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Joyware Electronics Co (SZSE:300270) Cyclically Adjusted Price-to-FCF : (As of Jun. 04, 2024)


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What is Joyware Electronics Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Joyware Electronics Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Joyware Electronics 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.

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Joyware Electronics Co Cyclically Adjusted Price-to-FCF Chart

Joyware Electronics Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Joyware Electronics Co 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 Joyware Electronics Co's Cyclically Adjusted Price-to-FCF

For the Security & Protection Services subindustry, Joyware Electronics 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.


Joyware Electronics Co's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Joyware Electronics Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Joyware Electronics Co's Cyclically Adjusted Price-to-FCF falls into.



Joyware Electronics 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.

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

For example, Joyware Electronics 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)
=0.034/115.2271*115.2271
=0.034

Current CPI (Mar. 2024) = 115.2271.

Joyware Electronics Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.070 98.200 -0.082
201409 -0.151 98.900 -0.176
201412 0.224 99.000 0.261
201503 -0.058 99.900 -0.067
201506 -0.262 99.500 -0.303
201509 -0.234 100.500 -0.268
201512 -0.065 100.600 -0.074
201603 -0.124 102.200 -0.140
201606 0.007 101.400 0.008
201609 0.088 102.400 0.099
201612 0.075 102.600 0.084
201703 -0.297 103.200 -0.332
201706 -0.029 103.100 -0.032
201709 -0.225 104.100 -0.249
201712 -0.025 104.500 -0.028
201803 -0.335 105.300 -0.367
201806 -0.249 104.900 -0.274
201809 -0.118 106.600 -0.128
201812 0.088 106.500 0.095
201903 -0.180 107.700 -0.193
201906 -0.082 107.700 -0.088
201909 -0.089 109.800 -0.093
201912 0.060 111.200 0.062
202003 0.118 112.300 0.121
202006 0.001 110.400 0.001
202009 -0.015 111.700 -0.015
202012 0.026 111.500 0.027
202103 0.004 112.662 0.004
202106 0.022 111.769 0.023
202109 -0.056 112.215 -0.058
202112 0.031 113.108 0.032
202203 0.055 114.335 0.055
202206 -0.021 114.558 -0.021
202209 -0.006 115.339 -0.006
202212 0.035 115.116 0.035
202303 0.150 115.116 0.150
202306 -0.121 114.558 -0.122
202309 -0.090 115.339 -0.090
202312 0.000 114.781 0.000
202403 0.034 115.227 0.034

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.


Joyware Electronics Co  (SZSE:300270) 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.


Joyware Electronics Co Cyclically Adjusted Price-to-FCF Related Terms

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Joyware Electronics Co (SZSE:300270) Business Description

Traded in Other Exchanges
N/A
Address
No.1819 Xixing Road, 19th, Joyware Building, Hangzhou, CHN, 310051
Joyware Electronics Co Ltd is a Chinese company engaged in providing digital video network monitoring solutions for highways, financial centers, safe cities, boutiques, supermarkets, and apartments. Its products include dome cameras, bullet cameras, fisheye cameras, PTZ cameras, license cameras, and starlight cameras; industrial Ethernet switches, optical transceivers, and wireless products; and storage products, such as NVR and DVR products. In addition, the company also offers OEM and ODM service to various security product companies. The company sells its products in China and other international countries.
Executives
Shi Xu Gang Director
Zhu Wei Ping Directors, executives
Shi Gu Chen Director
Hu Zhi Shui Executives
Xu Zao Jin Directors, executives
Zhu Guang Xin Executives
He Shan Shan Director
Zhu Dong Yu Supervisors
Zhang Liang Zhong Directors, Directors, and Executives

Joyware Electronics Co (SZSE:300270) Headlines

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