{
    "id": "VAL-008",
    "category": "VAL",
    "title": "自由現金流倍數歷史",
    "question": "市場是否在為現金生產能力支付越來越高的價格？",
    "chart": "line",
    "metric": "P / FCF（倍）",
    "secondary": "TTM FCF（百萬 USD）",
    "x": "歷史市值週點",
    "y": "P/FCF（倍）",
    "panels": [
        "P/FCF 走勢",
        "FCF 分母",
        "負值與缺值期間"
    ],
    "filters": [
        "股票 / 同業池",
        "估值日期",
        "倍數 / 假設情境"
    ],
    "apis": [
        "MARKETCAP",
        "FUND",
        "FX"
    ],
    "calculation": "歷史週市值除以當時已披露四季 OCF 減已校準資本開支，零或負 FCF 週點遮罩並展示原金額。",
    "caveat": "FCF 定義與一次性營運資金變動敏感；只繪可用市場與期間。；預覽數值全為合成示例，非即時行情。非美股及港股欄位、歷史深度按股票實際覆蓋。歷史股票市值只覆蓋 NYSE/NASDAQ，自 2021-07-09 起為週頻及 USD；財務資料按 filing_date 後才可用。若無已保存原始版本，只稱歷史重建，不能宣稱無前視偏誤回測。",
    "data_class": "衍生",
    "complexity": "高",
    "audience": "進階",
    "reach": 9,
    "frequency": 8,
    "decision": 10,
    "clarity": 8,
    "sample_labels": [
        "起點",
        "低倍數期",
        "中段",
        "高倍數期",
        "最近週"
    ],
    "cadence": "收市後更新價格；新財報入庫後重算",
    "category_name": "估值",
    "score": 88.5,
    "requires_user_input": false,
    "requires_extra_plan": false,
    "source_urls": [
        "https://eodhd.com/financial-apis/historical-market-capitalization-api",
        "https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds",
        "https://eodhd.com/financial-apis/list-supported-forex-currencies"
    ],
    "rank": 135,
    "stage": "P1",
    "svg_file": "mockups/0135-VAL-008.svg",
    "demo_fingerprint": "436291559c5be59b",
    "collection": "catalogue",
    "sample_annotation": {
        "sample": true,
        "as_of": "2026-10-16",
        "notice": "Charts and tables for this report are generated, deterministic synthetic sample observations for educational layout and unit demonstration only. No provider, market data or analysis engine is called, and nothing here is a statement about real securities.",
        "notice_zh": "此報告的圖表與數據為確定性生成的合成示例數據，僅供教育及版面展示；並無連接任何資料供應商或實際分析引擎，不代表任何真實證券的表現。",
        "default_filters": {
            "symbol": "0700.HK",
            "period": "1Y",
            "benchmark": "HSI"
        },
        "filters": {
            "symbol": [
                "0700.HK",
                "0005.HK",
                "AAPL.US",
                "MSFT.US",
                "SPY.US",
                "BTC-USD.CC"
            ],
            "period": [
                "1Y",
                "3Y",
                "5Y"
            ],
            "benchmark": [
                "HSI",
                "SPX",
                "BTC"
            ]
        },
        "library": {
            "version": "2026-10-19",
            "source": "https://chatgpt.com/share/6ad67223-c610-83e8-adb2-33aaf792e584",
            "sample": true
        }
    }
}