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Jiangsu Transimage Technology Co (SZSE:002866) Cyclically Adjusted Price-to-FCF : (As of May. 16, 2024)


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What is Jiangsu Transimage Technology Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Transimage Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Jiangsu Transimage 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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Jiangsu Transimage Technology Co Cyclically Adjusted Price-to-FCF Chart

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

For the Electronic Components subindustry, Jiangsu Transimage 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.


Jiangsu Transimage Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Jiangsu Transimage 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.

Jiangsu Transimage Technology Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Jiangsu Transimage Technology Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-1.222/114.7809*114.7809
=-1.222

Current CPI (Dec23) = 114.7809.

Jiangsu Transimage Technology Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.123 99.000 -0.143
201512 -0.053 100.600 -0.060
201612 0.081 102.600 0.091
201712 -0.026 104.500 -0.029
201812 -0.881 106.500 -0.950
201912 0.005 111.200 0.005
202012 -0.012 111.500 -0.012
202112 -0.528 113.108 -0.536
202212 -0.353 115.116 -0.352
202312 -1.222 114.781 -1.222

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 Transimage Technology Co  (SZSE:002866) 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 Transimage Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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Jiangsu Transimage Technology Co (SZSE:002866) Business Description

Traded in Other Exchanges
N/A
Address
No.33 Lingbo Road, Gaoyou Economic Development Zone, Jiangsu Province, Gaoyou, CHN, 225600
Jiangsu Transimage Technology Co Ltd is a China based company engaged in the research and development, manufacturing and sales of notebook computer input devices. Its products are product picture, film printed circuit, CLP module, FPC flexible circuit board, Securepad, Forcepad, Clickpad, car LCD, soft coupling board, wearable FPC, and fingerprint recognition class FPC, among others.

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