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Zhejiang Yonggui Electric Equipment Co (SZSE:300351) Cyclically Adjusted Price-to-FCF : (As of May. 31, 2024)


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What is Zhejiang Yonggui Electric Equipment Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Yonggui Electric Equipment Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zhejiang Yonggui Electric Equipment 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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Zhejiang Yonggui Electric Equipment Co Cyclically Adjusted Price-to-FCF Chart

Zhejiang Yonggui Electric Equipment Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Zhejiang Yonggui Electric Equipment 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 Zhejiang Yonggui Electric Equipment Co's Cyclically Adjusted Price-to-FCF

For the Electrical Equipment & Parts subindustry, Zhejiang Yonggui Electric Equipment 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.


Zhejiang Yonggui Electric Equipment Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Yonggui Electric Equipment Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Zhejiang Yonggui Electric Equipment Co's Cyclically Adjusted Price-to-FCF falls into.



Zhejiang Yonggui Electric Equipment 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.

Zhejiang Yonggui Electric Equipment Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Zhejiang Yonggui Electric Equipment 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)
=-0.323/115.2271*115.2271
=-0.323

Current CPI (Mar. 2024) = 115.2271.

Zhejiang Yonggui Electric Equipment Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.057 98.200 -0.067
201409 -0.065 98.900 -0.076
201412 0.105 99.000 0.122
201503 -0.234 99.900 -0.270
201506 -0.146 99.500 -0.169
201509 -0.168 100.500 -0.193
201512 -0.076 100.600 -0.087
201603 -0.053 102.200 -0.060
201606 -0.085 101.400 -0.097
201609 -0.031 102.400 -0.035
201612 -0.144 102.600 -0.162
201703 -0.134 103.200 -0.150
201706 -0.057 103.100 -0.064
201709 -0.140 104.100 -0.155
201712 0.115 104.500 0.127
201803 -0.043 105.300 -0.047
201806 -0.151 104.900 -0.166
201809 -0.053 106.600 -0.057
201812 0.393 106.500 0.425
201903 -0.145 107.700 -0.155
201906 -0.178 107.700 -0.190
201909 -0.049 109.800 -0.051
201912 0.214 111.200 0.222
202003 -0.006 112.300 -0.006
202006 -0.029 110.400 -0.030
202009 0.000 111.700 0.000
202012 0.206 111.500 0.213
202103 -0.198 112.662 -0.203
202106 0.106 111.769 0.109
202109 0.028 112.215 0.029
202112 0.178 113.108 0.181
202203 -0.142 114.335 -0.143
202206 0.009 114.558 0.009
202209 -0.007 115.339 -0.007
202212 0.146 115.116 0.146
202303 -0.298 115.116 -0.298
202306 0.058 114.558 0.058
202309 -0.154 115.339 -0.154
202312 0.160 114.781 0.161
202403 -0.323 115.227 -0.323

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.


Zhejiang Yonggui Electric Equipment Co  (SZSE:300351) 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.


Zhejiang Yonggui Electric Equipment Co Cyclically Adjusted Price-to-FCF Related Terms

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Zhejiang Yonggui Electric Equipment Co (SZSE:300351) Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Dongyuan Road, Western Industrial Park, Baihe Town, Taizhou, Tiantai, CHN, 317201
Zhejiang Yonggui Electric Equipment Co Ltd is engaged in manufacturing connectors used in railways and other vehicle. Its products include circular connector, locomotive connector, wind connector, and electric vehicle connector.
Executives
Fan Yong Gui Director
Zhou Ting Ping Executives
Tu Hai Wen Director
Yang Run Li Supervisors
Xiao Hong Ying Independent director
Fan Zheng Jun Directors, executives
Yu Wen Zhen Secretary Dong
Li Yun Ming Director
Lu Su Zhen Executives
Jia Fei Long Director, Securities Affairs Representative

Zhejiang Yonggui Electric Equipment Co (SZSE:300351) Headlines

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