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Beijing Kingsoft Office Software (SHSE:688111) Cyclically Adjusted Price-to-FCF : 149.73 (As of May. 24, 2024)


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What is Beijing Kingsoft Office Software Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Beijing Kingsoft Office Software's current share price is ¥272.50. Beijing Kingsoft Office Software's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was ¥1.82. Beijing Kingsoft Office Software's Cyclically Adjusted Price-to-FCF for today is 149.73.

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

SHSE:688111' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 115.31   Med: 144.86   Max: 181.18
Current: 154.29

During the past 10 years, Beijing Kingsoft Office Software's highest Cyclically Adjusted Price-to-FCF was 181.18. The lowest was 115.31. And the median was 144.86.

SHSE:688111's Cyclically Adjusted Price-to-FCF is ranked worse than
89.63% of 656 companies
in the Software industry
Industry Median: 29.52 vs SHSE:688111: 154.29

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.

Beijing Kingsoft Office Software's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was ¥4.091. 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 ¥1.82 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beijing Kingsoft Office Software Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Beijing Kingsoft Office 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.

* Premium members only.

Beijing Kingsoft Office Software Cyclically Adjusted Price-to-FCF Chart

Beijing Kingsoft Office Software 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 - - - - 173.57

Beijing Kingsoft Office Software 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 - - - 173.57 -

Competitive Comparison of Beijing Kingsoft Office Software's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Beijing Kingsoft Office 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.


Beijing Kingsoft Office Software's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

* The bar in red indicates where Beijing Kingsoft Office Software's Cyclically Adjusted Price-to-FCF falls into.



Beijing Kingsoft Office 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.

Beijing Kingsoft Office Software's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=272.50/1.82
=149.73

* 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.

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

For example, Beijing Kingsoft Office 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)
=4.091/114.7809*114.7809
=4.091

Current CPI (Dec23) = 114.7809.

Beijing Kingsoft Office Software Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.063 99.000 0.073
201512 0.138 100.600 0.157
201612 0.219 102.600 0.245
201712 0.888 104.500 0.975
201812 1.012 106.500 1.091
201912 1.422 111.200 1.468
202012 3.165 111.500 3.258
202112 3.723 113.108 3.778
202212 3.090 115.116 3.081
202312 4.091 114.781 4.091

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.


Beijing Kingsoft Office Software  (SHSE:688111) 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.


Beijing Kingsoft Office Software Cyclically Adjusted Price-to-FCF Related Terms

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


Beijing Kingsoft Office Software (SHSE:688111) Business Description

Traded in Other Exchanges
N/A
Address
No.33 Xiaoying West Road, Jinshan Software Building, Haidian District, Beijing, CHN, 100085
Beijing Kingsoft Office Software Inc is engaged in designing, development and sale of WPS Office software products and services. Its product portfolio includes WPS Office Pro 2016, WPS mobile office platform, WPS Office Personal Edition, WPS Office Mobile, and Kingsoft Power Enterprise Edition.

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