/term/cyclically-adjusted-price-to-fcf/SHSE:600345 Wuhan Yangtze Communications Industry Group Co (SHSE:600345)
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Wuhan Yangtze Communications Industry Group Co (SHSE:600345) Cyclically Adjusted Price-to-FCF : (As of Jun. 20, 2024)


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What is Wuhan Yangtze Communications Industry Group Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Wuhan Yangtze Communications Industry Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Wuhan Yangtze Communications Industry 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.

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Wuhan Yangtze Communications Industry Group Co Cyclically Adjusted Price-to-FCF Chart

Wuhan Yangtze Communications Industry Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Wuhan Yangtze Communications Industry Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Wuhan Yangtze Communications Industry Group Co's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, Wuhan Yangtze Communications Industry 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.


Wuhan Yangtze Communications Industry Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

* The bar in red indicates where Wuhan Yangtze Communications Industry Group Co's Cyclically Adjusted Price-to-FCF falls into.



Wuhan Yangtze Communications Industry 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.

Wuhan Yangtze Communications Industry Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Wuhan Yangtze Communications Industry Group Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.457/115.2271*115.2271
=-0.457

Current CPI (Mar. 2024) = 115.2271.

Wuhan Yangtze Communications Industry Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.346 98.200 0.406
201409 -0.202 98.900 -0.235
201412 0.329 99.000 0.383
201503 -0.666 99.900 -0.768
201506 0.001 99.500 0.001
201509 -0.026 100.500 -0.030
201512 0.516 100.600 0.591
201603 -0.516 102.200 -0.582
201606 0.247 101.400 0.281
201609 -0.070 102.400 -0.079
201612 0.417 102.600 0.468
201703 -0.552 103.200 -0.616
201706 -0.009 103.100 -0.010
201709 0.100 104.100 0.111
201712 0.342 104.500 0.377
201803 -0.145 105.300 -0.159
201806 -0.042 104.900 -0.046
201809 0.001 106.600 0.001
201812 -0.036 106.500 -0.039
201903 -0.068 107.700 -0.073
201906 -0.101 107.700 -0.108
201909 -0.031 109.800 -0.033
201912 -0.222 111.200 -0.230
202003 -0.136 112.300 -0.140
202006 -0.038 110.400 -0.040
202009 0.080 111.700 0.083
202012 0.176 111.500 0.182
202103 -0.190 112.662 -0.194
202106 -0.049 111.769 -0.051
202109 -0.057 112.215 -0.059
202112 0.134 113.108 0.137
202203 -0.129 114.335 -0.130
202206 -0.266 114.558 -0.268
202209 -0.142 115.339 -0.142
202212 -0.305 115.116 -0.305
202303 -0.623 115.116 -0.624
202306 0.221 114.558 0.222
202309 -0.164 115.339 -0.164
202312 0.078 114.781 0.078
202403 -0.457 115.227 -0.457

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.


Wuhan Yangtze Communications Industry Group Co  (SHSE:600345) 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.


Wuhan Yangtze Communications Industry Group Co Cyclically Adjusted Price-to-FCF Related Terms

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Wuhan Yangtze Communications Industry Group Co (SHSE:600345) Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Wenhua Road, Guandong Industrial Park, Donghu Development Zone, Wuhan, Hubei, CHN, 430074
Wuhan Yangtze Communications Industry Group Co Ltd is engaged in the investment, manufacture, and sales of communications, lighting and display products. Its product includes optical transmission equipment, access network equipment, optical fiber and cable, wireless communications system and equipment, base station radiofrequency cable, digital video equipment, communication equipment precise structure product, optical memory product, and relevant software.
Executives
Li Xing Qun senior management

Wuhan Yangtze Communications Industry Group Co (SHSE:600345) Headlines

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