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China Environmental Resources Group (HKSE:01130) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is China Environmental Resources Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


China Environmental Resources Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Environmental Resources Group'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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China Environmental Resources Group Cyclically Adjusted Price-to-FCF Chart

China Environmental Resources Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
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China Environmental Resources Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of China Environmental Resources Group's Cyclically Adjusted Price-to-FCF

For the Auto & Truck Dealerships subindustry, China Environmental Resources Group'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.


China Environmental Resources Group's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, China Environmental Resources Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China Environmental Resources Group's Cyclically Adjusted Price-to-FCF falls into.



China Environmental Resources Group 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.

China Environmental Resources Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, China Environmental Resources Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=-0.034/115.6468*115.6468
=-0.034

Current CPI (Jun23) = 115.6468.

China Environmental Resources Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.209 96.409 -0.251
201506 -0.189 99.267 -0.220
201606 -0.208 101.686 -0.237
201706 -0.112 103.664 -0.125
201806 -0.316 106.193 -0.344
201906 -0.104 109.601 -0.110
202006 -0.019 110.590 -0.020
202106 0.002 111.360 0.002
202206 -0.006 113.448 -0.006
202306 -0.034 115.647 -0.034

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.


China Environmental Resources Group  (HKSE:01130) 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.


China Environmental Resources Group Cyclically Adjusted Price-to-FCF Related Terms

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China Environmental Resources Group (HKSE:01130) Business Description

Traded in Other Exchanges
Address
No. 1 Science Museum Road, Room 2608, 26th Floor, Greenfield Tower, Concordia Plaza, Tsim Sha Tsui East Kowloon, Hong Kong, HKG
China Environmental Resources Group Ltd is an investment holding company. It has seven reportable segments: Trading of recycled metals; Trading of motor vehicles and related accessories; Property investment; Provision of financial services; Sales of golden flower tea products; Securities trading and investment; and Sales of plantation materials and products. It has geographic operations in the PRC, Hong Kong, Nepal, and Macau. It derives a vast majority of the revenues from the trading of motor vehicles and related accessories segment within Hong Kong.
Executives
Cheung Wai Fung 2201 Interest of corporation controlled by you
Kwai Sze Hoi 2201 Interest of corporation controlled by you
Ocean Line Holdings Limited 2101 Beneficial owner
Yeung Chi Hang 2101 Beneficial owner

China Environmental Resources Group (HKSE:01130) Headlines

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