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Global-Tech Advanced Innovations (Global-Tech Advanced Innovations) Cyclically Adjusted Price-to-FCF : (As of May. 05, 2024)


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What is Global-Tech Advanced Innovations Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Global-Tech Advanced Innovations Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Global-Tech Advanced Innovations'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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Global-Tech Advanced Innovations Cyclically Adjusted Price-to-FCF Chart

Global-Tech Advanced Innovations Annual Data
Trend Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Cyclically Adjusted Price-to-FCF
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Global-Tech Advanced Innovations Semi-Annual Data
Mar05 Sep05 Mar06 Sep06 Mar07 Sep07 Mar08 Mar09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15
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Competitive Comparison of Global-Tech Advanced Innovations's Cyclically Adjusted Price-to-FCF

For the Semiconductor Equipment & Materials subindustry, Global-Tech Advanced Innovations'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.


Global-Tech Advanced Innovations's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Global-Tech Advanced Innovations's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Global-Tech Advanced Innovations's Cyclically Adjusted Price-to-FCF falls into.



Global-Tech Advanced Innovations 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.

Global-Tech Advanced Innovations's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar15 is calculated as:

For example, Global-Tech Advanced Innovations's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar15 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar15 (Change)*Current CPI (Mar15)
=-0.527/99.9267*99.9267
=-0.527

Current CPI (Mar15) = 99.9267.

Global-Tech Advanced Innovations Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200603 -0.710 73.653 -0.963
200703 0.301 75.412 0.399
200803 -3.925 78.600 -4.990
200903 1.545 79.480 1.942
201003 0.986 81.239 1.213
201103 -4.761 84.756 -5.613
201203 4.220 88.934 4.742
201303 0.951 92.122 1.032
201403 -3.836 95.749 -4.003
201503 -0.527 99.927 -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.


Global-Tech Advanced Innovations  (NAS:GAI) 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.


Global-Tech Advanced Innovations Cyclically Adjusted Price-to-FCF Related Terms

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Global-Tech Advanced Innovations (Global-Tech Advanced Innovations) Business Description

Traded in Other Exchanges
N/A
Address
Global-Tech Advanced Innovations Inc was organized as an international business company under the laws of the British Virgin Islands on May 2, 1991 and became a publicly traded entity on April 7, 1998. The Company was an exporter of small electrical appliances to North American and European markets. The Company produces complementary metal oxide semiconductor camera modules for sale to cellular phone manufacturers. The Company also comprises immaterial product lines and development programs. It continues to acquire new technologies in an effort to expand its capabilities in manufacturing finished products and components. Its patents are registered in various jurisdictions, including the United States, the United Kingdom, China and France. It competes with established companies in Hong Kong and China, a number of which have substantially greater technical, financial and marketing resources. Competition for contract manufacturing products is based on unit price, product quality and availability and service. Its operations and assets in China are subject to significant political, economic, legal and other uncertainties.

Global-Tech Advanced Innovations (Global-Tech Advanced Innovations) Headlines

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