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360 Security Technology (SHSE:601360) Cyclically Adjusted Price-to-FCF : 40.75 (As of May. 26, 2024)


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What is 360 Security Technology Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), 360 Security Technology's current share price is ¥8.15. 360 Security Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.20. 360 Security Technology's Cyclically Adjusted Price-to-FCF for today is 40.75.

The historical rank and industry rank for 360 Security Technology's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:601360' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 22.55   Med: 41.75   Max: 68.89
Current: 40.14

During the past years, 360 Security Technology's highest Cyclically Adjusted Price-to-FCF was 68.89. The lowest was 22.55. And the median was 41.75.

SHSE:601360's Cyclically Adjusted Price-to-FCF is ranked worse than
60.82% of 661 companies
in the Software industry
Industry Median: 29.5 vs SHSE:601360: 40.14

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.

360 Security Technology's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.077. 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 ¥0.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


360 Security Technology Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for 360 Security Technology'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.

360 Security Technology Cyclically Adjusted Price-to-FCF Chart

360 Security Technology 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 - 46.94 40.08 25.76 39.15

360 Security Technology 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 65.58 56.09 48.52 39.15 42.95

Competitive Comparison of 360 Security Technology's Cyclically Adjusted Price-to-FCF

For the Software - Infrastructure subindustry, 360 Security Technology'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.


360 Security Technology's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, 360 Security Technology's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where 360 Security Technology's Cyclically Adjusted Price-to-FCF falls into.



360 Security Technology 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.

360 Security Technology's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=8.15/0.2
=40.75

* 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.

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

For example, 360 Security Technology'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)
=-0.077/115.2271*115.2271
=-0.077

Current CPI (Mar. 2024) = 115.2271.

360 Security Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.338 98.200 0.397
201409 -0.093 98.900 -0.108
201412 -0.150 99.000 -0.175
201503 -0.231 99.900 -0.266
201506 0.062 99.500 0.072
201509 0.319 100.500 0.366
201512 0.042 100.600 0.048
201603 -0.248 102.200 -0.280
201606 0.212 101.400 0.241
201609 -0.010 102.400 -0.011
201612 0.027 102.600 0.030
201703 0.118 103.200 0.132
201706 0.089 103.100 0.099
201709 0.150 104.100 0.166
201712 0.255 104.500 0.281
201803 0.128 105.300 0.140
201806 0.182 104.900 0.200
201809 0.030 106.600 0.032
201812 0.146 106.500 0.158
201903 0.040 107.700 0.043
201906 0.094 107.700 0.101
201909 0.070 109.800 0.073
201912 0.102 111.200 0.106
202003 -0.032 112.300 -0.033
202006 0.044 110.400 0.046
202009 0.088 111.700 0.091
202012 0.106 111.500 0.110
202103 -0.046 112.662 -0.047
202106 0.003 111.769 0.003
202109 -0.007 112.215 -0.007
202112 0.018 113.108 0.018
202203 -0.057 114.335 -0.057
202206 -0.005 114.558 -0.005
202209 -0.006 115.339 -0.006
202212 0.081 115.116 0.081
202303 -0.016 115.116 -0.016
202306 0.004 114.558 0.004
202309 -0.007 115.339 -0.007
202312 0.088 114.781 0.088
202403 -0.077 115.227 -0.077

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.


360 Security Technology  (SHSE:601360) 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.


360 Security Technology Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of 360 Security Technology's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


360 Security Technology (SHSE:601360) Business Description

Traded in Other Exchanges
N/A
Address
718 Ying Ting Road, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN, 100015
360 Security Technology Inc is an internet security company in China. It has developed the 360 ??security system with hundreds of millions of users Guards, 360 mobile guards, and other security products. It uses big data, cloud computing, and artificial intelligence technology, to create 360 mobile phone, 360 children smartwatch, 360 smart cameras, 360 driving recorder and 360 security router. It also provides other Internet services including search, live broadcast, games, film and television, finance, and news for its users.
Executives
Zhao Lu Ming senior management

360 Security Technology (SHSE:601360) Headlines

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