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Aluminum of China (SHSE:601600) Cyclically Adjusted Price-to-FCF : 12.60 (As of Jun. 06, 2024)


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What is Aluminum of China Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Aluminum of China's current share price is ¥7.94. Aluminum of China's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.63. Aluminum of China's Cyclically Adjusted Price-to-FCF for today is 12.60.

The historical rank and industry rank for Aluminum of China's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:601600' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.52   Med: 12.33   Max: 407
Current: 12.62

During the past years, Aluminum of China's highest Cyclically Adjusted Price-to-FCF was 407.00. The lowest was 8.52. And the median was 12.33.

SHSE:601600's Cyclically Adjusted Price-to-FCF is ranked better than
72.29% of 249 companies
in the Metals & Mining industry
Industry Median: 20.97 vs SHSE:601600: 12.62

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.

Aluminum of China's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.154. 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 ¥0.63 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aluminum of China Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Aluminum of China'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.

Aluminum of China Cyclically Adjusted Price-to-FCF Chart

Aluminum of China 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 - 104.92 23.50 9.52 9.50

Aluminum of China 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 10.67 10.21 10.51 9.50 11.79

Competitive Comparison of Aluminum of China's Cyclically Adjusted Price-to-FCF

For the Aluminum subindustry, Aluminum of China'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.


Aluminum of China's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Aluminum of China's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Aluminum of China's Cyclically Adjusted Price-to-FCF falls into.



Aluminum of China 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.

Aluminum of China's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7.94/0.63
=12.60

* 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.

Aluminum of China's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Aluminum of China'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)
=0.154/115.2271*115.2271
=0.154

Current CPI (Mar. 2024) = 115.2271.

Aluminum of China Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.200 98.200 0.235
201409 -0.108 98.900 -0.126
201412 0.431 99.000 0.502
201503 -0.166 99.900 -0.191
201506 0.041 99.500 0.047
201509 -0.144 100.500 -0.165
201512 0.090 100.600 0.103
201603 -0.035 102.200 -0.039
201606 0.020 101.400 0.023
201609 0.072 102.400 0.081
201612 0.109 102.600 0.122
201703 0.043 103.200 0.048
201706 -0.001 103.100 -0.001
201709 0.072 104.100 0.080
201712 0.128 104.500 0.141
201803 0.004 105.300 0.004
201806 0.188 104.900 0.207
201809 0.078 106.600 0.084
201812 0.060 106.500 0.065
201903 -0.130 107.700 -0.139
201906 0.049 107.700 0.052
201909 0.103 109.800 0.108
201912 0.050 111.200 0.052
202003 0.041 112.300 0.042
202006 0.131 110.400 0.137
202009 0.119 111.700 0.123
202012 0.177 111.500 0.183
202103 0.106 112.662 0.108
202106 0.396 111.769 0.408
202109 0.406 112.215 0.417
202112 0.884 113.108 0.901
202203 0.532 114.335 0.536
202206 0.424 114.558 0.426
202209 0.275 115.339 0.275
202212 0.094 115.116 0.094
202303 0.175 115.116 0.175
202306 0.316 114.558 0.318
202309 0.439 115.339 0.439
202312 0.248 114.781 0.249
202403 0.154 115.227 0.154

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.


Aluminum of China  (SHSE:601600) 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.


Aluminum of China Cyclically Adjusted Price-to-FCF Related Terms

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Aluminum of China (SHSE:601600) Business Description

Traded in Other Exchanges
Address
No. 62 North Xizhimen Street, Haidian District, Beijing, CHN, 100082
Aluminum Corp of China Ltd is an aluminum producer. The Alumina segment consists of the mining and purchase of bauxite and other raw materials. The Primary aluminum segment consists of the procurement of alumina, supplemental materials, and electric power. Its Energy segment comprises the production and operation of energy products mainly coal mining. The Trading segment includes the trading of alumina primary aluminum, aluminum fabrication products, other non-ferrous metal products and Corporate and other operating segments. Geographically, it operates in Mainland China, as well as other countries. It generates a major part of its revenue from the Trading segment.
Executives
Jiang Ying Gang Director
Zhao Zhao Supervisors

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