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Shouhang High-Tech Energy Co (SZSE:002665) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is Shouhang High-Tech Energy Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shouhang High-Tech Energy Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shouhang High-Tech Energy 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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Shouhang High-Tech Energy Co Cyclically Adjusted Price-to-FCF Chart

Shouhang High-Tech Energy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Shouhang High-Tech Energy 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 Shouhang High-Tech Energy Co's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Shouhang High-Tech Energy 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.


Shouhang High-Tech Energy Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shouhang High-Tech Energy Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shouhang High-Tech Energy Co's Cyclically Adjusted Price-to-FCF falls into.



Shouhang High-Tech Energy 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.

Shouhang High-Tech Energy Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shouhang High-Tech Energy 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)
=0.022/115.2271*115.2271
=0.022

Current CPI (Mar. 2024) = 115.2271.

Shouhang High-Tech Energy Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.008 98.200 -0.009
201409 -0.048 98.900 -0.056
201412 0.001 99.000 0.001
201503 -0.252 99.900 -0.291
201506 -0.045 99.500 -0.052
201509 -0.292 100.500 -0.335
201512 0.170 100.600 0.195
201603 -0.133 102.200 -0.150
201606 0.002 101.400 0.002
201609 0.045 102.400 0.051
201612 -0.025 102.600 -0.028
201703 -0.068 103.200 -0.076
201706 -0.082 103.100 -0.092
201709 -0.002 104.100 -0.002
201712 -0.120 104.500 -0.132
201803 -0.215 105.300 -0.235
201806 -0.156 104.900 -0.171
201809 -0.170 106.600 -0.184
201812 -0.099 106.500 -0.107
201903 -0.077 107.700 -0.082
201906 -0.113 107.700 -0.121
201909 -0.023 109.800 -0.024
201912 -0.095 111.200 -0.098
202003 -0.199 112.300 -0.204
202006 -0.198 110.400 -0.207
202009 -0.108 111.700 -0.111
202012 -0.056 111.500 -0.058
202103 -0.094 112.662 -0.096
202106 -0.075 111.769 -0.077
202109 -0.036 112.215 -0.037
202112 -0.072 113.108 -0.073
202203 0.004 114.335 0.004
202206 0.087 114.558 0.088
202209 -0.030 115.339 -0.030
202212 0.060 115.116 0.060
202303 -0.047 115.116 -0.047
202306 -0.025 114.558 -0.025
202309 0.022 115.339 0.022
202312 0.042 114.781 0.042
202403 0.022 115.227 0.022

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.


Shouhang High-Tech Energy Co  (SZSE:002665) 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.


Shouhang High-Tech Energy Co Cyclically Adjusted Price-to-FCF Related Terms

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Shouhang High-Tech Energy Co (SZSE:002665) Business Description

Traded in Other Exchanges
N/A
Address
188 South, 4th Ring West Road, Building 20, Block 3, Daxing, CHN, 102602
Shouhang High-Tech Energy Co Ltd is a China-based company engaged in developing, designing, manufacturing and selling air-cooling systems. Its activities involve the development of CSP power generating, power plant air cooling system, waste heat power generating, desalination system, industrial wastewater zero emission system, EPC and project investment.
Executives
Huang Qing Le Directors, executives
Huang Wen Jia Director
Liu Qiang Supervisors
Wang Jian Executives
Wu Jing He Supervisors

Shouhang High-Tech Energy Co (SZSE:002665) Headlines

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