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Shenzhen SED Industry Co (SZSE:000032) Cyclically Adjusted Price-to-FCF : (As of May. 20, 2024)


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What is Shenzhen SED Industry Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shenzhen SED Industry Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shenzhen SED Industry 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.

* Premium members only.

Shenzhen SED Industry Co Cyclically Adjusted Price-to-FCF Chart

Shenzhen SED Industry Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.89 45.14 99.51 158.72 137.51

Shenzhen SED Industry Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - 205.96 137.51 -

Competitive Comparison of Shenzhen SED Industry Co's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, Shenzhen SED Industry 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.


Shenzhen SED Industry Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

* The bar in red indicates where Shenzhen SED Industry Co's Cyclically Adjusted Price-to-FCF falls into.



Shenzhen SED Industry 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.

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

For example, Shenzhen SED Industry 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)
=-1.787/115.2271*115.2271
=-1.787

Current CPI (Mar. 2024) = 115.2271.

Shenzhen SED Industry Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.079 98.200 0.093
201409 0.137 98.900 0.160
201412 -0.010 99.000 -0.012
201503 0.044 99.900 0.051
201506 0.026 99.500 0.030
201509 -0.003 100.500 -0.003
201512 0.698 100.600 0.799
201603 -0.118 102.200 -0.133
201606 -0.012 101.400 -0.014
201609 -0.005 102.400 -0.006
201612 0.269 102.600 0.302
201703 0.081 103.200 0.090
201706 -0.043 103.100 -0.048
201709 0.136 104.100 0.151
201712 0.271 104.500 0.299
201803 -0.012 105.300 -0.013
201806 -0.014 104.900 -0.015
201809 0.166 106.600 0.179
201812 0.343 106.500 0.371
201903 0.041 107.700 0.044
201906 0.003 107.700 0.003
201909 0.127 109.800 0.133
201912 -0.041 111.200 -0.042
202003 -0.135 112.300 -0.139
202006 -1.709 110.400 -1.784
202009 0.033 111.700 0.034
202012 3.409 111.500 3.523
202103 -3.933 112.662 -4.023
202106 -0.227 111.769 -0.234
202109 0.183 112.215 0.188
202112 2.322 113.108 2.366
202203 -1.965 114.335 -1.980
202206 0.035 114.558 0.035
202209 0.018 115.339 0.018
202212 1.131 115.116 1.132
202303 -2.099 115.116 -2.101
202306 -0.495 114.558 -0.498
202309 2.255 115.339 2.253
202312 0.339 114.781 0.340
202403 -1.787 115.227 -1.787

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.


Shenzhen SED Industry Co  (SZSE:000032) 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.


Shenzhen SED Industry Co Cyclically Adjusted Price-to-FCF Related Terms

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Shenzhen SED Industry Co (SZSE:000032) Business Description

Traded in Other Exchanges
N/A
Address
Keji Road, Sangda Technology Building, 16F, Nanshan Technology Park, Shenzhen, Guangdong, CHN, 518057
Shenzhen SED Industry Co Ltd operates in a smart industry which includes smart transportation, smart lighting, new energy, and smart business, rail transit communication signal industry, and logistics industry which includes industrial logistics.

Shenzhen SED Industry Co (SZSE:000032) Headlines

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