CETC Chips Technology (SHSE:600877) Cyclically Adjusted Price-to-FCF: (As of Jun. 24, 2026)


SHSE:600877 CETC Chips Technology Inc SHSE:600877
62 GF Score
Price ¥16.20
GF Value ¥9.63
Valuation Significantly Overvalued
! 3 Warning Signs
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What is CETC Chips Technology Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


CETC Chips Technology  (SHSE:600877) 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.


CETC Chips Technology Cyclically Adjusted Price-to-FCF Related Terms


CETC Chips Technology Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for CETC Chips Technology'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.

CETC Chips Technology Cyclically Adjusted Price-to-FCF Chart

CETC Chips Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Price-to-FCF
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CETC Chips Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 0.00

SHSE:600877 vs NVDA, AVGO, MU: Cyclically Adjusted Price-to-FCF Comparison

For the Semiconductors subindustry, CETC Chips Technology'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.


CETC Chips Technology Cyclically Adjusted Price-to-FCF vs Semiconductors Industry

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

* The bar in red indicates where CETC Chips Technology's Cyclically Adjusted Price-to-FCF falls into.


SHSE:600877
62GF Score
CETC Chips Technology Inc SHSE:600877
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
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CETC Chips Technology 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.

CETC Chips Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, CETC Chips Technology's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.105/116.3033*116.3033
=-0.105

Current CPI (Mar. 2026) = 116.3033.

CETC Chips Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.099 101.400 -0.114
201609 -0.089 102.400 -0.101
201612 0.037 102.600 0.042
201703 -0.174 103.200 -0.196
201706 0.095 103.100 0.107
201709 -0.026 104.100 -0.029
201712 0.033 104.500 0.037
201803 -0.069 105.300 -0.076
201806 0.069 104.900 0.077
201809 -0.074 106.600 -0.081
201812 0.125 106.500 0.137
201903 -0.088 107.700 -0.095
201906 0.078 107.700 0.084
201909 -0.025 109.800 -0.026
201912 0.045 111.200 0.047
202003 -0.059 112.300 -0.061
202006 0.001 110.400 0.001
202009 0.076 111.700 0.079
202012 0.139 111.500 0.145
202103 -0.131 112.662 -0.135
202106 0.132 111.769 0.137
202109 -0.037 112.215 -0.038
202112 -0.040 113.108 -0.041
202203 -0.071 114.335 -0.072
202206 0.030 114.558 0.030
202209 -0.026 115.339 -0.026
202212 0.126 115.116 0.127
202303 -0.043 115.116 -0.043
202306 0.072 114.558 0.073
202309 -0.105 115.339 -0.106
202312 0.110 114.781 0.111
202403 -0.138 115.227 -0.139
202406 -0.005 114.781 -0.005
202409 -0.015 115.785 -0.015
202412 0.070 114.893 0.071
202503 -0.033 115.116 -0.033
202506 0.052 114.907 0.053
202509 0.002 115.471 0.002
202512 -0.025 115.832 -0.025
202603 -0.105 116.303 -0.105

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.

Is CETC Chips Technology (SHSE:600877) Overvalued in 2026?

Based on GuruFocus' analysis, CETC Chips Technology stock appears to be overvalued. The current stock price of ¥16.20 is trading 68.2% above its estimated GF Value™ of ¥9.63. GuruFocus considers CETC Chips Technology to be Significantly Overvalued.

Key valuation signals for SHSE:600877:

  • Cyclically Adjusted Price-to-FCF:
  • GF Value™: ¥9.63 vs. price of ¥16.20 (68.2% above fair value)
  • GF Score™: 62/100 with 3 warning signs

No single metric tells the full story. See the SHSE:600877 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CETC Chips Technology Business Description

Address No. 111, Yongjia Avenue, Biquan Street, Bishan District, Chongqing, CHN, 401331
CETC Chips Technology Inc is engaged in the design, research and development, manufacture, testing and sales of silicon-based analog semiconductor chips and their application products.
62GF Score

Get the complete analysis for SHSE:600877

Cyclically Adjusted Price-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥16.20
Price
¥9.63
GF Value