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Churchill China (LSE:CHH) Cyclically Adjusted Price-to-FCF : 31.76 (As of Jun. 09, 2024)


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What is Churchill China Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Churchill China's current share price is £10.80. Churchill China's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was £0.34. Churchill China's Cyclically Adjusted Price-to-FCF for today is 31.76.

The historical rank and industry rank for Churchill China's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

LSE:CHH' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 30.15   Med: 47.78   Max: 70.19
Current: 31.84

During the past 13 years, Churchill China's highest Cyclically Adjusted Price-to-FCF was 70.19. The lowest was 30.15. And the median was 47.78.

LSE:CHH's Cyclically Adjusted Price-to-FCF is ranked worse than
68.65% of 185 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 17.63 vs LSE:CHH: 31.84

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Churchill China's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was £0.279. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is £0.34 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Churchill China Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Churchill China'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.

Churchill China Cyclically Adjusted Price-to-FCF Chart

Churchill China 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 61.18 44.85 54.42 35.71 42.75

Churchill China Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 54.42 - 35.71 - 42.75

Competitive Comparison of Churchill China's Cyclically Adjusted Price-to-FCF

For the Furnishings, Fixtures & Appliances subindustry, Churchill China'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.


Churchill China's Cyclically Adjusted Price-to-FCF Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Churchill China's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Churchill China 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.

Churchill China's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=10.80/0.34
=31.76

* 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.

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

For example, Churchill China'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)
=0.279/130.5000*130.5000
=0.279

Current CPI (Dec23) = 130.5000.

Churchill China Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.361 99.900 0.472
201512 0.292 100.400 0.380
201612 0.316 102.200 0.404
201712 0.398 105.000 0.495
201812 0.447 107.100 0.545
201912 0.355 108.500 0.427
202012 -0.133 109.400 -0.159
202112 0.544 114.700 0.619
202212 -0.066 125.300 -0.069
202312 0.279 130.500 0.279

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.


Churchill China  (LSE:CHH) 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.


Churchill China Cyclically Adjusted Price-to-FCF Related Terms

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


Churchill China (LSE:CHH) Business Description

Traded in Other Exchanges
N/A
Address
No.1 Marlborough Way, Tunstall, Stoke-on-Trent, Staffs, GBR, ST6 5NZ
Churchill China PLC is a British pottery manufacturer. It is a manufacturer and distributor of tabletop products. Its customers include the pub, restaurant and hotel chains, sports and conference venues, health and education establishments and contract caterers. Its segments include Ceramics, the sale of ceramic tableware and complimentary items, and Materials, the sale of materials for the production of ceramics, to the tableware industry, majority of its revenue is generated from Ceramics segment. It operates in the UK, Rest of Europe, USA and Rest of the World.

Churchill China (LSE:CHH) Headlines