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Shanghai Taisheng Wind Power Equipment Co (SZSE:300129) Cyclically Adjusted Price-to-FCF : (As of Jun. 04, 2024)


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What is Shanghai Taisheng Wind Power Equipment Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Taisheng Wind Power Equipment Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shanghai Taisheng Wind Power Equipment 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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Shanghai Taisheng Wind Power Equipment Co Cyclically Adjusted Price-to-FCF Chart

Shanghai Taisheng Wind Power Equipment 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 - 794.01 612.75 - -

Shanghai Taisheng Wind Power Equipment 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 Shanghai Taisheng Wind Power Equipment Co's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Shanghai Taisheng Wind Power Equipment 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.


Shanghai Taisheng Wind Power Equipment Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Taisheng Wind Power Equipment Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shanghai Taisheng Wind Power Equipment Co's Cyclically Adjusted Price-to-FCF falls into.



Shanghai Taisheng Wind Power Equipment 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.

Shanghai Taisheng Wind Power Equipment Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shanghai Taisheng Wind Power Equipment 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)
=-0.983/115.2271*115.2271
=-0.983

Current CPI (Mar. 2024) = 115.2271.

Shanghai Taisheng Wind Power Equipment Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.270 98.200 -0.317
201409 0.091 98.900 0.106
201412 0.133 99.000 0.155
201503 0.128 99.900 0.148
201506 -0.072 99.500 -0.083
201509 -0.222 100.500 -0.255
201512 0.128 100.600 0.147
201603 -0.151 102.200 -0.170
201606 0.031 101.400 0.035
201609 0.221 102.400 0.249
201612 0.021 102.600 0.024
201703 -0.169 103.200 -0.189
201706 0.022 103.100 0.025
201709 0.008 104.100 0.009
201712 0.109 104.500 0.120
201803 0.016 105.300 0.018
201806 0.046 104.900 0.051
201809 0.037 106.600 0.040
201812 0.086 106.500 0.093
201903 -0.115 107.700 -0.123
201906 0.129 107.700 0.138
201909 0.096 109.800 0.101
201912 0.290 111.200 0.301
202003 -0.006 112.300 -0.006
202006 0.003 110.400 0.003
202009 0.002 111.700 0.002
202012 -0.133 111.500 -0.137
202103 -0.080 112.662 -0.082
202106 0.145 111.769 0.149
202109 -0.079 112.215 -0.081
202112 -0.130 113.108 -0.132
202203 -0.490 114.335 -0.494
202206 0.162 114.558 0.163
202209 -0.502 115.339 -0.502
202212 0.240 115.116 0.240
202303 -0.586 115.116 -0.587
202306 0.088 114.558 0.089
202309 0.400 115.339 0.400
202312 -0.592 114.781 -0.594
202403 -0.983 115.227 -0.983

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.


Shanghai Taisheng Wind Power Equipment Co  (SZSE:300129) 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.


Shanghai Taisheng Wind Power Equipment Co Cyclically Adjusted Price-to-FCF Related Terms

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Shanghai Taisheng Wind Power Equipment Co (SZSE:300129) Business Description

Traded in Other Exchanges
N/A
Address
1988 East Weiqing Road, Jinshanzui Industrial District, Jinshan District, Shanghai, CHN, 201508
Shanghai Taisheng Wind Power Equipment Co Ltd is a China-based company. It is principally engaged in the research, development, manufacture, and sales of wind power generation equipment. The company's products are mainly used in offshore wind power generation and marine engineering. Shanghai is also involved in the operation and maintenance of wind farms.
Executives
Huang Jing Ming Director
Liu Zhi Cheng Director
Zhang Fu Lin Director
Xia Quan Guang Director
Zhao Jian Min Executives
Dou Jian Rong Director
Zhang Jin Nan Directors, executives
Zou Tao Directors, Directors, and Executives
Huang Wei Guang Supervisors
Zhu Shou Guo Director
Lin Shou Tong Director
Cai Xun Jiang Supervisors
Wu Yun Dong Director

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