GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Shanghai Fortune Techgroup Co Ltd (SZSE:300493) » Definitions » Cyclically Adjusted Price-to-FCF

Shanghai Fortune Techgroup Co (SZSE:300493) Cyclically Adjusted Price-to-FCF : (As of Jun. 11, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Shanghai Fortune Techgroup Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Fortune Techgroup Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shanghai Fortune Techgroup 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.

Shanghai Fortune Techgroup Co Cyclically Adjusted Price-to-FCF Chart

Shanghai Fortune Techgroup 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 - - - - -

Shanghai Fortune Techgroup 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 - - - - -

Competitive Comparison of Shanghai Fortune Techgroup Co's Cyclically Adjusted Price-to-FCF

For the Semiconductors subindustry, Shanghai Fortune Techgroup 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.


Shanghai Fortune Techgroup Co's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Shanghai Fortune Techgroup Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shanghai Fortune Techgroup Co's Cyclically Adjusted Price-to-FCF falls into.



Shanghai Fortune Techgroup 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.

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

For example, Shanghai Fortune Techgroup 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)
=0.077/115.2271*115.2271
=0.077

Current CPI (Mar. 2024) = 115.2271.

Shanghai Fortune Techgroup Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.043 98.600 -0.050
201409 0.000 98.900 0.000
201412 0.000 99.000 0.000
201503 0.049 99.900 0.057
201506 -0.032 99.500 -0.037
201509 -0.070 100.500 -0.080
201512 -0.060 100.600 -0.069
201603 -0.055 102.200 -0.062
201606 -0.042 101.400 -0.048
201609 -0.504 102.400 -0.567
201612 -0.282 102.600 -0.317
201703 0.108 103.200 0.121
201706 -0.032 103.100 -0.036
201709 0.040 104.100 0.044
201712 0.007 104.500 0.008
201803 0.108 105.300 0.118
201806 -0.049 104.900 -0.054
201809 -0.435 106.600 -0.470
201812 0.181 106.500 0.196
201903 0.417 107.700 0.446
201906 0.168 107.700 0.180
201909 -0.073 109.800 -0.077
201912 0.102 111.200 0.106
202003 0.153 112.300 0.157
202006 0.051 110.400 0.053
202009 -0.069 111.700 -0.071
202012 0.008 111.500 0.008
202103 0.022 112.662 0.023
202106 -0.172 111.769 -0.177
202109 -0.161 112.215 -0.165
202112 0.036 113.108 0.037
202203 -0.042 114.335 -0.042
202206 -0.190 114.558 -0.191
202209 -0.146 115.339 -0.146
202212 0.085 115.116 0.085
202303 0.048 115.116 0.048
202306 0.165 114.558 0.166
202309 -0.065 115.339 -0.065
202312 0.060 114.781 0.060
202403 0.077 115.227 0.077

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.


Shanghai Fortune Techgroup Co  (SZSE:300493) 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.


Shanghai Fortune Techgroup Co Cyclically Adjusted Price-to-FCF Related Terms

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


Shanghai Fortune Techgroup Co (SZSE:300493) Business Description

Traded in Other Exchanges
N/A
Address
No. 200, Tianlin Road, 3rd Floor, Room 301, Building A2, China Fortune Properties, Xuhui District, Shanghai, CHN, 200233
Shanghai Fortune Techgroup Co Ltd is a provider of semiconductor chips and solutions for the telecommunication industry in China. The company products include wired and wireless communications, radio frequency and power amplifier type of components, sensors, and others. The company provides different solutions for smart home, smart cities, surveillance, and fingerprint identification applications.
Executives
Wang Ye Supervisors
Le Zhen Wu Independent director

Shanghai Fortune Techgroup Co (SZSE:300493) Headlines

No Headlines