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LifeTech Scientific (HKSE:01302) Cyclically Adjusted Price-to-FCF : 162.00 (As of Jun. 10, 2024)


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What is LifeTech Scientific Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), LifeTech Scientific's current share price is HK$1.62. LifeTech Scientific's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was HK$0.01. LifeTech Scientific's Cyclically Adjusted Price-to-FCF for today is 162.00.

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

HKSE:01302' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 121.77   Med: 273.5   Max: 548
Current: 121.77

During the past 13 years, LifeTech Scientific's highest Cyclically Adjusted Price-to-FCF was 548.00. The lowest was 121.77. And the median was 273.50.

HKSE:01302's Cyclically Adjusted Price-to-FCF is ranked worse than
88.19% of 237 companies
in the Medical Devices & Instruments industry
Industry Median: 42.66 vs HKSE:01302: 121.77

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.

LifeTech Scientific's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was HK$0.031. 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$0.01 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


LifeTech Scientific Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for LifeTech Scientific'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.

LifeTech Scientific Cyclically Adjusted Price-to-FCF Chart

LifeTech Scientific Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 440.97 821.65 445.48 288.71 176.64

LifeTech Scientific Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 445.48 - 288.71 - 176.64

Competitive Comparison of LifeTech Scientific's Cyclically Adjusted Price-to-FCF

For the Medical Devices subindustry, LifeTech Scientific'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.


LifeTech Scientific's Cyclically Adjusted Price-to-FCF Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, LifeTech Scientific's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



LifeTech Scientific 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.

LifeTech Scientific's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.62/0.01
=162.00

* 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.

LifeTech Scientific's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, LifeTech Scientific's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.031/114.7809*114.7809
=0.031

Current CPI (Dec23) = 114.7809.

LifeTech Scientific Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.011 99.000 -0.013
201512 -0.029 100.600 -0.033
201612 0.005 102.600 0.006
201712 0.001 104.500 0.001
201812 0.018 106.500 0.019
201912 0.031 111.200 0.032
202012 0.049 111.500 0.050
202112 0.026 113.108 0.026
202212 0.013 115.116 0.013
202312 0.031 114.781 0.031

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.


LifeTech Scientific  (HKSE:01302) 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.


LifeTech Scientific Cyclically Adjusted Price-to-FCF Related Terms

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


LifeTech Scientific (HKSE:01302) Business Description

Traded in Other Exchanges
Address
No. 22, Keji 12th Road South, LifeTech Scientific Building, High-tech Industrial Park, Nanshan District, Shenzhen, CHN, 518063
LifeTech Scientific Corp develops and manufactures minimally invasive medical devices for cardiovascular and vascular diseases. The firm operates in three areas: Structural heart diseases business; Peripheral vascular diseases business and Cardiac pacing and electrophysiology business. It generates maximum revenue from the Peripheral vascular diseases business segment. Geographically, it derives a majority of revenue from China.
Executives
Xie Yuehui 2201 Interest of corporation controlled by you
Xianjian Advanced Technology Limited 2101 Beneficial owner
Hhlr Advisors, Ltd. 2102 Investment manager
Bank Of Communications Trustee Limited 2301 Trustee
Xie Yuehui 2201 Interest of corporation controlled by you
Hhlr Fund, L.p. 2101 Beneficial owner
Hillhouse Capital Advisors, Ltd. 2102 Investment manager
Gaoling Fund, L.p. 2101 Beneficial owner

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