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Dianguang Explosion-proof Technology Co (SZSE:002730) Cyclically Adjusted Price-to-FCF : 30.86 (As of Jun. 25, 2024)


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What is Dianguang Explosion-proof Technology Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-25), Dianguang Explosion-proof Technology Co's current share price is ¥6.48. Dianguang Explosion-proof Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.21. Dianguang Explosion-proof Technology Co's Cyclically Adjusted Price-to-FCF for today is 30.86.

The historical rank and industry rank for Dianguang Explosion-proof Technology Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SZSE:002730' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 25.83   Med: 35.24   Max: 41.48
Current: 31.64

During the past years, Dianguang Explosion-proof Technology Co's highest Cyclically Adjusted Price-to-FCF was 41.48. The lowest was 25.83. And the median was 35.24.

SZSE:002730's Cyclically Adjusted Price-to-FCF is ranked better than
50.68% of 1030 companies
in the Industrial Products industry
Industry Median: 32.175 vs SZSE:002730: 31.64

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.

Dianguang Explosion-proof Technology Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.218. 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


Dianguang Explosion-proof Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Dianguang Explosion-proof 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.

* Premium members only.

Dianguang Explosion-proof Technology Co Cyclically Adjusted Price-to-FCF Chart

Dianguang Explosion-proof Technology 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 - - - 30.12 41.23

Dianguang Explosion-proof Technology 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 35.14 37.75 34.42 41.23 37.71

Competitive Comparison of Dianguang Explosion-proof Technology Co's Cyclically Adjusted Price-to-FCF

For the Electrical Equipment & Parts subindustry, Dianguang Explosion-proof 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.


Dianguang Explosion-proof Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dianguang Explosion-proof Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Dianguang Explosion-proof 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.

Dianguang Explosion-proof Technology Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.48/0.21
=30.86

* 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.

Dianguang Explosion-proof Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Dianguang Explosion-proof 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)
=-0.218/115.2271*115.2271
=-0.218

Current CPI (Mar. 2024) = 115.2271.

Dianguang Explosion-proof Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.159 98.200 0.187
201409 0.028 98.900 0.033
201412 -0.181 99.000 -0.211
201503 0.049 99.900 0.057
201506 0.017 99.500 0.020
201509 0.126 100.500 0.144
201512 0.024 100.600 0.027
201603 0.268 102.200 0.302
201606 0.021 101.400 0.024
201609 0.066 102.400 0.074
201612 -0.012 102.600 -0.013
201703 0.113 103.200 0.126
201706 -0.011 103.100 -0.012
201709 0.182 104.100 0.201
201712 -0.074 104.500 -0.082
201803 -0.075 105.300 -0.082
201806 -0.044 104.900 -0.048
201809 0.083 106.600 0.090
201812 0.055 106.500 0.060
201903 0.074 107.700 0.079
201906 0.095 107.700 0.102
201909 0.286 109.800 0.300
201912 0.157 111.200 0.163
202003 0.063 112.300 0.065
202006 0.112 110.400 0.117
202009 0.052 111.700 0.054
202012 0.064 111.500 0.066
202103 0.154 112.662 0.158
202106 -0.014 111.769 -0.014
202109 0.108 112.215 0.111
202112 -0.060 113.108 -0.061
202203 -0.206 114.335 -0.208
202206 0.054 114.558 0.054
202209 0.344 115.339 0.344
202212 0.109 115.116 0.109
202303 -0.025 115.116 -0.025
202306 0.137 114.558 0.138
202309 0.111 115.339 0.111
202312 -0.227 114.781 -0.228
202403 -0.218 115.227 -0.218

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.


Dianguang Explosion-proof Technology Co  (SZSE:002730) 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.


Dianguang Explosion-proof Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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Dianguang Explosion-proof Technology Co (SZSE:002730) Business Description

Traded in Other Exchanges
N/A
Address
Road Wei 5th, Yueqing Economic Development District, Zhejiang Province, Wenzhou, CHN, 325600
Dianguang Explosion-proof Technology Co Ltd is a China-based explosion protection electrical appliance manufacturer. The company is engaged in the research and development, production, sales, and services of explosion protection electrical appliances. Its product offerings include weatherproof manipulator, explosion protection metal halide lamp, explosion protection floodlight, mining explosion-proof cap lamp, H.V. vacuum breaker, weatherproof distribution box, explosion protection luminescent lighting, explosion protection connection chamber, mining explosion-proof movable substation, among others. Its products are used in coal mine, hazardous zone, marine solutions, weatherproof and application sectors.
Executives
Shi Peng Director
Shi Long Director
Shi Xiao Xia Director
Shi Sui Biao Director
Zhu Dan Supervisors
Wu Feng Tao Independent director

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