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Zhengzhou Tiamaes Technology Co (SZSE:300807) Cyclically Adjusted Price-to-FCF : (As of Jun. 20, 2024)


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What is Zhengzhou Tiamaes Technology Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhengzhou Tiamaes Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zhengzhou Tiamaes 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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Zhengzhou Tiamaes Technology Co Cyclically Adjusted Price-to-FCF Chart

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

For the Scientific & Technical Instruments subindustry, Zhengzhou Tiamaes 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.


Zhengzhou Tiamaes Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Zhengzhou Tiamaes 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.

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

For example, Zhengzhou Tiamaes 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)
=-0.773/114.7809*114.7809
=-0.773

Current CPI (Dec23) = 114.7809.

Zhengzhou Tiamaes Technology Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.269 99.000 -0.312
201512 0.669 100.600 0.763
201612 -0.967 102.600 -1.082
201712 0.149 104.500 0.164
201812 0.355 106.500 0.383
201912 -0.786 111.200 -0.811
202012 -1.130 111.500 -1.163
202112 -1.741 113.108 -1.767
202212 0.235 115.116 0.234
202312 -0.773 114.781 -0.773

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.


Zhengzhou Tiamaes Technology Co  (SZSE:300807) 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.


Zhengzhou Tiamaes Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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Zhengzhou Tiamaes Technology Co (SZSE:300807) Business Description

Traded in Other Exchanges
N/A
Address
No. 316 Lianhua Street, No. 10 Building, Zhengzhou High-tech Industrial Development Zone, Henan Province, Zhengzhou, CHN, 450000
Zhengzhou Tiamaes Technology Co Ltd operates as a specialized in urban public transport intelligent dispatching platform and research and development and design, production and sales of vehicle electronic products. The company is a provider of information system about urban intelligent transportation solutions and 2G/3G video/GPS/BDS beidou monitoring solutions in domestic,mainly engaged in the development,production and sales of medium andhigh-end system integrated products based on the above solutions,at present has formed the business structure with the vehicle network application field products as main products,with the whole urban bus intelligent solutions as fist products.
Executives
Shi Lei Lei Supervisors
Zhang Zhen Hua Executives
Si Ai Jun Independent director

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