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37 Interactive Entertainment Network Technology Group Co (SZSE:002555) Cyclically Adjusted Price-to-FCF : 19.94 (As of Apr. 29, 2024)


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What is 37 Interactive Entertainment Network Technology Group Co Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), 37 Interactive Entertainment Network Technology Group Co's current share price is ¥16.95. 37 Interactive Entertainment Network Technology Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ¥0.85. 37 Interactive Entertainment Network Technology Group Co's Cyclically Adjusted Price-to-FCF for today is 19.94.

The historical rank and industry rank for 37 Interactive Entertainment Network Technology Group Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SZSE:002555' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.85   Med: 43.27   Max: 125.62
Current: 19.42

During the past years, 37 Interactive Entertainment Network Technology Group Co's highest Cyclically Adjusted Price-to-FCF was 125.62. The lowest was 18.85. And the median was 43.27.

SZSE:002555's Cyclically Adjusted Price-to-FCF is ranked better than
56.62% of 136 companies
in the Interactive Media industry
Industry Median: 22.41 vs SZSE:002555: 19.42

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.

37 Interactive Entertainment Network Technology Group Co's adjusted free cash flow per share data for the three months ended in Dec. 2023 was ¥-0.248. 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 ¥0.85 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


37 Interactive Entertainment Network Technology Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for 37 Interactive Entertainment Network Technology 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.

* Premium members only.

37 Interactive Entertainment Network Technology Group Co Cyclically Adjusted Price-to-FCF Chart

37 Interactive Entertainment Network Technology Group 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 83.97 71.91 43.88 23.28 22.06

37 Interactive Entertainment Network Technology Group 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 23.28 34.16 40.04 24.49 22.06

Competitive Comparison of 37 Interactive Entertainment Network Technology Group Co's Cyclically Adjusted Price-to-FCF

For the Electronic Gaming & Multimedia subindustry, 37 Interactive Entertainment Network Technology 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.


37 Interactive Entertainment Network Technology Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, 37 Interactive Entertainment Network Technology Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where 37 Interactive Entertainment Network Technology Group Co's Cyclically Adjusted Price-to-FCF falls into.



37 Interactive Entertainment Network Technology 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.

37 Interactive Entertainment Network Technology Group Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=16.95/0.85
=19.94

* 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.

37 Interactive Entertainment Network Technology Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, 37 Interactive Entertainment Network Technology Group 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)
=-0.248/114.6694*114.6694
=-0.248

Current CPI (Dec. 2023) = 114.6694.

37 Interactive Entertainment Network Technology Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.004 98.600 0.005
201406 0.003 98.200 0.004
201409 -0.015 98.900 -0.017
201412 0.078 99.000 0.090
201503 0.076 99.900 0.087
201506 0.110 99.500 0.127
201509 0.215 100.500 0.245
201512 0.136 100.600 0.155
201603 0.002 102.200 0.002
201606 0.113 101.400 0.128
201609 0.127 102.400 0.142
201612 0.159 102.600 0.178
201703 0.203 103.200 0.226
201706 0.047 103.100 0.052
201709 -0.047 104.100 -0.052
201712 0.181 104.500 0.199
201803 0.223 105.300 0.243
201806 0.168 104.900 0.184
201809 0.150 106.600 0.161
201812 0.217 106.500 0.234
201903 0.063 107.700 0.067
201906 0.205 107.700 0.218
201909 0.597 109.800 0.623
201912 0.504 111.200 0.520
202003 0.414 112.300 0.423
202006 0.286 110.400 0.297
202009 -0.027 111.700 -0.028
202012 0.205 111.500 0.211
202103 0.259 112.662 0.264
202106 0.245 111.769 0.251
202109 0.343 112.215 0.351
202112 0.644 113.108 0.653
202203 0.258 114.335 0.259
202206 0.532 114.558 0.533
202209 0.326 115.339 0.324
202212 0.349 115.116 0.348
202303 0.571 115.116 0.569
202306 0.408 114.558 0.408
202309 0.094 115.339 0.093
202312 -0.248 114.669 -0.248

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.


37 Interactive Entertainment Network Technology Group Co  (SZSE:002555) 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.


37 Interactive Entertainment Network Technology Group Co Cyclically Adjusted Price-to-FCF Related Terms

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37 Interactive Entertainment Network Technology Group Co (SZSE:002555) Business Description

Traded in Other Exchanges
N/A
Address
Middle Beijing Road, 11th Floor, Creative Advertising Complex, Wuhu Advertising Industrial Park, Anhui Province, Wuhu, CHN, 241000
37 Interactive Entertainment Network Technology Group Co Ltd is involved in interactive entertainment business mainly focuses on the research, development, publishing, and operation of mobile games and browser games, while arranging pan-entertainment business including film and TV, animation, music. The company steadily promoted the development strategy of platformization, globalization, and pan-entertainment for interactive entertainment business based on IP.

37 Interactive Entertainment Network Technology Group Co (SZSE:002555) Headlines

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