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Maxscend Microelectronics Co (SZSE:300782) Cyclically Adjusted Price-to-FCF : (As of Jun. 04, 2024)


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What is Maxscend Microelectronics Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Maxscend Microelectronics Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Maxscend 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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Maxscend Microelectronics Co Cyclically Adjusted Price-to-FCF Chart

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

For the Semiconductors subindustry, Maxscend 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.


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

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

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



Maxscend 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.

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

For example, Maxscend Microelectronics 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)
=-0.426/114.7809*114.7809
=-0.426

Current CPI (Dec23) = 114.7809.

Maxscend Microelectronics Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.005 99.000 -0.006
201512 0.023 100.600 0.026
201612 0.241 102.600 0.270
201712 0.290 104.500 0.319
201812 0.271 106.500 0.292
201912 -0.090 111.200 -0.093
202012 1.644 111.500 1.692
202112 -3.208 113.108 -3.255
202212 -1.440 115.116 -1.436
202312 -0.426 114.781 -0.426

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.


Maxscend Microelectronics Co  (SZSE:300782) 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.


Maxscend Microelectronics Co Cyclically Adjusted Price-to-FCF Related Terms

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Maxscend Microelectronics Co (SZSE:300782) Business Description

Traded in Other Exchanges
N/A
Address
No.777 Building West Road, 11th Floor, Building A3, Binhu District, Jiangsu, Wuxi, CHN, 214072
Maxscend Microelectronics Co Ltd is a Chinese based company involved in the integrated circuit business. The business activity of the group includes integrated circuit production; technology development of integrated circuits and providing software technical services.
Executives
Directors, executives
Xu Zhi Han Directors, executives
Yao Li Sheng Director

Maxscend Microelectronics Co (SZSE:300782) Headlines

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