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Shenzhen FRD Science & Techonology Co (SZSE:300602) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is Shenzhen FRD Science & Techonology Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shenzhen FRD Science & Techonology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shenzhen FRD Science & Techonology 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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Shenzhen FRD Science & Techonology Co Cyclically Adjusted Price-to-FCF Chart

Shenzhen FRD Science & Techonology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Shenzhen FRD Science & Techonology 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 Shenzhen FRD Science & Techonology Co's Cyclically Adjusted Price-to-FCF

For the Electronic Components subindustry, Shenzhen FRD Science & Techonology 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.


Shenzhen FRD Science & Techonology Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen FRD Science & Techonology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shenzhen FRD Science & Techonology Co's Cyclically Adjusted Price-to-FCF falls into.



Shenzhen FRD Science & Techonology 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.

Shenzhen FRD Science & Techonology Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Shenzhen FRD Science & Techonology Co'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)
=0.206/114.7809*114.7809
=0.206

Current CPI (Dec23) = 114.7809.

Shenzhen FRD Science & Techonology Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.081 99.000 0.094
201512 0.141 100.600 0.161
201612 0.083 102.600 0.093
201712 0.090 104.500 0.099
201812 -0.395 106.500 -0.426
201912 -0.216 111.200 -0.223
202012 -0.362 111.500 -0.373
202112 -1.291 113.108 -1.310
202212 -1.237 115.116 -1.233
202312 0.206 114.781 0.206

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.


Shenzhen FRD Science & Techonology Co  (SZSE:300602) 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.


Shenzhen FRD Science & Techonology Co Cyclically Adjusted Price-to-FCF Related Terms

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Shenzhen FRD Science & Techonology Co (SZSE:300602) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Gaofa Industrial Park, Maotoushan, FRD Building, Beihuan Boulevard, 1st to 6th Floor, Nanshan District, Guangdong Province, Shenzhen, CHN, 518055
Shenzhen FRD Science & Techonology Co Ltd is a China based company engaged in manufacturing of EMI shielding materials, Thermal interface materials and other related electronic materials. The company has a business presence in China, and other countries. EMI shielding materials include metal shielding products, electrically conductive elastomer, fabric over foam and conductive, electrically conductive plastics, and microwave absorber. Thermal materials comprise graphite film, thermal interface material, and thermally conductive plastics. The other supporting materials offered by the entity are PUR hot melt adhesive, and graphics overlay and labels.
Executives
Ma Fei Director
Du Jin Song Directors, executives
Zhang Quan Hong Executives
Xie Huo Gui Supervisors
Liu Yi Executives
Wang Yan Directors, executives
Ma Jun Directors, executives
Lan Yu Hong Executives
Qiu Huan Wen Directors, executives
Shi Wei Min Executives
Lai Xiang Dong Independent director

Shenzhen FRD Science & Techonology Co (SZSE:300602) Headlines

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