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Avcon Information Technology Co (SZSE:300074) Cyclically Adjusted Price-to-FCF : (As of Jun. 20, 2024)


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What is Avcon Information Technology Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Avcon Information Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Avcon Information 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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Avcon Information Technology Co Cyclically Adjusted Price-to-FCF Chart

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

For the Communication Equipment subindustry, Avcon Information 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.


Avcon Information Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Avcon Information 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.

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

For example, Avcon Information 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)
=-0.159/115.2271*115.2271
=-0.159

Current CPI (Mar. 2024) = 115.2271.

Avcon Information Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.012 98.200 -0.014
201409 -0.299 98.900 -0.348
201412 0.020 99.000 0.023
201503 -0.079 99.900 -0.091
201506 -0.040 99.500 -0.046
201509 0.019 100.500 0.022
201512 0.031 100.600 0.036
201603 -0.092 102.200 -0.104
201606 0.011 101.400 0.012
201609 -0.039 102.400 -0.044
201612 0.054 102.600 0.061
201703 -0.147 103.200 -0.164
201706 -0.064 103.100 -0.072
201709 -0.030 104.100 -0.033
201712 0.217 104.500 0.239
201803 -0.139 105.300 -0.152
201806 -0.053 104.900 -0.058
201809 0.044 106.600 0.048
201812 0.017 106.500 0.018
201903 -0.052 107.700 -0.056
201906 -0.001 107.700 -0.001
201909 -0.060 109.800 -0.063
201912 0.104 111.200 0.108
202003 -0.065 112.300 -0.067
202006 0.001 110.400 0.001
202009 -0.007 111.700 -0.007
202012 0.106 111.500 0.110
202103 -0.099 112.662 -0.101
202106 0.038 111.769 0.039
202109 -0.024 112.215 -0.025
202112 0.037 113.108 0.038
202203 0.037 114.335 0.037
202206 -0.041 114.558 -0.041
202209 -0.003 115.339 -0.003
202212 0.023 115.116 0.023
202303 -0.023 115.116 -0.023
202306 0.034 114.558 0.034
202309 0.009 115.339 0.009
202312 0.287 114.781 0.288
202403 -0.159 115.227 -0.159

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.


Avcon Information Technology Co  (SZSE:300074) 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.


Avcon Information Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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Avcon Information Technology Co (SZSE:300074) Business Description

Traded in Other Exchanges
N/A
Address
No. 69, Lane 1688, North Guoquan Road, Building A6, Wangu Science and Technology Park, Yangpu District, Shanghai, CHN, 200433
Avcon Information Technology Co Ltd designs and sells audio and video communication products and image intelligent integrated applications. It provides users with visual application solutions such as video conferencing, emergency command, smart cities security monitoring, safe cities, intelligent transportation, online education, and video call centers.
Executives
Li Hui Secretary, Director
Tian Tian Supervisors
Cheng Lin Fang Executives
Fang Yong Xin Director
Guo Feng Directors, executives
Chen Zhuang Independent director
Tang Xiao Yun Secretary Dong
Wu Biao Executives
Huang Qiao Lian Securities Affairs Representative
Xi Feng Wei Directors, executives
Liu Xiao Lu Director
Liu Yan Director
Zhou Xiao Chuan Supervisors
Liu Xiao Dan Director
Li Ji Chun Supervisors

Avcon Information Technology Co (SZSE:300074) Headlines

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