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China Coal Energy Co (SHSE:601898) Cyclically Adjusted Price-to-FCF : 6.88 (As of May. 26, 2024)


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What is China Coal Energy Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), China Coal Energy Co's current share price is ¥12.38. China Coal Energy Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥1.80. China Coal Energy Co's Cyclically Adjusted Price-to-FCF for today is 6.88.

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

SHSE:601898' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.6   Med: 9.09   Max: 54.09
Current: 7.49

During the past years, China Coal Energy Co's highest Cyclically Adjusted Price-to-FCF was 54.09. The lowest was 5.60. And the median was 9.09.

SHSE:601898's Cyclically Adjusted Price-to-FCF is ranked better than
73.33% of 75 companies
in the Other Energy Sources industry
Industry Median: 11.66 vs SHSE:601898: 7.49

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.

China Coal Energy Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.089. 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 ¥1.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Coal Energy Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Coal Energy 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.

China Coal Energy Co Cyclically Adjusted Price-to-FCF Chart

China Coal Energy 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 - - 19.53 9.01 6.54

China Coal Energy 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 7.16 6.58 5.91 6.54 6.34

Competitive Comparison of China Coal Energy Co's Cyclically Adjusted Price-to-FCF

For the Thermal Coal subindustry, China Coal Energy 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.


China Coal Energy Co's Cyclically Adjusted Price-to-FCF Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, China Coal Energy Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China Coal Energy Co's Cyclically Adjusted Price-to-FCF falls into.



China Coal Energy 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.

China Coal Energy Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.38/1.8
=6.88

* 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.

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

For example, China Coal Energy 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)
=0.089/115.2271*115.2271
=0.089

Current CPI (Mar. 2024) = 115.2271.

China Coal Energy Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.047 98.200 -0.055
201409 -0.226 98.900 -0.263
201412 -0.133 99.000 -0.155
201503 -0.530 99.900 -0.611
201506 0.188 99.500 0.218
201509 -0.078 100.500 -0.089
201512 0.178 100.600 0.204
201603 -0.249 102.200 -0.281
201606 0.079 101.400 0.090
201609 0.181 102.400 0.204
201612 0.215 102.600 0.241
201703 0.019 103.200 0.021
201706 0.164 103.100 0.183
201709 0.166 104.100 0.184
201712 0.337 104.500 0.372
201803 -0.141 105.300 -0.154
201806 0.297 104.900 0.326
201809 0.489 106.600 0.529
201812 0.191 106.500 0.207
201903 0.193 107.700 0.206
201906 0.232 107.700 0.248
201909 0.282 109.800 0.296
201912 0.111 111.200 0.115
202003 0.202 112.300 0.207
202006 0.114 110.400 0.119
202009 0.650 111.700 0.671
202012 -0.038 111.500 -0.039
202103 0.329 112.662 0.336
202106 0.874 111.769 0.901
202109 0.891 112.215 0.915
202112 0.748 113.108 0.762
202203 0.602 114.335 0.607
202206 0.534 114.558 0.537
202209 1.269 115.339 1.268
202212 0.156 115.116 0.156
202303 0.681 115.116 0.682
202306 0.204 114.558 0.205
202309 0.759 115.339 0.758
202312 0.274 114.781 0.275
202403 0.089 115.227 0.089

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.


China Coal Energy Co  (SHSE:601898) 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.


China Coal Energy Co Cyclically Adjusted Price-to-FCF Related Terms

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China Coal Energy Co (SHSE:601898) Business Description

Traded in Other Exchanges
Address
No. 1 Huangsidajie, Chaoyang District, Beijing, CHN, 100120
China Coal Energy Co Ltd is a joint-stock company. The company is a large-scale energy enterprise integrating coal production and trade, coal chemical industry, power generation, and coal mining equipment manufacturing. Its segment includes Coal; Coalchemical products; Mining machinery; Finance and Others. The company generates maximum revenue from the Coal segment.

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