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Dingyi Group Investment (HKSE:00508) Cyclically Adjusted Price-to-FCF : (As of Jun. 02, 2024)


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What is Dingyi Group Investment Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dingyi Group Investment Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Dingyi Group Investment'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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Dingyi Group Investment Cyclically Adjusted Price-to-FCF Chart

Dingyi Group Investment Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
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Dingyi Group Investment Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Competitive Comparison of Dingyi Group Investment's Cyclically Adjusted Price-to-FCF

For the Credit Services subindustry, Dingyi Group Investment'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.


Dingyi Group Investment's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Dingyi Group Investment's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Dingyi Group Investment's Cyclically Adjusted Price-to-FCF falls into.



Dingyi Group Investment 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.

Dingyi Group Investment's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Dingyi Group Investment's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.026/115.4269*115.4269
=0.026

Current CPI (Mar23) = 115.4269.

Dingyi Group Investment Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.887 95.749 -1.069
201503 -0.079 99.927 -0.091
201603 -1.952 102.785 -2.192
201703 0.602 103.335 0.672
201803 -0.645 105.973 -0.703
201903 -0.343 108.172 -0.366
202003 -0.222 110.920 -0.231
202103 0.321 111.579 0.332
202203 0.429 113.558 0.436
202303 0.026 115.427 0.026

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.


Dingyi Group Investment  (HKSE:00508) 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.


Dingyi Group Investment Cyclically Adjusted Price-to-FCF Related Terms

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Dingyi Group Investment (HKSE:00508) Business Description

Traded in Other Exchanges
N/A
Address
1 Harbour Road, Units 2703, 27th Floor, Wanchai, Convention Plaza - Office Tower, Hong Kong, HKG
Dingyi Group Investment Ltd is a Hong-based company engaged in loan financing, securities trading, and property development, Its operating segments include securities trading business; loan financing business; and property development business of which it generates the majority of the revenue from the property development business.
Executives
Li Kwong Yuk 2101 Beneficial owner
Wincon Capital Investment Limited 2101 Beneficial owner
Zhong Guo Chuan Bo Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
China Shipbuilding Capital Limited 2101 Beneficial owner

Dingyi Group Investment (HKSE:00508) Headlines

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