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Shanghai Optech Science and Technology Co (BJSE:836414) Cyclically Adjusted Price-to-FCF : (As of Jun. 25, 2024)


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What is Shanghai Optech Science and Technology Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Optech Science and Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shanghai Optech Science and Technology 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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Shanghai Optech Science and Technology Co Cyclically Adjusted Price-to-FCF Chart

Shanghai Optech Science and Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Shanghai Optech Science and Technology Co Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Shanghai Optech Science and Technology Co's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Shanghai Optech Science and 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.


Shanghai Optech Science and Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Optech Science and Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shanghai Optech Science and Technology Co's Cyclically Adjusted Price-to-FCF falls into.



Shanghai Optech Science and Technology 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 Optech Science and Technology Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Shanghai Optech Science and Technology 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)
=-0.527/114.7809*114.7809
=-0.527

Current CPI (Dec23) = 114.7809.

Shanghai Optech Science and Technology Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.052 99.000 -0.060
201512 -0.159 100.600 -0.181
201612 -0.239 102.600 -0.267
201712 0.073 104.500 0.080
201812 -0.027 106.500 -0.029
201912 -0.130 111.200 -0.134
202012 -0.063 111.500 -0.065
202112 -0.317 113.108 -0.322
202212 -0.237 115.116 -0.236
202312 -0.527 114.781 -0.527

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 Optech Science and Technology Co  (BJSE:836414) 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 Optech Science and Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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Shanghai Optech Science and Technology Co (BJSE:836414) Business Description

Traded in Other Exchanges
N/A
Address
Lane 879, Zhongjiang Road, Room 402, Building 12, Putuo District, Shanghai, CHN, 200333
Shanghai Optech Science and Technology Co Ltd focused on the technology and product development of automatic detection equipment and automatic production equipment in the photovoltaic industry. It engages in designing photovoltaic detection solutions and the development, production, and sales of supporting equipment and software. It offers Component EL/appearance -AI automatic sorting system, String inspection EL/appearance AI automatic sorting system, Automatic battery sorting system, Final inspection appearance-AI automatic sorting system, Component repair query system, String inspection repair query system, Dual station battery string repair system, Photovoltaic power station UAV automatic operation and maintenance system.

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