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China Information Technology, Inc. (NAS:CNIT)
Price-to-Free-Cash-Flow Ratio
0.00 (As of Today)

As of today, China Information Technology, Inc.'s share price is $5.23. China Information Technology, Inc.'s Free Cash Flow per Share for the trailing twelve months (TTM) ended in Jun. 2013 was $-1.06. Hence, China Information Technology, Inc.'s Price-to-Free-Cash-Flow Ratio for today is 0.00.

CNIT' s 10-Year Price-to-Free-Cash-Flow ratio Range
Min: 0   Max: 0
Current: 0

CNIT's Price-to-Free-Cash-Flow ratiois ranked lower than
146% of the 874 Companies
in the Global Information Technology Services industry.

( Industry Median: 19.50 vs. CNIT: 0.00 )

China Information Technology, Inc.'s Free Cash Flow per Share for the three months ended in Jun. 2013 was $-0.57. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in Jun. 2013 was $-1.06.


Definition

China Information Technology, Inc.'s Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/Free Cash Flow per Share (TTM)
=5.23/-1.06
=

China Information Technology, Inc.'s Share Price of today is $5.23.
China Information Technology, Inc.'s Free Cash Flow per Share for the trailing twelve months (TTM) ended in Jun. 2013 was -0.55 (Jun. 2012 ) + 0.05 (Sep. 2012 ) + 0.01 (Dec. 2012 ) + -0.57 (Jun. 2013 ) = $-1.06.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management’s decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Related Terms

Free Cash Flow, Free Cash Flow per Share, P/S Ratio, P/B Ratio, P/E Ratio


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

China Information Technology, Inc. Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12
pfcf 0.000.000.001,100.000.000.000.000.000.000.00

China Information Technology, Inc. Quarterly Data

Dec10Mar11Jun11Sep11Dec11Mar12Jun12Sep12Dec12Jun13
pfcf 0.0013.1732.0018.400.000.000.000.000.0041.17
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