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Guangzhou Development Group (SHSE:600098) Cyclically Adjusted Price-to-FCF : 27.44 (As of Jun. 08, 2024)


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What is Guangzhou Development Group Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Guangzhou Development Group's current share price is ¥6.86. Guangzhou Development Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.25. Guangzhou Development Group's Cyclically Adjusted Price-to-FCF for today is 27.44.

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

SHSE:600098' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.13   Med: 16.73   Max: 73.46
Current: 26.31

During the past years, Guangzhou Development Group's highest Cyclically Adjusted Price-to-FCF was 73.46. The lowest was 11.13. And the median was 16.73.

SHSE:600098's Cyclically Adjusted Price-to-FCF is ranked worse than
74.67% of 75 companies
in the Other Energy Sources industry
Industry Median: 11.98 vs SHSE:600098: 26.31

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.

Guangzhou Development Group's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.034. 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 ¥0.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Guangzhou Development Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Guangzhou Development 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.

* Premium members only.

Guangzhou Development Group Cyclically Adjusted Price-to-FCF Chart

Guangzhou Development Group 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 15.05 14.78 17.01 14.48 18.54

Guangzhou Development Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 15.61 17.88 18.39 18.54 24.15

Competitive Comparison of Guangzhou Development Group's Cyclically Adjusted Price-to-FCF

For the Thermal Coal subindustry, Guangzhou Development 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.


Guangzhou Development Group's Cyclically Adjusted Price-to-FCF Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Guangzhou Development Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Guangzhou Development Group's Cyclically Adjusted Price-to-FCF falls into.



Guangzhou Development 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.

Guangzhou Development Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.86/0.25
=27.44

* 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.

Guangzhou Development Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Guangzhou Development Group'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)
=-0.034/115.2271*115.2271
=-0.034

Current CPI (Mar. 2024) = 115.2271.

Guangzhou Development Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.091 98.200 0.107
201409 0.323 98.900 0.376
201412 0.111 99.000 0.129
201503 0.287 99.900 0.331
201506 0.188 99.500 0.218
201509 0.202 100.500 0.232
201512 0.125 100.600 0.143
201603 -0.012 102.200 -0.014
201606 0.055 101.400 0.062
201609 0.325 102.400 0.366
201612 0.270 102.600 0.303
201703 0.069 103.200 0.077
201706 0.071 103.100 0.079
201709 0.172 104.100 0.190
201712 0.193 104.500 0.213
201803 0.007 105.300 0.008
201806 0.003 104.900 0.003
201809 0.298 106.600 0.322
201812 -0.054 106.500 -0.058
201903 0.179 107.700 0.192
201906 0.061 107.700 0.065
201909 0.347 109.800 0.364
201912 -0.158 111.200 -0.164
202003 -0.173 112.300 -0.178
202006 0.186 110.400 0.194
202009 0.379 111.700 0.391
202012 -0.275 111.500 -0.284
202103 -0.250 112.662 -0.256
202106 0.221 111.769 0.228
202109 -0.263 112.215 -0.270
202112 -0.096 113.108 -0.098
202203 -0.299 114.335 -0.301
202206 0.155 114.558 0.156
202209 0.417 115.339 0.417
202212 -0.547 115.116 -0.548
202303 -0.097 115.116 -0.097
202306 -0.026 114.558 -0.026
202309 0.068 115.339 0.068
202312 -0.363 114.781 -0.364
202403 -0.034 115.227 -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.


Guangzhou Development Group  (SHSE:600098) 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.


Guangzhou Development Group Cyclically Adjusted Price-to-FCF Related Terms

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


Guangzhou Development Group (SHSE:600098) Business Description

Traded in Other Exchanges
N/A
Address
28/F, Development Center, No. 3 Linjiang Avenue, Zhujiang Xincheng, Guangzhou, CHN
Guangzhou Development Group Incorporated is a China-based company operating in the integrated energy business. It is engaged in the investment, construction, development, and operation of electric power, coal, oil products, natural gas and new energy. The company is also involved in the energy logistics business.
Executives
Wu Xu Director
Feng Kai Yun Director
Li Shuang Yin Supervisors
Yang Dan De Director

Guangzhou Development Group (SHSE:600098) Headlines

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