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Jiangsu Yinhe Electronics Co (SZSE:002519) Cyclically Adjusted Price-to-FCF : 42.33 (As of Jun. 09, 2024)


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What is Jiangsu Yinhe Electronics Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Jiangsu Yinhe Electronics Co's current share price is ¥5.08. Jiangsu Yinhe Electronics Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.12. Jiangsu Yinhe Electronics Co's Cyclically Adjusted Price-to-FCF for today is 42.33.

The historical rank and industry rank for Jiangsu Yinhe Electronics Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SZSE:002519' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 36.91   Med: 72.5   Max: 258.5
Current: 43.51

During the past years, Jiangsu Yinhe Electronics Co's highest Cyclically Adjusted Price-to-FCF was 258.50. The lowest was 36.91. And the median was 72.50.

SZSE:002519's Cyclically Adjusted Price-to-FCF is ranked worse than
63.25% of 966 companies
in the Hardware industry
Industry Median: 30.465 vs SZSE:002519: 43.51

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.

Jiangsu Yinhe Electronics Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.081. 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 ¥0.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Yinhe Electronics Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Jiangsu Yinhe Electronics 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.

Jiangsu Yinhe Electronics Co Cyclically Adjusted Price-to-FCF Chart

Jiangsu Yinhe Electronics 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 1,412.50 116.41 56.89 92.84 57.52

Jiangsu Yinhe Electronics 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 82.73 132.93 58.89 57.52 43.08

Competitive Comparison of Jiangsu Yinhe Electronics Co's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, Jiangsu Yinhe Electronics 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.


Jiangsu Yinhe Electronics Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

* The bar in red indicates where Jiangsu Yinhe Electronics Co's Cyclically Adjusted Price-to-FCF falls into.



Jiangsu Yinhe Electronics 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.

Jiangsu Yinhe Electronics Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.08/0.12
=42.33

* 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.

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

For example, Jiangsu Yinhe Electronics 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)
=-0.081/115.2271*115.2271
=-0.081

Current CPI (Mar. 2024) = 115.2271.

Jiangsu Yinhe Electronics Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.120 98.200 0.141
201409 -0.032 98.900 -0.037
201412 0.402 99.000 0.468
201503 -0.015 99.900 -0.017
201506 0.088 99.500 0.102
201509 -0.033 100.500 -0.038
201512 -0.003 100.600 -0.003
201603 -0.037 102.200 -0.042
201606 0.142 101.400 0.161
201609 -0.146 102.400 -0.164
201612 0.098 102.600 0.110
201703 -0.045 103.200 -0.050
201706 -0.029 103.100 -0.032
201709 -0.079 104.100 -0.087
201712 0.039 104.500 0.043
201803 -0.050 105.300 -0.055
201806 -0.058 104.900 -0.064
201809 -0.031 106.600 -0.034
201812 0.020 106.500 0.022
201903 -0.075 107.700 -0.080
201906 0.135 107.700 0.144
201909 0.010 109.800 0.010
201912 0.019 111.200 0.020
202003 0.130 112.300 0.133
202006 0.009 110.400 0.009
202009 -0.059 111.700 -0.061
202012 0.211 111.500 0.218
202103 -0.033 112.662 -0.034
202106 -0.027 111.769 -0.028
202109 -0.159 112.215 -0.163
202112 0.049 113.108 0.050
202203 -0.040 114.335 -0.040
202206 -0.020 114.558 -0.020
202209 -0.093 115.339 -0.093
202212 0.184 115.116 0.184
202303 -0.026 115.116 -0.026
202306 -0.036 114.558 -0.036
202309 0.339 115.339 0.339
202312 0.298 114.781 0.299
202403 -0.081 115.227 -0.081

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.


Jiangsu Yinhe Electronics Co  (SZSE:002519) 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.


Jiangsu Yinhe Electronics Co Cyclically Adjusted Price-to-FCF Related Terms

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


Jiangsu Yinhe Electronics Co (SZSE:002519) Business Description

Traded in Other Exchanges
N/A
Address
No. 188 NanHuan Road, TangQiao Town, ZhangJiaGang City, JiangSu Province, CHN, 215611
Jiangsu Yinhe Electronics Co Ltd engages in the military, new energy vehicle, and precision sheet metal businesses in China and internationally. The company offers new-energy electric vehicle (EV) products, including intelligent chargers for electric cars; electric scroll compressors; and precision sheet metal products, including power battery boxes for EVs, solar power inverters, high/low voltage transmission and distribution equipment.
Executives
Wu Jian Ming Directors, executives
Xu Min Executives
Wu Gang Directors, executives
Lin Chao Director
Zhang Jia Tao Supervisors
Zhang Jia Shu Executives
Zhang Yong Jun Independent director
Wang Chun Ya Supervisors
Zhang Hong Directors, executives
Xu Ge Securities Affairs Representative
Pang Ying Director
Xue Li Jun Directors, executives
Zhang Shu Hua Supervisors
Li Xin Executives
Bai Xiao Min Director

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