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CITIC Offshore Helicopter Co (SZSE:000099) Cyclically Adjusted Price-to-FCF : 56.15 (As of May. 26, 2024)


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What is CITIC Offshore Helicopter Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), CITIC Offshore Helicopter Co's current share price is ¥19.09. CITIC Offshore Helicopter Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.34. CITIC Offshore Helicopter Co's Cyclically Adjusted Price-to-FCF for today is 56.15.

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

SZSE:000099' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 30.04   Med: 87.58   Max: 435.5
Current: 56.6

During the past years, CITIC Offshore Helicopter Co's highest Cyclically Adjusted Price-to-FCF was 435.50. The lowest was 30.04. And the median was 87.58.

SZSE:000099's Cyclically Adjusted Price-to-FCF is ranked worse than
85.44% of 419 companies
in the Transportation industry
Industry Median: 18.22 vs SZSE:000099: 56.60

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.

CITIC Offshore Helicopter Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.495. 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 ¥0.34 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CITIC Offshore Helicopter Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CITIC Offshore Helicopter 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.

CITIC Offshore Helicopter Co Cyclically Adjusted Price-to-FCF Chart

CITIC Offshore Helicopter 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 - - 125.59 83.00 31.50

CITIC Offshore Helicopter 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 47.05 47.96 32.49 31.50 46.61

Competitive Comparison of CITIC Offshore Helicopter Co's Cyclically Adjusted Price-to-FCF

For the Integrated Freight & Logistics subindustry, CITIC Offshore Helicopter 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.


CITIC Offshore Helicopter Co's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, CITIC Offshore Helicopter Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where CITIC Offshore Helicopter Co's Cyclically Adjusted Price-to-FCF falls into.



CITIC Offshore Helicopter 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.

CITIC Offshore Helicopter Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=19.09/0.34
=56.15

* 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.

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

For example, CITIC Offshore Helicopter 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)
=0.495/115.2271*115.2271
=0.495

Current CPI (Mar. 2024) = 115.2271.

CITIC Offshore Helicopter Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.059 98.200 -0.069
201409 -0.096 98.900 -0.112
201412 0.064 99.000 0.074
201503 0.040 99.900 0.046
201506 -0.451 99.500 -0.522
201509 0.217 100.500 0.249
201512 0.462 100.600 0.529
201603 0.069 102.200 0.078
201606 -0.229 101.400 -0.260
201609 0.098 102.400 0.110
201612 0.324 102.600 0.364
201703 0.121 103.200 0.135
201706 0.094 103.100 0.105
201709 -0.949 104.100 -1.050
201712 0.380 104.500 0.419
201803 -0.173 105.300 -0.189
201806 -0.078 104.900 -0.086
201809 0.184 106.600 0.199
201812 0.182 106.500 0.197
201903 0.101 107.700 0.108
201906 0.022 107.700 0.024
201909 0.450 109.800 0.472
201912 0.297 111.200 0.308
202003 0.465 112.300 0.477
202006 0.237 110.400 0.247
202009 0.358 111.700 0.369
202012 -0.476 111.500 -0.492
202103 0.467 112.662 0.478
202106 -0.093 111.769 -0.096
202109 0.237 112.215 0.243
202112 0.063 113.108 0.064
202203 0.139 114.335 0.140
202206 -0.151 114.558 -0.152
202209 0.276 115.339 0.276
202212 -0.210 115.116 -0.210
202303 0.256 115.116 0.256
202306 -0.024 114.558 -0.024
202309 -0.029 115.339 -0.029
202312 0.201 114.781 0.202
202403 0.495 115.227 0.495

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.


CITIC Offshore Helicopter Co  (SZSE:000099) 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.


CITIC Offshore Helicopter Co Cyclically Adjusted Price-to-FCF Related Terms

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CITIC Offshore Helicopter Co (SZSE:000099) Business Description

Traded in Other Exchanges
N/A
Address
Qilin Road, Shenzhen Heliport, Nanshan District, Shenzhen, Guangdong, CHN, 518052
CITIC Offshore Helicopter Co Ltd is engaged in the development of offshore oil and development of general aviation. The business of the company includes direct sea navigation, aviation maintenance, aviation training, capital operation, and drone.
Executives
Xu Wei Jie Executives
Ning Zhi He Supervisors
Yu Jin Shu Executives
Bi Wei Director
Liu Tie Xiong Directors, executives

CITIC Offshore Helicopter Co (SZSE:000099) Headlines

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