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Rightway Holdings Co (SHSE:600321) Cyclically Adjusted Price-to-FCF : (As of May. 21, 2024)


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What is Rightway Holdings Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Rightway Holdings Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Rightway Holdings 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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Rightway Holdings Co Cyclically Adjusted Price-to-FCF Chart

Rightway Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Rightway Holdings Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Rightway Holdings Co's Cyclically Adjusted Price-to-FCF

For the Conglomerates subindustry, Rightway Holdings 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.


Rightway Holdings Co's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Rightway Holdings Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Rightway Holdings 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.

Rightway Holdings Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Rightway Holdings Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.004/115.2271*115.2271
=0.004

Current CPI (Mar. 2024) = 115.2271.

Rightway Holdings Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.011 98.200 0.013
201409 0.065 98.900 0.076
201412 -0.090 99.000 -0.105
201503 -0.048 99.900 -0.055
201506 0.080 99.500 0.093
201509 -0.016 100.500 -0.018
201512 -0.022 100.600 -0.025
201603 -0.018 102.200 -0.020
201606 -0.073 101.400 -0.083
201609 0.041 102.400 0.046
201612 0.022 102.600 0.025
201703 0.008 103.200 0.009
201706 0.026 103.100 0.029
201709 -0.047 104.100 -0.052
201712 0.056 104.500 0.062
201803 -0.037 105.300 -0.040
201806 0.056 104.900 0.062
201809 0.034 106.600 0.037
201812 0.031 106.500 0.034
201903 -0.093 107.700 -0.099
201906 0.024 107.700 0.026
201909 0.029 109.800 0.030
201912 0.125 111.200 0.130
202003 -0.521 112.300 -0.535
202006 -0.004 110.400 -0.004
202009 0.008 111.700 0.008
202012 -0.609 111.500 -0.629
202103 0.087 112.662 0.089
202106 -0.026 111.769 -0.027
202109 0.078 112.215 0.080
202112 0.010 113.108 0.010
202203 -0.033 114.335 -0.033
202206 0.041 114.558 0.041
202209 0.052 115.339 0.052
202212 0.001 115.116 0.001
202303 0.056 115.116 0.056
202306 0.041 114.558 0.041
202309 0.124 115.339 0.124
202312 0.156 114.781 0.157
202403 0.004 115.227 0.004

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.


Rightway Holdings Co  (SHSE:600321) 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.


Rightway Holdings Co Cyclically Adjusted Price-to-FCF Related Terms

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Rightway Holdings Co (SHSE:600321) Business Description

Traded in Other Exchanges
N/A
Address
No. 289, Chengxin Dazhen Road, Xihanggang Street, Shuangliu District, Sichuan, Chengdu, CHN, 610207
Rightway Holdings Co Ltd is engaged in diversified business. The company's business segments include financial investment, trade logistics, sheet wood, development and construction, and hotel operations.

Rightway Holdings Co (SHSE:600321) Headlines

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