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Beijing Zhongkehaixun Digital S&T Co (SZSE:300810) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is Beijing Zhongkehaixun Digital S&T Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Beijing Zhongkehaixun Digital S&T Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Beijing Zhongkehaixun Digital S&T 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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Beijing Zhongkehaixun Digital S&T Co Cyclically Adjusted Price-to-FCF Chart

Beijing Zhongkehaixun Digital S&T Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Beijing Zhongkehaixun Digital S&T 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 Beijing Zhongkehaixun Digital S&T Co's Cyclically Adjusted Price-to-FCF

For the Information Technology Services subindustry, Beijing Zhongkehaixun Digital S&T 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.


Beijing Zhongkehaixun Digital S&T Co's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Beijing Zhongkehaixun Digital S&T Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Beijing Zhongkehaixun Digital S&T Co's Cyclically Adjusted Price-to-FCF falls into.



Beijing Zhongkehaixun Digital S&T 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.

Beijing Zhongkehaixun Digital S&T Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Beijing Zhongkehaixun Digital S&T Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.76/114.7809*114.7809
=-0.760

Current CPI (Dec23) = 114.7809.

Beijing Zhongkehaixun Digital S&T Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.451 99.000 -0.523
201512 -0.229 100.600 -0.261
201612 -0.494 102.600 -0.553
201712 0.459 104.500 0.504
201812 0.331 106.500 0.357
201912 0.023 111.200 0.024
202012 -0.873 111.500 -0.899
202112 -0.873 113.108 -0.886
202212 -0.901 115.116 -0.898
202312 -0.760 114.781 -0.760

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.


Beijing Zhongkehaixun Digital S&T Co  (SZSE:300810) 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.


Beijing Zhongkehaixun Digital S&T Co Cyclically Adjusted Price-to-FCF Related Terms

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Beijing Zhongkehaixun Digital S&T Co (SZSE:300810) Business Description

Traded in Other Exchanges
N/A
Address
Room 409, Building 15, No. 9 Dijin Road, Haidian District, Beijing, CHN
Website
Beijing Zhongkehaixun Digital S&T Co Ltd is engaged in provision of technology development, technology promotion, technology transfer, technical consultation, technical services; data processing; software development; basic software services; and application software services. The company also engages in production of computer hardware and software, electronic products; computer system integration; and sales of computers.
Executives
Xu Jiang Executives

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