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Future Bright Mining Holdings (HKSE:02212) Cyclically Adjusted Price-to-FCF : (As of May. 29, 2024)


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What is Future Bright Mining Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Future Bright Mining Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Future Bright Mining 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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Future Bright Mining Holdings Cyclically Adjusted Price-to-FCF Chart

Future Bright Mining Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Future Bright Mining 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 Future Bright Mining Holdings's Cyclically Adjusted Price-to-FCF

For the Building Materials subindustry, Future Bright Mining 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.


Future Bright Mining Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Future Bright Mining Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Future Bright Mining Holdings's Cyclically Adjusted Price-to-FCF falls into.



Future Bright Mining 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.

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

For example, Future Bright Mining 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)
=-0.081/114.7809*114.7809
=-0.081

Current CPI (Dec23) = 114.7809.

Future Bright Mining Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.022 99.000 -0.026
201512 -0.036 100.600 -0.041
201612 -0.025 102.600 -0.028
201712 -0.059 104.500 -0.065
201812 -0.029 106.500 -0.031
201912 0.011 111.200 0.011
202012 -0.025 111.500 -0.026
202112 -0.006 113.108 -0.006
202212 -0.005 115.116 -0.005
202312 -0.081 114.781 -0.081

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.


Future Bright Mining Holdings  (HKSE:02212) 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.


Future Bright Mining Holdings Cyclically Adjusted Price-to-FCF Related Terms

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Future Bright Mining Holdings (HKSE:02212) Business Description

Traded in Other Exchanges
N/A
Address
No. 207 Shuijing Avenue, Chengguan Town, Nanzhang County, Hubei Province, Xiangyang, CHN
Future Bright Mining Holdings Ltd is a marble mining company. It has been focusing on developing the Yiduoyan Project, which is an open-pit mine located in the Hubei Province of the PRC. The company operates in two segments, namely the Marble Block segment, which supplies marble blocks mainly for further processing, construction, or trading; and the Commodity Trading segment, which conducts the trading business of commodities. It derives revenue from the Commodity trading segment. All of its revenue is derived from Mainland China.
Executives
Sun Hailong 2101 Beneficial owner
Zhang Caihong 2202 Interest of your spouse
Zhong Ke Jiu Tai Resources Use Technology Holdings Company Limited 2201 Interest of corporation controlled by you
Zhong Ke Jiu Tai Technology Group Limited 2101 Beneficial owner
Li Yuguo 2201 Interest of corporation controlled by you
Ge Limin 2101 Beneficial owner

Future Bright Mining Holdings (HKSE:02212) Headlines

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