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Qingdao Citymedia Co (SHSE:600229) Cyclically Adjusted Price-to-FCF : 16.44 (As of May. 24, 2024)


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What is Qingdao Citymedia Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Qingdao Citymedia Co's current share price is ¥7.40. Qingdao Citymedia Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.45. Qingdao Citymedia Co's Cyclically Adjusted Price-to-FCF for today is 16.44.

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

SHSE:600229' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.95   Med: 60.02   Max: 557.33
Current: 17.14

During the past years, Qingdao Citymedia Co's highest Cyclically Adjusted Price-to-FCF was 557.33. The lowest was 12.95. And the median was 60.02.

SHSE:600229's Cyclically Adjusted Price-to-FCF is ranked worse than
50.56% of 354 companies
in the Media - Diversified industry
Industry Median: 16.96 vs SHSE:600229: 17.14

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.

Qingdao Citymedia Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.290. 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 ¥0.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Qingdao Citymedia Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Qingdao Citymedia 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.

Qingdao Citymedia Co Cyclically Adjusted Price-to-FCF Chart

Qingdao Citymedia 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 65.12 27.36 21.00 15.78 17.12

Qingdao Citymedia 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 18.03 17.85 17.56 17.12 17.57

Competitive Comparison of Qingdao Citymedia Co's Cyclically Adjusted Price-to-FCF

For the Publishing subindustry, Qingdao Citymedia 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.


Qingdao Citymedia Co's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Qingdao Citymedia Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Qingdao Citymedia Co's Cyclically Adjusted Price-to-FCF falls into.



Qingdao Citymedia 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.

Qingdao Citymedia Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7.40/0.45
=16.44

* 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.

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

For example, Qingdao Citymedia 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)
=-0.29/115.2271*115.2271
=-0.290

Current CPI (Mar. 2024) = 115.2271.

Qingdao Citymedia Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.159 98.200 -0.187
201409 0.723 98.900 0.842
201412 0.749 99.000 0.872
201503 -0.154 99.900 -0.178
201506 0.540 99.500 0.625
201509 -0.243 100.500 -0.279
201512 0.567 100.600 0.649
201603 -0.181 102.200 -0.204
201606 0.231 101.400 0.262
201609 -0.116 102.400 -0.131
201612 0.332 102.600 0.373
201703 -0.226 103.200 -0.252
201706 0.149 103.100 0.167
201709 -0.337 104.100 -0.373
201712 0.207 104.500 0.228
201803 -0.291 105.300 -0.318
201806 0.237 104.900 0.260
201809 -0.164 106.600 -0.177
201812 0.351 106.500 0.380
201903 -0.163 107.700 -0.174
201906 0.223 107.700 0.239
201909 -0.161 109.800 -0.169
201912 0.298 111.200 0.309
202003 -0.205 112.300 -0.210
202006 0.260 110.400 0.271
202009 -0.020 111.700 -0.021
202012 0.329 111.500 0.340
202103 -0.076 112.662 -0.078
202106 0.154 111.769 0.159
202109 -0.017 112.215 -0.017
202112 0.511 113.108 0.521
202203 -0.206 114.335 -0.208
202206 0.313 114.558 0.315
202209 0.008 115.339 0.008
202212 0.389 115.116 0.389
202303 -0.156 115.116 -0.156
202306 0.249 114.558 0.250
202309 -0.045 115.339 -0.045
202312 0.473 114.781 0.475
202403 -0.290 115.227 -0.290

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.


Qingdao Citymedia Co  (SHSE:600229) 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.


Qingdao Citymedia Co Cyclically Adjusted Price-to-FCF Related Terms

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Qingdao Citymedia Co (SHSE:600229) Business Description

Traded in Other Exchanges
N/A
Address
No.182 Haier Road, Publishing Building, Qingdao, Shandong, CHN
Qingdao Citymedia Co Ltd is engaged in the publishing business. It publishes books, periodicals, electronic audio, and video. Further, it is also involved in the development and operation of emerging media. Geographically the activities are carried out through China.
Executives
Li Feng Kun Director
Tian Li Yu Supervisors
Zhang Tian Long Director

Qingdao Citymedia Co (SHSE:600229) Headlines

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