GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » TVZone Media Co Ltd (SHSE:603721) » Definitions » Cyclically Adjusted Price-to-FCF

TVZone Media Co (SHSE:603721) Cyclically Adjusted Price-to-FCF : (As of Jun. 07, 2025)


View and export this data going back to 2017. Start your Free Trial

What is TVZone Media Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


TVZone Media Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for TVZone Media 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.

TVZone Media Co Cyclically Adjusted Price-to-FCF Chart

TVZone Media Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

TVZone Media Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - - -

Competitive Comparison of TVZone Media Co's Cyclically Adjusted Price-to-FCF

For the Broadcasting subindustry, TVZone Media 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.


TVZone Media Co's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, TVZone Media Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


;
;

TVZone Media 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.

TVZone Media Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec24 is calculated as:

For example, TVZone Media Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=-0.138/114.8925*114.8925
=-0.138

Current CPI (Dec24) = 114.8925.

TVZone Media Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201512 -0.132 100.600 -0.151
201612 -0.075 102.600 -0.084
201712 0.606 104.500 0.666
201812 -0.423 106.500 -0.456
201912 -0.379 111.200 -0.392
202012 -0.889 111.500 -0.916
202112 -0.100 113.108 -0.102
202212 -0.343 115.116 -0.342
202312 0.093 114.781 0.093
202412 -0.138 114.893 -0.138

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.


TVZone Media Co  (SHSE:603721) 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.


TVZone Media Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of TVZone Media Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


TVZone Media Co Business Description

Traded in Other Exchanges
N/A
Address
No. 188, Furong Middle Road, New Century Sports Culture Center Tennis Club 101, Tianxin District, Hunan Province, Changsha, CHN, 410005
TVZone Media Co Ltd is a state-owned cultural enterprise absolutely controlled by Changsha Broadcasting and Television Group. The company's main business is TV, internet, and mobile internet video. It is also engaged in the production, distribution, and marketing of such content; the operation of television drama rights.

TVZone Media Co Headlines

No Headlines