GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » China Longyuan Power Group Corp Ltd (OTCPK:CLPXF) » Definitions » Cyclically Adjusted Price-to-FCF

China Longyuan Power Group (China Longyuan Power Group) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


View and export this data going back to 2010. Start your Free Trial

What is China Longyuan Power Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


China Longyuan Power Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Longyuan Power Group'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.

China Longyuan Power Group Cyclically Adjusted Price-to-FCF Chart

China Longyuan Power Group 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 - - - 87.54 -

China Longyuan Power Group 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 121.95 318.33 4,348.87 - -

Competitive Comparison of China Longyuan Power Group's Cyclically Adjusted Price-to-FCF

For the Utilities - Renewable subindustry, China Longyuan Power Group'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.


China Longyuan Power Group's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Longyuan Power Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China Longyuan Power Group's Cyclically Adjusted Price-to-FCF falls into.



China Longyuan Power Group 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.

China Longyuan Power Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, China Longyuan Power Group'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)
=-0.051/115.2271*115.2271
=-0.051

Current CPI (Mar. 2024) = 115.2271.

China Longyuan Power Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.020 98.200 -0.023
201409 -0.038 98.900 -0.044
201412 -0.055 99.000 -0.064
201503 -0.010 99.900 -0.012
201506 0.008 99.500 0.009
201509 -0.004 100.500 -0.005
201512 -0.030 100.600 -0.034
201603 -0.026 102.200 -0.029
201606 0.029 101.400 0.033
201609 0.060 102.400 0.068
201612 -0.070 102.600 -0.079
201703 0.001 103.200 0.001
201706 0.076 103.100 0.085
201709 -0.099 104.100 -0.110
201712 0.084 104.500 0.093
201803 0.001 105.300 0.001
201806 0.037 104.900 0.041
201809 0.049 106.600 0.053
201812 0.015 106.500 0.016
201903 -0.011 107.700 -0.012
201906 0.033 107.700 0.035
201909 0.027 109.800 0.028
201912 -0.021 111.200 -0.022
202003 -0.005 112.300 -0.005
202006 0.002 110.400 0.002
202009 -0.033 111.700 -0.034
202012 -0.097 111.500 -0.100
202103 0.021 112.662 0.021
202106 0.007 111.769 0.007
202109 -0.036 112.215 -0.037
202112 0.008 113.108 0.008
202203 -0.015 114.335 -0.015
202206 0.180 114.558 0.181
202209 -0.008 115.339 -0.008
202212 -0.029 115.116 -0.029
202303 -0.038 115.116 -0.038
202306 -0.010 114.558 -0.010
202309 -0.084 115.339 -0.084
202312 0.049 114.781 0.049
202403 -0.051 115.227 -0.051

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.


China Longyuan Power Group  (OTCPK:CLPXF) 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.


China Longyuan Power Group Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of China Longyuan Power Group's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


China Longyuan Power Group (China Longyuan Power Group) Business Description

Address
6 Fuchengmen North Street, Room 2006, 20th Floor, Block C, Xicheng District, Beijing, CHN
Longyuan is China's largest wind farm operator, with consolidated installed wind capacity of 26.2 gigawatts as of end-2022, representing about 7% of nationwide wind capacity. It has more than 400 wind farms spread across China, and has also expanded into other countries such as Canada and South Africa. Longyuan owns two coal-fired power plants in Jiangsu and operates other renewable assets such as solar, geothermal, and tidal energy on a limited scale. The consolidated installed capacity mix is about 84% wind, 6% thermal, and the remainder in other renewables. China Energy Investment, which was created through the merger of China Guodian Corporation and China Shenhua Group, is the major shareholder with a controlling stake of about 58.6%.

China Longyuan Power Group (China Longyuan Power Group) Headlines