GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Optics Technology Holding Co Ltd (SZSE:300489) » Definitions » Cyclically Adjusted Price-to-FCF

Optics Technology Holding Co (SZSE:300489) Cyclically Adjusted Price-to-FCF : (As of Jun. 14, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Optics Technology Holding Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Optics Technology Holding Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Optics Technology Holding 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.

Optics Technology Holding Co Cyclically Adjusted Price-to-FCF Chart

Optics Technology Holding 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 - - - - -

Optics Technology Holding 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 Optics Technology Holding Co's Cyclically Adjusted Price-to-FCF

For the Aluminum subindustry, Optics Technology Holding 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.


Optics Technology Holding Co's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Optics Technology Holding Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Optics Technology Holding 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.

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

For example, Optics Technology Holding 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)
=-1.907/115.2271*115.2271
=-1.907

Current CPI (Mar. 2024) = 115.2271.

Optics Technology Holding Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.118 98.200 -0.138
201409 -0.305 98.900 -0.355
201412 0.303 99.000 0.353
201503 -0.110 99.900 -0.127
201506 -0.056 99.500 -0.065
201509 -0.250 100.500 -0.287
201512 0.202 100.600 0.231
201603 -0.284 102.200 -0.320
201606 -0.044 101.400 -0.050
201609 0.058 102.400 0.065
201612 -0.062 102.600 -0.070
201703 -0.126 103.200 -0.141
201706 -0.186 103.100 -0.208
201709 -0.032 104.100 -0.035
201712 -0.042 104.500 -0.046
201803 -0.140 105.300 -0.153
201806 0.152 104.900 0.167
201809 -0.081 106.600 -0.088
201812 0.146 106.500 0.158
201903 0.118 107.700 0.126
201906 -0.092 107.700 -0.098
201909 0.257 109.800 0.270
201912 -0.004 111.200 -0.004
202003 -0.160 112.300 -0.164
202006 -1.521 110.400 -1.588
202009 -4.793 111.700 -4.944
202012 3.730 111.500 3.855
202103 -2.960 112.662 -3.027
202106 -1.772 111.769 -1.827
202109 -0.267 112.215 -0.274
202112 -2.762 113.108 -2.814
202203 -1.941 114.335 -1.956
202206 -0.989 114.558 -0.995
202209 -0.011 115.339 -0.011
202212 -0.282 115.116 -0.282
202303 -0.189 115.116 -0.189
202306 -0.199 114.558 -0.200
202309 -0.877 115.339 -0.876
202312 -0.045 114.781 -0.045
202403 -1.907 115.227 -1.907

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.


Optics Technology Holding Co  (SZSE:300489) 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.


Optics Technology Holding Co Cyclically Adjusted Price-to-FCF Related Terms

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


Optics Technology Holding Co (SZSE:300489) Business Description

Traded in Other Exchanges
N/A
Address
No. 5, 8th Avenue, Pingfang District, Nancheng, Harbin, CHN, 150060
Optics Technology Holding Co Ltd, formerly Harbin ZhongFei New Technology Co Ltd is a manufacturer of high-performance aluminum alloy materials and machined parts. Its engaged in production, sales of mechanical equipment, instrumentation, mechanical processing, industrial automation technology development and technical services. It belongs to the field of new materials technology and new energy and energy-saving technologies. Its products are aluminum alloy forgings, extrusions, and machine parts.
Executives
Gong Tao Directors, executives
Liu Liu Director
Gao Shu Zeng Executives
Zhang Chun Bo Directors, executives
Shi Yong Sheng Supervisors
Zhang Yong Supervisors
Wang Chun Yu Directors, executives
Li Hai Bing Secretary, Director
Wang Gui Xiang Supervisors

Optics Technology Holding Co (SZSE:300489) Headlines

No Headlines