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Ningbo Construction Co (SHSE:601789) Cyclically Adjusted Price-to-FCF : 27.14 (As of Jun. 10, 2024)


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What is Ningbo Construction Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Ningbo Construction Co's current share price is ¥3.80. Ningbo Construction Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.14. Ningbo Construction Co's Cyclically Adjusted Price-to-FCF for today is 27.14.

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

SHSE:601789' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.04   Med: 83.7   Max: 697
Current: 26.93

During the past years, Ningbo Construction Co's highest Cyclically Adjusted Price-to-FCF was 697.00. The lowest was 14.04. And the median was 83.70.

SHSE:601789's Cyclically Adjusted Price-to-FCF is ranked worse than
66.44% of 584 companies
in the Construction industry
Industry Median: 17.7 vs SHSE:601789: 26.93

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.

Ningbo Construction Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-1.885. 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 ¥0.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ningbo Construction Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ningbo Construction 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.

Ningbo Construction Co Cyclically Adjusted Price-to-FCF Chart

Ningbo Construction 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 409.38 64.20 65.04 34.26 16.41

Ningbo Construction 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 234.08 49.19 35.25 16.41 29.62

Competitive Comparison of Ningbo Construction Co's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, Ningbo Construction 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.


Ningbo Construction Co's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ningbo Construction Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Ningbo Construction Co's Cyclically Adjusted Price-to-FCF falls into.



Ningbo Construction 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.

Ningbo Construction Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.80/0.14
=27.14

* 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.

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

For example, Ningbo Construction 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)
=-1.885/115.2271*115.2271
=-1.885

Current CPI (Mar. 2024) = 115.2271.

Ningbo Construction Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.366 98.200 -0.429
201409 -0.011 98.900 -0.013
201412 -0.019 99.000 -0.022
201503 -0.430 99.900 -0.496
201506 0.335 99.500 0.388
201509 -0.167 100.500 -0.191
201512 0.450 100.600 0.515
201603 -0.090 102.200 -0.101
201606 -0.119 101.400 -0.135
201609 -0.184 102.400 -0.207
201612 0.753 102.600 0.846
201703 -0.744 103.200 -0.831
201706 0.407 103.100 0.455
201709 0.043 104.100 0.048
201712 0.466 104.500 0.514
201803 -0.465 105.300 -0.509
201806 -0.034 104.900 -0.037
201809 0.006 106.600 0.006
201812 1.353 106.500 1.464
201903 -0.169 107.700 -0.181
201906 -0.755 107.700 -0.808
201909 0.496 109.800 0.521
201912 1.332 111.200 1.380
202003 -0.517 112.300 -0.530
202006 0.116 110.400 0.121
202009 0.203 111.700 0.209
202012 0.731 111.500 0.755
202103 -0.867 112.662 -0.887
202106 0.069 111.769 0.071
202109 -0.366 112.215 -0.376
202112 0.146 113.108 0.149
202203 -0.634 114.335 -0.639
202206 0.129 114.558 0.130
202209 0.302 115.339 0.302
202212 0.859 115.116 0.860
202303 -1.027 115.116 -1.028
202306 0.680 114.558 0.684
202309 0.104 115.339 0.104
202312 1.191 114.781 1.196
202403 -1.885 115.227 -1.885

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.


Ningbo Construction Co  (SHSE:601789) 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.


Ningbo Construction Co Cyclically Adjusted Price-to-FCF Related Terms

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Ningbo Construction Co (SHSE:601789) Business Description

Traded in Other Exchanges
N/A
Address
No.538, Ningtong Road, Yinzhou District, Ningbo, CHN, 315040
Ningbo Construction Co Ltd is a China-based construction company. It is engaged in the housing construction and general construction business. In addition, the company is also involved in the operation of civil engineering, engineering design, municipal garden, equipment installation and equipment leasing. Its business scope covers engineering survey, architectural design, housing construction and municipal general contracting, rail transit, mechanical and electrical equipment installation, decoration and decoration, steel structure, commercial concrete and prefabricated components. The business segments of the company are the Survey and design section, General contracting sector, and Industrial building sector.
Executives
Chen Xian Hua Director
Pan Xin Qiang Director
Chen Jian Guo Director
Li Zhang Chun senior management
Weng Hai Yong Director
Lu Xiang Kang Supervisors
Yu Wu Zheng Supervisors
Chen Bao Kang senior management
Wang Shan Bo Director
Meng Wen Hua Director
Xu Wen Wei Director
Huang Huan Jun senior management
Zhou Gang Xiang Supervisors
Li Shui Ming senior management

Ningbo Construction Co (SHSE:601789) Headlines

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