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Hangzhou AGS Medtech Co (SHSE:688581) 3-Year FCF Growth Rate : 78.40% (As of Mar. 2024)


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What is Hangzhou AGS Medtech Co 3-Year FCF Growth Rate?

Hangzhou AGS Medtech Co's Free Cash Flow per Share for the three months ended in Mar. 2024 was ¥-0.02.

During the past 12 months, Hangzhou AGS Medtech Co's average Free Cash Flow per Share Growth Rate was 53.40% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 78.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

During the past 7 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Hangzhou AGS Medtech Co was 78.40% per year. The lowest was 34.60% per year. And the median was 56.50% per year.


Competitive Comparison of Hangzhou AGS Medtech Co's 3-Year FCF Growth Rate

For the Medical Devices subindustry, Hangzhou AGS Medtech Co's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate 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.


Hangzhou AGS Medtech Co's 3-Year FCF Growth Rate Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Hangzhou AGS Medtech Co's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Hangzhou AGS Medtech Co's 3-Year FCF Growth Rate falls into.



Hangzhou AGS Medtech Co 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.


Hangzhou AGS Medtech Co  (SHSE:688581) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.


Hangzhou AGS Medtech Co 3-Year FCF Growth Rate Related Terms

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Hangzhou AGS Medtech Co (SHSE:688581) Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Kangxin Road, Building 597, Building 5, Yuhang District, Zhejiang Province, Hangzhou, CHN, 311106
Hangzhou AGS Medtech Co Ltd is engaged in Research & Development, production, and sales of endoscopic minimally invasive diagnosis and treatment devices. The company upholds the core values of create, insist, share, and providing patients and clinicians with safer and more efficient minimally invasive endoscopic devices, helping patients reduce pain and medical costs.

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