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Hezong Science and Technology Co (SZSE:300477) Cyclically Adjusted Price-to-FCF : (As of Jun. 05, 2024)


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What is Hezong Science and Technology Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hezong Science and Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hezong Science and 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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Hezong Science and Technology Co Cyclically Adjusted Price-to-FCF Chart

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

For the Electrical Equipment & Parts subindustry, Hezong Science and 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.


Hezong Science and Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Hezong Science and 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.

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

For example, Hezong Science and 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)
=-0.183/115.2271*115.2271
=-0.183

Current CPI (Mar. 2024) = 115.2271.

Hezong Science and Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.050 98.200 -0.059
201409 0.003 98.900 0.003
201412 0.193 99.000 0.225
201503 -0.203 99.900 -0.234
201506 0.051 99.500 0.059
201509 -0.256 100.500 -0.294
201512 0.085 100.600 0.097
201603 -0.115 102.200 -0.130
201606 0.023 101.400 0.026
201609 -0.152 102.400 -0.171
201612 0.034 102.600 0.038
201703 -0.120 103.200 -0.134
201706 -0.065 103.100 -0.073
201709 -0.116 104.100 -0.128
201712 0.116 104.500 0.128
201803 -0.650 105.300 -0.711
201806 -0.003 104.900 -0.003
201809 -0.308 106.600 -0.333
201812 0.031 106.500 0.034
201903 -0.233 107.700 -0.249
201906 0.373 107.700 0.399
201909 -0.213 109.800 -0.224
201912 0.175 111.200 0.181
202003 -0.198 112.300 -0.203
202006 0.110 110.400 0.115
202009 -0.032 111.700 -0.033
202012 0.238 111.500 0.246
202103 -0.055 112.662 -0.056
202106 -0.274 111.769 -0.282
202109 -0.199 112.215 -0.204
202112 0.109 113.108 0.111
202203 -0.209 114.335 -0.211
202206 -0.192 114.558 -0.193
202209 -0.023 115.339 -0.023
202212 -0.513 115.116 -0.513
202303 -0.486 115.116 -0.486
202306 0.195 114.558 0.196
202309 -0.324 115.339 -0.324
202312 -1.425 114.781 -1.431
202403 -0.183 115.227 -0.183

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.


Hezong Science and Technology Co  (SZSE:300477) 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.


Hezong Science and Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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Hezong Science and Technology Co (SZSE:300477) Business Description

Traded in Other Exchanges
N/A
Address
D-1211, Jiahua Building, Shangdi Sanjie, Haidian District, Beijing, CHN, 100085
Hezong Science and Technology Co Ltd is a high tech company providing technological solutions to their customers of power distribution and control equipment in the power industry. It is one-stop solution provider of power distribution systems in China, they offer products ranging from gas insulated ring main units, MV/LV air insulated switchgear, prefabricated substation, pole-mounted switches, distribution automation terminals (FTU/DTU), distribution transformers, to cable branching switchgear.
Executives
Wei Qiang Directors, executives
Han Guo Liang Directors, executives
Zhang Shu Directors, Directors, and Executives
Gao Xing Director
Zhang Xiao Yi Executives
Wang Wei Ping Supervisors
Zhang Ren Zeng Director
He Yun Director
Zhang Quan Zhong Supervisors
Liu Ze Gang Director
Liu Wei Dong Independent director
Wang Xiao Xin Supervisors

Hezong Science and Technology Co (SZSE:300477) Headlines

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