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Aerospace Intelligent Manufacturing Technology Co (SZSE:300446) Cyclically Adjusted Price-to-FCF : 43.29 (As of May. 19, 2024)


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What is Aerospace Intelligent Manufacturing Technology Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-19), Aerospace Intelligent Manufacturing Technology Co's current share price is ¥15.15. Aerospace Intelligent Manufacturing Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.35. Aerospace Intelligent Manufacturing Technology Co's Cyclically Adjusted Price-to-FCF for today is 43.29.

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

SZSE:300446' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 29.7   Med: 39.95   Max: 49.47
Current: 43.9

During the past years, Aerospace Intelligent Manufacturing Technology Co's highest Cyclically Adjusted Price-to-FCF was 49.47. The lowest was 29.70. And the median was 39.95.

SZSE:300446's Cyclically Adjusted Price-to-FCF is ranked worse than
67.94% of 574 companies
in the Chemicals industry
Industry Median: 24.885 vs SZSE:300446: 43.90

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.

Aerospace Intelligent Manufacturing Technology Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.157. 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 ¥0.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aerospace Intelligent Manufacturing Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Aerospace Intelligent Manufacturing 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.

Aerospace Intelligent Manufacturing Technology Co Cyclically Adjusted Price-to-FCF Chart

Aerospace Intelligent Manufacturing 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 - - - - 42.30

Aerospace Intelligent Manufacturing 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 31.26 40.45 35.23 42.30 46.36

Competitive Comparison of Aerospace Intelligent Manufacturing Technology Co's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, Aerospace Intelligent Manufacturing 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.


Aerospace Intelligent Manufacturing Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Aerospace Intelligent Manufacturing Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Aerospace Intelligent Manufacturing 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.

Aerospace Intelligent Manufacturing 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
=15.15/0.35
=43.29

* 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.

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

For example, Aerospace Intelligent Manufacturing 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)
=-0.157/115.2271*115.2271
=-0.157

Current CPI (Mar. 2024) = 115.2271.

Aerospace Intelligent Manufacturing Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.119 98.200 0.140
201409 0.172 98.900 0.200
201412 0.153 99.000 0.178
201503 0.168 99.900 0.194
201506 0.138 99.500 0.160
201509 0.204 100.500 0.234
201512 0.387 100.600 0.443
201603 0.261 102.200 0.294
201606 0.155 101.400 0.176
201609 0.061 102.400 0.069
201612 0.249 102.600 0.280
201703 0.054 103.200 0.060
201706 0.195 103.100 0.218
201709 0.136 104.100 0.151
201712 0.176 104.500 0.194
201803 0.017 105.300 0.019
201806 0.141 104.900 0.155
201809 0.067 106.600 0.072
201812 0.108 106.500 0.117
201903 -0.036 107.700 -0.039
201906 -0.006 107.700 -0.006
201909 0.058 109.800 0.061
201912 0.006 111.200 0.006
202003 -0.044 112.300 -0.045
202006 0.046 110.400 0.048
202009 -0.069 111.700 -0.071
202012 -0.226 111.500 -0.234
202103 -0.101 112.662 -0.103
202106 -0.056 111.769 -0.058
202109 -0.153 112.215 -0.157
202112 -0.045 113.108 -0.046
202203 -0.068 114.335 -0.069
202206 -0.066 114.558 -0.066
202209 0.473 115.339 0.473
202212 0.179 115.116 0.179
202303 0.051 115.116 0.051
202306 -0.299 114.558 -0.301
202309 0.388 115.339 0.388
202312 0.243 114.781 0.244
202403 -0.157 115.227 -0.157

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.


Aerospace Intelligent Manufacturing Technology Co  (SZSE:300446) 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.


Aerospace Intelligent Manufacturing Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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Aerospace Intelligent Manufacturing Technology Co (SZSE:300446) Business Description

Traded in Other Exchanges
N/A
Address
Hangzhou North Road, Longquan Street, No. 118, Longquanyi, Sichuan, Chengdu, CHN, 610100
Aerospace Intelligent Manufacturing Technology Co Ltd Formerly Baoding Lucky Innovative Materials Co Ltd is engaged in the research and development, production and sales of new materials such as thermal magnetic tickets and magnetic strips. It is also engaged in magnetic research in the domestic information recording materials industry. Its products include thermal magnetic tickets, magnetic stripe, and magnetic cards which are widely used in commercial retail, transportation, finance, social security and other fields.

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