GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Donghua Testing Technology Co Ltd (SZSE:300354) » Definitions » Cyclically Adjusted Price-to-FCF

Donghua Testing Technology Co (SZSE:300354) Cyclically Adjusted Price-to-FCF : (As of May. 27, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Donghua Testing Technology Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Donghua Testing Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Donghua Testing 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.

* Premium members only.

Donghua Testing Technology Co Cyclically Adjusted Price-to-FCF Chart

Donghua Testing 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 - - - - 30,617.08

Donghua Testing 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 - - - 30,617.08 -

Competitive Comparison of Donghua Testing Technology Co's Cyclically Adjusted Price-to-FCF

For the Scientific & Technical Instruments subindustry, Donghua Testing 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.


Donghua Testing Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Donghua Testing 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.

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

For example, Donghua Testing 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)
=-0.369/115.2271*115.2271
=-0.369

Current CPI (Mar. 2024) = 115.2271.

Donghua Testing Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.011 98.200 0.013
201409 -0.095 98.900 -0.111
201412 0.066 99.000 0.077
201503 -0.125 99.900 -0.144
201506 -0.003 99.500 -0.003
201509 -0.054 100.500 -0.062
201512 0.110 100.600 0.126
201603 -0.160 102.200 -0.180
201606 -0.074 101.400 -0.084
201609 -0.034 102.400 -0.038
201612 0.128 102.600 0.144
201703 -0.090 103.200 -0.100
201706 0.001 103.100 0.001
201709 -0.029 104.100 -0.032
201712 0.200 104.500 0.221
201803 -0.222 105.300 -0.243
201806 0.015 104.900 0.016
201809 0.032 106.600 0.035
201812 0.185 106.500 0.200
201903 -0.086 107.700 -0.092
201906 -0.043 107.700 -0.046
201909 0.002 109.800 0.002
201912 0.214 111.200 0.222
202003 -0.192 112.300 -0.197
202006 -0.022 110.400 -0.023
202009 0.028 111.700 0.029
202012 0.259 111.500 0.268
202103 -0.198 112.662 -0.203
202106 0.052 111.769 0.054
202109 0.039 112.215 0.040
202112 0.237 113.108 0.241
202203 -0.114 114.335 -0.115
202206 -0.036 114.558 -0.036
202209 -0.081 115.339 -0.081
202212 0.401 115.116 0.401
202303 -0.279 115.116 -0.279
202306 -0.153 114.558 -0.154
202309 -0.124 115.339 -0.124
202312 0.380 114.781 0.381
202403 -0.369 115.227 -0.369

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.


Donghua Testing Technology Co  (SZSE:300354) 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.


Donghua Testing Technology Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Donghua Testing Technology Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Donghua Testing Technology Co (SZSE:300354) Business Description

Traded in Other Exchanges
N/A
Address
No. 208 Xingang Avenue, Jiangsu, Jingjiang, CHN, 214500
Donghua Testing Technology Co Ltd is engaged in the research and development of intelligent testing techniques of structural mechanics. The products of the company include stress and strain test analysis system, bridge modal test system, model state excitation system, and wireless signal test analysis system.
Executives
Fan Yi Mu Executives
Liu Shi Gang Director
Chen Li Directors, executives
Qu Xiao Song Directors, executives
Xie Yong Independent director

Donghua Testing Technology Co (SZSE:300354) Headlines

No Headlines