GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » E-Commodities Holdings Ltd (HKSE:01733) » Definitions » Cyclically Adjusted Price-to-FCF

E-Commodities Holdings (HKSE:01733) Cyclically Adjusted Price-to-FCF : (As of Jun. 14, 2024)


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

What is E-Commodities Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


E-Commodities Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for E-Commodities 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.

* Premium members only.

E-Commodities Holdings Cyclically Adjusted Price-to-FCF Chart

E-Commodities Holdings 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 - 4.46 4.56 15.59 -

E-Commodities Holdings Semi-Annual Data
Jun14 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 4.56 - 15.59 - -

Competitive Comparison of E-Commodities Holdings's Cyclically Adjusted Price-to-FCF

For the Thermal Coal subindustry, E-Commodities 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.


E-Commodities Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, E-Commodities Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



E-Commodities 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.

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

For example, E-Commodities 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)
=0.427/114.7809*114.7809
=0.427

Current CPI (Dec23) = 114.7809.

E-Commodities Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -8.374 99.000 -9.709
201512 -0.971 100.600 -1.108
201612 0.159 102.600 0.178
201712 -0.175 104.500 -0.192
201812 -0.033 106.500 -0.036
201912 0.319 111.200 0.329
202012 0.822 111.500 0.846
202112 0.675 113.108 0.685
202212 0.549 115.116 0.547
202312 0.427 114.781 0.427

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.


E-Commodities Holdings  (HKSE:01733) 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.


E-Commodities Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


E-Commodities Holdings (HKSE:01733) Business Description

Traded in Other Exchanges
Address
Room 706, Tower B, Tianrun Fortune Center, No. 58, Dongzongbu Hutong, Dongcheng District, Beijing, CHN, 100005
E-Commodities Holdings Ltd is a company principally engaged in the processing and trading of coking coal and other products and rendering of logistics services. The group has two business divisions. The processing and trading of coking coal and other products segment manages and operates coal processing plants and generates income from processing and trading of coking coal and other products to external customers. Rendering of integrated supply chain services segment constructs, manages and operates processing factories and logistics parks and generates income from rendering of warehousing. Majority of the firm's revenue comes from the processing and trading of coking coal and other products segment.
Executives
Bai Jianping 2201 Interest of corporation controlled by you
Famous Speech Limited 2401 A concert party to an agreement to buy shares
Wang Xingchun 2501 Other
Wang Yihan 2501 Other
Winsway Resources Holdings Limited 2401 A concert party to an agreement to buy shares
China Minmetals Corporation 2501 Other
China Minmetals Corporation Limited 2501 Other
China Minmetals H.k. (holdings) Ltd. 2201 Interest of corporation controlled by you
Magnificent Gardenia Limited 2401 A concert party to an agreement to buy shares
Minmetals International Trading Co., Pte. Ltd 2201 Interest of corporation controlled by you
Minmetals South-east Asia Corp. Pte. Ltd 2201 Interest of corporation controlled by you

E-Commodities Holdings (HKSE:01733) Headlines

No Headlines