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Canvest Environmental Protection Group Co (HKSE:01381) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is Canvest Environmental Protection Group Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Canvest Environmental Protection Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Canvest Environmental Protection 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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Canvest Environmental Protection Group Co Cyclically Adjusted Price-to-FCF Chart

Canvest Environmental Protection Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Canvest Environmental Protection Group Co 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 Canvest Environmental Protection Group Co's Cyclically Adjusted Price-to-FCF

For the Waste Management subindustry, Canvest Environmental Protection 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.


Canvest Environmental Protection Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Canvest Environmental Protection Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Canvest Environmental Protection 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.

Canvest Environmental Protection Group Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Canvest Environmental Protection Group 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)
=0.205/114.7809*114.7809
=0.205

Current CPI (Dec23) = 114.7809.

Canvest Environmental Protection Group Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.005 99.000 -0.006
201512 -0.199 100.600 -0.227
201612 -0.215 102.600 -0.241
201712 -0.408 104.500 -0.448
201812 -0.090 106.500 -0.097
201912 -0.207 111.200 -0.214
202012 -0.755 111.500 -0.777
202112 -1.118 113.108 -1.135
202212 -0.204 115.116 -0.203
202312 0.205 114.781 0.205

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.


Canvest Environmental Protection Group Co  (HKSE:01381) 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.


Canvest Environmental Protection Group Co Cyclically Adjusted Price-to-FCF Related Terms

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Canvest Environmental Protection Group Co (HKSE:01381) Business Description

Traded in Other Exchanges
Address
2 San Yuan Road, Level 24, Canvest Tower, Nan Cheng District, Guangdong, Dongguan, CHN
Canvest Environmental Protection Group Co Ltd develops and operates waste-to-energy plants. Incineration systems and technologies help treat waste and process components into energy. The company sells energy to clients, and continues to monitor applications and work toward reducing emissions of carbon dioxide. Revenues can be broken down into four business areas: Power sales, Waste treatment fees, Construction, and Finance income. It treats various types of waste, including sludge, ash from incineration systems, industrial sold waste, and wastewater. The majority of the company's revenue and assets are generated and located in China.
Executives
Best Approach Developments Limited 2106 Person having a security interest in shares
Century Rise Development Limited 2106 Person having a security interest in shares
Harvest Vista Company Limited 2106 Person having a security interest in shares
Hsbc International Trustee Limited 2106 Person having a security interest in shares
Shanghai Industrial Holdings Limited 2101 Beneficial owner
Shanghai Industrial Investment (holdings) Company Limited 2201 Interest of corporation controlled by you
Lai Kin Man 2106 Person having a security interest in shares
Lai Chun Tung 2106 Person having a security interest in shares
Lee Wing Yee Loretta 2106 Person having a security interest in shares

Canvest Environmental Protection Group Co (HKSE:01381) Headlines

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