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Future FinTech Group (Future FinTech Group) Cyclically Adjusted Price-to-FCF : 0.16 (As of Apr. 29, 2024)


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What is Future FinTech Group Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), Future FinTech Group's current share price is $0.889. Future FinTech Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $5.67. Future FinTech Group's Cyclically Adjusted Price-to-FCF for today is 0.16.

The historical rank and industry rank for Future FinTech Group's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FTFT' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.15   Med: 1.39   Max: 14.39
Current: 0.16

During the past years, Future FinTech Group's highest Cyclically Adjusted Price-to-FCF was 14.39. The lowest was 0.15. And the median was 1.39.

FTFT's Cyclically Adjusted Price-to-FCF is ranked better than
99.55% of 671 companies
in the Software industry
Industry Median: 28.01 vs FTFT: 0.16

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Future FinTech Group's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-0.704. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $5.67 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Future FinTech Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Future FinTech Group'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.

Future FinTech Group Cyclically Adjusted Price-to-FCF Chart

Future FinTech Group 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 0.43 2.22 6.67 - 0.32

Future FinTech Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - 0.32

Competitive Comparison of Future FinTech Group's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Future FinTech Group'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.


Future FinTech Group's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

* The bar in red indicates where Future FinTech Group's Cyclically Adjusted Price-to-FCF falls into.



Future FinTech Group 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.

Future FinTech Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.889/5.67
=0.16

* 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.

Future FinTech Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Future FinTech Group's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.704/129.4194*129.4194
=-0.704

Current CPI (Dec. 2023) = 129.4194.

Future FinTech Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 16.514 99.695 21.438
201406 2.055 100.560 2.645
201409 -23.819 100.428 -30.695
201412 -49.367 99.070 -64.490
201503 9.024 99.621 11.723
201506 42.666 100.684 54.843
201509 -1.547 100.392 -1.994
201512 103.277 99.792 133.939
201603 -3.003 100.470 -3.868
201606 -29.509 101.688 -37.556
201609 73.846 101.861 93.825
201612 -104.607 101.863 -132.906
201703 -0.892 102.862 -1.122
201706 -0.166 103.349 -0.208
201709 1.378 104.136 1.713
201712 14.001 104.011 17.421
201803 -0.365 105.290 -0.449
201806 -1.541 106.317 -1.876
201809 0.920 106.507 1.118
201812 -0.506 105.998 -0.618
201903 0.045 107.251 0.054
201906 -0.005 108.070 -0.006
201909 -1.184 108.329 -1.415
201912 -0.415 108.420 -0.495
202003 -0.334 108.902 -0.397
202006 0.075 108.767 0.089
202009 -1.008 109.815 -1.188
202012 0.206 109.897 0.243
202103 -0.205 111.754 -0.237
202106 -0.073 114.631 -0.082
202109 -1.129 115.734 -1.262
202112 0.013 117.630 0.014
202203 -0.090 121.301 -0.096
202206 -0.332 125.017 -0.344
202209 0.226 125.227 0.234
202212 -0.097 125.222 -0.100
202303 -0.707 127.348 -0.719
202306 0.305 128.729 0.307
202309 -0.055 129.860 -0.055
202312 -0.704 129.419 -0.704

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.


Future FinTech Group  (NAS:FTFT) 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.


Future FinTech Group Cyclically Adjusted Price-to-FCF Related Terms

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Future FinTech Group (Future FinTech Group) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Americas Tower, 1177 Avenue of The Americas, Suite 5100, New York, NY, USA, 10036
Future FinTech Group Inc is engaged in the financial technology business. The company engages in the operation of a blockchain-based online shared shopping mall platform and also operates an incubator for application projects using blockchain technology. Future FinTech and its subsidiaries are developing blockchain technology for a variety of B2B and B2C real-life applications.
Executives
Ming Yi officer: Chief Financial Officer PUDONG BUILDING, 2ND FLOOR, JUILING AVENUE, LONGWEN DISTRICT, ZHANGZHOU F4 363000
Yang Liu officer: Chief Operating Officer 59 FREDERICKS ST, WEST ORANGE NJ 07052
Mingjie Zhao director 190-19 50TH AVE, FRESH MEADOWS NY 11365
Shanchun Huang director, officer: Chief Executive Officer PUDONG BUILDING, 2ND FLOOR,, JIULONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU F4 363000
Hanjun Zheng officer: Interim CFO 23F, CHINA DEVELOPMENT BANK TOWER, NO. 2, GAOXIN 1ST ROAD, XI'AN F4 710075
Zhi Yan director ROOM 03-1102, FL 11, BLDG C,SOHO,SALITUN, WORKERS' STADIUM NORTH RD,CHAOYANG DIST, BEIJING F4 0000000000
Yiliang Li director NO. 1803, BUILDING B, GUOHONG MANSION, MUXIDI, XICHENG DISTRICT, BEIJING F4 10038
Hongke Xue director, officer: Chief Executive Officer 16F, CHINA DEVELOPMENT BANK TOWER, NO 2 GAOXIN 1ST RD, XI'AN F4 710075
V.x. Fortune Capital Ltd 10 percent owner P.O. BOX 957, OFFSHORE INCORPORATIONS CENTRE, ROAD TOWN, TORTOLA D8 00000
Skypeople International Holdings Group Ltd 10 percent owner P.O. BOX 2804, 4TH FLOOR, SCOTIA CENTRE, GEORGE TOWN E9 KY1-1112
Golden Dawn International Ltd 10 percent owner P.O. BOX 957, OFFSHORE INCORPORATIONS CENTRE, ROAD TOWN, TORTOLA D8 00000
Baosheng Lu director ROOM 501, BLOCK 3, BINGJIAO LANE, TIANSHUIJING ROAD, XI'AN, SHAANXI PROVINCE F4 710002
Tao Wang director 32/F, CHINA MERCHANTS TOWER, 118 JIAN GUO ROAD, CHAO YANG DISTRICT, BEIJING F4 100022
Yong Ke Xue director, officer: Chief Executive Officer 16 F, NATIONAL DEVELOPMENT BANK TOWER, GAOXIN 2ND ROAD, XI'AN F4 710075
John W. Smagula director 3036 FANSHAWE ST, PHILADELPHIA PA 19149