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Zhejiang Meishuo Electric Technology Co (SZSE:301295) Price-to-Free-Cash-Flow : 66.56 (As of Jun. 22, 2024)


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What is Zhejiang Meishuo Electric Technology Co Price-to-Free-Cash-Flow?

As of today (2024-06-22), Zhejiang Meishuo Electric Technology Co's share price is ¥17.97. Zhejiang Meishuo Electric Technology Co's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥0.27. Hence, Zhejiang Meishuo Electric Technology Co's Price-to-Free-Cash-Flow Ratio for today is 66.56.

The historical rank and industry rank for Zhejiang Meishuo Electric Technology Co's Price-to-Free-Cash-Flow or its related term are showing as below:

SZSE:301295' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 25.61   Med: 67.87   Max: 247.71
Current: 66.56

During the past 6 years, Zhejiang Meishuo Electric Technology Co's highest Price-to-Free-Cash-Flow Ratio was 247.71. The lowest was 25.61. And the median was 67.87.

SZSE:301295's Price-to-Free-Cash-Flow is ranked worse than
85.93% of 1400 companies
in the Hardware industry
Industry Median: 18.21 vs SZSE:301295: 66.56

Zhejiang Meishuo Electric Technology Co's Free Cash Flow per Share for the three months ended in Mar. 2024 was ¥-0.41. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was ¥0.27.

During the past 3 years, the average Free Cash Flow per Share Growth Rate was -16.50% per year.

During the past 6 years, Zhejiang Meishuo Electric Technology Co's highest 3-Year average Free Cash Flow per Share Growth Rate was -16.50% per year. The lowest was -16.50% per year. And the median was -16.50% per year.


Zhejiang Meishuo Electric Technology Co Price-to-Free-Cash-Flow Historical Data

The historical data trend for Zhejiang Meishuo Electric Technology Co's Price-to-Free-Cash-Flow 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.

Zhejiang Meishuo Electric Technology Co Price-to-Free-Cash-Flow Chart

Zhejiang Meishuo Electric Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial - - - - 40.80

Zhejiang Meishuo Electric Technology Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Free-Cash-Flow 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 - 68.11 259.36 40.80 68.25

Competitive Comparison of Zhejiang Meishuo Electric Technology Co's Price-to-Free-Cash-Flow

For the Electronic Components subindustry, Zhejiang Meishuo Electric Technology Co's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.


Zhejiang Meishuo Electric Technology Co's Price-to-Free-Cash-Flow Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Zhejiang Meishuo Electric Technology Co's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Zhejiang Meishuo Electric Technology Co's Price-to-Free-Cash-Flow falls into.



Zhejiang Meishuo Electric Technology Co Price-to-Free-Cash-Flow Calculation

Zhejiang Meishuo Electric Technology Co's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=17.97/0.27
=66.56

Zhejiang Meishuo Electric Technology Co's Share Price of today is ¥17.97.
Zhejiang Meishuo Electric Technology Co's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.27.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Zhejiang Meishuo Electric Technology Co  (SZSE:301295) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Zhejiang Meishuo Electric Technology Co Price-to-Free-Cash-Flow Related Terms

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Zhejiang Meishuo Electric Technology Co (SZSE:301295) Business Description

Traded in Other Exchanges
N/A
Address
No. 158, Weishier Road, Yueqing Economic Development Zone, Zhejiang, Yueqing, CHN, 325600
Zhejiang Meishuo Electric Technology Co Ltd is engaged in research and development, production and sales of relay control parts and their derivative actuators fluid solenoid valve products. Its main products are automotive relays, mini relays, PCB relays, power relays, latching relays, solenoid water valves, automotive connectors and harnesses.

Zhejiang Meishuo Electric Technology Co (SZSE:301295) Headlines

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