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Sichuan Gangtong Medical Equipment Group Co (SZSE:301515) Cyclically Adjusted Price-to-FCF : (As of Sep. 21, 2024)


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What is Sichuan Gangtong Medical Equipment Group Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sichuan Gangtong Medical Equipment Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sichuan Gangtong Medical Equipment Group 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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Sichuan Gangtong Medical Equipment Group Co Cyclically Adjusted Price-to-FCF Chart

Sichuan Gangtong Medical Equipment Group Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Sichuan Gangtong Medical Equipment Group Co Quarterly Data
Dec12 Dec13 Dec14 Dec15 Dec16 Dec18 Dec19 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Competitive Comparison of Sichuan Gangtong Medical Equipment Group Co's Cyclically Adjusted Price-to-FCF

For the Medical Devices subindustry, Sichuan Gangtong Medical Equipment Group 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.


Sichuan Gangtong Medical Equipment Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Sichuan Gangtong Medical Equipment Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Sichuan Gangtong Medical Equipment Group Co's Cyclically Adjusted Price-to-FCF falls into.



Sichuan Gangtong Medical Equipment Group 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.

Sichuan Gangtong Medical Equipment Group Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Sichuan Gangtong Medical Equipment Group 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)
=-1.675/114.7809*114.7809
=-1.675

Current CPI (Dec23) = 114.7809.

Sichuan Gangtong Medical Equipment Group Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.729 97.624 -0.857
201412 0.023 99.000 0.027
201512 0.127 100.600 0.145
201612 -0.006 102.600 -0.007
201812 -0.153 106.500 -0.165
201912 -0.196 111.200 -0.202
202012 0.622 111.500 0.640
202112 0.117 113.108 0.119
202212 0.572 115.116 0.570
202312 -1.675 114.781 -1.675

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.


Sichuan Gangtong Medical Equipment Group Co  (SZSE:301515) 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.


Sichuan Gangtong Medical Equipment Group Co Cyclically Adjusted Price-to-FCF Related Terms

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Sichuan Gangtong Medical Equipment Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 356, South Section of Kailiwei Industrial Avenue, Sichuan, Jianyang, CHN, 641400
Sichuan Gangtong Medical Equipment Group Co Ltd is a modern provider of medical device research & development and manufacturing and medical professional system overall solutions. It is committed to solving the problems of medical gas supply and medical infection, providing various medical institutions with safe, stable, reliable and intelligent life support systems and life support areas.

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