GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Sichuan Hexie Shuangma Co Ltd (SZSE:000935) » Definitions » Cyclically Adjusted Price-to-FCF

Sichuan Hexie Shuangma Co (SZSE:000935) Cyclically Adjusted Price-to-FCF : 20.40 (As of Jun. 02, 2024)


View and export this data going back to 1999. Start your Free Trial

What is Sichuan Hexie Shuangma Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-02), Sichuan Hexie Shuangma Co's current share price is ¥13.87. Sichuan Hexie Shuangma Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.68. Sichuan Hexie Shuangma Co's Cyclically Adjusted Price-to-FCF for today is 20.40.

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

SZSE:000935' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 20.26   Med: 37.44   Max: 165.45
Current: 20.26

During the past years, Sichuan Hexie Shuangma Co's highest Cyclically Adjusted Price-to-FCF was 165.45. The lowest was 20.26. And the median was 37.44.

SZSE:000935's Cyclically Adjusted Price-to-FCF is ranked worse than
52.2% of 500 companies
in the Asset Management industry
Industry Median: 19.54 vs SZSE:000935: 20.26

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.

Sichuan Hexie Shuangma Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.052. 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 ¥0.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sichuan Hexie Shuangma Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sichuan Hexie Shuangma 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.

Sichuan Hexie Shuangma Co Cyclically Adjusted Price-to-FCF Chart

Sichuan Hexie Shuangma 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 39.02 23.14 36.62 29.69 26.43

Sichuan Hexie Shuangma 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 30.78 25.07 23.30 26.43 22.54

Competitive Comparison of Sichuan Hexie Shuangma Co's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Sichuan Hexie Shuangma 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.


Sichuan Hexie Shuangma Co's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Sichuan Hexie Shuangma Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Sichuan Hexie Shuangma Co's Cyclically Adjusted Price-to-FCF falls into.



Sichuan Hexie Shuangma 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.

Sichuan Hexie Shuangma Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=13.87/0.68
=20.40

* 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.

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

For example, Sichuan Hexie Shuangma 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)
=0.052/115.2271*115.2271
=0.052

Current CPI (Mar. 2024) = 115.2271.

Sichuan Hexie Shuangma Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.401 98.200 0.471
201409 0.192 98.900 0.224
201412 0.365 99.000 0.425
201503 -0.284 99.900 -0.328
201506 0.100 99.500 0.116
201509 0.235 100.500 0.269
201512 0.068 100.600 0.078
201603 0.011 102.200 0.012
201606 0.198 101.400 0.225
201609 0.117 102.400 0.132
201612 0.327 102.600 0.367
201703 -0.170 103.200 -0.190
201706 0.092 103.100 0.103
201709 0.263 104.100 0.291
201712 0.462 104.500 0.509
201803 0.043 105.300 0.047
201806 0.232 104.900 0.255
201809 0.319 106.600 0.345
201812 0.259 106.500 0.280
201903 0.043 107.700 0.046
201906 0.400 107.700 0.428
201909 0.248 109.800 0.260
201912 0.443 111.200 0.459
202003 0.121 112.300 0.124
202006 0.265 110.400 0.277
202009 0.086 111.700 0.089
202012 0.194 111.500 0.200
202103 0.033 112.662 0.034
202106 0.128 111.769 0.132
202109 0.072 112.215 0.074
202112 0.214 113.108 0.218
202203 0.045 114.335 0.045
202206 0.078 114.558 0.078
202209 0.069 115.339 0.069
202212 0.261 115.116 0.261
202303 -0.033 115.116 -0.033
202306 0.095 114.558 0.096
202309 0.055 115.339 0.055
202312 0.250 114.781 0.251
202403 0.052 115.227 0.052

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.


Sichuan Hexie Shuangma Co  (SZSE:000935) 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.


Sichuan Hexie Shuangma Co Cyclically Adjusted Price-to-FCF Related Terms

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


Sichuan Hexie Shuangma Co (SZSE:000935) Business Description

Traded in Other Exchanges
N/A
Address
Erlangmiao Town, Sichuan Province, Jiangyou, CHN, 610000
Sichuan Hexie Shuangma Co Ltd is engaged in industrial investment and equity investment fund management. The company mainly manages assets including building materials manufacturing enterprises and equity investment fund management companies. Its building materials manufacturing enterprise business includes the production and sales of cement products and construction aggregates.
Executives
Feng Tao Executives
Xie Jin Hua Supervisors
Wang Qiao Director
Li Feng Li Supervisors
Zhang Yan Xue Director

Sichuan Hexie Shuangma Co (SZSE:000935) Headlines

No Headlines