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Brilliance Technology Co (SZSE:300542) Cyclically Adjusted Price-to-FCF : (As of Jun. 23, 2024)


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What is Brilliance Technology Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Brilliance Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Brilliance 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.

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Brilliance Technology Co Cyclically Adjusted Price-to-FCF Chart

Brilliance Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Brilliance Technology 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 Brilliance Technology Co's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Brilliance 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.


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

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

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



Brilliance 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.

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

For example, Brilliance 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)
=-1.136/115.2271*115.2271
=-1.136

Current CPI (Mar. 2024) = 115.2271.

Brilliance Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201112 0.000 92.885 0.000
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201506 0.000 99.500 0.000
201509 0.000 100.500 0.000
201512 0.000 100.600 0.000
201603 -0.432 102.200 -0.487
201606 0.042 101.400 0.048
201609 -0.209 102.400 -0.235
201612 0.318 102.600 0.357
201703 -0.200 103.200 -0.223
201706 -0.179 103.100 -0.200
201709 -0.083 104.100 -0.092
201712 0.411 104.500 0.453
201803 -0.467 105.300 -0.511
201806 -0.034 104.900 -0.037
201809 -0.079 106.600 -0.085
201812 0.387 106.500 0.419
201903 -0.329 107.700 -0.352
201906 0.104 107.700 0.111
201909 0.069 109.800 0.072
201912 0.359 111.200 0.372
202003 -0.150 112.300 -0.154
202006 0.145 110.400 0.151
202009 -0.324 111.700 -0.334
202012 0.597 111.500 0.617
202103 -0.147 112.662 -0.150
202106 -0.145 111.769 -0.149
202109 -0.094 112.215 -0.097
202112 0.373 113.108 0.380
202203 -0.492 114.335 -0.496
202206 -0.274 114.558 -0.276
202209 -0.118 115.339 -0.118
202212 0.996 115.116 0.997
202303 -0.504 115.116 -0.504
202306 -0.199 114.558 -0.200
202309 -0.047 115.339 -0.047
202312 1.712 114.781 1.719
202403 -1.136 115.227 -1.136

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.


Brilliance Technology Co  (SZSE:300542) 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.


Brilliance Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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Brilliance Technology Co (SZSE:300542) Business Description

Traded in Other Exchanges
N/A
Address
Landianchang East Road, Haidian District, 8/F,Tower B2, Golden Resource & Times Business Center No 2, Beijing, CHN, 100097
Brilliance Technology Co Ltd provides software development, computer system integration, consulting and project management services. The company's software solutions include international business, corporate settlement system, bank settlement system, and bank intermediary business platform solutions; channel integration cloud platform, total cooperation cloud platform, television banking system, online banking system, and call center application platform solutions; and data exchange applications and service products. It also provides IT infrastructure solutions comprising an information security system, enterprise network construction, and data center infrastructure solutions; and IT services.
Executives
Kang Lu Director
Yu Ke Jian Directors, executives
Tang Ruo Mei Supervisors
Zhang Yan Sheng Directors, executives
Yang Han Jie Director
Zhang Da Xin Directors, executives
Li Fu Hua Director
Ding Fei Securities Affairs Representative

Brilliance Technology Co (SZSE:300542) Headlines

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