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Dhanashree Electronics (BOM:542679) Cyclically Adjusted Price-to-FCF : (As of May. 14, 2024)


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What is Dhanashree Electronics Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dhanashree Electronics Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Dhanashree Electronics'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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Dhanashree Electronics Cyclically Adjusted Price-to-FCF Chart

Dhanashree Electronics Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
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Dhanashree Electronics Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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Competitive Comparison of Dhanashree Electronics's Cyclically Adjusted Price-to-FCF

For the Electrical Equipment & Parts subindustry, Dhanashree Electronics'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.


Dhanashree Electronics's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dhanashree Electronics's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Dhanashree Electronics 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.

Dhanashree Electronics's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Dhanashree Electronics's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=-10.764/146.8646*146.8646
=-10.764

Current CPI (Mar23) = 146.8646.

Dhanashree Electronics Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.009 91.425 -0.014
201503 -7.904 97.163 -11.947
201603 -3.525 102.518 -5.050
201703 -15.124 105.196 -21.115
201803 6.033 109.786 8.071
201903 2.421 118.202 3.008
202003 6.295 124.705 7.414
202103 -2.638 131.771 -2.940
202203 1.466 138.822 1.551
202303 -10.764 146.865 -10.764

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.


Dhanashree Electronics  (BOM:542679) 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.


Dhanashree Electronics Cyclically Adjusted Price-to-FCF Related Terms

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Dhanashree Electronics (BOM:542679) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. XI-16, Sector-V, Block EP and GP, Rashmi Building, Salt Lake Electronic Complex, Salt Lake City, Kolkata, WB, IND, 700091
Dhanashree Electronics Ltd is an India-based company engaged in the manufacturing and trading of electrical goods. It is engaged in lighting manufacturing, electrical goods marketing, installation services, professional audio, recording studio, and others. The company's product portfolio includes home lighting solutions, retail, and office solutions, outdoor and industrial solutions, LED garden lights and solar light solutions, Three blades fan bulbs, Mosquito LED bulbs, and others.

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