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Ningbo Joyson Electronic (SHSE:600699) Cyclically Adjusted Price-to-FCF : (As of Jun. 05, 2024)


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What is Ningbo Joyson Electronic Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ningbo Joyson Electronic Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ningbo Joyson Electronic'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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Ningbo Joyson Electronic Cyclically Adjusted Price-to-FCF Chart

Ningbo Joyson Electronic Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Ningbo Joyson Electronic Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Ningbo Joyson Electronic's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Ningbo Joyson Electronic'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.


Ningbo Joyson Electronic's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ningbo Joyson Electronic's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Ningbo Joyson Electronic's Cyclically Adjusted Price-to-FCF falls into.



Ningbo Joyson Electronic 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.

Ningbo Joyson Electronic's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Ningbo Joyson Electronic'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)
=-0.205/115.2271*115.2271
=-0.205

Current CPI (Mar. 2024) = 115.2271.

Ningbo Joyson Electronic Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.022 98.200 -0.026
201409 -0.349 98.900 -0.407
201412 0.476 99.000 0.554
201503 -0.320 99.900 -0.369
201506 0.136 99.500 0.157
201509 -0.088 100.500 -0.101
201512 -0.031 100.600 -0.036
201603 -0.176 102.200 -0.198
201606 -0.495 101.400 -0.562
201609 -0.202 102.400 -0.227
201612 -0.512 102.600 -0.575
201703 -0.248 103.200 -0.277
201706 -0.202 103.100 -0.226
201709 -0.510 104.100 -0.565
201712 0.066 104.500 0.073
201803 -0.613 105.300 -0.671
201806 0.653 104.900 0.717
201809 -0.808 106.600 -0.873
201812 0.425 106.500 0.460
201903 -0.802 107.700 -0.858
201906 0.369 107.700 0.395
201909 -0.514 109.800 -0.539
201912 0.501 111.200 0.519
202003 -0.757 112.300 -0.777
202006 -1.263 110.400 -1.318
202009 0.479 111.700 0.494
202012 1.154 111.500 1.193
202103 -0.398 112.662 -0.407
202106 0.199 111.769 0.205
202109 -0.572 112.215 -0.587
202112 0.249 113.108 0.254
202203 -0.373 114.335 -0.376
202206 -0.323 114.558 -0.325
202209 -0.300 115.339 -0.300
202212 0.113 115.116 0.113
202303 -0.166 115.116 -0.166
202306 0.119 114.558 0.120
202309 -0.036 115.339 -0.036
202312 0.194 114.781 0.195
202403 -0.205 115.227 -0.205

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.


Ningbo Joyson Electronic  (SHSE:600699) 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.


Ningbo Joyson Electronic Cyclically Adjusted Price-to-FCF Related Terms

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Ningbo Joyson Electronic (SHSE:600699) Business Description

Traded in Other Exchanges
N/A
Address
No. 1266 Road, Zhejiang Province, High-tech Zone, Ningbo, CHN, 136200
Ningbo Joyson Electronic Corp is an automotive supplier. Some of the products that the company caters to the global automotive industry are - Driver controls, Climate control, Sensor systems, Electronic control units, Car connect, Active safety, Passive safety, Air Intake systems, Washer systems, Air management systems, Mirror systems, Front griller, Fuel tank door, and Steering wheel.
Executives
Wang Jian Feng Director
Zhou Gui Tian Supervisors
Liu Guang Quan Supervisors
Jian Shi Hui Fu Zhu Xi Supervisors

Ningbo Joyson Electronic (SHSE:600699) Headlines

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