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Lenovo Group (Lenovo Group) Cyclically Adjusted Price-to-FCF : 17.28 (As of Apr. 28, 2024)


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What is Lenovo Group Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Lenovo Group's current share price is $22.98. Lenovo Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.33. Lenovo Group's Cyclically Adjusted Price-to-FCF for today is 17.28.

The historical rank and industry rank for Lenovo Group's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

LNVGY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.34   Med: 13.18   Max: 23.82
Current: 17.26

During the past years, Lenovo Group's highest Cyclically Adjusted Price-to-FCF was 23.82. The lowest was 8.34. And the median was 13.18.

LNVGY's Cyclically Adjusted Price-to-FCF is not ranked
in the Hardware industry.
Industry Median: 27.98 vs LNVGY: 17.26

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Lenovo Group's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.013. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $1.33 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lenovo Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Lenovo Group'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.

Lenovo Group Cyclically Adjusted Price-to-FCF Chart

Lenovo Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.16 9.58 21.76 17.23 14.79

Lenovo Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 12.44 14.79 14.04 13.27 20.87

Competitive Comparison of Lenovo Group's Cyclically Adjusted Price-to-FCF

For the Computer Hardware subindustry, Lenovo Group'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.


Lenovo Group's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

* The bar in red indicates where Lenovo Group's Cyclically Adjusted Price-to-FCF falls into.



Lenovo Group 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.

Lenovo Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=22.98/1.33
=17.28

* 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.

Lenovo Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Lenovo Group's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.013/117.2957*117.2957
=0.013

Current CPI (Dec. 2023) = 117.2957.

Lenovo Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.895 95.749 1.096
201406 0.137 96.409 0.167
201409 0.042 97.948 0.050
201412 0.983 99.707 1.156
201503 -2.464 99.927 -2.892
201506 -0.825 99.267 -0.975
201509 1.279 99.927 1.501
201512 0.343 102.015 0.394
201603 -1.937 102.785 -2.210
201606 -0.192 101.686 -0.221
201609 2.539 102.565 2.904
201612 0.298 103.225 0.339
201703 -0.262 103.335 -0.297
201706 -1.362 103.664 -1.541
201709 0.346 103.994 0.390
201712 0.109 104.984 0.122
201803 -1.576 105.973 -1.744
201806 0.341 106.193 0.377
201809 -0.124 106.852 -0.136
201812 2.230 107.622 2.430
201903 -1.153 108.172 -1.250
201906 -0.621 109.601 -0.665
201909 1.801 110.260 1.916
201912 0.484 110.700 0.513
202003 0.283 110.920 0.299
202006 0.239 110.590 0.253
202009 0.901 107.512 0.983
202012 2.688 109.711 2.874
202103 0.457 111.579 0.480
202106 0.250 111.360 0.263
202109 1.953 109.051 2.101
202112 0.372 112.349 0.388
202203 1.720 113.558 1.777
202206 0.019 113.448 0.020
202209 2.597 113.778 2.677
202212 -0.552 114.548 -0.565
202303 -0.206 115.427 -0.209
202306 0.488 115.647 0.495
202309 0.166 116.087 0.168
202312 0.013 117.296 0.013

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.


Lenovo Group  (OTCPK:LNVGY) 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.


Lenovo Group Cyclically Adjusted Price-to-FCF Related Terms

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


Lenovo Group (Lenovo Group) Business Description

Industry
Traded in Other Exchanges
Address
979 King's Road, 23rd Floor, Lincoln House, Taikoo Place, Quarry Bay, Hong Kong, HKG
Lenovo is a global technology hardware company with a leading market share in personal computers. Its operations are divided into three main business segments: PC and smart devices, mobile, and data center, which we expect to account for 55%, 11%, and 19% of sales in the midterm, respectively. The firm has been actively growing its data center business, which primarily sells network servers to enterprise and hyperscale customers, as well as storage equipment through its mainland China joint venture with NetApp. Server-related revenue contribution has jumped to 16% of overall sales in fiscal 2022, from 6% in 2015.