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Zhejiang Huatong Meat Products Co (SZSE:002840) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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What is Zhejiang Huatong Meat Products Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Huatong Meat Products Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zhejiang Huatong Meat Products 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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Zhejiang Huatong Meat Products Co Cyclically Adjusted Price-to-FCF Chart

Zhejiang Huatong Meat Products Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Zhejiang Huatong Meat Products 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 Zhejiang Huatong Meat Products Co's Cyclically Adjusted Price-to-FCF

For the Packaged Foods subindustry, Zhejiang Huatong Meat Products 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.


Zhejiang Huatong Meat Products Co's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Zhejiang Huatong Meat Products Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Zhejiang Huatong Meat Products Co's Cyclically Adjusted Price-to-FCF falls into.



Zhejiang Huatong Meat Products 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.

Zhejiang Huatong Meat Products Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Zhejiang Huatong Meat Products 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)
=-0.275/115.2271*115.2271
=-0.275

Current CPI (Mar. 2024) = 115.2271.

Zhejiang Huatong Meat Products Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201112 0.000 92.885 0.000
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201403 -0.103 98.600 -0.120
201412 0.000 99.000 0.000
201509 0.000 100.500 0.000
201512 0.000 100.600 0.000
201603 -0.038 102.200 -0.043
201606 0.182 101.400 0.207
201609 0.101 102.400 0.114
201612 0.203 102.600 0.228
201703 0.051 103.200 0.057
201706 -0.047 103.100 -0.053
201709 0.091 104.100 0.101
201712 0.066 104.500 0.073
201803 -0.156 105.300 -0.171
201806 -0.110 104.900 -0.121
201809 -0.256 106.600 -0.277
201812 0.271 106.500 0.293
201903 -0.336 107.700 -0.359
201906 -0.227 107.700 -0.243
201909 -0.303 109.800 -0.318
201912 -0.118 111.200 -0.122
202003 -0.033 112.300 -0.034
202006 -0.618 110.400 -0.645
202009 -0.969 111.700 -1.000
202012 -1.225 111.500 -1.266
202103 -1.565 112.662 -1.601
202106 -1.374 111.769 -1.417
202109 -0.988 112.215 -1.015
202112 -0.408 113.108 -0.416
202203 -1.058 114.335 -1.066
202206 -0.198 114.558 -0.199
202209 -0.023 115.339 -0.023
202212 -0.167 115.116 -0.167
202303 -0.160 115.116 -0.160
202306 -0.328 114.558 -0.330
202309 -0.381 115.339 -0.381
202312 -0.007 114.781 -0.007
202403 -0.275 115.227 -0.275

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.


Zhejiang Huatong Meat Products Co  (SZSE:002840) 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.


Zhejiang Huatong Meat Products Co Cyclically Adjusted Price-to-FCF Related Terms

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Zhejiang Huatong Meat Products Co (SZSE:002840) Business Description

Traded in Other Exchanges
N/A
Address
YitangGutang Industrial Zone, Zhejiang Province, Yiwu, CHN, 322005
Zhejiang Huatong Meat Products Co Ltd is a meat producing company. It is engaged in the businesses of feed processing, livestock and poultry breeding, poultry slaughter and processing of meat products. The products of the company include feed, fresh pork, raw poultry, Jinhua ham, sauce and halogen products.
Executives
Zhu Jian Yong Director

Zhejiang Huatong Meat Products Co (SZSE:002840) Headlines

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