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Ningxia Buliding Materials Group Co (SHSE:600449) Cyclically Adjusted Price-to-FCF : 10.11 (As of May. 28, 2024)


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What is Ningxia Buliding Materials Group Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-28), Ningxia Buliding Materials Group Co's current share price is ¥13.25. Ningxia Buliding Materials Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥1.31. Ningxia Buliding Materials Group Co's Cyclically Adjusted Price-to-FCF for today is 10.11.

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

SHSE:600449' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.98   Med: 12.97   Max: 210.2
Current: 10.32

During the past years, Ningxia Buliding Materials Group Co's highest Cyclically Adjusted Price-to-FCF was 210.20. The lowest was 8.98. And the median was 12.97.

SHSE:600449's Cyclically Adjusted Price-to-FCF is ranked better than
67.01% of 194 companies
in the Building Materials industry
Industry Median: 16.285 vs SHSE:600449: 10.32

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.

Ningxia Buliding Materials Group Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.190. 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 ¥1.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ningxia Buliding Materials Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ningxia Buliding Materials Group 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.

Ningxia Buliding Materials Group Co Cyclically Adjusted Price-to-FCF Chart

Ningxia Buliding Materials Group 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 52.62 21.96 9.52 8.95 13.36

Ningxia Buliding Materials Group 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 13.63 11.93 12.39 13.36 12.48

Competitive Comparison of Ningxia Buliding Materials Group Co's Cyclically Adjusted Price-to-FCF

For the Building Materials subindustry, Ningxia Buliding Materials Group 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.


Ningxia Buliding Materials Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Ningxia Buliding Materials Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Ningxia Buliding Materials Group Co's Cyclically Adjusted Price-to-FCF falls into.



Ningxia Buliding Materials Group 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.

Ningxia Buliding Materials Group Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=13.25/1.31
=10.11

* 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.

Ningxia Buliding Materials Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Ningxia Buliding Materials Group 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)
=-0.19/115.2271*115.2271
=-0.190

Current CPI (Mar. 2024) = 115.2271.

Ningxia Buliding Materials Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.069 98.200 0.081
201409 0.401 98.900 0.467
201412 0.231 99.000 0.269
201503 -0.033 99.900 -0.038
201506 0.233 99.500 0.270
201509 0.120 100.500 0.138
201512 0.303 100.600 0.347
201603 0.059 102.200 0.067
201606 0.196 101.400 0.223
201609 0.460 102.400 0.518
201612 0.417 102.600 0.468
201703 0.403 103.200 0.450
201706 0.705 103.100 0.788
201709 0.574 104.100 0.635
201712 0.104 104.500 0.115
201803 0.119 105.300 0.130
201806 0.250 104.900 0.275
201809 0.040 106.600 0.043
201812 0.527 106.500 0.570
201903 0.149 107.700 0.159
201906 0.654 107.700 0.700
201909 0.434 109.800 0.455
201912 0.269 111.200 0.279
202003 0.228 112.300 0.234
202006 0.792 110.400 0.827
202009 0.669 111.700 0.690
202012 0.109 111.500 0.113
202103 0.359 112.662 0.367
202106 0.516 111.769 0.532
202109 0.797 112.215 0.818
202112 0.568 113.108 0.579
202203 -0.656 114.335 -0.661
202206 -0.534 114.558 -0.537
202209 0.279 115.339 0.279
202212 1.317 115.116 1.318
202303 -0.801 115.116 -0.802
202306 1.244 114.558 1.251
202309 0.506 115.339 0.506
202312 0.350 114.781 0.351
202403 -0.190 115.227 -0.190

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.


Ningxia Buliding Materials Group Co  (SHSE:600449) 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.


Ningxia Buliding Materials Group Co Cyclically Adjusted Price-to-FCF Related Terms

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Ningxia Buliding Materials Group Co (SHSE:600449) Business Description

Traded in Other Exchanges
N/A
Address
2 kilometers from Xinxiao Line, Ningxia Hui Autonomous Region, Xixia District, Yinchuan, CHN, 750021
Ningxia Building Materials Group Co Ltd is engaged in research and development, production, sales, technical services and management services of cement, cement products, cement clinker, commercial concrete and related products. The company also engaged in import and export business of building materials products and related technology import and export business Production and sales of fly ash.

Ningxia Buliding Materials Group Co (SHSE:600449) Headlines

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