GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » China Datang Corp Renewable Power Co Ltd (HKSE:01798) » Definitions » Cyclically Adjusted Price-to-FCF

China Datang Renewable Power Co (HKSE:01798) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


View and export this data going back to 2010. Start your Free Trial

What is China Datang Renewable Power Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


China Datang Renewable Power Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Datang Renewable Power 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.

* Premium members only.

China Datang Renewable Power Co Cyclically Adjusted Price-to-FCF Chart

China Datang Renewable Power Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

China Datang Renewable Power Co Quarterly Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 - - - - -

Competitive Comparison of China Datang Renewable Power Co's Cyclically Adjusted Price-to-FCF

For the Utilities - Renewable subindustry, China Datang Renewable Power 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.


China Datang Renewable Power Co's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Datang Renewable Power Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China Datang Renewable Power Co's Cyclically Adjusted Price-to-FCF falls into.



China Datang Renewable Power 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.

China Datang Renewable Power Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, China Datang Renewable Power 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)
=0.094/114.7809*114.7809
=0.094

Current CPI (Dec23) = 114.7809.

China Datang Renewable Power Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.055 99.000 -0.064
201512 0.354 100.600 0.404
201612 -0.339 102.600 -0.379
201712 -0.212 104.500 -0.233
201812 0.025 106.500 0.027
201912 -0.149 111.200 -0.154
202012 -0.611 111.500 -0.629
202112 -0.372 113.108 -0.378
202212 0.961 115.116 0.958
202312 0.094 114.781 0.094

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 Datang Renewable Power Co  (HKSE:01798) 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 Datang Renewable Power Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of China Datang Renewable Power Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


China Datang Renewable Power Co (HKSE:01798) Business Description

Traded in Other Exchanges
Address
No. 1 Caishikou Street, 8/F, Building 1, Xicheng District, Beijing, CHN, 100053
Datang Renewable is one of China's leading wind power operators, with installed wind capacity of 12.7 gigawatts as of the end of 2022, representing 3.5% of the nationwide wind capacity. About 89.4% of the total installed capacity is wind power. The company also operates solar and gas-fired power plants on a smaller scale. China Datang Group is the major shareholder with a controlling stake of 65.61%.
Executives
Blackrock, Inc. 2201 Interest of corporation controlled by you
Shang Hai Ning Quan Zi Chan Guan Li You Xian Gong Si 2102 Investment manager
Alliancebernstein L.p. 2201 Interest of corporation controlled by you
Bao-trans Enterprises Limited 2101 Beneficial owner
Bao Shan Gang Tie Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you

China Datang Renewable Power Co (HKSE:01798) Headlines

No Headlines