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Shanghai Hi-Tech Control System Co (SZSE:002184) Cyclically Adjusted Price-to-FCF : 45.29 (As of Jun. 18, 2024)


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What is Shanghai Hi-Tech Control System Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-18), Shanghai Hi-Tech Control System Co's current share price is ¥9.51. Shanghai Hi-Tech Control System Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.21. Shanghai Hi-Tech Control System Co's Cyclically Adjusted Price-to-FCF for today is 45.29.

The historical rank and industry rank for Shanghai Hi-Tech Control System Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SZSE:002184' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 36.83   Med: 86.41   Max: 751.36
Current: 45.09

During the past years, Shanghai Hi-Tech Control System Co's highest Cyclically Adjusted Price-to-FCF was 751.36. The lowest was 36.83. And the median was 86.41.

SZSE:002184's Cyclically Adjusted Price-to-FCF is ranked worse than
63.98% of 683 companies
in the Software industry
Industry Median: 28.45 vs SZSE:002184: 45.09

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.

Shanghai Hi-Tech Control System Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.909. 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 ¥0.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Hi-Tech Control System Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shanghai Hi-Tech Control System 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.

Shanghai Hi-Tech Control System Co Cyclically Adjusted Price-to-FCF Chart

Shanghai Hi-Tech Control System 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 - 386.66 99.86 60.82 52.28

Shanghai Hi-Tech Control System 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 87.45 100.33 77.39 52.28 59.84

Competitive Comparison of Shanghai Hi-Tech Control System Co's Cyclically Adjusted Price-to-FCF

For the Information Technology Services subindustry, Shanghai Hi-Tech Control System 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.


Shanghai Hi-Tech Control System Co's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Shanghai Hi-Tech Control System Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shanghai Hi-Tech Control System Co's Cyclically Adjusted Price-to-FCF falls into.



Shanghai Hi-Tech Control System 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.

Shanghai Hi-Tech Control System Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9.51/0.21
=45.29

* 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.

Shanghai Hi-Tech Control System Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shanghai Hi-Tech Control System 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)
=-0.909/115.2271*115.2271
=-0.909

Current CPI (Mar. 2024) = 115.2271.

Shanghai Hi-Tech Control System Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.112 98.200 -0.131
201409 -0.103 98.900 -0.120
201412 0.238 99.000 0.277
201503 -0.135 99.900 -0.156
201506 -0.021 99.500 -0.024
201509 -0.001 100.500 -0.001
201512 0.098 100.600 0.112
201603 0.044 102.200 0.050
201606 -0.159 101.400 -0.181
201609 -0.161 102.400 -0.181
201612 0.155 102.600 0.174
201703 -0.205 103.200 -0.229
201706 -0.461 103.100 -0.515
201709 0.001 104.100 0.001
201712 0.215 104.500 0.237
201803 -0.233 105.300 -0.255
201806 -0.089 104.900 -0.098
201809 0.092 106.600 0.099
201812 0.575 106.500 0.622
201903 -0.004 107.700 -0.004
201906 0.047 107.700 0.050
201909 0.255 109.800 0.268
201912 0.458 111.200 0.475
202003 0.070 112.300 0.072
202006 0.343 110.400 0.358
202009 -0.162 111.700 -0.167
202012 0.541 111.500 0.559
202103 -0.088 112.662 -0.090
202106 0.206 111.769 0.212
202109 -0.167 112.215 -0.171
202112 0.421 113.108 0.429
202203 -0.135 114.335 -0.136
202206 0.131 114.558 0.132
202209 0.070 115.339 0.070
202212 0.328 115.116 0.328
202303 -0.282 115.116 -0.282
202306 -0.054 114.558 -0.054
202309 0.420 115.339 0.420
202312 0.838 114.781 0.841
202403 -0.909 115.227 -0.909

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.


Shanghai Hi-Tech Control System Co  (SZSE:002184) 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.


Shanghai Hi-Tech Control System Co Cyclically Adjusted Price-to-FCF Related Terms

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Shanghai Hi-Tech Control System Co (SZSE:002184) Business Description

Traded in Other Exchanges
N/A
Address
No. 900 Yishan Road, Science and Technology Development Building, Block B, 17F, Shanghai, Shanghai, CHN, 200233
Shanghai Hi-Tech Control System Co Ltd operates in the field of industry informatization and automation. The company provides industry users with informatization and intelligentization control products, electric automation and informatization products. Its products offering include a wind turbine converter, industrial control products and systems, industrial network products, and power electric products.
Executives
Zhao Da Di Director
Guo Meng Rong Directors, executives
Xu Hong Director
Wu Qiu Nong Directors, executives
Lu Wen Jing Supervisors
He Yong Jun Executives
Hu Yu Executives, directors
Shi Chao Zhu Director
Zhang Zhe Zhi Executives
Wang Xiao Bo Supervisors
Wu Huan Qun Supervisors
Fang Jian Director
Sheng Ya Ping Supervisors

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