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Guangdong Songyang Recycle Resources Co (SHSE:603863) Cyclically Adjusted Price-to-FCF : (As of Jun. 12, 2024)


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What is Guangdong Songyang Recycle Resources Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Guangdong Songyang Recycle Resources Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Guangdong Songyang Recycle Resources 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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Guangdong Songyang Recycle Resources Co Cyclically Adjusted Price-to-FCF Chart

Guangdong Songyang Recycle Resources Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Guangdong Songyang Recycle Resources 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 Guangdong Songyang Recycle Resources Co's Cyclically Adjusted Price-to-FCF

For the Paper & Paper Products subindustry, Guangdong Songyang Recycle Resources 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.


Guangdong Songyang Recycle Resources Co's Cyclically Adjusted Price-to-FCF Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Guangdong Songyang Recycle Resources Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Guangdong Songyang Recycle Resources Co's Cyclically Adjusted Price-to-FCF falls into.



Guangdong Songyang Recycle Resources 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.

Guangdong Songyang Recycle Resources Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Guangdong Songyang Recycle Resources Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.319/114.7809*114.7809
=-0.319

Current CPI (Dec23) = 114.7809.

Guangdong Songyang Recycle Resources Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.446 99.000 0.517
201512 -0.615 100.600 -0.702
201612 0.211 102.600 0.236
201712 0.125 104.500 0.137
201812 0.804 106.500 0.867
201912 -0.133 111.200 -0.137
202012 -1.683 111.500 -1.733
202112 -1.592 113.108 -1.616
202212 -0.919 115.116 -0.916
202312 -0.319 114.781 -0.319

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.


Guangdong Songyang Recycle Resources Co  (SHSE:603863) 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.


Guangdong Songyang Recycle Resources Co Cyclically Adjusted Price-to-FCF Related Terms

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Guangdong Songyang Recycle Resources Co (SHSE:603863) Business Description

Traded in Other Exchanges
N/A
Address
Hongli Industrial Zone, Lianxia Town, Chenghai District, Guangdong Province, Shantou City, CHN, 515800
Guangdong Songyang Recycle Resources Co Ltd is a high-tech enterprise engaged in the research and development, production and sales of environmentally-friendly recycled paper.
Executives
Wang Zhuang Peng Director

Guangdong Songyang Recycle Resources Co (SHSE:603863) Headlines

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