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Guangdong Ellington Electronics Technology Co (SHSE:603328) Cyclically Adjusted Price-to-FCF : 18.92 (As of Jun. 08, 2024)


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What is Guangdong Ellington Electronics Technology Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Guangdong Ellington Electronics Technology Co's current share price is ¥7.00. Guangdong Ellington Electronics Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.37. Guangdong Ellington Electronics Technology Co's Cyclically Adjusted Price-to-FCF for today is 18.92.

The historical rank and industry rank for Guangdong Ellington Electronics Technology Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:603328' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.05   Med: 16.97   Max: 21.03
Current: 19.49

During the past years, Guangdong Ellington Electronics Technology Co's highest Cyclically Adjusted Price-to-FCF was 21.03. The lowest was 13.05. And the median was 16.97.

SHSE:603328's Cyclically Adjusted Price-to-FCF is ranked better than
66.46% of 966 companies
in the Hardware industry
Industry Median: 30.465 vs SHSE:603328: 19.49

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.

Guangdong Ellington Electronics Technology Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.083. 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 ¥0.37 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Guangdong Ellington Electronics Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Guangdong Ellington Electronics Technology 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.

Guangdong Ellington Electronics Technology Co Cyclically Adjusted Price-to-FCF Chart

Guangdong Ellington Electronics Technology 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 - - 18.96 15.49 21.91

Guangdong Ellington Electronics Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 18.17 20.39 19.29 21.91 18.77

Competitive Comparison of Guangdong Ellington Electronics Technology Co's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, Guangdong Ellington Electronics Technology 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.


Guangdong Ellington Electronics Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Guangdong Ellington Electronics Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Guangdong Ellington Electronics Technology Co's Cyclically Adjusted Price-to-FCF falls into.



Guangdong Ellington Electronics Technology 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.

Guangdong Ellington Electronics Technology Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7.00/0.37
=18.92

* 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.

Guangdong Ellington Electronics Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Guangdong Ellington Electronics Technology 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)
=0.083/115.2271*115.2271
=0.083

Current CPI (Mar. 2024) = 115.2271.

Guangdong Ellington Electronics Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.027 98.200 0.032
201409 0.062 98.900 0.072
201412 0.058 99.000 0.068
201503 0.096 99.900 0.111
201506 -0.003 99.500 -0.003
201509 0.172 100.500 0.197
201512 0.204 100.600 0.234
201603 0.063 102.200 0.071
201606 0.059 101.400 0.067
201609 0.195 102.400 0.219
201612 0.123 102.600 0.138
201703 0.167 103.200 0.186
201706 0.040 103.100 0.045
201709 0.118 104.100 0.131
201712 0.145 104.500 0.160
201803 0.153 105.300 0.167
201806 0.034 104.900 0.037
201809 0.206 106.600 0.223
201812 0.124 106.500 0.134
201903 0.134 107.700 0.143
201906 0.188 107.700 0.201
201909 0.109 109.800 0.114
201912 0.151 111.200 0.156
202003 0.174 112.300 0.179
202006 -0.007 110.400 -0.007
202009 0.071 111.700 0.073
202012 0.066 111.500 0.068
202103 0.063 112.662 0.064
202106 -0.195 111.769 -0.201
202109 -0.039 112.215 -0.040
202112 -0.056 113.108 -0.057
202203 0.125 114.335 0.126
202206 0.022 114.558 0.022
202209 0.081 115.339 0.081
202212 0.097 115.116 0.097
202303 0.090 115.116 0.090
202306 0.112 114.558 0.113
202309 0.120 115.339 0.120
202312 0.020 114.781 0.020
202403 0.083 115.227 0.083

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.


Guangdong Ellington Electronics Technology Co  (SHSE:603328) 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.


Guangdong Ellington Electronics Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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Guangdong Ellington Electronics Technology Co (SHSE:603328) Business Description

Traded in Other Exchanges
N/A
Address
88 Gaoping Industrial Zone, Sanjiao town, Guang dong province, Zhongshan, CHN
Guangdong Ellington Electronics Technology Co Ltd is a Chinese manufacturer and seller of printed circuit board (PCB). It offers high precision and high density double-sided and multi-layered PCBs. The products of the company are used in computers and computer peripherals, consumer electronics, communications product, industrial control, automotive electronics, medical instruction, and others. The company sells its products in China, and also exports it to the other international countries.
Executives
Tang Run Guang Directors, senior managers
Liu Yu Jing senior management
Jin Ao senior management
Lin Hai senior management

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