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Konfoong Materials International Co (SZSE:300666) Cyclically Adjusted Price-to-FCF : (As of Jun. 07, 2024)


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What is Konfoong Materials International Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Konfoong Materials International Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Konfoong Materials International 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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Konfoong Materials International Co Cyclically Adjusted Price-to-FCF Chart

Konfoong Materials International Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Konfoong Materials International 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 Konfoong Materials International Co's Cyclically Adjusted Price-to-FCF

For the Semiconductor Equipment & Materials subindustry, Konfoong Materials International 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.


Konfoong Materials International Co's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

* The bar in red indicates where Konfoong Materials International Co's Cyclically Adjusted Price-to-FCF falls into.



Konfoong Materials International 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.

Konfoong Materials International Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Konfoong Materials International Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-2.247/114.7809*114.7809
=-2.247

Current CPI (Dec23) = 114.7809.

Konfoong Materials International Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.502 99.000 -0.582
201512 0.115 100.600 0.131
201612 0.135 102.600 0.151
201712 -0.465 104.500 -0.511
201812 -0.554 106.500 -0.597
201912 -0.242 111.200 -0.250
202012 -1.276 111.500 -1.314
202112 -0.961 113.108 -0.975
202212 -3.321 115.116 -3.311
202312 -2.247 114.781 -2.247

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.


Konfoong Materials International Co  (SZSE:300666) 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.


Konfoong Materials International Co Cyclically Adjusted Price-to-FCF Related Terms

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Konfoong Materials International Co (SZSE:300666) Business Description

Traded in Other Exchanges
N/A
Address
No. 198 Anshan Road, Mingbang Science and Technology Industrial Park, Zhejiang, Yuyao, CHN, 315400
Konfoong Materials International Co Ltd develops and manufactures metal materials and sputtering targets for the semiconductor and integrated circuit industries. Its products include semiconductor targets, solar targets, LCD targets, and TF targets. Geographically the business activities are carried out through China, however, its products are sold Chinese and international market such as Europe, North America, and Asia.
Executives
Yao Li Jun Directors, executives
Zhang Hui Yang Director
Wang Xiao Yong Supervisors
Shi Yu Hong Securities Affairs Representative
Li Zhong Zhuo Director
Dou Xing Xian Executives

Konfoong Materials International Co (SZSE:300666) Headlines

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