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GKHT Medical Technology Co (SZSE:301370) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is GKHT Medical Technology Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


GKHT Medical Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for GKHT Medical Technology 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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GKHT Medical Technology Co Cyclically Adjusted Price-to-FCF Chart

GKHT Medical Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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GKHT Medical Technology Co Quarterly Data
Dec17 Dec18 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 GKHT Medical Technology Co's Cyclically Adjusted Price-to-FCF

For the Medical Devices subindustry, GKHT Medical Technology 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.


GKHT Medical Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, GKHT Medical Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where GKHT Medical Technology Co's Cyclically Adjusted Price-to-FCF falls into.



GKHT Medical Technology 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.

GKHT Medical Technology Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, GKHT Medical Technology 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)
=1.316/114.7809*114.7809
=1.316

Current CPI (Dec23) = 114.7809.

GKHT Medical Technology Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.000 99.000 0.000
201512 0.000 100.600 0.000
201612 -1.716 102.600 -1.920
201712 -0.850 104.500 -0.934
201812 -1.582 106.500 -1.705
201912 -1.571 111.200 -1.622
202012 -0.738 111.500 -0.760
202112 0.366 113.108 0.371
202212 0.531 115.116 0.529
202312 1.316 114.781 1.316

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.


GKHT Medical Technology Co  (SZSE:301370) 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.


GKHT Medical Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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GKHT Medical Technology Co (SZSE:301370) Business Description

Traded in Other Exchanges
N/A
Address
No. 25, Jinghai 4th Road, Room 501C, 5th Floor, Building 6, Economic and Technological Development Zone, Beijing, CHN, 100176
GKHT Medical Technology Co Ltd is engaged in the distribution and direct sales of medical devices, providing professional services such as warehousing logistics distribution, distribution channel management, distribution process information management, and hospital SPD operation management.

GKHT Medical Technology Co (SZSE:301370) Headlines

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