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Chongqing Fuling Electric Power Industrial Co (SHSE:600452) Cyclically Adjusted Price-to-FCF : 120.00 (As of Jun. 11, 2024)


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What is Chongqing Fuling Electric Power Industrial Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-11), Chongqing Fuling Electric Power Industrial Co's current share price is ¥14.40. Chongqing Fuling Electric Power Industrial Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.12. Chongqing Fuling Electric Power Industrial Co's Cyclically Adjusted Price-to-FCF for today is 120.00.

The historical rank and industry rank for Chongqing Fuling Electric Power Industrial Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:600452' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.54   Med: 37.43   Max: 1258.33
Current: 118.97

During the past years, Chongqing Fuling Electric Power Industrial Co's highest Cyclically Adjusted Price-to-FCF was 1258.33. The lowest was 8.54. And the median was 37.43.

SHSE:600452's Cyclically Adjusted Price-to-FCF is ranked worse than
92.47% of 239 companies
in the Utilities - Regulated industry
Industry Median: 16.4 vs SHSE:600452: 118.97

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.

Chongqing Fuling Electric Power Industrial Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.187. 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 ¥0.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chongqing Fuling Electric Power Industrial Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Chongqing Fuling Electric Power Industrial 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.

Chongqing Fuling Electric Power Industrial Co Cyclically Adjusted Price-to-FCF Chart

Chongqing Fuling Electric Power Industrial 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 58.33 - - 200.40 126.25

Chongqing Fuling Electric Power Industrial 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 226.89 274.26 163.72 126.25 110.80

Competitive Comparison of Chongqing Fuling Electric Power Industrial Co's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Electric subindustry, Chongqing Fuling Electric Power Industrial 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.


Chongqing Fuling Electric Power Industrial Co's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Chongqing Fuling Electric Power Industrial Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Chongqing Fuling Electric Power Industrial Co's Cyclically Adjusted Price-to-FCF falls into.



Chongqing Fuling Electric Power Industrial 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.

Chongqing Fuling Electric Power Industrial Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=14.40/0.12
=120.00

* 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.

Chongqing Fuling Electric Power Industrial Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Chongqing Fuling Electric Power Industrial 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)
=0.187/115.2271*115.2271
=0.187

Current CPI (Mar. 2024) = 115.2271.

Chongqing Fuling Electric Power Industrial Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.070 98.200 0.082
201409 0.038 98.900 0.044
201412 -0.043 99.000 -0.050
201503 0.046 99.900 0.053
201506 0.048 99.500 0.056
201509 0.026 100.500 0.030
201512 -0.069 100.600 -0.079
201603 -0.031 102.200 -0.035
201606 0.004 101.400 0.005
201609 0.021 102.400 0.024
201612 -0.432 102.600 -0.485
201703 -0.075 103.200 -0.084
201706 -0.054 103.100 -0.060
201709 0.072 104.100 0.080
201712 -0.163 104.500 -0.180
201803 -0.096 105.300 -0.105
201806 -0.204 104.900 -0.224
201809 0.005 106.600 0.005
201812 0.087 106.500 0.094
201903 -0.107 107.700 -0.114
201906 0.151 107.700 0.162
201909 -0.114 109.800 -0.120
201912 0.026 111.200 0.027
202003 -0.083 112.300 -0.085
202006 -0.048 110.400 -0.050
202009 0.249 111.700 0.257
202012 0.585 111.500 0.605
202103 -0.355 112.662 -0.363
202106 -0.657 111.769 -0.677
202109 0.114 112.215 0.117
202112 0.597 113.108 0.608
202203 0.088 114.335 0.089
202206 0.151 114.558 0.152
202209 0.190 115.339 0.190
202212 0.626 115.116 0.627
202303 0.113 115.116 0.113
202306 -0.030 114.558 -0.030
202309 0.140 115.339 0.140
202312 0.209 114.781 0.210
202403 0.187 115.227 0.187

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.


Chongqing Fuling Electric Power Industrial Co  (SHSE:600452) 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.


Chongqing Fuling Electric Power Industrial Co Cyclically Adjusted Price-to-FCF Related Terms

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Chongqing Fuling Electric Power Industrial Co (SHSE:600452) Business Description

Traded in Other Exchanges
N/A
Address
No. 20 Wangzhou Road, Fuling District, Chongqing, Chongqing, CHN, 408000
ChongQing FuLing Electric Power Industrial Co., Ltd. is mainly engaged in the distribution of electric power supply, hydropower plants and thermal power plants. The Company is also involved in the distribution of electrical appliances.

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