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Hisense Visual Technology Co (SHSE:600060) Cyclically Adjusted Price-to-FCF : 25.22 (As of Jun. 07, 2024)


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What is Hisense Visual Technology Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), Hisense Visual Technology Co's current share price is ¥28.50. Hisense Visual Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥1.13. Hisense Visual Technology Co's Cyclically Adjusted Price-to-FCF for today is 25.22.

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

SHSE:600060' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.93   Med: 24.77   Max: 202.76
Current: 24.23

During the past years, Hisense Visual Technology Co's highest Cyclically Adjusted Price-to-FCF was 202.76. The lowest was 11.93. And the median was 24.77.

SHSE:600060's Cyclically Adjusted Price-to-FCF is ranked better than
58.55% of 965 companies
in the Hardware industry
Industry Median: 30.55 vs SHSE:600060: 24.23

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.

Hisense Visual Technology Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.174. 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 ¥1.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hisense Visual Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hisense Visual 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.

Hisense Visual Technology Co Cyclically Adjusted Price-to-FCF Chart

Hisense Visual 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 15.84 17.88 21.46 13.24 18.41

Hisense Visual Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 17.80 24.56 20.15 18.41 21.15

Competitive Comparison of Hisense Visual Technology Co's Cyclically Adjusted Price-to-FCF

For the Consumer Electronics subindustry, Hisense Visual 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.


Hisense Visual Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Hisense Visual 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.

Hisense Visual 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
=28.50/1.13
=25.22

* 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.

Hisense Visual Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hisense Visual Technology Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.174/115.2271*115.2271
=0.174

Current CPI (Mar. 2024) = 115.2271.

Hisense Visual Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.799 98.200 0.938
201409 -0.219 98.900 -0.255
201412 -0.394 99.000 -0.459
201503 0.055 99.900 0.063
201506 0.246 99.500 0.285
201509 0.022 100.500 0.025
201512 0.296 100.600 0.339
201603 0.284 102.200 0.320
201606 0.822 101.400 0.934
201609 1.708 102.400 1.922
201612 -1.135 102.600 -1.275
201703 -0.126 103.200 -0.141
201706 -0.149 103.100 -0.167
201709 0.942 104.100 1.043
201712 0.938 104.500 1.034
201803 -0.267 105.300 -0.292
201806 1.118 104.900 1.228
201809 -0.679 106.600 -0.734
201812 -0.445 106.500 -0.481
201903 1.032 107.700 1.104
201906 -0.490 107.700 -0.524
201909 0.429 109.800 0.450
201912 0.188 111.200 0.195
202003 0.115 112.300 0.118
202006 0.742 110.400 0.774
202009 -0.910 111.700 -0.939
202012 -0.102 111.500 -0.105
202103 -1.090 112.662 -1.115
202106 -0.195 111.769 -0.201
202109 -0.088 112.215 -0.090
202112 1.586 113.108 1.616
202203 0.914 114.335 0.921
202206 1.560 114.558 1.569
202209 0.335 115.339 0.335
202212 0.838 115.116 0.839
202303 1.363 115.116 1.364
202306 -1.017 114.558 -1.023
202309 1.266 115.339 1.265
202312 0.249 114.781 0.250
202403 0.174 115.227 0.174

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.


Hisense Visual Technology Co  (SHSE:600060) 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.


Hisense Visual Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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


Hisense Visual Technology Co (SHSE:600060) Business Description

Traded in Other Exchanges
N/A
Address
No.218, Qian Wangang Road, Economic and Technological Development Zone, Shandong Province, Qingdao, CHN, 266555
Hisense Visual Technology Co Ltd is engaged in the distribution and servicing of home appliances, telecommunications, green energy-saving refrigeration technology, and information technologies. Its brand includes Kelon, Ronshen, Vidaa among others.
Executives
Li Jia senior management
Yu Zhi Tao Directors, senior managers
Liu Sha Sha senior management
Cheng Kai Xun Director
Wu Hai Yan senior management
Lin Lan Director
Dai Hui Zhong Director
Zhou Hou Jian Director
Xia Feng senior management
Liu Jiang Yan senior management
Tian Ye Director
Yu Shu Min Director
Liu Hong Xin Director
Mi Liang Yuan senior management
Liu Xin senior management

Hisense Visual Technology Co (SHSE:600060) Headlines

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