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Gohigh Networks Co (SZSE:000851) Cyclically Adjusted Price-to-FCF : (As of May. 05, 2024)


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What is Gohigh Networks Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Gohigh Networks Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Gohigh Networks 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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Gohigh Networks Co Cyclically Adjusted Price-to-FCF Chart

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

For the Communication Equipment subindustry, Gohigh Networks 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.


Gohigh Networks Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Gohigh Networks 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.

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

For example, Gohigh Networks 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)
=-0.151/114.6694*114.6694
=-0.151

Current CPI (Mar. 2024) = 114.6694.

Gohigh Networks Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.104 98.200 -0.121
201409 -0.113 98.900 -0.131
201412 0.077 99.000 0.089
201503 -0.113 99.900 -0.130
201506 -0.050 99.500 -0.058
201509 -0.022 100.500 -0.025
201512 0.610 100.600 0.695
201603 -0.739 102.200 -0.829
201606 0.142 101.400 0.161
201609 0.110 102.400 0.123
201612 0.557 102.600 0.623
201703 -0.836 103.200 -0.929
201706 -0.056 103.100 -0.062
201709 -0.146 104.100 -0.161
201712 0.887 104.500 0.973
201803 -1.107 105.300 -1.205
201806 -0.167 104.900 -0.183
201809 0.109 106.600 0.117
201812 0.537 106.500 0.578
201903 -0.635 107.700 -0.676
201906 -0.219 107.700 -0.233
201909 0.028 109.800 0.029
201912 -0.129 111.200 -0.133
202003 -0.346 112.300 -0.353
202006 -0.126 110.400 -0.131
202009 -0.008 111.700 -0.008
202012 0.021 111.500 0.022
202103 -0.238 112.662 -0.242
202106 -0.243 111.769 -0.249
202109 0.058 112.215 0.059
202112 0.383 113.108 0.388
202203 -0.534 114.335 -0.536
202206 -0.260 114.558 -0.260
202209 -0.018 115.339 -0.018
202212 0.683 115.116 0.680
202303 -0.599 115.116 -0.597
202306 -0.222 114.558 -0.222
202309 -0.124 115.339 -0.123
202312 0.056 114.669 0.056
202403 -0.151 114.669 -0.151

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.


Gohigh Networks Co  (SZSE:000851) 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.


Gohigh Networks Co Cyclically Adjusted Price-to-FCF Related Terms

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Gohigh Networks Co (SZSE:000851) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Gui'an Comprehensive Bonded Zone, No. 610-210, 6th Floor, Building B, E-Commerce Science and Technology Park, New District, Guizhou Province, Gui'an, CHN, 100083
Gohigh Networks Co Ltd is a China-based company engaged in the manufacture of communication equipment.

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