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Shanghai Baosight Software Co (SHSE:600845) Cyclically Adjusted Price-to-FCF : 123.59 (As of Jun. 02, 2024)


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What is Shanghai Baosight Software Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-02), Shanghai Baosight Software Co's current share price is ¥39.55. Shanghai Baosight Software Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.32. Shanghai Baosight Software Co's Cyclically Adjusted Price-to-FCF for today is 123.59.

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

SHSE:600845' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 99.13   Med: 284.86   Max: 1096.57
Current: 123.09

During the past years, Shanghai Baosight Software Co's highest Cyclically Adjusted Price-to-FCF was 1096.57. The lowest was 99.13. And the median was 284.86.

SHSE:600845's Cyclically Adjusted Price-to-FCF is ranked worse than
87% of 677 companies
in the Software industry
Industry Median: 28.27 vs SHSE:600845: 123.09

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.

Shanghai Baosight Software Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.132. 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 ¥0.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Baosight Software Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shanghai Baosight Software 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.

Shanghai Baosight Software Co Cyclically Adjusted Price-to-FCF Chart

Shanghai Baosight Software 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 539.80 523.07 377.11 185.84 166.64

Shanghai Baosight Software 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 215.87 195.57 159.51 166.64 118.11

Competitive Comparison of Shanghai Baosight Software Co's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Shanghai Baosight Software 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.


Shanghai Baosight Software Co's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Shanghai Baosight Software Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shanghai Baosight Software Co's Cyclically Adjusted Price-to-FCF falls into.



Shanghai Baosight Software 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.

Shanghai Baosight Software Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=39.55/0.32
=123.59

* 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.

Shanghai Baosight Software Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shanghai Baosight Software 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)
=0.132/115.2271*115.2271
=0.132

Current CPI (Mar. 2024) = 115.2271.

Shanghai Baosight Software Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.027 98.200 -0.032
201409 0.063 98.900 0.073
201412 0.016 99.000 0.019
201503 -0.028 99.900 -0.032
201506 0.006 99.500 0.007
201509 0.090 100.500 0.103
201512 -0.167 100.600 -0.191
201603 0.022 102.200 0.025
201606 0.150 101.400 0.170
201609 -0.053 102.400 -0.060
201612 -0.004 102.600 -0.004
201703 0.082 103.200 0.092
201706 0.108 103.100 0.121
201709 -0.022 104.100 -0.024
201712 -0.006 104.500 -0.007
201803 0.005 105.300 0.005
201806 0.066 104.900 0.072
201809 0.036 106.600 0.039
201812 0.030 106.500 0.032
201903 -0.007 107.700 -0.007
201906 0.060 107.700 0.064
201909 0.046 109.800 0.048
201912 -0.107 111.200 -0.111
202003 0.023 112.300 0.024
202006 0.262 110.400 0.273
202009 0.179 111.700 0.185
202012 -0.076 111.500 -0.079
202103 0.105 112.662 0.107
202106 0.179 111.769 0.185
202109 0.098 112.215 0.101
202112 0.008 113.108 0.008
202203 0.418 114.335 0.421
202206 0.266 114.558 0.268
202209 0.141 115.339 0.141
202212 0.113 115.116 0.113
202303 0.141 115.116 0.141
202306 0.324 114.558 0.326
202309 0.225 115.339 0.225
202312 0.239 114.781 0.240
202403 0.132 115.227 0.132

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.


Shanghai Baosight Software Co  (SHSE:600845) 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.


Shanghai Baosight Software Co Cyclically Adjusted Price-to-FCF Related Terms

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


Shanghai Baosight Software Co (SHSE:600845) Business Description

Traded in Other Exchanges
Address
No. 515 Guoshoujing Road, Zhangjiang New and High-Technology Park, Pudong, Shanghai, CHN, 201203
Shanghai Baosight Software Co Ltd is the IT software business unit of Baosteel. It offers products and services in sectors such as the iron and steel, transportation, service outsourcing, mining and extracting, nonferrous, and petrochemical industries. its product includes Metallurgical Industry Information System Architecture Integrating Intelligent, Robots, unmanned and other intelligent equipment, highly automated control software and systems, and agile, flexible, intelligent MOM solution.
Executives
Song Jian Hai senior management
Xia Xue Song Director
Chen Jian senior management
Liang Yue Yong senior management
Wang Jian Hu Directors, senior managers
Song Shi Wei senior management
Lv Zi Nan senior management
Zhou Jian Ping senior management
Hu Guo Fen senior management
Zhu Xiang Kai Director
Huang Min Qin Director
Feng Wei Min Supervisors
Zhang Shuo Gong Director
Chen Jian Dong Mi senior management
Chen Jian Fu Zong senior management

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