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CSSC Offshore & Marine Engineering (Group) Co (HKSE:00317) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is CSSC Offshore & Marine Engineering (Group) Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


CSSC Offshore & Marine Engineering (Group) Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CSSC Offshore & Marine Engineering (Group) 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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CSSC Offshore & Marine Engineering (Group) Co Cyclically Adjusted Price-to-FCF Chart

CSSC Offshore & Marine Engineering (Group) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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CSSC Offshore & Marine Engineering (Group) 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 CSSC Offshore & Marine Engineering (Group) Co's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, CSSC Offshore & Marine Engineering (Group) 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.


CSSC Offshore & Marine Engineering (Group) Co's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, CSSC Offshore & Marine Engineering (Group) Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where CSSC Offshore & Marine Engineering (Group) Co's Cyclically Adjusted Price-to-FCF falls into.



CSSC Offshore & Marine Engineering (Group) 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.

CSSC Offshore & Marine Engineering (Group) Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CSSC Offshore & Marine Engineering (Group) 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)
=-2.654/115.2271*115.2271
=-2.654

Current CPI (Mar. 2024) = 115.2271.

CSSC Offshore & Marine Engineering (Group) Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.509 98.200 -1.771
201409 -0.607 98.900 -0.707
201412 3.075 99.000 3.579
201503 -3.444 99.900 -3.972
201506 -0.337 99.500 -0.390
201509 -1.254 100.500 -1.438
201512 2.982 100.600 3.416
201603 -1.616 102.200 -1.822
201606 -1.795 101.400 -2.040
201609 -2.021 102.400 -2.274
201612 1.520 102.600 1.707
201703 -1.712 103.200 -1.912
201706 -1.564 103.100 -1.748
201709 -0.242 104.100 -0.268
201712 2.397 104.500 2.643
201803 -1.777 105.300 -1.945
201806 -0.739 104.900 -0.812
201809 0.131 106.600 0.142
201812 0.316 106.500 0.342
201903 -2.494 107.700 -2.668
201906 -0.446 107.700 -0.477
201909 -0.934 109.800 -0.980
201912 6.006 111.200 6.224
202003 -0.953 112.300 -0.978
202006 -1.562 110.400 -1.630
202009 -0.151 111.700 -0.156
202012 1.630 111.500 1.684
202103 0.076 112.662 0.078
202106 -1.026 111.769 -1.058
202109 -0.159 112.215 -0.163
202112 4.715 113.108 4.803
202203 2.594 114.335 2.614
202206 -1.488 114.558 -1.497
202209 -1.705 115.339 -1.703
202212 2.165 115.116 2.167
202303 -0.006 115.116 -0.006
202306 -2.223 114.558 -2.236
202309 2.139 115.339 2.137
202312 2.145 114.781 2.153
202403 -2.654 115.227 -2.654

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.


CSSC Offshore & Marine Engineering (Group) Co  (HKSE:00317) 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.


CSSC Offshore & Marine Engineering (Group) Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of CSSC Offshore & Marine Engineering (Group) Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


CSSC Offshore & Marine Engineering (Group) Co (HKSE:00317) Business Description

Traded in Other Exchanges
Address
No. 137 Gexin Road, 15th Floor, Marine Tower, Shipping Building, Haizhu District, Guangdong Province, Guangzhou, CHN, 510250
CSSC Offshore & Marine Engineering (Group) Co Ltd manufactures military and civil ships and conducts off-shore engineering. The functions of the boats have a wide range, including military, patrol, rescue, and transportation. Multiple subsidiaries allow the company to produce multiple ships and supply customized maintenance for clients. The company operates through three business segments: Shipbuilding and related business, Steel Structure engineering, Ship maintenance and modification, and others.
Executives
Cssc International Holding Company Limited 2101 Beneficial owner
State-owned Assets Supervision And Administration Commission 2201 Interest of corporation controlled by you
Zhong Guo Chuan Bo Gong Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you

CSSC Offshore & Marine Engineering (Group) Co (HKSE:00317) Headlines

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