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Lanzhou Huanghe Enterprise Co (SZSE:000929) Cyclically Adjusted Price-to-FCF : (As of Jun. 12, 2024)


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What is Lanzhou Huanghe Enterprise Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Lanzhou Huanghe Enterprise Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Lanzhou Huanghe Enterprise 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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Lanzhou Huanghe Enterprise Co Cyclically Adjusted Price-to-FCF Chart

Lanzhou Huanghe Enterprise 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 21.59 40.25 148.08 133.92 1,205.31

Lanzhou Huanghe Enterprise 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 192.86 1,084.25 588.25 1,205.31 -

Competitive Comparison of Lanzhou Huanghe Enterprise Co's Cyclically Adjusted Price-to-FCF

For the Beverages - Brewers subindustry, Lanzhou Huanghe Enterprise 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.


Lanzhou Huanghe Enterprise Co's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Lanzhou Huanghe Enterprise Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Lanzhou Huanghe Enterprise Co's Cyclically Adjusted Price-to-FCF falls into.



Lanzhou Huanghe Enterprise 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.

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

For example, Lanzhou Huanghe Enterprise 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)
=-0.004/115.2271*115.2271
=-0.004

Current CPI (Mar. 2024) = 115.2271.

Lanzhou Huanghe Enterprise Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.138 98.200 0.162
201409 0.052 98.900 0.061
201412 -0.086 99.000 -0.100
201503 0.077 99.900 0.089
201506 0.193 99.500 0.224
201509 -0.098 100.500 -0.112
201512 -0.051 100.600 -0.058
201603 0.250 102.200 0.282
201606 0.137 101.400 0.156
201609 0.026 102.400 0.029
201612 0.120 102.600 0.135
201703 0.180 103.200 0.201
201706 0.290 103.100 0.324
201709 -0.085 104.100 -0.094
201712 -0.252 104.500 -0.278
201803 0.301 105.300 0.329
201806 0.249 104.900 0.274
201809 -0.172 106.600 -0.186
201812 -0.237 106.500 -0.256
201903 0.167 107.700 0.179
201906 0.236 107.700 0.252
201909 -0.281 109.800 -0.295
201912 -0.220 111.200 -0.228
202003 -0.045 112.300 -0.046
202006 0.189 110.400 0.197
202009 -0.191 111.700 -0.197
202012 -0.143 111.500 -0.148
202103 0.238 112.662 0.243
202106 -1.181 111.769 -1.218
202109 1.055 112.215 1.083
202112 -1.370 113.108 -1.396
202203 0.110 114.335 0.111
202206 0.175 114.558 0.176
202209 -0.082 115.339 -0.082
202212 -0.082 115.116 -0.082
202303 0.043 115.116 0.043
202306 0.034 114.558 0.034
202309 -0.094 115.339 -0.094
202312 -0.170 114.781 -0.171
202403 -0.004 115.227 -0.004

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.


Lanzhou Huanghe Enterprise Co  (SZSE:000929) 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.


Lanzhou Huanghe Enterprise Co Cyclically Adjusted Price-to-FCF Related Terms

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Lanzhou Huanghe Enterprise Co (SZSE:000929) Business Description

Traded in Other Exchanges
N/A
Address
No. 219 Qingyang Road, Jinyun Building, 22 Floor, Lanzhou, Gansu, CHN, 730030
Lanzhou Huanghe Enterprise Co Ltd is a China-based company mainly engaged in the production, processing, and sales of beer, beverage, barley, malt, and forage. It sells its products under the brand names of Huanghe and Qinghaihu. The company is also engaged in the packaging and printing business.
Executives
Yang Shi Wen Director
Yang Ji Qiang Director
Yang Shi Jiang Director
Yang Shi Lian Director
Bao Guo Xian Director
Niu Dong Ji Directors, executives
Bai Kun Director, within half a year of separation

Lanzhou Huanghe Enterprise Co (SZSE:000929) Headlines

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