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Sanan Optoelectronics Co (SHSE:600703) Cyclically Adjusted Price-to-FCF : (As of May. 14, 2024)


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What is Sanan Optoelectronics Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sanan Optoelectronics Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sanan Optoelectronics 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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Sanan Optoelectronics Co Cyclically Adjusted Price-to-FCF Chart

Sanan Optoelectronics Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Sanan Optoelectronics 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 Sanan Optoelectronics Co's Cyclically Adjusted Price-to-FCF

For the Semiconductors subindustry, Sanan Optoelectronics 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.


Sanan Optoelectronics Co's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Sanan Optoelectronics Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Sanan Optoelectronics Co's Cyclically Adjusted Price-to-FCF falls into.



Sanan Optoelectronics 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.

Sanan Optoelectronics Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Sanan Optoelectronics 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)
=0.004/114.6694*114.6694
=0.004

Current CPI (Mar. 2024) = 114.6694.

Sanan Optoelectronics Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.101 98.200 -0.118
201409 -0.033 98.900 -0.038
201412 -0.152 99.000 -0.176
201503 -0.127 99.900 -0.146
201506 -0.108 99.500 -0.124
201509 0.010 100.500 0.011
201512 0.111 100.600 0.127
201603 0.049 102.200 0.055
201606 0.044 101.400 0.050
201609 -0.013 102.400 -0.015
201612 0.076 102.600 0.085
201703 -0.009 103.200 -0.010
201706 -0.165 103.100 -0.184
201709 -0.075 104.100 -0.083
201712 0.158 104.500 0.173
201803 0.109 105.300 0.119
201806 -0.023 104.900 -0.025
201809 -0.443 106.600 -0.477
201812 -0.112 106.500 -0.121
201903 -0.167 107.700 -0.178
201906 0.040 107.700 0.043
201909 0.126 109.800 0.132
201912 -0.040 111.200 -0.041
202003 -0.134 112.300 -0.137
202006 -0.085 110.400 -0.088
202009 -0.184 111.700 -0.189
202012 -0.150 111.500 -0.154
202103 -0.250 112.662 -0.254
202106 -0.410 111.769 -0.421
202109 -0.473 112.215 -0.483
202112 -0.399 113.108 -0.405
202203 -0.313 114.335 -0.314
202206 -0.090 114.558 -0.090
202209 -0.235 115.339 -0.234
202212 -0.097 115.116 -0.097
202303 -0.095 115.116 -0.095
202306 0.066 114.558 0.066
202309 -0.050 115.339 -0.050
202312 0.513 114.669 0.513
202403 0.004 114.669 0.004

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.


Sanan Optoelectronics Co  (SHSE:600703) 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.


Sanan Optoelectronics Co Cyclically Adjusted Price-to-FCF Related Terms

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Sanan Optoelectronics Co (SHSE:600703) Business Description

Traded in Other Exchanges
N/A
Address
No.131, Dongfang Avenue, Jingzhou Development Zone, Hubei Province, Jingzhou, CHN, 361009
Sanan Optoelectronics Co Ltd is a China-based full-color ultra-high brightness LED epitaxial and chip manufacturer. It is engaged in the development, production, and sales of full-color and high brightness LED epitaxial wafers, chips, compound solar cells and high-powered condenser photovoltaic products. The products offered by the company are a sapphire substrate, an integrated circuit, solar battery, LED chip, optical communication chip and others.

Sanan Optoelectronics Co (SHSE:600703) Headlines

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