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TCL Technology Group (SZSE:000100) Cyclically Adjusted Price-to-FCF : (As of May. 25, 2024)


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What is TCL Technology Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


TCL Technology Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for TCL Technology 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.

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TCL Technology Group Cyclically Adjusted Price-to-FCF Chart

TCL Technology Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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TCL Technology Group 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 TCL Technology Group's Cyclically Adjusted Price-to-FCF

For the Semiconductor Equipment & Materials subindustry, TCL Technology 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.


TCL Technology Group's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



TCL Technology 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.

TCL Technology Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, TCL Technology Group'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)
=-0/115.2271*115.2271
=0.000

Current CPI (Mar. 2024) = 115.2271.

TCL Technology Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.015 98.200 -0.018
201409 -0.063 98.900 -0.073
201412 -0.182 99.000 -0.212
201503 -0.373 99.900 -0.430
201506 0.156 99.500 0.181
201509 -0.215 100.500 -0.247
201512 -0.259 100.600 -0.297
201603 -0.398 102.200 -0.449
201606 -0.100 101.400 -0.114
201609 0.016 102.400 0.018
201612 -0.003 102.600 -0.003
201703 0.006 103.200 0.007
201706 -0.259 103.100 -0.289
201709 -0.028 104.100 -0.031
201712 -0.197 104.500 -0.217
201803 -0.157 105.300 -0.172
201806 -0.356 104.900 -0.391
201809 -0.617 106.600 -0.667
201812 -0.368 106.500 -0.398
201903 -0.301 107.700 -0.322
201906 -0.050 107.700 -0.053
201909 -0.136 109.800 -0.143
201912 -0.093 111.200 -0.096
202003 -0.181 112.300 -0.186
202006 -0.165 110.400 -0.172
202009 -0.467 111.700 -0.482
202012 -0.283 111.500 -0.292
202103 0.030 112.662 0.031
202106 -0.016 111.769 -0.016
202109 0.197 112.215 0.202
202112 -0.083 113.108 -0.085
202203 -0.472 114.335 -0.476
202206 -0.143 114.558 -0.144
202209 -0.630 115.339 -0.629
202212 -0.209 115.116 -0.209
202303 -0.226 115.116 -0.226
202306 -0.095 114.558 -0.096
202309 0.007 115.339 0.007
202312 0.088 114.781 0.088
202403 0.000 115.227 0.000

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.


TCL Technology Group  (SZSE:000100) 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.


TCL Technology Group Cyclically Adjusted Price-to-FCF Related Terms

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TCL Technology Group (SZSE:000100) Business Description

Traded in Other Exchanges
N/A
Address
17 Huifeng Third Road, TCL Technology Building, Zhongkai Hi-Tech Development District, Guangdong Province, Huizhou, CHN, 516001
TCL Technology Group Corp is a consumer electronics company in China. The company's operating segment includes Semi-conductor display and materials business; Distribution business; Semi-conductor photovoltaic and semi-conductor materials business and Other businesses. It generates maximum revenue from Semi-conductor display and materials business segment. The Semi-conductor display and materials business segment mainly includes research and development, manufacturing and sales of semiconductor display panels and semiconductor display modules.
Executives
Li Dong Sheng Directors, executives
Liu Bin Director
Wang Cheng Executives
Lu Xin Independent director
Yan Xiao Lin Executives
Wang Jian Xun Securities Affairs Representative
Mi Xin Bin Supervisors
Han Fang Ming Director
Bao Lian Ming Directors, executives
Shi Wan Wen Executives
Zhao Zhong Yao Directors, executives
Huang Xu Bin Executives
Yu Guang Hui Executives
Zheng Chuan Lie Director
He Cheng Ming Executives

TCL Technology Group (SZSE:000100) Headlines

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