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AVIC Jonhon Optronic Technology Co (SZSE:002179) Cyclically Adjusted Price-to-FCF : 169.60 (As of Apr. 28, 2024)


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What is AVIC Jonhon Optronic Technology Co Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), AVIC Jonhon Optronic Technology Co's current share price is ¥33.92. AVIC Jonhon Optronic Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ¥0.20. AVIC Jonhon Optronic Technology Co's Cyclically Adjusted Price-to-FCF for today is 169.60.

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

SZSE:002179' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 151.15   Med: 411.03   Max: 2186.26
Current: 167.74

During the past years, AVIC Jonhon Optronic Technology Co's highest Cyclically Adjusted Price-to-FCF was 2186.26. The lowest was 151.15. And the median was 411.03.

SZSE:002179's Cyclically Adjusted Price-to-FCF is ranked worse than
90.98% of 953 companies
in the Hardware industry
Industry Median: 27.98 vs SZSE:002179: 167.74

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.

AVIC Jonhon Optronic Technology Co's adjusted free cash flow per share data for the three months ended in Dec. 2023 was ¥0.839. 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 ¥0.20 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


AVIC Jonhon Optronic Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for AVIC Jonhon Optronic 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.

AVIC Jonhon Optronic Technology Co Cyclically Adjusted Price-to-FCF Chart

AVIC Jonhon Optronic 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 2,467.69 691.50 444.45 268.17 192.86

AVIC Jonhon Optronic Technology Co 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 268.17 302.15 264.28 324.50 192.86

Competitive Comparison of AVIC Jonhon Optronic Technology Co's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, AVIC Jonhon Optronic 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.


AVIC Jonhon Optronic Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



AVIC Jonhon Optronic 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.

AVIC Jonhon Optronic 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
=33.92/0.2
=169.60

* 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.

AVIC Jonhon Optronic Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, AVIC Jonhon Optronic Technology Co'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)
=0.839/114.6694*114.6694
=0.839

Current CPI (Dec. 2023) = 114.6694.

AVIC Jonhon Optronic Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.128 98.600 -0.149
201406 -0.026 98.200 -0.030
201409 -0.018 98.900 -0.021
201412 0.165 99.000 0.191
201503 -0.218 99.900 -0.250
201506 0.103 99.500 0.119
201509 -0.075 100.500 -0.086
201512 0.451 100.600 0.514
201603 -0.147 102.200 -0.165
201606 0.040 101.400 0.045
201609 -0.100 102.400 -0.112
201612 0.154 102.600 0.172
201703 -0.134 103.200 -0.149
201706 0.141 103.100 0.157
201709 -0.113 104.100 -0.124
201712 0.205 104.500 0.225
201803 -0.199 105.300 -0.217
201806 0.050 104.900 0.055
201809 -0.109 106.600 -0.117
201812 0.121 106.500 0.130
201903 -0.054 107.700 -0.057
201906 0.064 107.700 0.068
201909 -0.041 109.800 -0.043
201912 0.321 111.200 0.331
202003 -0.217 112.300 -0.222
202006 0.058 110.400 0.060
202009 -0.009 111.700 -0.009
202012 0.626 111.500 0.644
202103 -0.294 112.662 -0.299
202106 0.198 111.769 0.203
202109 0.040 112.215 0.041
202112 0.497 113.108 0.504
202203 -0.325 114.335 -0.326
202206 0.334 114.558 0.334
202209 -0.052 115.339 -0.052
202212 0.325 115.116 0.324
202303 -0.403 115.116 -0.401
202306 0.310 114.558 0.310
202309 -0.417 115.339 -0.415
202312 0.839 114.669 0.839

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.


AVIC Jonhon Optronic Technology Co  (SZSE:002179) 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.


AVIC Jonhon Optronic Technology Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of AVIC Jonhon Optronic Technology Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


AVIC Jonhon Optronic Technology Co (SZSE:002179) Business Description

Traded in Other Exchanges
N/A
Address
No.10 Zhoushan Road, Luoyang, CHN, 471003
AVIC Jonhon Optronic Technology Co Ltd is specialized in research and development of optical, electrical, fluid technology and equipment. The company products are used in aviation, aerospace and military field, communication and data center field, railway transportation field, new energy vehicle field, power equipment, petroleum equipment, medical equipment, and other civil high-end manufacturing fields. It also exports to European countries, the United States, Israel, Australia, Korea, India and so on.

AVIC Jonhon Optronic Technology Co (SZSE:002179) Headlines

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