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TDG Holding Co (SHSE:600330) Cyclically Adjusted Price-to-FCF : (As of May. 17, 2024)


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What is TDG Holding Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


TDG Holding Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for TDG Holding 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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TDG Holding Co Cyclically Adjusted Price-to-FCF Chart

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

For the Electronic Components subindustry, TDG Holding 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.


TDG Holding Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



TDG Holding 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.

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

For example, TDG Holding 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)
=-0.255/115.2271*115.2271
=-0.255

Current CPI (Mar. 2024) = 115.2271.

TDG Holding Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.089 98.200 -0.104
201409 -0.199 98.900 -0.232
201412 0.099 99.000 0.115
201503 -0.096 99.900 -0.111
201506 -0.045 99.500 -0.052
201509 -0.215 100.500 -0.247
201512 0.053 100.600 0.061
201603 -0.025 102.200 -0.028
201606 -0.097 101.400 -0.110
201609 -0.023 102.400 -0.026
201612 -0.101 102.600 -0.113
201703 -0.057 103.200 -0.064
201706 0.021 103.100 0.023
201709 0.013 104.100 0.014
201712 -0.096 104.500 -0.106
201803 -0.201 105.300 -0.220
201806 -0.169 104.900 -0.186
201809 0.005 106.600 0.005
201812 0.113 106.500 0.122
201903 -0.174 107.700 -0.186
201906 -0.110 107.700 -0.118
201909 -0.065 109.800 -0.068
201912 0.017 111.200 0.018
202003 -0.093 112.300 -0.095
202006 -0.101 110.400 -0.105
202009 -0.020 111.700 -0.021
202012 -0.075 111.500 -0.078
202103 -0.007 112.662 -0.007
202106 -0.041 111.769 -0.042
202109 -0.017 112.215 -0.017
202112 0.125 113.108 0.127
202203 -0.021 114.335 -0.021
202206 0.041 114.558 0.041
202209 -0.089 115.339 -0.089
202212 0.198 115.116 0.198
202303 -0.099 115.116 -0.099
202306 -0.017 114.558 -0.017
202309 -0.099 115.339 -0.099
202312 0.146 114.781 0.147
202403 -0.255 115.227 -0.255

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.


TDG Holding Co  (SHSE:600330) 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.


TDG Holding Co Cyclically Adjusted Price-to-FCF Related Terms

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TDG Holding Co (SHSE:600330) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Longxiang Building, 18F, Haining, Zhejiang, CHN, 314400
TDG Holding Co Ltd is engaged in the manufacturing and marketing of electronic materials, electronic components, intelligent equipment, and strategic investments. Its products include MnZn, NiZn, metal powder cores, sapphire crystal materials and LT/LN.

TDG Holding Co (SHSE:600330) Headlines

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