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Skyworth Group (Skyworth Group) Cyclically Adjusted Price-to-FCF : 13.59 (As of Jun. 10, 2024)


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What is Skyworth Group Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Skyworth Group's current share price is $0.4077. Skyworth Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was $0.03. Skyworth Group's Cyclically Adjusted Price-to-FCF for today is 13.59.

The historical rank and industry rank for Skyworth Group's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SWDHF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.89   Med: 55.67   Max: 391
Current: 15.65

During the past 13 years, Skyworth Group's highest Cyclically Adjusted Price-to-FCF was 391.00. The lowest was 12.89. And the median was 55.67.

SWDHF's Cyclically Adjusted Price-to-FCF is ranked better than
75.13% of 965 companies
in the Hardware industry
Industry Median: 29.6 vs SWDHF: 15.65

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Skyworth Group's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was $0.037. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.03 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Skyworth Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Skyworth Group'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.

Skyworth Group Cyclically Adjusted Price-to-FCF Chart

Skyworth Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 47.83 - 38.20 15.34

Skyworth Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - 38.20 - 15.34

Competitive Comparison of Skyworth Group's Cyclically Adjusted Price-to-FCF

For the Consumer Electronics subindustry, Skyworth Group'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.


Skyworth Group's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

* The bar in red indicates where Skyworth Group's Cyclically Adjusted Price-to-FCF falls into.



Skyworth Group 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.

Skyworth Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.4077/0.03
=13.59

* 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.

Skyworth Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Skyworth Group'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)
=0.037/117.2957*117.2957
=0.037

Current CPI (Dec23) = 117.2957.

Skyworth Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.117 95.749 0.143
201503 0.120 99.927 0.141
201603 -0.021 102.785 -0.024
201703 -0.093 103.335 -0.106
201803 -0.102 105.973 -0.113
201912 -0.008 110.700 -0.008
202012 0.077 109.711 0.082
202112 -0.051 112.349 -0.053
202212 0.149 114.548 0.153
202312 0.037 117.296 0.037

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.


Skyworth Group  (OTCPK:SWDHF) 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.


Skyworth Group Cyclically Adjusted Price-to-FCF Related Terms

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


Skyworth Group (Skyworth Group) Business Description

Industry
Traded in Other Exchanges
Address
20 Westlands Road, Rooms 1601-04 Westlands Centre, Quarry Bay, Hong Kong, HKG
Skyworth Group Ltd is principally engaged in the manufacture and sales of smart TV systems, home access systems, smart white appliances, intelligent manufacturing, internet value-added services, property development, property holding, photovoltaic products, modern services, and trading of other products. The company has four operating segments; Multimedia business, Smart systems technology business, New energy business, and Smart appliances business. The Group's operations are located in the PRC, Asia (other than the PRC), the Americas, Europe, Africa, and other regions and it derives a majority of its revenue from the People's Republic of China.