GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wuhan Jingce Electronic Group Co Ltd (SZSE:300567) » Definitions » Cyclically Adjusted Price-to-FCF

Wuhan Jingce Electronic Group Co (SZSE:300567) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Wuhan Jingce Electronic Group Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Wuhan Jingce Electronic Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Wuhan Jingce Electronic Group 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.

Wuhan Jingce Electronic Group Co Cyclically Adjusted Price-to-FCF Chart

Wuhan Jingce Electronic Group 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 - - - - -

Wuhan Jingce Electronic Group 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 - - - - -

Competitive Comparison of Wuhan Jingce Electronic Group Co's Cyclically Adjusted Price-to-FCF

For the Scientific & Technical Instruments subindustry, Wuhan Jingce Electronic Group 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.


Wuhan Jingce Electronic Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wuhan Jingce Electronic Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Wuhan Jingce Electronic Group Co's Cyclically Adjusted Price-to-FCF falls into.



Wuhan Jingce Electronic Group 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.

Wuhan Jingce Electronic Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Wuhan Jingce Electronic Group 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)
=-0.365/115.2271*115.2271
=-0.365

Current CPI (Mar. 2024) = 115.2271.

Wuhan Jingce Electronic Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.280 98.200 -0.329
201409 0.114 98.900 0.133
201412 0.002 99.000 0.002
201503 -0.155 99.900 -0.179
201506 0.236 99.500 0.273
201509 -0.253 100.500 -0.290
201512 0.274 100.600 0.314
201603 -0.210 102.200 -0.237
201606 0.181 101.400 0.206
201609 0.125 102.400 0.141
201612 0.119 102.600 0.134
201703 -0.455 103.200 -0.508
201706 0.454 103.100 0.507
201709 0.087 104.100 0.096
201712 0.215 104.500 0.237
201803 -1.675 105.300 -1.833
201806 0.060 104.900 0.066
201809 -0.156 106.600 -0.169
201812 0.938 106.500 1.015
201903 -1.506 107.700 -1.611
201906 -0.549 107.700 -0.587
201909 -1.163 109.800 -1.220
201912 0.823 111.200 0.853
202003 -1.193 112.300 -1.224
202006 -0.351 110.400 -0.366
202009 0.821 111.700 0.847
202012 1.450 111.500 1.498
202103 -1.192 112.662 -1.219
202106 -0.671 111.769 -0.692
202109 -0.607 112.215 -0.623
202112 -0.519 113.108 -0.529
202203 -2.274 114.335 -2.292
202206 -0.536 114.558 -0.539
202209 0.169 115.339 0.169
202212 -0.757 115.116 -0.758
202303 -2.266 115.116 -2.268
202306 -1.290 114.558 -1.298
202309 -0.415 115.339 -0.415
202312 1.167 114.781 1.172
202403 -0.365 115.227 -0.365

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.


Wuhan Jingce Electronic Group Co  (SZSE:300567) 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.


Wuhan Jingce Electronic Group Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Wuhan Jingce Electronic Group Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Wuhan Jingce Electronic Group Co (SZSE:300567) Business Description

Traded in Other Exchanges
N/A
Address
No.53 Nanhu Avenue, 4 Floor, Hongshan Science & Technology Innovation Center, Hongshan District, Wuhan, CHN, 430070
Wuhan Jingce Electronic Group Co Ltd operates in the domestic flat panel display industry. The company is mainly engaged in the research and development, production and sales of flat panel display detection systems. The company's main products include module test system, panel test system, OLED test system, AOI system, touch panel test system and FPD automation equipment.
Executives
Shen Ya Fei Directors, executives
Liu Bing Hua Directors, executives
You Li Juan Executives
Yang Shen Dong Executives
Chen Kai Directors, executives
Peng Qian Director
Luo Zhen Chuan Executives
Ma Jun Executives
Han Yu Hua Supervisors

Wuhan Jingce Electronic Group Co (SZSE:300567) Headlines

No Headlines