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Han's Laser Technology Industry Group Co (SZSE:002008) Cyclically Adjusted Price-to-FCF : 60.29 (As of Sep. 21, 2024)


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What is Han's Laser Technology Industry Group Co Cyclically Adjusted Price-to-FCF?

As of today (2024-09-21), Han's Laser Technology Industry Group Co's current share price is ¥18.69. Han's Laser Technology Industry Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was ¥0.31. Han's Laser Technology Industry Group Co's Cyclically Adjusted Price-to-FCF for today is 60.29.

The historical rank and industry rank for Han's Laser Technology Industry Group Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SZSE:002008' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 41.32   Med: 102.81   Max: 1815
Current: 58.84

During the past years, Han's Laser Technology Industry Group Co's highest Cyclically Adjusted Price-to-FCF was 1815.00. The lowest was 41.32. And the median was 102.81.

SZSE:002008's Cyclically Adjusted Price-to-FCF is ranked worse than
71.71% of 958 companies
in the Industrial Products industry
Industry Median: 30.38 vs SZSE:002008: 58.84

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.

Han's Laser Technology Industry Group Co's adjusted free cash flow per share data for the three months ended in Jun. 2024 was ¥-0.343. 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 ¥0.31 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Han's Laser Technology Industry Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Han's Laser Technology Industry Group 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.

Han's Laser Technology Industry Group Co Cyclically Adjusted Price-to-FCF Chart

Han's Laser Technology Industry Group 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 137.74 104.05 111.41 57.85 54.53

Han's Laser Technology Industry Group Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 68.97 65.61 54.53 54.98 67.09

Competitive Comparison of Han's Laser Technology Industry Group Co's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Han's Laser Technology Industry Group 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.


Han's Laser Technology Industry Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Han's Laser Technology Industry Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Han's Laser Technology Industry Group Co's Cyclically Adjusted Price-to-FCF falls into.



Han's Laser Technology Industry Group 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.

Han's Laser Technology Industry Group Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=18.69/0.31
=60.29

* 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.

Han's Laser Technology Industry Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Han's Laser Technology Industry Group Co's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-0.343/114.7809*114.7809
=-0.343

Current CPI (Jun. 2024) = 114.7809.

Han's Laser Technology Industry Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 -0.026 98.900 -0.030
201412 0.872 99.000 1.011
201503 -0.043 99.900 -0.049
201506 -0.155 99.500 -0.179
201509 0.287 100.500 0.328
201512 0.121 100.600 0.138
201603 -0.291 102.200 -0.327
201606 0.079 101.400 0.089
201609 -0.150 102.400 -0.168
201612 0.453 102.600 0.507
201703 -0.599 103.200 -0.666
201706 -0.138 103.100 -0.154
201709 0.331 104.100 0.365
201712 1.325 104.500 1.455
201803 -0.317 105.300 -0.346
201806 -0.142 104.900 -0.155
201809 -0.950 106.600 -1.023
201812 1.187 106.500 1.279
201903 -0.401 107.700 -0.427
201906 0.186 107.700 0.198
201909 0.539 109.800 0.563
201912 0.535 111.200 0.552
202003 -0.423 112.300 -0.432
202006 0.141 110.400 0.147
202009 0.200 111.700 0.206
202012 1.013 111.500 1.043
202103 -0.155 112.662 -0.158
202106 0.049 111.769 0.050
202109 -0.111 112.215 -0.114
202112 0.735 113.108 0.746
202203 -1.020 114.335 -1.024
202206 0.011 114.558 0.011
202209 -0.320 115.339 -0.318
202212 1.010 115.116 1.007
202303 -0.794 115.116 -0.792
202306 0.160 114.558 0.160
202309 -0.230 115.339 -0.229
202312 0.753 114.781 0.753
202403 -0.577 115.227 -0.575
202406 -0.343 114.781 -0.343

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.


Han's Laser Technology Industry Group Co  (SZSE:002008) 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.


Han's Laser Technology Industry Group Co Cyclically Adjusted Price-to-FCF Related Terms

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


Han's Laser Technology Industry Group Co Business Description

Traded in Other Exchanges
N/A
Address
NO. 9988 Shennan Avenue, Han's Laser Building, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057
Founded in 2001, Han's Laser is engaged in manufacturing laser and printed circuit board processing equipment including engravers, welding machines and cutters. It is China's largest laser equipment supplier and the world's third-largest. The company's equipment is applied in the production of consumer electronics, integrated circuits, telecom equipment, auto parts, aerospace, railways and medical devices. The company is headquartered in Shenzhen, China. The group employs nearly 20,000 people and has over 100 offices in China and about 20 countries abroad.
Executives
Du Yong Gang Directors, executives
Chen Ke Sheng Executives
Ren Ning Executives
Zhou Hui Qiang Executives
Zhang Jian Qun Directors, executives
Ning Yan Hua Executives
Yang Chao Hui Executives
Huang Xiang Hu Executives
Yin Jian Gang Executives
Zhao Guang Hui Executives
Chen Xue Mei Supervisors
Li Yu Ting Executives
Chen Yan Executives
Wang Lin Securities Affairs Representative
Zhang Hong Xin Executives

Han's Laser Technology Industry Group Co Headlines

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