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CITIC Niya Wine Co (SHSE:600084) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is CITIC Niya Wine Co Cyclically Adjusted Price-to-FCF?

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CITIC Niya Wine Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CITIC Niya Wine 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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CITIC Niya Wine Co Cyclically Adjusted Price-to-FCF Chart

CITIC Niya Wine Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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CITIC Niya Wine 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 CITIC Niya Wine Co's Cyclically Adjusted Price-to-FCF

For the Beverages - Wineries & Distilleries subindustry, CITIC Niya Wine 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.


CITIC Niya Wine Co's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, CITIC Niya Wine Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where CITIC Niya Wine Co's Cyclically Adjusted Price-to-FCF falls into.



CITIC Niya Wine 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.

CITIC Niya Wine Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CITIC Niya Wine 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)
=-0.04/115.2271*115.2271
=-0.040

Current CPI (Mar. 2024) = 115.2271.

CITIC Niya Wine Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.084 98.200 0.099
201409 0.025 98.900 0.029
201412 -0.401 99.000 -0.467
201503 -0.107 99.900 -0.123
201506 -0.071 99.500 -0.082
201509 0.062 100.500 0.071
201512 0.015 100.600 0.017
201603 -0.075 102.200 -0.085
201606 -0.032 101.400 -0.036
201609 0.004 102.400 0.005
201612 0.004 102.600 0.004
201703 -0.093 103.200 -0.104
201706 -0.053 103.100 -0.059
201709 -0.004 104.100 -0.004
201712 -0.069 104.500 -0.076
201803 -0.054 105.300 -0.059
201806 -0.005 104.900 -0.005
201809 -0.058 106.600 -0.063
201812 -0.066 106.500 -0.071
201903 -0.018 107.700 -0.019
201906 -0.005 107.700 -0.005
201909 0.013 109.800 0.014
201912 -0.041 111.200 -0.042
202003 -0.023 112.300 -0.024
202006 0.002 110.400 0.002
202009 0.010 111.700 0.010
202012 -0.019 111.500 -0.020
202103 0.006 112.662 0.006
202106 -0.002 111.769 -0.002
202109 0.000 112.215 0.000
202112 -0.053 113.108 -0.054
202203 -0.028 114.335 -0.028
202206 0.036 114.558 0.036
202209 0.007 115.339 0.007
202212 -0.046 115.116 -0.046
202303 0.014 115.116 0.014
202306 0.006 114.558 0.006
202309 0.008 115.339 0.008
202312 0.012 114.781 0.012
202403 -0.040 115.227 -0.040

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.


CITIC Niya Wine Co  (SHSE:600084) 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.


CITIC Niya Wine Co Cyclically Adjusted Price-to-FCF Related Terms

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CITIC Niya Wine Co (SHSE:600084) Business Description

Traded in Other Exchanges
N/A
Address
No. 39, Hongshan Road, Shuimogou, Xinjiang Uygur Autonomous Region, Urumqi, Xinjiang, CHN, 830002
CITIC Niya Wine Co Ltd is engaged in the Production and sales of wine.
Executives
Ji Jun senior management
Jin Wan Li Supervisors

CITIC Niya Wine Co (SHSE:600084) Headlines

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