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Zhuzhou Tianqiao Crane Co (SZSE:002523) Cyclically Adjusted Price-to-FCF : 50.60 (As of Jun. 09, 2024)


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What is Zhuzhou Tianqiao Crane Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Zhuzhou Tianqiao Crane Co's current share price is ¥2.53. Zhuzhou Tianqiao Crane Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.05. Zhuzhou Tianqiao Crane Co's Cyclically Adjusted Price-to-FCF for today is 50.60.

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

SZSE:002523' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 44.33   Med: 141   Max: 326
Current: 48.43

During the past years, Zhuzhou Tianqiao Crane Co's highest Cyclically Adjusted Price-to-FCF was 326.00. The lowest was 44.33. And the median was 141.00.

SZSE:002523's Cyclically Adjusted Price-to-FCF is ranked worse than
75.76% of 99 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 25.54 vs SZSE:002523: 48.43

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.

Zhuzhou Tianqiao Crane Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.082. 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 ¥0.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhuzhou Tianqiao Crane Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zhuzhou Tianqiao Crane 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.

Zhuzhou Tianqiao Crane Co Cyclically Adjusted Price-to-FCF Chart

Zhuzhou Tianqiao Crane 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 - - - 144.63 49.12

Zhuzhou Tianqiao Crane 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 150.65 125.93 93.64 49.12 60.29

Competitive Comparison of Zhuzhou Tianqiao Crane Co's Cyclically Adjusted Price-to-FCF

For the Farm & Heavy Construction Machinery subindustry, Zhuzhou Tianqiao Crane 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.


Zhuzhou Tianqiao Crane Co's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Zhuzhou Tianqiao Crane Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Zhuzhou Tianqiao Crane Co's Cyclically Adjusted Price-to-FCF falls into.



Zhuzhou Tianqiao Crane 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.

Zhuzhou Tianqiao Crane Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.53/0.05
=50.60

* 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.

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

For example, Zhuzhou Tianqiao Crane 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)
=-0.082/115.2271*115.2271
=-0.082

Current CPI (Mar. 2024) = 115.2271.

Zhuzhou Tianqiao Crane Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.001 98.200 0.001
201409 -0.019 98.900 -0.022
201412 0.002 99.000 0.002
201503 0.036 99.900 0.042
201506 -0.040 99.500 -0.046
201509 -0.011 100.500 -0.013
201512 0.027 100.600 0.031
201603 -0.026 102.200 -0.029
201606 -0.007 101.400 -0.008
201609 0.010 102.400 0.011
201612 0.047 102.600 0.053
201703 -0.029 103.200 -0.032
201706 0.002 103.100 0.002
201709 0.050 104.100 0.055
201712 0.099 104.500 0.109
201803 -0.093 105.300 -0.102
201806 -0.043 104.900 -0.047
201809 -0.006 106.600 -0.006
201812 0.051 106.500 0.055
201903 -0.026 107.700 -0.028
201906 -0.021 107.700 -0.022
201909 0.065 109.800 0.068
201912 0.049 111.200 0.051
202003 -0.070 112.300 -0.072
202006 0.026 110.400 0.027
202009 0.025 111.700 0.026
202012 0.013 111.500 0.013
202103 -0.131 112.662 -0.134
202106 0.059 111.769 0.061
202109 0.039 112.215 0.040
202112 0.063 113.108 0.064
202203 -0.080 114.335 -0.081
202206 0.011 114.558 0.011
202209 0.130 115.339 0.130
202212 0.106 115.116 0.106
202303 -0.044 115.116 -0.044
202306 0.021 114.558 0.021
202309 0.057 115.339 0.057
202312 0.253 114.781 0.254
202403 -0.082 115.227 -0.082

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.


Zhuzhou Tianqiao Crane Co  (SZSE:002523) 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.


Zhuzhou Tianqiao Crane Co Cyclically Adjusted Price-to-FCF Related Terms

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Zhuzhou Tianqiao Crane Co (SZSE:002523) Business Description

Traded in Other Exchanges
N/A
Address
Beimen Tianxin Zhuzhou, Hunan Province, Hunan, CHN, 412001
Zhuzhou Tianqiao Crane Co Ltd manufactures and supplies various special use cranes for steel, aluminum smelting, power, nuclear, and other industries in China and internationally. It offers pot tending machines, furnace tending machines, stacking cranes, transfer gantries, rail lifting beams and cathode cranes among others.
Executives
Huang Wen Bin Executives
Zhuang Rong Director
Peng Yue Xiang Supervisors
Xiao Jian Ping Director
Zheng Zheng Guo Executives
Chu Xing Qun Executives
Duan Li Yuan Supervisors
Xia Xiao Hui Director

Zhuzhou Tianqiao Crane Co (SZSE:002523) Headlines

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