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Shennan Circuits Co (SZSE:002916) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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What is Shennan Circuits Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shennan Circuits Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shennan Circuits 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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Shennan Circuits Co Cyclically Adjusted Price-to-FCF Chart

Shennan Circuits Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Shennan Circuits Co 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 Shennan Circuits Co's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, Shennan Circuits 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.


Shennan Circuits Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

* The bar in red indicates where Shennan Circuits Co's Cyclically Adjusted Price-to-FCF falls into.



Shennan Circuits 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.

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

For example, Shennan Circuits 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)
=-0.177/115.2271*115.2271
=-0.177

Current CPI (Mar. 2024) = 115.2271.

Shennan Circuits Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201109 0.000 92.711 0.000
201112 0.000 92.885 0.000
201203 0.000 94.367 0.000
201206 0.000 93.495 0.000
201209 0.000 94.482 0.000
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201512 0.000 100.600 0.000
201606 0.000 101.400 0.000
201609 0.000 102.400 0.000
201612 0.000 102.600 0.000
201703 -0.293 103.200 -0.327
201706 1.288 103.100 1.440
201709 -0.696 104.100 -0.770
201712 0.952 104.500 1.050
201803 -0.753 105.300 -0.824
201806 0.759 104.900 0.834
201809 -0.665 106.600 -0.719
201812 0.260 106.500 0.281
201903 -0.709 107.700 -0.759
201906 -0.162 107.700 -0.173
201909 -0.512 109.800 -0.537
201912 -0.567 111.200 -0.588
202003 -0.416 112.300 -0.427
202006 -0.511 110.400 -0.533
202009 -0.254 111.700 -0.262
202012 -0.225 111.500 -0.233
202103 -0.418 112.662 -0.428
202106 -0.634 111.769 -0.654
202109 -0.829 112.215 -0.851
202112 1.230 113.108 1.253
202203 -0.562 114.335 -0.566
202206 0.009 114.558 0.009
202209 0.269 115.339 0.269
202212 -0.122 115.116 -0.122
202303 -0.176 115.116 -0.176
202306 -0.781 114.558 -0.786
202309 -1.064 115.339 -1.063
202312 0.733 114.781 0.736
202403 -0.177 115.227 -0.177

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.


Shennan Circuits Co  (SZSE:002916) 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.


Shennan Circuits Co Cyclically Adjusted Price-to-FCF Related Terms

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Shennan Circuits Co (SZSE:002916) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 99, Qiao Cheng EAST Road, Nanshan District, Shenzhen, CHN
Shennan Circuits Co Ltd is a China-based printed circuit board and the packaging substrate manufacturer. The company operates in five business divisions including design services, printed circuit board, printed circuit board assembly, the package substrate, and laminated busbar. It provides products and services for the communication equipment manufacturers, aeronautics, and astronautics electronic manufacturers.
Executives
Wang Cheng Yong Executives
Zhang Li Jun Directors, executives
Yang Zhi Cheng Director
Zhang Li Hua Executives
Gong Jian Executives
Zhou Jin Qun Directors, executives
Xie Yan Hong Supervisors

Shennan Circuits Co (SZSE:002916) Headlines

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