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Shenzhen Changhong Technology Co (SZSE:300151) Cyclically Adjusted Price-to-FCF : (As of Jun. 05, 2024)


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What is Shenzhen Changhong Technology Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shenzhen Changhong Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shenzhen Changhong 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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Shenzhen Changhong Technology Co Cyclically Adjusted Price-to-FCF Chart

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

For the Auto Parts subindustry, Shenzhen Changhong 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.


Shenzhen Changhong Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shenzhen Changhong Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Shenzhen Changhong 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.

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

For example, Shenzhen Changhong 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)
=-0.047/115.2271*115.2271
=-0.047

Current CPI (Mar. 2024) = 115.2271.

Shenzhen Changhong Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.040 98.200 -0.047
201409 -0.184 98.900 -0.214
201412 -0.114 99.000 -0.133
201503 -0.028 99.900 -0.032
201506 -0.014 99.500 -0.016
201509 0.012 100.500 0.014
201512 0.001 100.600 0.001
201603 -0.043 102.200 -0.048
201606 0.007 101.400 0.008
201609 0.027 102.400 0.030
201612 0.010 102.600 0.011
201703 -0.057 103.200 -0.064
201706 0.057 103.100 0.064
201709 0.041 104.100 0.045
201712 0.009 104.500 0.010
201803 0.042 105.300 0.046
201806 0.076 104.900 0.083
201809 0.038 106.600 0.041
201812 -0.126 106.500 -0.136
201903 0.028 107.700 0.030
201906 0.060 107.700 0.064
201909 0.010 109.800 0.010
201912 -0.052 111.200 -0.054
202003 -0.057 112.300 -0.058
202006 0.100 110.400 0.104
202009 0.007 111.700 0.007
202012 0.088 111.500 0.091
202103 -0.033 112.662 -0.034
202106 -0.141 111.769 -0.145
202109 -0.045 112.215 -0.046
202112 -0.013 113.108 -0.013
202203 -0.066 114.335 -0.067
202206 -0.066 114.558 -0.066
202209 -0.179 115.339 -0.179
202212 0.038 115.116 0.038
202303 -0.140 115.116 -0.140
202306 0.108 114.558 0.109
202309 -0.060 115.339 -0.060
202312 0.006 114.781 0.006
202403 -0.047 115.227 -0.047

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 Changhong Technology Co  (SZSE:300151) 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 Changhong Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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Shenzhen Changhong Technology Co (SZSE:300151) Business Description

Traded in Other Exchanges
N/A
Address
No 3 Jinlong Avenue, Pingshan Town, Longgang District, Shenzhen, CHN
Shenzhen Changhong Technology Co Ltd is a China-based company engaged in the manufacture and injection of plastic molds and components assembling. Its products include high-precision molds, plastic parts, medical parts and consumables, and stamping dies.
Executives
Li Huan Chang Directors, executives
Yu Han Chang Supervisors
Xu Yan Ping Directors, executives
Zhou Guo Quan Executives
Zhao A Rong Supervisors
Hua Shou Fu Directors, executives
Liu Jun Secretary Dong
Zhang Tai Supervisors
Guan Feng Xing Supervisors
Tan Long Quan Directors, executives

Shenzhen Changhong Technology Co (SZSE:300151) Headlines

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