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HengFeng Information Technology Co (SZSE:300605) Cyclically Adjusted Price-to-FCF : (As of Jun. 13, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


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

The historical data trend for HengFeng 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.

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

HengFeng Information Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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HengFeng 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
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Competitive Comparison of HengFeng Information Technology Co's Cyclically Adjusted Price-to-FCF

For the Information Technology Services subindustry, HengFeng 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.


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

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

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



HengFeng 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.

HengFeng Information Technology Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, HengFeng Information Technology Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.685/114.7809*114.7809
=-0.685

Current CPI (Dec23) = 114.7809.

HengFeng Information Technology Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.241 99.000 -0.279
201512 0.391 100.600 0.446
201612 -0.112 102.600 -0.125
201712 -0.543 104.500 -0.596
201812 0.501 106.500 0.540
201912 -0.249 111.200 -0.257
202012 -0.454 111.500 -0.467
202112 -0.421 113.108 -0.427
202212 -0.276 115.116 -0.275
202312 -0.685 114.781 -0.685

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.


HengFeng Information Technology Co  (SZSE:300605) 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.


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

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HengFeng Information Technology Co (SZSE:300605) Business Description

Traded in Other Exchanges
N/A
Address
Science and Technology Road East, Building 5, Haixi Innovation Park, Fuzhou, CHN, 350117
HengFeng Information Technology Co Ltd is a smart city, data center, and computer information system. It provides planning, design, software and innovation development, system integration, and management to customers in areas like livelihood, public safety, and urban services. The company operates in China region.
Executives
Chen Chao Xue Directors, executives
Ou Lin Jie Directors, executives
Wei Xiao Xi Director
Lin Wen Juan Supervisors
Luo Wen Wen Director
Yang Zhi Gang Directors, executives
Zheng Ming Supervisors
Zhao Yin Bao Executives
Lin Jian Director
Chen Fang Directors, Directors, and Executives

HengFeng Information Technology Co (SZSE:300605) Headlines

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