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Sunny Optical Technology (Group) Co (LTS:0Z4I) Cyclically Adjusted Price-to-FCF : 22.82 (As of May. 21, 2024)


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What is Sunny Optical Technology (Group) Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), Sunny Optical Technology (Group) Co's current share price is HK$44.05. Sunny Optical Technology (Group) Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was HK$1.93. Sunny Optical Technology (Group) Co's Cyclically Adjusted Price-to-FCF for today is 22.82.

The historical rank and industry rank for Sunny Optical Technology (Group) Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

LTS:0Z4I' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.38   Med: 218.65   Max: 754.74
Current: 22.75

During the past 13 years, Sunny Optical Technology (Group) Co's highest Cyclically Adjusted Price-to-FCF was 754.74. The lowest was 18.38. And the median was 218.65.

LTS:0Z4I's Cyclically Adjusted Price-to-FCF is ranked better than
60.33% of 958 companies
in the Hardware industry
Industry Median: 29.805 vs LTS:0Z4I: 22.75

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.

Sunny Optical Technology (Group) Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was HK$0.177. 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$1.93 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sunny Optical Technology (Group) Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sunny Optical Technology (Group) Co'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.

Sunny Optical Technology (Group) Co Cyclically Adjusted Price-to-FCF Chart

Sunny Optical Technology (Group) Co 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 255.01 171.14 163.11 46.88 36.51

Sunny Optical Technology (Group) Co 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 163.11 - 46.88 - 36.51

Competitive Comparison of Sunny Optical Technology (Group) Co's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, Sunny Optical Technology (Group) Co'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.


Sunny Optical Technology (Group) Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

* The bar in red indicates where Sunny Optical Technology (Group) Co's Cyclically Adjusted Price-to-FCF falls into.



Sunny Optical Technology (Group) Co 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.

Sunny Optical Technology (Group) Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=44.05/1.93
=22.82

* 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.

Sunny Optical Technology (Group) Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Sunny Optical Technology (Group) Co'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)
=0.177/114.7809*114.7809
=0.177

Current CPI (Dec23) = 114.7809.

Sunny Optical Technology (Group) Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.656 99.000 -0.761
201512 1.431 100.600 1.633
201612 0.662 102.600 0.741
201712 0.728 104.500 0.800
201812 0.985 106.500 1.062
201912 1.517 111.200 1.566
202012 4.724 111.500 4.863
202112 4.913 113.108 4.986
202212 4.353 115.116 4.340
202312 0.177 114.781 0.177

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.


Sunny Optical Technology (Group) Co  (LTS:0Z4I) 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.


Sunny Optical Technology (Group) Co Cyclically Adjusted Price-to-FCF Related Terms

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


Sunny Optical Technology (Group) Co (LTS:0Z4I) Business Description

Traded in Other Exchanges
Address
No. 66-68, Fengle Road, Zhejiang Province, Yuyao, CHN, 315400
Headquartered in Yuyao, China, Sunny Optical is China's biggest handset camera modules maker and the world's largest handset lens sets manufacturer. Higher-margin lens sets are used on smartphones, vehicles, and augmented/virtual reality. Sunny Optical is a key beneficiary of the secular growth of mobile and vehicle camera demand, as smartphone manufacturers seek differentiated camera features and advanced driver-assistance systems witness rising adoption among automakers. The firm also manufactures optical instruments, such as high-end microscopes and optical measuring instruments. The company employed over 26,610 people as of December 2022.

Sunny Optical Technology (Group) Co (LTS:0Z4I) Headlines

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