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Shenzhen Txd Technology Co (SZSE:002845) Cyclically Adjusted FCF per Share : ¥-0.11 (As of Sep. 2024)


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What is Shenzhen Txd Technology Co Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Shenzhen Txd Technology Co's adjusted free cash flow per share for the three months ended in Sep. 2024 was ¥-0.492. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is ¥-0.11 for the trailing ten years ended in Sep. 2024.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-10-31), Shenzhen Txd Technology Co's current stock price is ¥15.99. Shenzhen Txd Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was ¥-0.11. Shenzhen Txd Technology Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Shenzhen Txd Technology Co was 548.67. The lowest was 140.00. And the median was 387.00.


Shenzhen Txd Technology Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Shenzhen Txd Technology Co's Cyclically Adjusted FCF per Share 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.

Shenzhen Txd Technology Co Cyclically Adjusted FCF per Share Chart

Shenzhen Txd Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
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Shenzhen Txd Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cyclically Adjusted FCF per Share 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 - - -0.07 -0.06 -0.11

Competitive Comparison of Shenzhen Txd Technology Co's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, Shenzhen Txd 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.


Shenzhen Txd Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Shenzhen Txd Technology Co Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Shenzhen Txd Technology Co's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.492/115.7848*115.7848
=-0.492

Current CPI (Sep. 2024) = 115.7848.

Shenzhen Txd Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.000 97.624 0.000
201403 0.017 98.600 0.020
201412 0.000 99.000 0.000
201509 0.000 100.500 0.000
201512 0.000 100.600 0.000
201603 -0.335 102.200 -0.380
201606 0.274 101.400 0.313
201609 -0.985 102.400 -1.114
201612 -0.070 102.600 -0.079
201703 -1.681 103.200 -1.886
201706 -0.142 103.100 -0.159
201709 0.414 104.100 0.460
201712 0.054 104.500 0.060
201803 -0.786 105.300 -0.864
201806 0.056 104.900 0.062
201809 0.062 106.600 0.067
201812 0.966 106.500 1.050
201903 -0.545 107.700 -0.586
201906 -0.481 107.700 -0.517
201909 0.045 109.800 0.047
201912 0.840 111.200 0.875
202003 -1.082 112.300 -1.116
202006 -1.219 110.400 -1.278
202009 0.157 111.700 0.163
202012 0.479 111.500 0.497
202103 0.315 112.662 0.324
202106 0.715 111.769 0.741
202109 -0.908 112.215 -0.937
202112 1.905 113.108 1.950
202203 -0.493 114.335 -0.499
202206 0.472 114.558 0.477
202209 0.377 115.339 0.378
202212 1.196 115.116 1.203
202303 -1.769 115.116 -1.779
202306 1.212 114.558 1.225
202309 -0.666 115.339 -0.669
202312 0.859 114.781 0.867
202403 0.444 115.227 0.446
202406 0.116 114.781 0.117
202409 -0.492 115.785 -0.492

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Shenzhen Txd Technology Co  (SZSE:002845) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Shenzhen Txd Technology Co was 548.67. The lowest was 140.00. And the median was 387.00.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Shenzhen Txd Technology Co Cyclically Adjusted FCF per Share Related Terms

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Shenzhen Txd Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No.2 of Zhijie Building, Guanguang Road, Room 13-16 Floor, Longhua District, Shenzhen, CHN, 518109
Shenzhen Txd Technology Co Ltd is an electronic manufacturing company. It designs, produces and sells TFT liquid crystal displays (LCD) module, touch display integrated module (On-cell, In-cell), AMOLED, comprehensive screen and other products. The products offered by the company have application in mobile phones, tablets, digital cameras, Medical equipment display, instrumentation, vehicle display and other fields. Its products are sold in China and other countries.
Executives
Long Xiao Yan Directors, executives
Zhang Zhi Gang Supervisors
Zhu Yan Independent director
Wan Feng Directors, executives
Chen Xiao Jun Supervisors

Shenzhen Txd Technology Co Headlines

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