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Chen Ke Ming Food Manufacturing Co (SZSE:002661) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is Chen Ke Ming Food Manufacturing Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Chen Ke Ming Food Manufacturing Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Chen Ke Ming Food Manufacturing 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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Chen Ke Ming Food Manufacturing Co Cyclically Adjusted Price-to-FCF Chart

Chen Ke Ming Food Manufacturing Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Chen Ke Ming Food Manufacturing 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 Chen Ke Ming Food Manufacturing Co's Cyclically Adjusted Price-to-FCF

For the Packaged Foods subindustry, Chen Ke Ming Food Manufacturing 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.


Chen Ke Ming Food Manufacturing Co's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Chen Ke Ming Food Manufacturing Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Chen Ke Ming Food Manufacturing Co's Cyclically Adjusted Price-to-FCF falls into.



Chen Ke Ming Food Manufacturing 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.

Chen Ke Ming Food Manufacturing Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Chen Ke Ming Food Manufacturing 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)
=0.307/115.2271*115.2271
=0.307

Current CPI (Mar. 2024) = 115.2271.

Chen Ke Ming Food Manufacturing Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.212 98.200 -0.249
201409 -0.232 98.900 -0.270
201412 0.182 99.000 0.212
201503 -0.134 99.900 -0.155
201506 -0.219 99.500 -0.254
201509 -0.245 100.500 -0.281
201512 -0.064 100.600 -0.073
201603 -0.054 102.200 -0.061
201606 -0.165 101.400 -0.187
201609 -0.298 102.400 -0.335
201612 -0.179 102.600 -0.201
201703 -0.033 103.200 -0.037
201706 -0.388 103.100 -0.434
201709 0.043 104.100 0.048
201712 -0.497 104.500 -0.548
201803 0.472 105.300 0.516
201806 -0.699 104.900 -0.768
201809 -0.452 106.600 -0.489
201812 -0.249 106.500 -0.269
201903 0.635 107.700 0.679
201906 -0.385 107.700 -0.412
201909 -0.366 109.800 -0.384
201912 0.042 111.200 0.044
202003 0.610 112.300 0.626
202006 0.076 110.400 0.079
202009 -0.191 111.700 -0.197
202012 -0.522 111.500 -0.539
202103 0.300 112.662 0.307
202106 -0.216 111.769 -0.223
202109 -0.035 112.215 -0.036
202112 -0.164 113.108 -0.167
202203 -0.504 114.335 -0.508
202206 -0.359 114.558 -0.361
202209 -0.285 115.339 -0.285
202212 0.115 115.116 0.115
202303 -0.011 115.116 -0.011
202306 0.334 114.558 0.336
202309 0.346 115.339 0.346
202312 0.171 114.781 0.172
202403 0.307 115.227 0.307

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.


Chen Ke Ming Food Manufacturing Co  (SZSE:002661) 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.


Chen Ke Ming Food Manufacturing Co Cyclically Adjusted Price-to-FCF Related Terms

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Chen Ke Ming Food Manufacturing Co (SZSE:002661) Business Description

Traded in Other Exchanges
N/A
Address
No. 28, Zhenhua Road, Environmental Protection Technology Industrial Park, Yuhua District, Hunan Province, Changsha, CHN, 410116
Chen Ke Ming Food Manufacturing Co Ltd is a food manufacturing company in China. It is engaged in the research and development, production, and sale of middle and high-grade fine dried noodles. Its noodles are categories into six series - nutrition, power, high-gluten, gift, children, and other series. The company distributes its products under the brand name CKM.
Executives
Chen Hong Directors, executives
Chen Yan Secretary, Director
Yang Bo Executives
Zhang Bo Dong Executives
Zhang Xiao Executives
Li Rui Executives
Duan Ju Xiang Director
Zhang Jun Hui Executives
Chen Ke Zhong Director
Yang Li Juan Supervisors
Zhang Mu Lin Independent director
Li Qing Long Independent director
Chen Ke Ming Director
Chen Hui Director
Wang Yong Secretary, Director

Chen Ke Ming Food Manufacturing Co (SZSE:002661) Headlines

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