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Tianshui Huatian Technology Co (SZSE:002185) Cyclically Adjusted Price-to-FCF : (As of May. 15, 2024)


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What is Tianshui Huatian Technology Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tianshui Huatian Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tianshui Huatian 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.

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Tianshui Huatian Technology Co Cyclically Adjusted Price-to-FCF Chart

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

For the Semiconductor Equipment & Materials subindustry, Tianshui Huatian 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.


Tianshui Huatian Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Tianshui Huatian Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Tianshui Huatian 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.

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

For example, Tianshui Huatian 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)
=-0.175/114.6694*114.6694
=-0.175

Current CPI (Mar. 2024) = 114.6694.

Tianshui Huatian Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.019 98.200 -0.022
201409 0.010 98.900 0.012
201412 0.029 99.000 0.034
201503 -0.054 99.900 -0.062
201506 0.013 99.500 0.015
201509 -0.015 100.500 -0.017
201512 -0.044 100.600 -0.050
201603 -0.103 102.200 -0.116
201606 -0.040 101.400 -0.045
201609 -0.063 102.400 -0.071
201612 -0.054 102.600 -0.060
201703 -0.134 103.200 -0.149
201706 -0.034 103.100 -0.038
201709 -0.124 104.100 -0.137
201712 -0.084 104.500 -0.092
201803 -0.156 105.300 -0.170
201806 -0.110 104.900 -0.120
201809 -0.047 106.600 -0.051
201812 0.102 106.500 0.110
201903 -0.077 107.700 -0.082
201906 -0.017 107.700 -0.018
201909 -0.049 109.800 -0.051
201912 0.051 111.200 0.053
202003 -0.145 112.300 -0.148
202006 -0.119 110.400 -0.124
202009 -0.011 111.700 -0.011
202012 -0.084 111.500 -0.086
202103 -0.167 112.662 -0.170
202106 -0.163 111.769 -0.167
202109 -0.242 112.215 -0.247
202112 -0.172 113.108 -0.174
202203 -0.368 114.335 -0.369
202206 -0.173 114.558 -0.173
202209 -0.025 115.339 -0.025
202212 -0.214 115.116 -0.213
202303 -0.206 115.116 -0.205
202306 -0.032 114.558 -0.032
202309 -0.092 115.339 -0.091
202312 -0.077 114.669 -0.077
202403 -0.175 114.669 -0.175

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.


Tianshui Huatian Technology Co  (SZSE:002185) 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.


Tianshui Huatian Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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Tianshui Huatian Technology Co (SZSE:002185) Business Description

Traded in Other Exchanges
N/A
Address
No. 14 Shuangqiao Road, Qinzhou District, Gansu, Tianshui, CHN, 741000
Tianshui Huatian Technology Co Ltd is an integrated circuit (IC) packaging and test enterprises in China. Its main products include plastic integrated circuits, analog integrated circuits, and hybrid integrated circuits.

Tianshui Huatian Technology Co (SZSE:002185) Headlines

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