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Time Publishing & Media Co (SHSE:600551) Cyclically Adjusted Price-to-FCF : 15.35 (As of Jun. 08, 2024)


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What is Time Publishing & Media Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Time Publishing & Media Co's current share price is ¥7.37. Time Publishing & Media Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.48. Time Publishing & Media Co's Cyclically Adjusted Price-to-FCF for today is 15.35.

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

SHSE:600551' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.41   Med: 25.81   Max: 138.3
Current: 15.41

During the past years, Time Publishing & Media Co's highest Cyclically Adjusted Price-to-FCF was 138.30. The lowest was 12.41. And the median was 25.81.

SHSE:600551's Cyclically Adjusted Price-to-FCF is ranked better than
52.46% of 366 companies
in the Media - Diversified industry
Industry Median: 16.135 vs SHSE:600551: 15.41

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.

Time Publishing & Media Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.134. 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 ¥0.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Time Publishing & Media Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Time Publishing & Media 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.

Time Publishing & Media Co Cyclically Adjusted Price-to-FCF Chart

Time Publishing & Media 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 17.70 14.21 14.50 16.51 16.86

Time Publishing & Media 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 22.75 18.87 18.52 16.86 19.86

Competitive Comparison of Time Publishing & Media Co's Cyclically Adjusted Price-to-FCF

For the Publishing subindustry, Time Publishing & Media 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.


Time Publishing & Media Co's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Time Publishing & Media Co's Cyclically Adjusted Price-to-FCF falls into.



Time Publishing & Media 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.

Time Publishing & Media Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7.37/0.48
=15.35

* 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.

Time Publishing & Media Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Time Publishing & Media 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)
=-0.134/115.2271*115.2271
=-0.134

Current CPI (Mar. 2024) = 115.2271.

Time Publishing & Media Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.236 98.200 0.277
201409 -0.001 98.900 -0.001
201412 0.447 99.000 0.520
201503 -0.529 99.900 -0.610
201506 0.289 99.500 0.335
201509 0.053 100.500 0.061
201512 0.738 100.600 0.845
201603 -0.682 102.200 -0.769
201606 0.227 101.400 0.258
201609 -0.171 102.400 -0.192
201612 0.942 102.600 1.058
201703 -0.816 103.200 -0.911
201706 0.098 103.100 0.110
201709 -0.565 104.100 -0.625
201712 1.025 104.500 1.130
201803 -0.564 105.300 -0.617
201806 0.379 104.900 0.416
201809 -0.377 106.600 -0.408
201812 0.901 106.500 0.975
201903 -0.468 107.700 -0.501
201906 0.477 107.700 0.510
201909 -0.250 109.800 -0.262
201912 0.928 111.200 0.962
202003 -0.630 112.300 -0.646
202006 0.104 110.400 0.109
202009 0.204 111.700 0.210
202012 0.956 111.500 0.988
202103 -0.576 112.662 -0.589
202106 0.200 111.769 0.206
202109 -0.312 112.215 -0.320
202112 1.094 113.108 1.114
202203 -0.453 114.335 -0.457
202206 0.084 114.558 0.084
202209 -0.060 115.339 -0.060
202212 1.304 115.116 1.305
202303 -0.817 115.116 -0.818
202306 0.561 114.558 0.564
202309 -0.114 115.339 -0.114
202312 0.776 114.781 0.779
202403 -0.134 115.227 -0.134

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.


Time Publishing & Media Co  (SHSE:600551) 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.


Time Publishing & Media Co Cyclically Adjusted Price-to-FCF Related Terms

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Time Publishing & Media Co (SHSE:600551) Business Description

Traded in Other Exchanges
N/A
Address
No. 20 Tianzhi Road, New and High-tech Development Zone, Hefei, Anhui, CHN, 230088
Time Publishing & Media Co Ltd is a cultural media listed company. It is mainly engaged in books, periodicals, print reproduction, new media, media technology research and development, equity investment and other services.
Executives
Li Yang Director

Time Publishing & Media Co (SHSE:600551) Headlines

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