GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » AA Industrial Belting (Shanghai) Co Ltd (SHSE:603580) » Definitions » Cyclically Adjusted Price-to-FCF

AA Industrial Belting (Shanghai) Co (SHSE:603580) Cyclically Adjusted Price-to-FCF : (As of Jun. 07, 2024)


View and export this data going back to 2017. Start your Free Trial

What is AA Industrial Belting (Shanghai) Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


AA Industrial Belting (Shanghai) Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for AA Industrial Belting (Shanghai) 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.

AA Industrial Belting (Shanghai) Co Cyclically Adjusted Price-to-FCF Chart

AA Industrial Belting (Shanghai) 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 - - - - -

AA Industrial Belting (Shanghai) 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 - 8,298.08 - - 15,252.26

Competitive Comparison of AA Industrial Belting (Shanghai) Co's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, AA Industrial Belting (Shanghai) 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.


AA Industrial Belting (Shanghai) Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, AA Industrial Belting (Shanghai) Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where AA Industrial Belting (Shanghai) Co's Cyclically Adjusted Price-to-FCF falls into.



AA Industrial Belting (Shanghai) 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.

AA Industrial Belting (Shanghai) Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, AA Industrial Belting (Shanghai) 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)
=0.047/115.2271*115.2271
=0.047

Current CPI (Mar. 2024) = 115.2271.

AA Industrial Belting (Shanghai) Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201309 0.000 97.332 0.000
201312 0.000 97.624 0.000
201406 0.000 98.200 0.000
201409 0.000 98.900 0.000
201412 0.000 99.000 0.000
201506 0.000 99.500 0.000
201512 0.000 100.600 0.000
201603 0.007 102.200 0.008
201606 0.086 101.400 0.098
201609 0.145 102.400 0.163
201612 0.095 102.600 0.107
201703 0.045 103.200 0.050
201706 0.083 103.100 0.093
201709 0.041 104.100 0.045
201712 0.032 104.500 0.035
201803 0.006 105.300 0.007
201806 0.025 104.900 0.027
201809 0.072 106.600 0.078
201812 0.016 106.500 0.017
201903 -0.011 107.700 -0.012
201906 -0.020 107.700 -0.021
201909 -0.008 109.800 -0.008
201912 0.112 111.200 0.116
202003 0.081 112.300 0.083
202006 -0.037 110.400 -0.039
202009 -0.052 111.700 -0.054
202012 -0.100 111.500 -0.103
202103 -0.035 112.662 -0.036
202106 -0.204 111.769 -0.210
202109 -0.108 112.215 -0.111
202112 -0.074 113.108 -0.075
202203 -0.151 114.335 -0.152
202206 0.023 114.558 0.023
202209 -0.055 115.339 -0.055
202212 -0.034 115.116 -0.034
202303 -0.040 115.116 -0.040
202306 0.013 114.558 0.013
202309 -0.069 115.339 -0.069
202312 0.024 114.781 0.024
202403 0.047 115.227 0.047

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.


AA Industrial Belting (Shanghai) Co  (SHSE:603580) 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.


AA Industrial Belting (Shanghai) Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of AA Industrial Belting (Shanghai) Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


AA Industrial Belting (Shanghai) Co (SHSE:603580) Business Description

Traded in Other Exchanges
N/A
Address
580 Xiangyin Road, Shanghai, CHN, 200433
AA Industrial Belting (Shanghai) Co Ltd is specialized in the research and development of light conveyor belts. Its main products include thermoplastic urethane (TPU) conveyor belts, thermoplastic polyester elastomeric (TPEE) conveyor belts, polyvinyl chloride (PVC) conveyor belts, polyethylene (PE) conveyor belts and seamless conveyor belts. Its product is widely used in food processing, airport logistics, textile printing, automotive and steel processing, tire, tobacco, and aluminum industry.
Executives
Tu Guo Sheng Director
Tu Mu Lin Director
Cai Rui Mei Director

AA Industrial Belting (Shanghai) Co (SHSE:603580) Headlines

No Headlines