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Qinchuan Machine Tool & Tool Group Share Co (SZSE:000837) Cyclically Adjusted Price-to-FCF : (As of Jun. 02, 2024)


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What is Qinchuan Machine Tool & Tool Group Share Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Qinchuan Machine Tool & Tool Group Share Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Qinchuan Machine Tool & Tool Group Share 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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Qinchuan Machine Tool & Tool Group Share Co Cyclically Adjusted Price-to-FCF Chart

Qinchuan Machine Tool & Tool Group Share Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Qinchuan Machine Tool & Tool Group Share 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 Qinchuan Machine Tool & Tool Group Share Co's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Qinchuan Machine Tool & Tool Group Share 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.


Qinchuan Machine Tool & Tool Group Share Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Qinchuan Machine Tool & Tool Group Share Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Qinchuan Machine Tool & Tool Group Share Co's Cyclically Adjusted Price-to-FCF falls into.



Qinchuan Machine Tool & Tool Group Share 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.

Qinchuan Machine Tool & Tool Group Share Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Qinchuan Machine Tool & Tool Group Share 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)
=-0.194/115.2271*115.2271
=-0.194

Current CPI (Mar. 2024) = 115.2271.

Qinchuan Machine Tool & Tool Group Share Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.016 98.200 0.019
201409 -0.048 98.900 -0.056
201412 -0.081 99.000 -0.094
201503 -0.187 99.900 -0.216
201506 -0.027 99.500 -0.031
201509 -0.117 100.500 -0.134
201512 0.036 100.600 0.041
201603 -0.153 102.200 -0.173
201606 -0.043 101.400 -0.049
201609 0.062 102.400 0.070
201612 -0.105 102.600 -0.118
201703 -0.113 103.200 -0.126
201706 -0.012 103.100 -0.013
201709 -0.028 104.100 -0.031
201712 0.011 104.500 0.012
201803 -0.240 105.300 -0.263
201806 -0.022 104.900 -0.024
201809 0.138 106.600 0.149
201812 -0.039 106.500 -0.042
201903 -0.118 107.700 -0.126
201906 -0.083 107.700 -0.089
201909 -0.011 109.800 -0.012
201912 0.183 111.200 0.190
202003 -0.127 112.300 -0.130
202006 0.045 110.400 0.047
202009 0.041 111.700 0.042
202012 0.451 111.500 0.466
202103 -0.040 112.662 -0.041
202106 0.118 111.769 0.122
202109 0.146 112.215 0.150
202112 0.158 113.108 0.161
202203 -0.165 114.335 -0.166
202206 0.002 114.558 0.002
202209 -0.153 115.339 -0.153
202212 0.069 115.116 0.069
202303 -0.078 115.116 -0.078
202306 -0.022 114.558 -0.022
202309 -0.134 115.339 -0.134
202312 0.069 114.781 0.069
202403 -0.194 115.227 -0.194

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.


Qinchuan Machine Tool & Tool Group Share Co  (SZSE:000837) 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.


Qinchuan Machine Tool & Tool Group Share Co Cyclically Adjusted Price-to-FCF Related Terms

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Qinchuan Machine Tool & Tool Group Share Co (SZSE:000837) Business Description

Traded in Other Exchanges
N/A
Address
No. 22 Jiangtan Road, Shanxi, Baoji, CHN, 721009
Qinchuan Machine Tool & Tool Group Share Co Ltd is mainly engaged in the production and sales of metal cutting machine tools, plastic processing machinery and related equipment and raw materials in China. It offers CNC machine tools, gear and gearboxes, plastics machinery, and precision casting products.
Executives
Zhao Jia Bao Executives
Hu Hong Directors, executives
Tian Sha Executives
Hang Bao Jun Executives
Si Guan Lin Executives
Guo Bao An Executives
Long Xing Yuan Directors, executives
Fu Lin Xing Directors, executives
Song Geng Tian Supervisors
Liu Wan Chao Directors, executives
Li Qiang Director
Wang La Xiang Supervisors
Mao Feng Executives
Zhang Yi Supervisors
Wu Kang Executives

Qinchuan Machine Tool & Tool Group Share Co (SZSE:000837) Headlines

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