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Chongqing Hifuture Information Technology Co (SZSE:002168) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is Chongqing Hifuture Information Technology Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Chongqing Hifuture Information Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Chongqing Hifuture Information Technology 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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Chongqing Hifuture Information Technology Co Cyclically Adjusted Price-to-FCF Chart

Chongqing Hifuture Information Technology 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 - - - 3,091.12 -

Chongqing Hifuture Information Technology 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 9,499.64 - - - -

Competitive Comparison of Chongqing Hifuture Information Technology Co's Cyclically Adjusted Price-to-FCF

For the Electrical Equipment & Parts subindustry, Chongqing Hifuture Information Technology 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.


Chongqing Hifuture Information Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chongqing Hifuture Information Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Chongqing Hifuture Information Technology Co's Cyclically Adjusted Price-to-FCF falls into.



Chongqing Hifuture Information Technology 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.

Chongqing Hifuture Information Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Chongqing Hifuture Information Technology 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)
=-0.023/115.2271*115.2271
=-0.023

Current CPI (Mar. 2024) = 115.2271.

Chongqing Hifuture Information Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.147 98.200 -0.172
201409 0.178 98.900 0.207
201412 -0.004 99.000 -0.005
201503 0.007 99.900 0.008
201506 -0.007 99.500 -0.008
201509 -0.060 100.500 -0.069
201512 -0.108 100.600 -0.124
201603 -0.094 102.200 -0.106
201606 -0.015 101.400 -0.017
201609 -0.005 102.400 -0.006
201612 0.023 102.600 0.026
201703 0.007 103.200 0.008
201706 -0.049 103.100 -0.055
201709 -0.013 104.100 -0.014
201712 0.088 104.500 0.097
201803 0.009 105.300 0.010
201806 -0.001 104.900 -0.001
201809 0.180 106.600 0.195
201812 0.187 106.500 0.202
201903 -0.158 107.700 -0.169
201906 -0.106 107.700 -0.113
201909 -0.032 109.800 -0.034
201912 -0.259 111.200 -0.268
202003 0.199 112.300 0.204
202006 0.002 110.400 0.002
202009 0.040 111.700 0.041
202012 -0.069 111.500 -0.071
202103 0.334 112.662 0.342
202106 -0.151 111.769 -0.156
202109 -0.016 112.215 -0.016
202112 0.057 113.108 0.058
202203 0.012 114.335 0.012
202206 -0.028 114.558 -0.028
202209 0.122 115.339 0.122
202212 -0.054 115.116 -0.054
202303 -0.050 115.116 -0.050
202306 -0.047 114.558 -0.047
202309 0.002 115.339 0.002
202312 0.053 114.781 0.053
202403 -0.023 115.227 -0.023

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.


Chongqing Hifuture Information Technology Co  (SZSE:002168) 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.


Chongqing Hifuture Information Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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Chongqing Hifuture Information Technology Co (SZSE:002168) Business Description

Traded in Other Exchanges
N/A
Address
Lanjing North Road, Hifuture science and Technology Park, Longgang District, Pingshan, CHN, 518118
Shenzhen Hifuture Electric Co Ltd is specialized in the development, production, sales, installation, and distribution of network integrated solutions of electrical equipment. It offers a wide range of products, including medium and low voltage cable connection boxes with totally-enclosed and totally-insulated, cable joint boxes, silicone rubber cable accessories, cable plugs and other silicone rubber insulation products, as well as SMC electrical equipment enclosures.
Executives
Chen Dan Director
Director
Shen Xiao Chao Director
Fang Li Executives
Xu Hai Xiao Directors, executives
Zhang Jing Directors, executives
Wang Chao Yong Director
Zhan Wei Zai Independent director
Ren Jin Sheng Director
Lv Feng Hua Director
He Ping Directors, executives
Zhao Yu Mei Supervisors
Zhang Guo Gang Executives
Kuang Xiao Ming Directors, executives
He Feng Executives

Chongqing Hifuture Information Technology Co (SZSE:002168) Headlines

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