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Computime Group (HKSE:00320) Cyclically Adjusted Price-to-FCF : 9.90 (As of Sep. 21, 2024)


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What is Computime Group Cyclically Adjusted Price-to-FCF?

As of today (2024-09-21), Computime Group's current share price is HK$0.495. Computime Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 was HK$0.05. Computime Group's Cyclically Adjusted Price-to-FCF for today is 9.90.

The historical rank and industry rank for Computime Group's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

HKSE:00320' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.4   Med: 24.25   Max: 98
Current: 9.83

During the past 13 years, Computime Group's highest Cyclically Adjusted Price-to-FCF was 98.00. The lowest was 7.40. And the median was 24.25.

HKSE:00320's Cyclically Adjusted Price-to-FCF is ranked better than
86.14% of 880 companies
in the Hardware industry
Industry Median: 30.2 vs HKSE:00320: 9.83

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Computime Group's adjusted free cash flow per share data of for the fiscal year that ended in Mar24 was HK$0.210. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is HK$0.05 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Computime Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Computime Group'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.

* Premium members only.

Computime Group Cyclically Adjusted Price-to-FCF Chart

Computime Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,729.35 12.65 - 12.85 7.05

Computime Group Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 12.85 - 7.05

Competitive Comparison of Computime Group's Cyclically Adjusted Price-to-FCF

For the Consumer Electronics subindustry, Computime Group'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.


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

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

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



Computime Group 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.

Computime Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.495/0.05
=9.90

* 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.

Computime Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Computime Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=0.21/117.7354*117.7354
=0.210

Current CPI (Mar24) = 117.7354.

Computime Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 0.097 99.927 0.114
201603 -0.092 102.785 -0.105
201703 0.288 103.335 0.328
201803 -0.031 105.973 -0.034
201903 -0.260 108.172 -0.283
202003 0.178 110.920 0.189
202103 0.284 111.579 0.300
202203 -0.381 113.558 -0.395
202303 0.177 115.427 0.181
202403 0.210 117.735 0.210

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.


Computime Group  (HKSE:00320) 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.


Computime Group Cyclically Adjusted Price-to-FCF Related Terms

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


Computime Group Business Description

Industry
Traded in Other Exchanges
N/A
Address
20 Science Park East Avenue, 6th Floor, Building 20E, Phase 3, Hong Kong Science Park, Shatin, New Territories, Hong Kong, HKG
Computime Group Ltd is engaged in research and development, design, manufacture, trading, and distribution of electronic control products. The company operates in business segments that include the Control Solutions Business provides design, engineering, technology, and manufacturing services, including Original Equipment Manufacturer (OEM) and Original Design Manufacturer; and the Branded Business segment, which offers smart home, energy management, and home solutions to professional installers, property developers, utility companies, and wholesaler. The company generates a vast majority of its revenue from the Control solutions segment. Geographically, the operations are spread throughout America, Europe, Oceania, and Asia.
Executives
Heung Lap Chi Eugene 2101 Beneficial owner
Leung Yee Li Lana 2202 Interest of your spouse
Yeoman 3-rights Value Asia Fund Vcc 2101 Beneficial owner
Lim Mee Hwa 2201 Interest of corporation controlled by you
Yeo Seng Chong 2201 Interest of corporation controlled by you
Yeoman Capital Management Pte Ltd 2201 Interest of corporation controlled by you
Auyang Ho
Tse Shuk Ming

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