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Fujian Zitian Media Technology Co (SZSE:300280) Cyclically Adjusted Price-to-FCF : 96.84 (As of May. 28, 2024)


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What is Fujian Zitian Media Technology Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-28), Fujian Zitian Media Technology Co's current share price is ¥18.40. Fujian Zitian Media Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.19. Fujian Zitian Media Technology Co's Cyclically Adjusted Price-to-FCF for today is 96.84.

The historical rank and industry rank for Fujian Zitian Media Technology Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SZSE:300280' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 35.61   Med: 180   Max: 1923.33
Current: 100.91

During the past years, Fujian Zitian Media Technology Co's highest Cyclically Adjusted Price-to-FCF was 1923.33. The lowest was 35.61. And the median was 180.00.

SZSE:300280's Cyclically Adjusted Price-to-FCF is ranked worse than
91.9% of 358 companies
in the Media - Diversified industry
Industry Median: 16.61 vs SZSE:300280: 100.91

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Fujian Zitian Media Technology Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.114. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ¥0.19 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fujian Zitian Media Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fujian Zitian Media Technology Co's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fujian Zitian Media Technology Co Cyclically Adjusted Price-to-FCF Chart

Fujian Zitian Media Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 241.57 212.03 99.18 - 229.60

Fujian Zitian Media Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 820.24 378.27 242.06 229.60 219.12

Competitive Comparison of Fujian Zitian Media Technology Co's Cyclically Adjusted Price-to-FCF

For the Advertising Agencies subindustry, Fujian Zitian Media Technology Co's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fujian Zitian Media Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Fujian Zitian Media Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Fujian Zitian Media Technology Co's Cyclically Adjusted Price-to-FCF falls into.



Fujian Zitian Media Technology Co Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Fujian Zitian Media Technology Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=18.40/0.19
=96.84

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fujian Zitian Media Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Fujian Zitian Media Technology Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.114/115.2271*115.2271
=0.114

Current CPI (Mar. 2024) = 115.2271.

Fujian Zitian Media Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.052 98.200 -0.061
201409 0.036 98.900 0.042
201412 -0.008 99.000 -0.009
201503 0.059 99.900 0.068
201506 0.049 99.500 0.057
201509 0.077 100.500 0.088
201512 0.079 100.600 0.090
201603 0.081 102.200 0.091
201606 -0.015 101.400 -0.017
201609 0.008 102.400 0.009
201612 0.177 102.600 0.199
201703 -0.245 103.200 -0.274
201706 -0.156 103.100 -0.174
201709 0.006 104.100 0.007
201712 0.019 104.500 0.021
201803 -0.133 105.300 -0.146
201806 -0.149 104.900 -0.164
201809 0.120 106.600 0.130
201812 0.013 106.500 0.014
201903 0.067 107.700 0.072
201906 0.797 107.700 0.853
201909 0.031 109.800 0.033
201912 0.911 111.200 0.944
202003 0.254 112.300 0.261
202006 1.790 110.400 1.868
202009 0.114 111.700 0.118
202012 -0.403 111.500 -0.416
202103 0.047 112.662 0.048
202106 0.031 111.769 0.032
202109 0.212 112.215 0.218
202112 0.136 113.108 0.139
202203 0.452 114.335 0.456
202206 -0.172 114.558 -0.173
202209 0.317 115.339 0.317
202212 -5.056 115.116 -5.061
202303 0.753 115.116 0.754
202306 0.656 114.558 0.660
202309 0.121 115.339 0.121
202312 0.574 114.781 0.576
202403 0.114 115.227 0.114

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Fujian Zitian Media Technology Co  (SZSE:300280) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Fujian Zitian Media Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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Fujian Zitian Media Technology Co (SZSE:300280) Business Description

Traded in Other Exchanges
N/A
Address
South side of Aofeng Road, Aofeng Street, Property building on the first floor of Chuangshi Building, Taijiang District, Fujian Province, Fuzhou, CHN, 350004
Fujian Zitian Media Technology Co Ltd is engaged in the business of modern advertising service business, including building media advertising and Internet advertising.
Executives
Guo Fan Directors, executives
Zhu Qiong Director

Fujian Zitian Media Technology Co (SZSE:300280) Headlines

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