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Putian Communication Group (HKSE:01720) Cyclically Adjusted Price-to-FCF : (As of Jun. 12, 2024)


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What is Putian Communication Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Putian Communication Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Putian Communication Group'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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Putian Communication Group Cyclically Adjusted Price-to-FCF Chart

Putian Communication Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Putian Communication Group Semi-Annual Data
Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Putian Communication Group's Cyclically Adjusted Price-to-FCF

For the Communication Equipment subindustry, Putian Communication Group'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.


Putian Communication Group's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

* The bar in red indicates where Putian Communication Group's Cyclically Adjusted Price-to-FCF falls into.



Putian Communication Group 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.

Putian Communication Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Putian Communication Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.037/114.7809*114.7809
=-0.037

Current CPI (Dec23) = 114.7809.

Putian Communication Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.003 99.000 0.003
201512 0.003 100.600 0.003
201612 0.041 102.600 0.046
201712 -0.015 104.500 -0.016
201812 -0.008 106.500 -0.009
201912 -0.096 111.200 -0.099
202012 -0.009 111.500 -0.009
202112 -0.027 113.108 -0.027
202212 -0.047 115.116 -0.047
202312 -0.037 114.781 -0.037

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.


Putian Communication Group  (HKSE:01720) 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.


Putian Communication Group Cyclically Adjusted Price-to-FCF Related Terms

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Putian Communication Group (HKSE:01720) Business Description

Traded in Other Exchanges
N/A
Address
No. 8899 ChangDong Avenue, Hi-tech Development Zone, Jiangxi Province, Nanchang, CHN
Putian Communication Group Ltd, along with its subsidiaries, is a communication cable manufacturer and structured cabling system product provider. The company's products include optical Fiber, Optical cable, digital communication cables, security cables, panels, jumpers, cabinet chassis, and others. The operating segments of the group are Optical fibers and Optical fiber cables, Communication copper cables, and Structured cabling system products. It generates maximum revenue from the Communication copper cables segment. The group's revenue is derived from the PRC.
Executives
Arcenciel Capital Co., Ltd 2101 Beneficial owner
Wang Qiuping 2201 Interest of corporation controlled by you
Point Stone Capital Co., Ltd. 2101 Beneficial owner
Zhao Xiaobao 2201 Interest of corporation controlled by you
Zhong Hang Zi Ben Guo Ji Kong Gu You Xian Gong Si 2106 Person having a security interest in shares
Zhong Hang Zi Ben Kong Gu Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you

Putian Communication Group (HKSE:01720) Headlines

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