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Offcn Education Technology Co (SZSE:002607) Cyclically Adjusted Price-to-FCF : (As of Apr. 30, 2024)


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What is Offcn Education Technology Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Offcn Education Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Offcn Education 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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Offcn Education Technology Co Cyclically Adjusted Price-to-FCF Chart

Offcn Education Technology Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Offcn Education Technology Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Offcn Education Technology Co's Cyclically Adjusted Price-to-FCF

For the Education & Training Services subindustry, Offcn Education 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.


Offcn Education Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Offcn Education Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Offcn Education 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.

Offcn Education Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Offcn Education Technology Co's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.023/115.3387*115.3387
=0.023

Current CPI (Sep. 2023) = 115.3387.

Offcn Education Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.193 97.624 -0.228
201403 -0.378 98.600 -0.442
201406 -0.100 98.200 -0.117
201409 0.197 98.900 0.230
201412 -0.303 99.000 -0.353
201503 -0.093 99.900 -0.107
201506 0.064 99.500 0.074
201509 0.143 100.500 0.164
201512 -0.227 100.600 -0.260
201603 -0.133 102.200 -0.150
201606 -0.472 101.400 -0.537
201609 -0.105 102.400 -0.118
201612 0.186 102.600 0.209
201703 -0.703 103.200 -0.786
201706 -0.110 103.100 -0.123
201709 0.274 104.100 0.304
201712 0.218 104.500 0.241
201803 0.372 105.300 0.407
201806 0.178 104.900 0.196
201809 -0.184 106.600 -0.199
201812 -0.157 106.500 -0.170
201903 0.455 107.700 0.487
201906 0.246 107.700 0.263
201909 -0.277 109.800 -0.291
201912 -0.112 111.200 -0.116
202003 0.301 112.300 0.309
202006 0.251 110.400 0.262
202009 0.418 111.700 0.432
202012 -0.375 111.500 -0.388
202103 -0.429 112.662 -0.439
202106 -0.148 111.769 -0.153
202109 -0.292 112.215 -0.300
202112 0.172 113.108 0.175
202203 0.102 114.335 0.103
202206 0.057 114.558 0.057
202209 0.079 115.339 0.079
202212 -0.146 115.116 -0.146
202303 -0.080 115.116 -0.080
202306 -0.004 114.558 -0.004
202309 0.023 115.339 0.023

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.


Offcn Education Technology Co  (SZSE:002607) 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.


Offcn Education Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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Offcn Education Technology Co (SZSE:002607) Business Description

Traded in Other Exchanges
N/A
Address
No.23 Xueqing Road, Block B, Hanhua Century Building, Haidian District, Beijing, CHN, 100089
Offcn Education Technology Co Ltd is China's multi-category vocational education institution and civil servant entrance examination training company. The company serves the younger demographic including college students and university graduates throughout mainland China.

Offcn Education Technology Co (SZSE:002607) Headlines

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