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CECEP Solar Energy Co (SZSE:000591) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is CECEP Solar Energy Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


CECEP Solar Energy Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CECEP Solar 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.

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CECEP Solar Energy Co Cyclically Adjusted Price-to-FCF Chart

CECEP Solar Energy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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CECEP Solar Energy 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 CECEP Solar Energy Co's Cyclically Adjusted Price-to-FCF

For the Utilities - Renewable subindustry, CECEP Solar 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.


CECEP Solar Energy Co's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, CECEP Solar Energy Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



CECEP Solar 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.

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

For example, CECEP Solar 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)
=-0.258/115.2271*115.2271
=-0.258

Current CPI (Mar. 2024) = 115.2271.

CECEP Solar Energy Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.034 98.200 0.040
201409 0.024 98.900 0.028
201412 -1.738 99.000 -2.023
201503 -0.264 99.900 -0.305
201506 -0.386 99.500 -0.447
201509 -0.254 100.500 -0.291
201512 -0.697 100.600 -0.798
201603 -0.235 102.200 -0.265
201606 -0.310 101.400 -0.352
201609 -0.279 102.400 -0.314
201612 -0.167 102.600 -0.188
201703 -0.183 103.200 -0.204
201706 -0.060 103.100 -0.067
201709 -0.042 104.100 -0.046
201712 -0.075 104.500 -0.083
201803 -0.061 105.300 -0.067
201806 0.018 104.900 0.020
201809 0.087 106.600 0.094
201812 0.087 106.500 0.094
201903 -0.097 107.700 -0.104
201906 0.022 107.700 0.024
201909 -0.080 109.800 -0.084
201912 -0.045 111.200 -0.047
202003 -0.083 112.300 -0.085
202006 0.006 110.400 0.006
202009 0.174 111.700 0.179
202012 0.112 111.500 0.116
202103 -0.014 112.662 -0.014
202106 0.140 111.769 0.144
202109 0.206 112.215 0.212
202112 0.090 113.108 0.092
202203 -0.018 114.335 -0.018
202206 0.077 114.558 0.077
202209 0.064 115.339 0.064
202212 0.642 115.116 0.643
202303 0.152 115.116 0.152
202306 -0.195 114.558 -0.196
202309 -0.132 115.339 -0.132
202312 -0.034 114.781 -0.034
202403 -0.258 115.227 -0.258

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.


CECEP Solar Energy Co  (SZSE:000591) 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.


CECEP Solar Energy Co Cyclically Adjusted Price-to-FCF Related Terms

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CECEP Solar Energy Co (SZSE:000591) Business Description

Traded in Other Exchanges
N/A
Address
No.131 Zhongshan Third Road, 19th Floor, Hilton Business Center, Yuzhong District, Chongqing, CHN, 100082
CECEP Solar Energy Co Ltd is a solar energy investment operator in China. It is engaged in the production and sales of solar cell and module.
Executives
Ai Wei Director
Peng Qi Yuan Director
Hu Xiao Hua Executives
Song Wei Directors, executives
Wang Zu Yue Executives
Liu Ya Supervisors
Lei Rong Director

CECEP Solar Energy Co (SZSE:000591) Headlines

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