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Shimao Group Holdings (HKSE:00813) Cyclically Adjusted Price-to-FCF : (As of Jun. 14, 2024)


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What is Shimao Group Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shimao Group Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shimao Group Holdings'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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Shimao Group Holdings Cyclically Adjusted Price-to-FCF Chart

Shimao Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Shimao Group Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Shimao Group Holdings's Cyclically Adjusted Price-to-FCF

For the Real Estate - Development subindustry, Shimao Group Holdings'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.


Shimao Group Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shimao Group Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Shimao Group Holdings 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.

Shimao Group Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Shimao Group Holdings's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-1.722/117.2957*117.2957
=-1.722

Current CPI (Dec23) = 117.2957.

Shimao Group Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -5.799 99.707 -6.822
201512 -0.862 102.015 -0.991
201612 -2.409 103.225 -2.737
201712 3.212 104.984 3.589
201812 -0.363 107.622 -0.396
201912 9.414 110.700 9.975
202012 0.010 109.711 0.011
202112 -3.851 112.349 -4.021
202212 -1.521 114.548 -1.557
202312 -1.722 117.296 -1.722

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.


Shimao Group Holdings  (HKSE:00813) 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.


Shimao Group Holdings Cyclically Adjusted Price-to-FCF Related Terms

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Shimao Group Holdings (HKSE:00813) Business Description

Traded in Other Exchanges
Address
89 Queensway, 1st Floor, Block 38, Hong Kong Lippo Centre, Hong Kong, HKG
Shimao Group Holdings, formerly Shimao Property, is a large real estate developer in China. In addition to property development as the core business, the company plans to raise non-development revenue, which includes property investment, hotels and property management services. Shimao holds residential development projects and hotels, while its 59%-owned Shanghai Shimao holds commercial projects. The two entities collaborate on large mixed-use projects. The free float is about 35%, with the company's founder, Hui Wing Mau, holding the remaining stake.
Executives
Gemfair Investments Limited 2101 Beneficial owner
Overseas Investment Group International Limited 2501 Other
Shiying Finance Limited 2101 Beneficial owner
Hui Wing Mau 2201 Interest of corporation controlled by you

Shimao Group Holdings (HKSE:00813) Headlines

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