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Freetech Road Recycling Technology (Holdings) (HKSE:06888) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Freetech Road Recycling Technology (Holdings) Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Freetech Road Recycling Technology (Holdings) Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Freetech Road Recycling Technology (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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Freetech Road Recycling Technology (Holdings) Cyclically Adjusted Price-to-FCF Chart

Freetech Road Recycling Technology (Holdings) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Freetech Road Recycling Technology (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 Freetech Road Recycling Technology (Holdings)'s Cyclically Adjusted Price-to-FCF

For the Infrastructure Operations subindustry, Freetech Road Recycling Technology (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.


Freetech Road Recycling Technology (Holdings)'s Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Freetech Road Recycling Technology (Holdings)'s Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Freetech Road Recycling Technology (Holdings)'s Cyclically Adjusted Price-to-FCF falls into.



Freetech Road Recycling Technology (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.

Freetech Road Recycling Technology (Holdings)'s Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Freetech Road Recycling Technology (Holdings)'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)
=-0.035/117.2957*117.2957
=-0.035

Current CPI (Dec23) = 117.2957.

Freetech Road Recycling Technology (Holdings) Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.091 99.707 -0.107
201512 0.046 102.015 0.053
201612 -0.183 103.225 -0.208
201712 0.022 104.984 0.025
201812 -0.039 107.622 -0.043
201912 0.080 110.700 0.085
202012 0.036 109.711 0.038
202112 0.034 112.349 0.035
202212 -0.006 114.548 -0.006
202312 -0.035 117.296 -0.035

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.


Freetech Road Recycling Technology (Holdings)  (HKSE:06888) 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.


Freetech Road Recycling Technology (Holdings) Cyclically Adjusted Price-to-FCF Related Terms

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Freetech Road Recycling Technology (Holdings) (HKSE:06888) Business Description

Traded in Other Exchanges
N/A
Address
178 Gloucester Road, 29th Floor, Chinachem Century Tower, Wanchai, Hong Kong, HKG
Freetech Road Recycling Technology (Holdings) Ltd is an investment holding company engaged in the manufacturing and sale of road maintenance equipment and provision of road maintenance services in the People's Republic of China (the PRC). The operating segments of the group are APM service segment, where it provides APM services under the registered trademark (Road Doctor) to repair damaged asphalt pavement surfaces, and the APM equipment segment, where it manufactures and sells a wide range of APM equipment. It derives the majority of its revenue from APM Services. It has a business presence in Mainland China and other overseas markets.
Executives
Bank Of Communications Trustee Limited 2301 Trustee
Sze Wai Pan 2101 Beneficial owner
Freetech Technology Limited 2201 Interest of corporation controlled by you

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