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Rayitek Hi-Tech Film Co (SHSE:688323) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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What is Rayitek Hi-Tech Film Co Cyclically Adjusted Price-to-FCF?

Rayitek Hi-Tech Film Co does not have a history long enough to calculate Cyclically Adjusted FCF per Share. Therefore GuruFocus does not calculate Cyclically Adjusted Price-to-FCF for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rayitek Hi-Tech Film Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Rayitek Hi-Tech Film 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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Rayitek Hi-Tech Film Co Cyclically Adjusted Price-to-FCF Chart

Rayitek Hi-Tech Film Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Rayitek Hi-Tech Film Co Quarterly Data
Dec17 Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Rayitek Hi-Tech Film Co's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, Rayitek Hi-Tech Film 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.


Rayitek Hi-Tech Film Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

* The bar in red indicates where Rayitek Hi-Tech Film Co's Cyclically Adjusted Price-to-FCF falls into.



Rayitek Hi-Tech Film 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.

Rayitek Hi-Tech Film Co does not have a history long enough to calculate Cyclically Adjusted FCF per Share. Therefore GuruFocus does not calculate Cyclically Adjusted Price-to-FCF for this company.


Rayitek Hi-Tech Film Co  (SHSE:688323) 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.


Rayitek Hi-Tech Film Co Cyclically Adjusted Price-to-FCF Related Terms

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Rayitek Hi-Tech Film Co (SHSE:688323) Business Description

Traded in Other Exchanges
N/A
Address
Songgang Street Office, Huamei Industrial Park, Baoan District, Guangdong Province, Shenzhen, CHN, 518105
Rayitek Hi-Tech Film Co Ltd is engaged in the research and development, production and sales of high-performance PI films. The main product series include thermal control series PI films, electronic series PI films, electrical series PI films, functional PI films and others which are widely used in flexible circuit boards, consumer electronics, high-speed rail transit, wind power generation, 5G communications, flexible displays, aerospace Aviation and other high-tech industries.

Rayitek Hi-Tech Film Co (SHSE:688323) Headlines

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