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Qinqin Foodstuffs Group (Cayman) Co (HKSE:01583) Cyclically Adjusted Price-to-FCF : (As of May. 19, 2024)


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What is Qinqin Foodstuffs Group (Cayman) Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Qinqin Foodstuffs Group (Cayman) Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Qinqin Foodstuffs Group (Cayman) 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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Qinqin Foodstuffs Group (Cayman) Co Cyclically Adjusted Price-to-FCF Chart

Qinqin Foodstuffs Group (Cayman) 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 - - - 72.34 -

Qinqin Foodstuffs Group (Cayman) Co Semi-Annual Data
Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - 72.34 - -

Competitive Comparison of Qinqin Foodstuffs Group (Cayman) Co's Cyclically Adjusted Price-to-FCF

For the Packaged Foods subindustry, Qinqin Foodstuffs Group (Cayman) 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.


Qinqin Foodstuffs Group (Cayman) Co's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Qinqin Foodstuffs Group (Cayman) Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Qinqin Foodstuffs Group (Cayman) Co's Cyclically Adjusted Price-to-FCF falls into.



Qinqin Foodstuffs Group (Cayman) 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.

Qinqin Foodstuffs Group (Cayman) Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Qinqin Foodstuffs Group (Cayman) Co'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)
=-0.129/114.7809*114.7809
=-0.129

Current CPI (Dec23) = 114.7809.

Qinqin Foodstuffs Group (Cayman) Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.242 99.000 0.281
201512 0.206 100.600 0.235
201612 0.273 102.600 0.305
201712 -0.112 104.500 -0.123
201812 0.142 106.500 0.153
201912 -0.069 111.200 -0.071
202012 -0.342 111.500 -0.352
202112 -0.448 113.108 -0.455
202212 -0.129 115.116 -0.129
202312 -0.129 114.781 -0.129

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.


Qinqin Foodstuffs Group (Cayman) Co  (HKSE:01583) 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.


Qinqin Foodstuffs Group (Cayman) Co Cyclically Adjusted Price-to-FCF Related Terms

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Qinqin Foodstuffs Group (Cayman) Co (HKSE:01583) Business Description

Traded in Other Exchanges
Address
Wuli Industrial Park, Fujian Province, Jinjiang City, CHN
Qinqin Foodstuffs Group (Cayman) Co Ltd, through its subsidiaries, is engaged in the manufacturing, distribution, and sale of food and snack products in China. It mainly operates its business through four segments, including Jelly products, Crackers and chips, Seasoning products, and Confectionery and other products. It generates a majority of its revenue from the Jelly products segment. Geographically, the firm generates a majority of its revenue from Mainland China.

Qinqin Foodstuffs Group (Cayman) Co (HKSE:01583) Headlines

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