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Guoyuan Securities Co (SZSE:000728) Cyclically Adjusted Price-to-FCF : 104.83 (As of Jun. 08, 2024)


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What is Guoyuan Securities Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-08), Guoyuan Securities Co's current share price is ¥6.29. Guoyuan Securities Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.06. Guoyuan Securities Co's Cyclically Adjusted Price-to-FCF for today is 104.83.

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

SZSE:000728' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.89   Med: 23.86   Max: 113.83
Current: 112.41

During the past years, Guoyuan Securities Co's highest Cyclically Adjusted Price-to-FCF was 113.83. The lowest was 10.89. And the median was 23.86.

SZSE:000728's Cyclically Adjusted Price-to-FCF is ranked worse than
89.21% of 241 companies
in the Capital Markets industry
Industry Median: 18.37 vs SZSE:000728: 112.41

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.

Guoyuan Securities Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.817. 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 ¥0.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Guoyuan Securities Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Guoyuan Securities 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.

Guoyuan Securities Co Cyclically Adjusted Price-to-FCF Chart

Guoyuan Securities Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Guoyuan Securities 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 - - - - 116.88

Competitive Comparison of Guoyuan Securities Co's Cyclically Adjusted Price-to-FCF

For the Capital Markets subindustry, Guoyuan Securities 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.


Guoyuan Securities Co's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Guoyuan Securities Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Guoyuan Securities 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.

Guoyuan Securities Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.29/0.06
=104.83

* 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.

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

For example, Guoyuan Securities 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)
=0.817/115.2271*115.2271
=0.817

Current CPI (Mar. 2024) = 115.2271.

Guoyuan Securities Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.019 98.200 -0.022
201409 0.810 98.900 0.944
201412 1.716 99.000 1.997
201503 0.454 99.900 0.524
201506 3.457 99.500 4.003
201509 -1.283 100.500 -1.471
201512 -2.408 100.600 -2.758
201603 0.334 102.200 0.377
201606 -0.845 101.400 -0.960
201609 -1.616 102.400 -1.818
201612 0.100 102.600 0.112
201703 0.443 103.200 0.495
201706 -0.243 103.100 -0.272
201709 -0.881 104.100 -0.975
201712 0.008 104.500 0.009
201803 0.095 105.300 0.104
201806 -0.011 104.900 -0.012
201809 -0.618 106.600 -0.668
201812 -0.153 106.500 -0.166
201903 1.574 107.700 1.684
201906 0.157 107.700 0.168
201909 -0.387 109.800 -0.406
201912 -0.079 111.200 -0.082
202003 1.062 112.300 1.090
202006 0.238 110.400 0.248
202009 -1.210 111.700 -1.248
202012 -0.068 111.500 -0.070
202103 -0.793 112.662 -0.811
202106 0.543 111.769 0.560
202109 -0.239 112.215 -0.245
202112 0.039 113.108 0.040
202203 -0.336 114.335 -0.339
202206 0.671 114.558 0.675
202209 -1.072 115.339 -1.071
202212 1.388 115.116 1.389
202303 -0.563 115.116 -0.564
202306 -0.510 114.558 -0.513
202309 -0.758 115.339 -0.757
202312 0.551 114.781 0.553
202403 0.817 115.227 0.817

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.


Guoyuan Securities Co  (SZSE:000728) 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.


Guoyuan Securities Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Guoyuan Securities Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Guoyuan Securities Co (SZSE:000728) Business Description

Traded in Other Exchanges
N/A
Address
No.5, Meishan Road, Anhui, Hefei, CHN, 230000
Guoyuan Securities Co Ltd is engaged in securities brokerage, securities investment consulting, securities underwriting and sponsoring, securities asset management and securities trading in China. The company also provides financial services such as research consulting, direct investment, margin financing, funds, futures, trusts, and insurance.
Executives
Wei Xiang Director
Ren Ming Chuan Independent director
Zhang Fei Fei Director
Chen Dong Jie Executives
Yu Shi Xin Director
Wu Qing Securities Affairs Representative
Guo Shi Gang Director
Chen Yan Hua Director
Lin Chuan Hui Director

Guoyuan Securities Co (SZSE:000728) Headlines

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