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Jinpan International (FRA:3QN) Cyclically Adjusted Price-to-FCF : (As of May. 24, 2024)


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What is Jinpan International Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Jinpan International Cyclically Adjusted Price-to-FCF Historical Data

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

Jinpan International Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted Price-to-FCF
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Jinpan International Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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Competitive Comparison of Jinpan International's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, Jinpan International'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.


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

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

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



Jinpan International 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.

Jinpan International's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2015 is calculated as:

For example, Jinpan International's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2015 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2015 (Change)*Current CPI (Sep. 2015)
=0.526/100.5000*100.5000
=0.526

Current CPI (Sep. 2015) = 100.5000.

Jinpan International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200512 0.000 75.666 0.000
200603 0.000 76.340 0.000
200606 0.000 76.034 0.000
200609 0.000 76.413 0.000
200612 0.000 77.793 0.000
200703 -0.327 78.884 -0.417
200706 0.061 79.357 0.077
200709 -0.307 81.276 -0.380
200712 0.241 82.911 0.292
200803 -0.216 85.485 -0.254
200806 -0.443 85.058 -0.523
200809 0.049 85.057 0.058
200812 0.691 83.956 0.827
200903 -0.013 84.457 -0.015
200906 -0.608 83.615 -0.731
200909 0.951 84.369 1.133
200912 0.453 85.386 0.533
201003 0.071 86.316 0.083
201006 -0.377 85.886 -0.441
201009 -0.257 87.267 -0.296
201012 0.245 89.289 0.276
201103 -0.138 91.154 -0.152
201106 -1.420 91.612 -1.558
201109 0.476 92.711 0.516
201112 1.067 92.885 1.154
201203 -0.875 94.367 -0.932
201206 -0.150 93.495 -0.161
201209 0.112 94.482 0.119
201212 0.190 95.237 0.201
201303 -0.231 96.372 -0.241
201306 -0.622 95.984 -0.651
201309 0.192 97.332 0.198
201312 0.697 97.624 0.718
201403 -0.491 98.600 -0.500
201406 0.104 98.200 0.106
201409 0.540 98.900 0.549
201412 0.662 99.000 0.672
201503 -0.539 99.900 -0.542
201506 0.001 99.500 0.001
201509 0.526 100.500 0.526

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.


Jinpan International  (FRA:3QN) 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.


Jinpan International Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Jinpan International's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Jinpan International (FRA:3QN) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Jinpan International Ltd was incorporated in the British Virgin Islands on April 3, 1997 under the International Business Companies Act of the British Virgin Islands. The Company design, manufacture and sells electrical power control and distribution equipment that are used in commercial, industrial, and infrastructural applications. Its product lines include cast resin transformers, VPI transformers, VPI line reactors, switchgears and unit substations. Its manufactures low and medium voltage switchgear products under license from Schneider. It also manufactures switchgears, Vacuum Pressure Impregnated (VPI) reactors and transformers, and unit substations. The Company offers switchgear products for general power distribution and for specialized infrastructural and industrial applications. The two main categories of dry type transformers that currently dominate the market are cast resin and open ventilated dry type transformers. Cast resin dry type transformers are predominant in Europe, Japan, and newly developed markets in Asia, including China. Open ventilated dry type transformers are widely used in North America. The Company manufactures medium and low voltage switchgear products for the China market. They use sheet metal to manufacture switchgear enclosures, coat the enclosure, and assemble switchgears using components from brand name suppliers such as Siemens and Schneider. The Company owns the rights to the trademark 'JST,' which is registered with the Trademark Bureau of the State Administration of Industry and Commerce in China.

Jinpan International (FRA:3QN) Headlines

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