GURUFOCUS.COM » STOCK LIST » Technology » Software » Troy Information Technology Co Ltd (SZSE:300366) » Definitions » Cyclically Adjusted Price-to-FCF

Troy Information Technology Co (SZSE:300366) Cyclically Adjusted Price-to-FCF : (As of Jun. 11, 2024)


View and export this data going back to 2014. Start your Free Trial

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

Shiller PE for Stocks: The True Measure of Stock Valuation


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

The historical data trend for Troy 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.

* Premium members only.

Troy Information Technology Co Cyclically Adjusted Price-to-FCF Chart

Troy Information 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 - - - - -

Troy 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
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 - - - - -

Competitive Comparison of Troy Information Technology Co's Cyclically Adjusted Price-to-FCF

For the Software - Infrastructure subindustry, Troy 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.


Troy Information Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

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



Troy 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.

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

For example, Troy 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)
=-0.031/115.2271*115.2271
=-0.031

Current CPI (Mar. 2024) = 115.2271.

Troy Information Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.053 98.200 0.062
201409 -0.048 98.900 -0.056
201412 0.081 99.000 0.094
201503 -0.183 99.900 -0.211
201506 -0.033 99.500 -0.038
201509 -0.051 100.500 -0.058
201512 0.044 100.600 0.050
201603 -0.285 102.200 -0.321
201606 -0.377 101.400 -0.428
201609 -0.018 102.400 -0.020
201612 0.246 102.600 0.276
201703 -0.193 103.200 -0.215
201706 -0.029 103.100 -0.032
201709 -0.113 104.100 -0.125
201712 0.159 104.500 0.175
201803 -0.239 105.300 -0.262
201806 -0.119 104.900 -0.131
201809 -0.143 106.600 -0.155
201812 0.102 106.500 0.110
201903 -0.517 107.700 -0.553
201906 0.092 107.700 0.098
201909 -0.155 109.800 -0.163
201912 0.328 111.200 0.340
202003 -0.222 112.300 -0.228
202006 -0.075 110.400 -0.078
202009 0.048 111.700 0.050
202012 0.358 111.500 0.370
202103 -0.234 112.662 -0.239
202106 0.070 111.769 0.072
202109 -0.122 112.215 -0.125
202112 0.169 113.108 0.172
202203 -0.313 114.335 -0.315
202206 -0.213 114.558 -0.214
202209 0.011 115.339 0.011
202212 -0.841 115.116 -0.842
202303 -0.213 115.116 -0.213
202306 -0.137 114.558 -0.138
202309 -0.023 115.339 -0.023
202312 0.131 114.781 0.132
202403 -0.031 115.227 -0.031

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.


Troy Information Technology Co  (SZSE:300366) 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.


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

Thank you for viewing the detailed overview of Troy Information Technology Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Troy Information Technology Co (SZSE:300366) Business Description

Traded in Other Exchanges
N/A
Address
No. 28, Xixin Avenue, High-tech Zone, Gaoxin West District, Chengdu, CHN, 611731
Troy Information Technology Co Ltd is a Chinese technical service provider for telecom operators. Its product technologies include big data, Cloud computing, and Wisdom. Its big data products include enterprise-level big data platform, big data business model platform, big data processing platform, and big data capability sharing platform.
Executives
Wang Xiao Wei Director
Li Jing Directors, executives
Du Guang Xiang Directors, executives
Lu Wen Bin Director
He Wen Jiang Directors, executives
Liu Jie Executives
Wang Xiao Ming Director
Wang Yong Supervisors
Lei Li Directors, executives
Zhou Xue Jun Director
Gu Hong Bin Executives

Troy Information Technology Co (SZSE:300366) Headlines

No Headlines