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Wingtech Technology Co (SHSE:600745) Cyclically Adjusted Price-to-FCF : 50.19 (As of Apr. 28, 2024)


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

As of today (2024-04-28), Wingtech Technology Co's current share price is ¥31.62. Wingtech Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.63. Wingtech Technology Co's Cyclically Adjusted Price-to-FCF for today is 50.19.

The historical rank and industry rank for Wingtech Technology Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:600745' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 49.27   Med: 93.05   Max: 305
Current: 49.44

During the past years, Wingtech Technology Co's highest Cyclically Adjusted Price-to-FCF was 305.00. The lowest was 49.27. And the median was 93.05.

SHSE:600745's Cyclically Adjusted Price-to-FCF is ranked worse than
69.46% of 953 companies
in the Hardware industry
Industry Median: 27.98 vs SHSE:600745: 49.44

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.

Wingtech Technology Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.480. 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 ¥0.63 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


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

The historical data trend for Wingtech 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.

* Premium members only.

Wingtech Technology Co Cyclically Adjusted Price-to-FCF Chart

Wingtech Technology Co 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 121.60 85.61 129.01 100.89 87.90

Wingtech Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 96.66 94.44 74.26 87.90 58.29

Competitive Comparison of Wingtech Technology Co's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, Wingtech 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.


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

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

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



Wingtech 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.

Wingtech Technology Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=31.62/0.63
=50.19

* 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.

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

For example, Wingtech 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)
=-0.48/114.6694*114.6694
=-0.480

Current CPI (Mar. 2024) = 114.6694.

Wingtech Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.143 98.200 0.167
201409 -0.309 98.900 -0.358
201412 -0.796 99.000 -0.922
201503 -0.325 99.900 -0.373
201506 -0.155 99.500 -0.179
201509 -0.250 100.500 -0.285
201512 0.053 100.600 0.060
201603 -0.453 102.200 -0.508
201606 0.438 101.400 0.495
201609 0.559 102.400 0.626
201612 -0.726 102.600 -0.811
201703 0.468 103.200 0.520
201706 0.535 103.100 0.595
201709 0.319 104.100 0.351
201712 0.576 104.500 0.632
201803 -0.416 105.300 -0.453
201806 -0.326 104.900 -0.356
201809 2.786 106.600 2.997
201812 2.427 106.500 2.613
201903 0.462 107.700 0.492
201906 1.097 107.700 1.168
201909 -0.435 109.800 -0.454
201912 3.151 111.200 3.249
202003 -0.399 112.300 -0.407
202006 0.365 110.400 0.379
202009 2.542 111.700 2.610
202012 1.125 111.500 1.157
202103 -0.813 112.662 -0.827
202106 -1.335 111.769 -1.370
202109 -1.079 112.215 -1.103
202112 0.553 113.108 0.561
202203 -0.475 114.335 -0.476
202206 -1.488 114.558 -1.489
202209 -0.970 115.339 -0.964
202212 -1.331 115.116 -1.326
202303 0.423 115.116 0.421
202306 -0.051 114.558 -0.051
202309 0.583 115.339 0.580
202312 -0.200 114.669 -0.200
202403 -0.480 114.669 -0.480

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.


Wingtech Technology Co  (SHSE:600745) 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.


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

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Wingtech Technology Co (SHSE:600745) Business Description

Traded in Other Exchanges
N/A
Address
Mission Town Hill on the 6th district, Hubei Province, Huangshi, CHN, 314000
Wingtech Technology Co Ltd is a China-based company engaged in the research, development, and manufacture of mobile terminals and smart hardware products. Its main products are mobile communication complete machines, mobile communication devices and other mobile communication products, such as smartphones. The company also provides services such as Intelligent Terminal, Virtual Reality, Property and Hotel and other services.

Wingtech Technology Co (SHSE:600745) Headlines

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