GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Hwa Create Corp (SZSE:300045) » Definitions » Cyclically Adjusted Price-to-FCF

Hwa Create (SZSE:300045) Cyclically Adjusted Price-to-FCF : (As of May. 19, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Hwa Create Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hwa Create Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hwa Create'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.

Hwa Create Cyclically Adjusted Price-to-FCF Chart

Hwa Create 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 - - - - -

Hwa Create 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 - - - - -

Competitive Comparison of Hwa Create's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, Hwa Create'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.


Hwa Create's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Hwa Create's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Hwa Create's Cyclically Adjusted Price-to-FCF falls into.



Hwa Create 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.

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

For example, Hwa Create'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)
=0.045/115.2271*115.2271
=0.045

Current CPI (Mar. 2024) = 115.2271.

Hwa Create Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.004 98.200 -0.005
201409 -0.047 98.900 -0.055
201412 0.076 99.000 0.088
201503 -0.150 99.900 -0.173
201506 -0.038 99.500 -0.044
201509 0.026 100.500 0.030
201512 0.007 100.600 0.008
201603 -0.084 102.200 -0.095
201606 -0.031 101.400 -0.035
201609 -0.091 102.400 -0.102
201612 0.127 102.600 0.143
201703 -0.108 103.200 -0.121
201706 -0.039 103.100 -0.044
201709 -0.098 104.100 -0.108
201712 0.052 104.500 0.057
201803 -0.025 105.300 -0.027
201806 -0.096 104.900 -0.105
201809 -0.011 106.600 -0.012
201812 -0.014 106.500 -0.015
201903 -0.150 107.700 -0.160
201906 -0.033 107.700 -0.035
201909 -0.073 109.800 -0.077
201912 0.070 111.200 0.073
202003 -0.132 112.300 -0.135
202006 0.017 110.400 0.018
202009 -0.100 111.700 -0.103
202012 0.239 111.500 0.247
202103 -0.203 112.662 -0.208
202106 -0.045 111.769 -0.046
202109 0.038 112.215 0.039
202112 0.176 113.108 0.179
202203 -0.091 114.335 -0.092
202206 0.018 114.558 0.018
202209 -0.046 115.339 -0.046
202212 0.074 115.116 0.074
202303 -0.044 115.116 -0.044
202306 -0.141 114.558 -0.142
202309 -0.060 115.339 -0.060
202312 0.217 114.781 0.218
202403 0.045 115.227 0.045

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.


Hwa Create  (SZSE:300045) 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.


Hwa Create Cyclically Adjusted Price-to-FCF Related Terms

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


Hwa Create (SZSE:300045) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Dongbeiwangxi Road, Chuangtong Technology Building, Building 18, Zhongguancun Software Park, Haidian District, Beijing, CHN, 100193
Hwa Create Corp is a China-based company engaged in the research and development, manufacturing, and sale of technologies and products of satellite navigation, radar and communication, navigation and communication antenna and embedded system. Its products are used in electromechanical industries of aviation, aerospace, ship and emulation training. The products of the company include Beidou satellite navigation chips, application modules, and their corresponding simulated test devices, designated antenna for satellite navigation, embedded modules and simulated test devices for radar and communication system, computer simulation and test platform for the electromechanical system, and computer simulation application development services.

Hwa Create (SZSE:300045) Headlines

No Headlines