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Taiji Computer (SZSE:002368) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


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What is Taiji Computer Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Taiji Computer Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Taiji Computer'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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Taiji Computer Cyclically Adjusted Price-to-FCF Chart

Taiji Computer 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 - - 794.55 371.12 -

Taiji Computer 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 - - - - -

Competitive Comparison of Taiji Computer's Cyclically Adjusted Price-to-FCF

For the Information Technology Services subindustry, Taiji Computer'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.


Taiji Computer's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Taiji Computer's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Taiji Computer 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.

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

For example, Taiji Computer'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)
=-2.565/115.2271*115.2271
=-2.565

Current CPI (Mar. 2024) = 115.2271.

Taiji Computer Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.376 98.200 -0.441
201409 -0.134 98.900 -0.156
201412 1.284 99.000 1.494
201503 -2.335 99.900 -2.693
201506 0.146 99.500 0.169
201509 -0.497 100.500 -0.570
201512 1.432 100.600 1.640
201603 -1.070 102.200 -1.206
201606 -0.530 101.400 -0.602
201609 -0.091 102.400 -0.102
201612 1.223 102.600 1.374
201703 -0.630 103.200 -0.703
201706 -0.737 103.100 -0.824
201709 -0.014 104.100 -0.015
201712 1.736 104.500 1.914
201803 -0.924 105.300 -1.011
201806 -0.326 104.900 -0.358
201809 -0.547 106.600 -0.591
201812 3.093 106.500 3.346
201903 -1.818 107.700 -1.945
201906 -0.420 107.700 -0.449
201909 -0.662 109.800 -0.695
201912 2.364 111.200 2.450
202003 -2.214 112.300 -2.272
202006 -0.928 110.400 -0.969
202009 -0.004 111.700 -0.004
202012 3.857 111.500 3.986
202103 -3.451 112.662 -3.530
202106 -0.361 111.769 -0.372
202109 0.446 112.215 0.458
202112 4.081 113.108 4.157
202203 -2.635 114.335 -2.656
202206 -0.876 114.558 -0.881
202209 -0.075 115.339 -0.075
202212 3.410 115.116 3.413
202303 -2.634 115.116 -2.637
202306 -0.412 114.558 -0.414
202309 -0.333 115.339 -0.333
202312 1.990 114.781 1.998
202403 -2.565 115.227 -2.565

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.


Taiji Computer  (SZSE:002368) 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.


Taiji Computer Cyclically Adjusted Price-to-FCF Related Terms

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Taiji Computer (SZSE:002368) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Rongda Road, China Electric Power Taiji Information Industry Park, Chaoyang District, Beijing, CHN
Taiji Computer Corp Ltd is engaged in the designing and engineering construction of information systems in China. It offers information technology consulting services, industry solution services, infrastructure services, operational services, and various other value-added IT services. In addition, the company is also involved in the information construction of government, finance, energy, manufacturing, and public utilities.
Executives
Feng Guo Kuan Executives
Lv Yi Director
Chai Yong Mao Directors, executives
Wang Yu Zhong Supervisors
Xiao Yi Executives
Shen Long Zhe Executives
Zhong Kai Executives
Wang Xin Zhong Executives
Zheng Ji Yun Securities Affairs Representative
Zhang Su Wei Executives
Xu Shi Jun Executives
He Jing Supervisors
Liu Huai Song Directors, executives
Liu Xiao Wei Directors, executives
Wang Ya Feng Directors, executives

Taiji Computer (SZSE:002368) Headlines

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