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Shanghai Wondertek Software (SHSE:603189) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Shanghai Wondertek Software Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Wondertek Software Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shanghai Wondertek Software'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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Shanghai Wondertek Software Cyclically Adjusted Price-to-FCF Chart

Shanghai Wondertek Software Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Shanghai Wondertek Software 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 Shanghai Wondertek Software's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Shanghai Wondertek Software'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 Wondertek Software's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

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



Shanghai Wondertek Software 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 Wondertek Software's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Shanghai Wondertek Software'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)
=0.032/114.7809*114.7809
=0.032

Current CPI (Dec23) = 114.7809.

Shanghai Wondertek Software Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.338 99.000 0.392
201512 0.340 100.600 0.388
201612 -0.442 102.600 -0.494
201712 -0.015 104.500 -0.016
201812 -0.007 106.500 -0.008
201912 -0.037 111.200 -0.038
202012 0.036 111.500 0.037
202112 -0.888 113.108 -0.901
202212 -0.422 115.116 -0.421
202312 0.032 114.781 0.032

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 Wondertek Software  (SHSE:603189) 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 Wondertek Software Cyclically Adjusted Price-to-FCF Related Terms

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Shanghai Wondertek Software (SHSE:603189) Business Description

Traded in Other Exchanges
N/A
Address
Pudong New Area, Shanghai Jinqiao Road, No. 27, Building 13, Shanghai, CHN, 201206
Shanghai Wondertek Software Corp Ltd engages in the software research and services. Its business is categorized in multimedia software and mobile internet services, and business intelligence software applications and services. Its products include wonder runtime platform, operating a management system, media assets management, streaming transcoding process, and data marketing analysis.
Executives
Feng Da Director

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