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Jiang Xinxin Medtec Co (SZSE:300453) Cyclically Adjusted Price-to-FCF : 79.70 (As of May. 09, 2024)


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What is Jiang Xinxin Medtec Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-09), Jiang Xinxin Medtec Co's current share price is ¥7.97. Jiang Xinxin Medtec Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.10. Jiang Xinxin Medtec Co's Cyclically Adjusted Price-to-FCF for today is 79.70.

The historical rank and industry rank for Jiang Xinxin Medtec Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SZSE:300453' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 50.82   Med: 70.6   Max: 100
Current: 76.76

During the past years, Jiang Xinxin Medtec Co's highest Cyclically Adjusted Price-to-FCF was 100.00. The lowest was 50.82. And the median was 70.60.

SZSE:300453's Cyclically Adjusted Price-to-FCF is ranked worse than
75% of 236 companies
in the Medical Devices & Instruments industry
Industry Median: 44.08 vs SZSE:300453: 76.76

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.

Jiang Xinxin Medtec Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.043. 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 ¥0.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiang Xinxin Medtec Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Jiang Xinxin Medtec 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.

Jiang Xinxin Medtec Co Cyclically Adjusted Price-to-FCF Chart

Jiang Xinxin Medtec 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 - - - - 71.94

Jiang Xinxin Medtec 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 88.53 70.45 69.08 71.94 71.47

Competitive Comparison of Jiang Xinxin Medtec Co's Cyclically Adjusted Price-to-FCF

For the Medical Instruments & Supplies subindustry, Jiang Xinxin Medtec 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.


Jiang Xinxin Medtec Co's Cyclically Adjusted Price-to-FCF Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Jiang Xinxin Medtec Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Jiang Xinxin Medtec Co's Cyclically Adjusted Price-to-FCF falls into.



Jiang Xinxin Medtec 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.

Jiang Xinxin Medtec Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7.97/0.1
=79.70

* 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.

Jiang Xinxin Medtec Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Jiang Xinxin Medtec 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)
=-0.043/114.6694*114.6694
=-0.043

Current CPI (Mar. 2024) = 114.6694.

Jiang Xinxin Medtec Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.042 98.200 0.049
201409 0.032 98.900 0.037
201412 0.092 99.000 0.107
201503 -0.084 99.900 -0.096
201506 0.024 99.500 0.028
201509 -0.001 100.500 -0.001
201512 0.049 100.600 0.056
201603 -0.050 102.200 -0.056
201606 -0.041 101.400 -0.046
201609 -0.044 102.400 -0.049
201612 0.033 102.600 0.037
201703 -0.043 103.200 -0.048
201706 0.000 103.100 0.000
201709 -0.040 104.100 -0.044
201712 0.040 104.500 0.044
201803 -0.037 105.300 -0.040
201806 -0.050 104.900 -0.055
201809 -0.051 106.600 -0.055
201812 -0.001 106.500 -0.001
201903 -0.133 107.700 -0.142
201906 -0.007 107.700 -0.007
201909 0.048 109.800 0.050
201912 0.154 111.200 0.159
202003 -0.007 112.300 -0.007
202006 0.109 110.400 0.113
202009 0.081 111.700 0.083
202012 0.141 111.500 0.145
202103 -0.062 112.662 -0.063
202106 0.054 111.769 0.055
202109 0.150 112.215 0.153
202112 0.155 113.108 0.157
202203 -0.034 114.335 -0.034
202206 0.036 114.558 0.036
202209 0.008 115.339 0.008
202212 0.366 115.116 0.365
202303 -0.177 115.116 -0.176
202306 0.141 114.558 0.141
202309 0.097 115.339 0.096
202312 0.040 114.669 0.040
202403 -0.043 114.669 -0.043

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.


Jiang Xinxin Medtec Co  (SZSE:300453) 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.


Jiang Xinxin Medtec Co Cyclically Adjusted Price-to-FCF Related Terms

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Jiang Xinxin Medtec Co (SZSE:300453) Business Description

Traded in Other Exchanges
N/A
Address
No. 999 Fushan Road, Xiaolan Economic and Technological Development Zone, Jiangxi, Nanchang, CHN, 330200
Jiang Xi Sanxin Medtec Co Ltd is engaged in researching and developing, manufacturing and marketing of medical devices. Its products include four series: blood purification, indwelling catheters, injections, infusion and blood transfusion. Blood purification products are used in clinical dialysis treatment for uremic patients. Indwelling catheter products represented by venous indwelling needles, positive pressure indwelling needles, central venous catheters. Injectable products mainly include self-destructing syringes, retracting self-destructing syringes, conjoined syringes.

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