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Changsha Jingjia Microelectronics Co (SZSE:300474) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Changsha Jingjia Microelectronics Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Changsha Jingjia Microelectronics Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Changsha Jingjia Microelectronics 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.

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Changsha Jingjia Microelectronics Co Cyclically Adjusted Price-to-FCF Chart

Changsha Jingjia Microelectronics Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Changsha Jingjia Microelectronics Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Changsha Jingjia Microelectronics Co's Cyclically Adjusted Price-to-FCF

For the Semiconductors subindustry, Changsha Jingjia Microelectronics 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.


Changsha Jingjia Microelectronics Co's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Changsha Jingjia Microelectronics Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Changsha Jingjia Microelectronics Co's Cyclically Adjusted Price-to-FCF falls into.



Changsha Jingjia Microelectronics 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.

Changsha Jingjia Microelectronics Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Changsha Jingjia Microelectronics 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)
=-0.263/115.2271*115.2271
=-0.263

Current CPI (Mar. 2024) = 115.2271.

Changsha Jingjia Microelectronics Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201503 -0.048 99.900 -0.055
201506 -0.076 99.500 -0.088
201509 -0.145 100.500 -0.166
201512 0.288 100.600 0.330
201603 -0.034 102.200 -0.038
201606 0.017 101.400 0.019
201609 -0.140 102.400 -0.158
201612 0.168 102.600 0.189
201703 -0.143 103.200 -0.160
201706 -0.082 103.100 -0.092
201709 -0.081 104.100 -0.090
201712 0.059 104.500 0.065
201803 -0.092 105.300 -0.101
201806 0.109 104.900 0.120
201809 -0.113 106.600 -0.122
201812 0.063 106.500 0.068
201903 -0.120 107.700 -0.128
201906 -0.109 107.700 -0.117
201909 -0.055 109.800 -0.058
201912 0.292 111.200 0.303
202003 -0.166 112.300 -0.170
202006 -0.015 110.400 -0.016
202009 -0.020 111.700 -0.021
202012 0.157 111.500 0.162
202103 -0.107 112.662 -0.109
202106 0.152 111.769 0.157
202109 -0.072 112.215 -0.074
202112 0.115 113.108 0.117
202203 -0.255 114.335 -0.257
202206 -0.512 114.558 -0.515
202209 0.000 115.339 0.000
202212 -0.185 115.116 -0.185
202303 -0.282 115.116 -0.282
202306 0.123 114.558 0.124
202309 0.265 115.339 0.265
202312 0.227 114.781 0.228
202403 -0.263 115.227 -0.263

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.


Changsha Jingjia Microelectronics Co  (SZSE:300474) 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.


Changsha Jingjia Microelectronics Co Cyclically Adjusted Price-to-FCF Related Terms

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Changsha Jingjia Microelectronics Co (SZSE:300474) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Meixihu Road, Yuelu District, Hunan Province, Changsha, CHN, 410221
Changsha Jingjia Microelectronics Co Ltd is a China-based company engaged in designing and manufacturing electronic products and integrated circuits and related software. It offers solutions, products and ancillary services to customers in the areas of information detection, information processing, and information delivery. The company also develops and manufactures domestically produced graphics processing chips. Its products portfolio comprises of the signal processing module, armored vehicle active protection, airborne data link, display control and single board and others.
Executives
Hu Ya Hua Executives
Liao Kai Secretary Dong
Guo Hai Executives
Yu Li Li Director
Ceng Wan Hui Directors, executives
Yu Sheng Fa Directors, executives
Luo Jing Cheng Executives
Yu Xiao You Independent director
Chen Nu Xing Supervisors
Rao Xian Hong Director
Tian Li Song Director

Changsha Jingjia Microelectronics Co (SZSE:300474) Headlines

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