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Solartech International Holdings (HKSE:01166) Cyclically Adjusted Price-to-FCF : (As of May. 28, 2024)


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What is Solartech International Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Solartech International Holdings Cyclically Adjusted Price-to-FCF Historical Data

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

Solartech International Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
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Solartech International Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Solartech International Holdings's Cyclically Adjusted Price-to-FCF

For the Electrical Equipment & Parts subindustry, Solartech International Holdings'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.


Solartech International Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Solartech International Holdings 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.

Solartech International Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Solartech International Holdings's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.092/115.6468*115.6468
=0.092

Current CPI (Jun23) = 115.6468.

Solartech International Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -11.573 96.409 -13.882
201506 -8.869 99.267 -10.332
201606 -0.869 101.686 -0.988
201706 -0.944 103.664 -1.053
201806 -0.855 106.193 -0.931
201906 -0.945 109.601 -0.997
202006 -0.205 110.590 -0.214
202106 -0.380 111.360 -0.395
202206 -1.128 113.448 -1.150
202306 0.092 115.647 0.092

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.


Solartech International Holdings  (HKSE:01166) 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.


Solartech International Holdings Cyclically Adjusted Price-to-FCF Related Terms

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Solartech International Holdings (HKSE:01166) Business Description

Traded in Other Exchanges
Address
1 Science Museum Road, Unit 16, 12/F, Concordia Plaza, Tsim Sha Tsui, Kowloon, HKG
Solartech International Holdings Ltd is an investment holding company. Its operations are divided into three business segments: manufacture and trading of cables and wires; trading of copper rods; and investment properties. It derives most of its revenue from the cables and wires segment in the People's Republic of China and also has a presence in the Americas, Europe, Hong Kong, and Other Asian regions.

Solartech International Holdings (HKSE:01166) Headlines

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