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AECC Aviation Power Co (SHSE:600893) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


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What is AECC Aviation Power Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


AECC Aviation Power Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for AECC Aviation Power 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.

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AECC Aviation Power Co Cyclically Adjusted Price-to-FCF Chart

AECC Aviation Power Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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AECC Aviation Power Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of AECC Aviation Power Co's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, AECC Aviation Power 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.


AECC Aviation Power Co's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AECC Aviation Power Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where AECC Aviation Power Co's Cyclically Adjusted Price-to-FCF falls into.



AECC Aviation Power 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.

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

For example, AECC Aviation Power 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)
=-1.422/115.2271*115.2271
=-1.422

Current CPI (Mar. 2024) = 115.2271.

AECC Aviation Power Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.842 98.200 -0.988
201409 -1.207 98.900 -1.406
201412 1.905 99.000 2.217
201503 -1.572 99.900 -1.813
201506 -0.778 99.500 -0.901
201509 -0.292 100.500 -0.335
201512 3.265 100.600 3.740
201603 -1.751 102.200 -1.974
201606 -1.164 101.400 -1.323
201609 -1.054 102.400 -1.186
201612 2.315 102.600 2.600
201703 -0.438 103.200 -0.489
201706 -1.372 103.100 -1.533
201709 -0.911 104.100 -1.008
201712 1.634 104.500 1.802
201803 -0.865 105.300 -0.947
201806 -0.652 104.900 -0.716
201809 -0.405 106.600 -0.438
201812 1.628 106.500 1.761
201903 -0.473 107.700 -0.506
201906 -1.112 107.700 -1.190
201909 -1.154 109.800 -1.211
201912 4.262 111.200 4.416
202003 -0.926 112.300 -0.950
202006 -1.822 110.400 -1.902
202009 -1.973 111.700 -2.035
202012 4.596 111.500 4.750
202103 -0.942 112.662 -0.963
202106 5.623 111.769 5.797
202109 -1.934 112.215 -1.986
202112 2.785 113.108 2.837
202203 -1.249 114.335 -1.259
202206 -3.089 114.558 -3.107
202209 -2.687 115.339 -2.684
202212 1.482 115.116 1.483
202303 0.136 115.116 0.136
202306 -4.938 114.558 -4.967
202309 -1.517 115.339 -1.516
202312 1.946 114.781 1.954
202403 -1.422 115.227 -1.422

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.


AECC Aviation Power Co  (SHSE:600893) 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.


AECC Aviation Power Co Cyclically Adjusted Price-to-FCF Related Terms

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AECC Aviation Power Co (SHSE:600893) Business Description

Traded in Other Exchanges
N/A
Address
Fengcheng Road, Weiyang District, Shaanxi Province, Xi'an, CHN, 710021
AECC Aviation Power Co Ltd is a China-based manufacturer of aeronautical engines. It engaged in the design, development, production, maintenance, marketing and after-sales service of military aircraft and civil aircraft power devices, second power devices, gas turbines, helicopter transmission systems, and aero-engine technology derivative products; customers involved in aviation, aerospace, ships, weapons, Energy and airspace and other fields. The company designs and produces products such as turbojets, turbofans, turboshafts, turboprops, and pistons, such as aero engines, gas turbines, and helicopter transmission systems.
Executives
Lei Wei Long Director
Shu Wei senior management
Xu Guang Jing senior management
Pang Wei Director
Zhao Yue senior management
Shi Jing Ming Supervisors
Ning Fu Shun Director
Mu Ya Shi senior management

AECC Aviation Power Co (SHSE:600893) Headlines

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