GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Northern Rare Earth (Group) High-Tech Co Ltd (SHSE:600111) » Definitions » Cyclically Adjusted Price-to-FCF

China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) Cyclically Adjusted Price-to-FCF : 70.74 (As of May. 26, 2024)


View and export this data going back to 1997. Start your Free Trial

What is China Northern Rare Earth (Group) High-Tech Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), China Northern Rare Earth (Group) High-Tech Co's current share price is ¥19.10. China Northern Rare Earth (Group) High-Tech Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.27. China Northern Rare Earth (Group) High-Tech Co's Cyclically Adjusted Price-to-FCF for today is 70.74.

The historical rank and industry rank for China Northern Rare Earth (Group) High-Tech Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:600111' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 58.07   Med: 152.25   Max: 1016.83
Current: 71.12

During the past years, China Northern Rare Earth (Group) High-Tech Co's highest Cyclically Adjusted Price-to-FCF was 1016.83. The lowest was 58.07. And the median was 152.25.

SHSE:600111's Cyclically Adjusted Price-to-FCF is ranked worse than
79.76% of 247 companies
in the Metals & Mining industry
Industry Median: 22.46 vs SHSE:600111: 71.12

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.

China Northern Rare Earth (Group) High-Tech Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.096. 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 ¥0.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Northern Rare Earth (Group) High-Tech Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Northern Rare Earth (Group) High-Tech 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 Northern Rare Earth (Group) High-Tech Co Cyclically Adjusted Price-to-FCF Chart

China Northern Rare Earth (Group) High-Tech 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 119.17 166.49 384.03 92.11 69.85

China Northern Rare Earth (Group) High-Tech Co 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 88.81 100.32 93.11 69.85 71.93

Competitive Comparison of China Northern Rare Earth (Group) High-Tech Co's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, China Northern Rare Earth (Group) High-Tech 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 Northern Rare Earth (Group) High-Tech Co's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, China Northern Rare Earth (Group) High-Tech Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China Northern Rare Earth (Group) High-Tech Co's Cyclically Adjusted Price-to-FCF falls into.



China Northern Rare Earth (Group) High-Tech 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 Northern Rare Earth (Group) High-Tech Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=19.10/0.27
=70.74

* 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.

China Northern Rare Earth (Group) High-Tech Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, China Northern Rare Earth (Group) High-Tech 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)
=-0.096/115.2271*115.2271
=-0.096

Current CPI (Mar. 2024) = 115.2271.

China Northern Rare Earth (Group) High-Tech Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.007 98.200 0.008
201409 0.078 98.900 0.091
201412 0.080 99.000 0.093
201503 0.206 99.900 0.238
201506 0.387 99.500 0.448
201509 0.017 100.500 0.019
201512 0.078 100.600 0.089
201603 0.018 102.200 0.020
201606 0.132 101.400 0.150
201609 0.083 102.400 0.093
201612 -0.261 102.600 -0.293
201703 -0.031 103.200 -0.035
201706 0.029 103.100 0.032
201709 0.108 104.100 0.120
201712 -0.665 104.500 -0.733
201803 0.176 105.300 0.193
201806 -0.408 104.900 -0.448
201809 -0.042 106.600 -0.045
201812 0.030 106.500 0.032
201903 0.081 107.700 0.087
201906 -0.001 107.700 -0.001
201909 -0.035 109.800 -0.037
201912 0.144 111.200 0.149
202003 0.134 112.300 0.137
202006 -0.101 110.400 -0.105
202009 0.031 111.700 0.032
202012 0.069 111.500 0.071
202103 0.158 112.662 0.162
202106 0.060 111.769 0.062
202109 0.335 112.215 0.344
202112 0.405 113.108 0.413
202203 0.491 114.335 0.495
202206 0.713 114.558 0.717
202209 0.009 115.339 0.009
202212 -0.182 115.116 -0.182
202303 0.082 115.116 0.082
202306 -0.107 114.558 -0.108
202309 0.289 115.339 0.289
202312 0.100 114.781 0.100
202403 -0.096 115.227 -0.096

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 Northern Rare Earth (Group) High-Tech Co  (SHSE:600111) 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 Northern Rare Earth (Group) High-Tech Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of China Northern Rare Earth (Group) High-Tech Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) Business Description

Traded in Other Exchanges
N/A
Address
No. 83 Huanghe Street, Baotou Rare Earth Hi-tech Industrial Development Zone, Inner Mongolia Autonomous Region, Baotou, CHN, 014030
China Northern Rare Earth (Group) High-Tech Co Ltd is a China-based company operating in a non-ferrous metal smelting and rolling processing industry. It refines and sells rare earth minerals and resources.
Executives
Wang Chen senior management
Zhang Ri Hui Director
Yu Ying Wu senior management
Yang Zhan Feng Director
Duan Li Feng Supervisors
Xia Xue Wen Supervisors
Zhao Dian Qing Director
Wang Zhan Cheng Director
Xing Li Guang Director
Zhao De Gui Director
Li Jin Ling Director
Liu Yi senior management
Huang Li Dong Supervisors
Meng Zhi Quan Director
Zhao Zhi Hua Supervisors

China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) Headlines

No Headlines