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Zangge Mining Co (SZSE:000408) Cyclically Adjusted Price-to-FCF : 40.02 (As of Jun. 06, 2024)


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What is Zangge Mining Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Zangge Mining Co's current share price is ¥25.61. Zangge Mining Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.64. Zangge Mining Co's Cyclically Adjusted Price-to-FCF for today is 40.02.

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

SZSE:000408' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 34.81   Med: 129.33   Max: 727.5
Current: 40.58

During the past years, Zangge Mining Co's highest Cyclically Adjusted Price-to-FCF was 727.50. The lowest was 34.81. And the median was 129.33.

SZSE:000408's Cyclically Adjusted Price-to-FCF is ranked worse than
65.28% of 576 companies
in the Chemicals industry
Industry Median: 24.635 vs SZSE:000408: 40.58

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.

Zangge Mining Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.171. 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 ¥0.64 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zangge Mining Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zangge Mining 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.

Zangge Mining Co Cyclically Adjusted Price-to-FCF Chart

Zangge Mining 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 102.96 124.55 264.45 53.31 38.55

Zangge Mining 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 47.67 40.59 36.77 38.55 49.04

Competitive Comparison of Zangge Mining Co's Cyclically Adjusted Price-to-FCF

For the Chemicals subindustry, Zangge Mining 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.


Zangge Mining Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zangge Mining Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Zangge Mining 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.

Zangge Mining Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=25.61/0.64
=40.02

* 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.

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

For example, Zangge Mining 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)
=-0.171/115.2271*115.2271
=-0.171

Current CPI (Mar. 2024) = 115.2271.

Zangge Mining Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.001 98.200 -0.001
201409 0.044 98.900 0.051
201412 -0.039 99.000 -0.045
201503 0.001 99.900 0.001
201506 -0.001 99.500 -0.001
201509 0.049 100.500 0.056
201512 0.112 100.600 0.128
201603 -0.151 102.200 -0.170
201606 -0.013 101.400 -0.015
201609 0.362 102.400 0.407
201612 -0.143 102.600 -0.161
201703 -0.280 103.200 -0.313
201706 -0.045 103.100 -0.050
201709 0.029 104.100 0.032
201712 0.200 104.500 0.221
201803 -0.050 105.300 -0.055
201806 -0.103 104.900 -0.113
201809 0.131 106.600 0.142
201812 0.334 106.500 0.361
201903 0.029 107.700 0.031
201906 0.045 107.700 0.048
201909 0.002 109.800 0.002
201912 0.005 111.200 0.005
202003 0.058 112.300 0.060
202006 -0.090 110.400 -0.094
202009 0.456 111.700 0.470
202012 -0.467 111.500 -0.483
202103 0.174 112.662 0.178
202106 0.117 111.769 0.121
202109 0.203 112.215 0.208
202112 0.505 113.108 0.514
202203 0.592 114.335 0.597
202206 1.419 114.558 1.427
202209 0.581 115.339 0.580
202212 0.753 115.116 0.754
202303 0.169 115.116 0.169
202306 0.553 114.558 0.556
202309 0.575 115.339 0.574
202312 0.404 114.781 0.406
202403 -0.171 115.227 -0.171

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.


Zangge Mining Co  (SZSE:000408) 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.


Zangge Mining Co Cyclically Adjusted Price-to-FCF Related Terms

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Zangge Mining Co (SZSE:000408) Business Description

Traded in Other Exchanges
N/A
Address
No. 15-02, Kunlun South Road, Qinghai Province, Golmud, CHN, 056200
Zangge Mining Co Ltd is engaged in the manufacturing of chemicals and fertilizers including potassium chloride, fertilizers, and among others. It operates through subsidiary that is engaged in the production and sales of potassium chloride.
Executives
Zhang Ping Directors, executives
Xiao Yong Ming Director
Li Shuang Executives
Xiao Yao Directors, executives
Wu Zheng De Directors, Directors, and Executives
Zheng Ju Fu Director
Dai Guan Hua Director

Zangge Mining Co (SZSE:000408) Headlines

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