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Dionics (Dionics) Cyclically Adjusted Price-to-FCF : (As of Jun. 19, 2024)


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What is Dionics Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dionics Cyclically Adjusted Price-to-FCF Historical Data

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

Dionics Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Cyclically Adjusted Price-to-FCF
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Dionics Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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Competitive Comparison of Dionics's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, Dionics'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.


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

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

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



Dionics 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.

Dionics's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2012 is calculated as:

For example, Dionics's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2012 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2012 (Change)*Current CPI (Sep. 2012)
=-0.003/94.4821*94.4821
=-0.003

Current CPI (Sep. 2012) = 94.4821.

Dionics Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200212 -0.026 70.546 -0.035
200303 0.040 71.532 0.053
200306 -0.075 70.039 -0.101
200309 0.077 71.018 0.102
200312 -0.084 72.808 -0.109
200403 0.017 73.682 0.022
200406 -0.009 73.459 -0.012
200409 -0.013 74.637 -0.016
200412 -0.009 74.488 -0.011
200503 -0.007 75.597 -0.009
200506 -0.002 74.618 -0.003
200509 -0.031 75.290 -0.039
200512 -0.005 75.666 -0.006
200603 0.001 76.340 0.001
200606 0.002 76.034 0.002
200609 0.001 76.413 0.001
200612 0.000 77.793 0.000
200703 0.002 78.884 0.002
200706 0.003 79.357 0.004
200709 0.005 81.276 0.006
200712 0.002 82.911 0.002
200803 0.004 85.485 0.004
200806 0.004 85.058 0.004
200809 -0.001 85.057 -0.001
200812 0.010 83.956 0.011
200903 -0.009 84.457 -0.010
200906 -0.008 83.615 -0.009
200909 -0.006 84.369 -0.007
200912 -0.005 85.386 -0.006
201003 -0.001 86.316 -0.001
201006 -0.004 85.886 -0.004
201009 -0.009 87.267 -0.010
201012 -0.005 89.289 -0.005
201103 -0.003 91.154 -0.003
201106 0.011 91.612 0.011
201109 0.017 92.711 0.017
201112 -0.573 92.885 -0.583
201203 -0.005 94.367 -0.005
201206 0.017 93.495 0.017
201209 -0.003 94.482 -0.003

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.


Dionics  (OTCPK:DION) 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.


Dionics Cyclically Adjusted Price-to-FCF Related Terms

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Dionics (Dionics) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Dionics Inc (OTCPK:DION) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
N/A
Address
96-B Urban Avenue, Westbury, New York, NY, USA, 11590
Dionics Inc is engaged in the design and manufacturing of Photovoltaic (PV) optically-isolated driver. The company offers Optoelectronic and Photovoltaic Components, Integrated Circuits, Semiconductor Devices, Lighting Devices, and Dual High-Current Photovoltaic Power Source. It distributes its products to the domestic and overseas market.
Executives
Rui Mai 10 percent owner NUMBER 01 COMMERCIAL ST, KUNTAI INT CTR CHAOWAI ROAD, CHAOYANG DISTRICT BEIJING F4 100020
Sage Explorer Holding Ltd 10 percent owner NUMBER 01 COMMERCIAL ST, KUNTAI INT CTR CHAOWAI ROAD, CHAOYANG DISTRICT BEIJING F4 100020
Roy Teng director 570 LEXINGTON AVENUE NEW YORK NY 10022
David M Kaye director 639 KNOLLWOOD TERRACE, WESTFIELD NJ 07090

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