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Hefei Meyer Optoelectronic Technology (SZSE:002690) Price-to-Free-Cash-Flow : 25.30 (As of May. 26, 2024)


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What is Hefei Meyer Optoelectronic Technology Price-to-Free-Cash-Flow?

As of today (2024-05-26), Hefei Meyer Optoelectronic Technology's share price is ¥17.00. Hefei Meyer Optoelectronic Technology's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥0.67. Hence, Hefei Meyer Optoelectronic Technology's Price-to-Free-Cash-Flow Ratio for today is 25.30.

The historical rank and industry rank for Hefei Meyer Optoelectronic Technology's Price-to-Free-Cash-Flow or its related term are showing as below:

SZSE:002690' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 21.85   Med: 66.16   Max: 257.89
Current: 25.3

During the past 13 years, Hefei Meyer Optoelectronic Technology's highest Price-to-Free-Cash-Flow Ratio was 257.89. The lowest was 21.85. And the median was 66.16.

SZSE:002690's Price-to-Free-Cash-Flow is ranked worse than
57.6% of 1644 companies
in the Industrial Products industry
Industry Median: 20.99 vs SZSE:002690: 25.30

Hefei Meyer Optoelectronic Technology's Free Cash Flow per Share for the three months ended in Mar. 2024 was ¥-0.08. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was ¥0.67.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Hefei Meyer Optoelectronic Technology was 45.80% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 25.60% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 4.20% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 11.40% per year.

During the past 13 years, Hefei Meyer Optoelectronic Technology's highest 3-Year average Free Cash Flow per Share Growth Rate was 43.90% per year. The lowest was -16.50% per year. And the median was 8.80% per year.


Hefei Meyer Optoelectronic Technology Price-to-Free-Cash-Flow Historical Data

The historical data trend for Hefei Meyer Optoelectronic Technology's Price-to-Free-Cash-Flow 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.

Hefei Meyer Optoelectronic Technology Price-to-Free-Cash-Flow Chart

Hefei Meyer Optoelectronic Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.13 92.56 53.07 87.55 26.94

Hefei Meyer Optoelectronic Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Free-Cash-Flow 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 70.07 46.31 34.45 26.94 28.79

Competitive Comparison of Hefei Meyer Optoelectronic Technology's Price-to-Free-Cash-Flow

For the Specialty Industrial Machinery subindustry, Hefei Meyer Optoelectronic Technology's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.


Hefei Meyer Optoelectronic Technology's Price-to-Free-Cash-Flow Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hefei Meyer Optoelectronic Technology's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Hefei Meyer Optoelectronic Technology's Price-to-Free-Cash-Flow falls into.



Hefei Meyer Optoelectronic Technology Price-to-Free-Cash-Flow Calculation

Hefei Meyer Optoelectronic Technology's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=17.00/0.672
=25.30

Hefei Meyer Optoelectronic Technology's Share Price of today is ¥17.00.
Hefei Meyer Optoelectronic Technology's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0.67.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Hefei Meyer Optoelectronic Technology  (SZSE:002690) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Hefei Meyer Optoelectronic Technology Price-to-Free-Cash-Flow Related Terms

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Hefei Meyer Optoelectronic Technology (SZSE:002690) Business Description

Traded in Other Exchanges
N/A
Address
No. 668 Wangjiang Road, Hefei Hi-tech Industrial Development Zone, Anhui Province, Hefei, CHN, 230088
Hefei Meyer Optoelectronic Technology Inc develops, manufactures and sells photoelectric detection and classification equipment. Its products include Color Sorter, X-ray inspection and others.
Executives
Hao Xian Jin Director
Tian Ming Director
Jiang Dong Executives
Zhang Jian Jun Executives
Ni Ying Jiu Executives
Xu Peng Directors, executives
Lin Mao Xian Directors, executives
Xiang Cheng Executives
Zhao Hui Fang Independent director
Han Li Ming Supervisors
Yu Neng Hong Director

Hefei Meyer Optoelectronic Technology (SZSE:002690) Headlines

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