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Xiangtan Electric Manufacturing Co (SHSE:600416) Cyclically Adjusted Price-to-FCF : (As of Jun. 17, 2024)


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What is Xiangtan Electric Manufacturing Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Xiangtan Electric Manufacturing Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Xiangtan Electric Manufacturing 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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Xiangtan Electric Manufacturing Co Cyclically Adjusted Price-to-FCF Chart

Xiangtan Electric Manufacturing Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Xiangtan Electric Manufacturing 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 Xiangtan Electric Manufacturing Co's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Xiangtan Electric Manufacturing 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.


Xiangtan Electric Manufacturing Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xiangtan Electric Manufacturing Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Xiangtan Electric Manufacturing Co's Cyclically Adjusted Price-to-FCF falls into.



Xiangtan Electric Manufacturing 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.

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

For example, Xiangtan Electric Manufacturing 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)
=-0.105/115.2271*115.2271
=-0.105

Current CPI (Mar. 2024) = 115.2271.

Xiangtan Electric Manufacturing Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.233 98.200 -0.273
201409 0.313 98.900 0.365
201412 1.068 99.000 1.243
201503 -1.127 99.900 -1.300
201506 0.085 99.500 0.098
201509 0.400 100.500 0.459
201512 0.999 100.600 1.144
201603 -1.572 102.200 -1.772
201606 0.131 101.400 0.149
201609 -0.365 102.400 -0.411
201612 0.103 102.600 0.116
201703 -0.696 103.200 -0.777
201706 0.009 103.100 0.010
201709 -0.464 104.100 -0.514
201712 0.411 104.500 0.453
201803 -0.803 105.300 -0.879
201806 0.420 104.900 0.461
201809 -0.070 106.600 -0.076
201812 -0.261 106.500 -0.282
201903 -0.354 107.700 -0.379
201906 0.100 107.700 0.107
201909 -0.182 109.800 -0.191
201912 0.452 111.200 0.468
202003 0.009 112.300 0.009
202006 -0.041 110.400 -0.043
202009 0.112 111.700 0.116
202012 -0.053 111.500 -0.055
202103 0.303 112.662 0.310
202106 -0.119 111.769 -0.123
202109 -0.116 112.215 -0.119
202112 -0.164 113.108 -0.167
202203 -0.165 114.335 -0.166
202206 -0.070 114.558 -0.070
202209 -0.048 115.339 -0.048
202212 0.236 115.116 0.236
202303 -0.095 115.116 -0.095
202306 0.089 114.558 0.090
202309 0.241 115.339 0.241
202312 -0.014 114.781 -0.014
202403 -0.105 115.227 -0.105

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.


Xiangtan Electric Manufacturing Co  (SHSE:600416) 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.


Xiangtan Electric Manufacturing Co Cyclically Adjusted Price-to-FCF Related Terms

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Xiangtan Electric Manufacturing Co (SHSE:600416) Business Description

Traded in Other Exchanges
N/A
Address
No. 302 Xiashesi Street, Xiangtan, Hunan, CHN, 411101
Xiangtan Electric Manufacturing Co., Ltd. is the backbone enterprise of China's electrical industry, the major technologies and equipment production. It is also involved in R&D and is the designated manufacturer of defense equipment.
Executives
Wang Lin Director
Zhao Wen Hong senior management
Zhong Xue Chao Supervisors
Liu Shao Cheng Supervisors
Yu Yuan Liang senior management
Yao Li Min senior management
Zhou Jian Xiong Director
Li Ji Ping Director
Su Ming senior management
Xiao Ren Zhang Supervisors
Liu Hai Qiang senior management
Liu Ning Xian Supervisors
Zhang Jian Wei Director
Zhao Yi Jun Director
Luo Jian Rong senior management

Xiangtan Electric Manufacturing Co (SHSE:600416) Headlines

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