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Kangmei Pharmaceutical Co (SHSE:600518) Cyclically Adjusted Price-to-FCF : (As of May. 31, 2024)


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What is Kangmei Pharmaceutical Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kangmei Pharmaceutical Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kangmei Pharmaceutical 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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Kangmei Pharmaceutical Co Cyclically Adjusted Price-to-FCF Chart

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

For the Drug Manufacturers - Specialty & Generic subindustry, Kangmei Pharmaceutical 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.


Kangmei Pharmaceutical Co's Cyclically Adjusted Price-to-FCF Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Kangmei Pharmaceutical Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Kangmei Pharmaceutical 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.

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

For example, Kangmei Pharmaceutical 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)
=-0.046/115.2271*115.2271
=-0.046

Current CPI (Mar. 2024) = 115.2271.

Kangmei Pharmaceutical Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.146 98.200 0.171
201409 0.069 98.900 0.080
201412 -0.047 99.000 -0.055
201503 0.170 99.900 0.196
201506 -0.175 99.500 -0.203
201509 0.058 100.500 0.066
201512 -0.245 100.600 -0.281
201603 0.068 102.200 0.077
201606 -0.396 101.400 -0.450
201609 0.084 102.400 0.095
201612 0.169 102.600 0.190
201703 0.251 103.200 0.280
201706 -0.085 103.100 -0.095
201709 0.044 104.100 0.049
201712 -1.096 104.500 -1.209
201803 -0.445 105.300 -0.487
201806 -0.993 104.900 -1.091
201809 -0.370 106.600 -0.400
201812 0.374 106.500 0.405
201903 0.097 107.700 0.104
201906 0.290 107.700 0.310
201909 0.191 109.800 0.200
201912 -0.115 111.200 -0.119
202003 0.032 112.300 0.033
202006 0.024 110.400 0.025
202009 0.085 111.700 0.088
202012 0.002 111.500 0.002
202103 0.005 112.662 0.005
202106 0.004 111.769 0.004
202109 -0.006 112.215 -0.006
202112 0.002 113.108 0.002
202203 -0.014 114.335 -0.014
202206 -0.009 114.558 -0.009
202209 -0.002 115.339 -0.002
202212 -0.030 115.116 -0.030
202303 -0.018 115.116 -0.018
202306 0.000 114.558 0.000
202309 -0.006 115.339 -0.006
202312 -0.011 114.781 -0.011
202403 -0.046 115.227 -0.046

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.


Kangmei Pharmaceutical Co  (SHSE:600518) 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.


Kangmei Pharmaceutical Co Cyclically Adjusted Price-to-FCF Related Terms

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Kangmei Pharmaceutical Co (SHSE:600518) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Taike Road, Xiameilin, Futian District, Shenzhen, CHN, 518000
Kangmei Pharmaceutical Co Ltd is a pharmaceutical company engaged in the manufacturing, research and marketing of herbal medicine and chemical raw materials.
Executives
Xu Dong Jin Director
Li Jian Hua senior management
Qiu Xi Wei Director
Wang Min senior management
Peng Qin senior management
Ma Xing Tian Director
Lin Guo Xiong senior management
Zhuang Yi Qing senior management
Wen Shao Sheng Supervisors

Kangmei Pharmaceutical Co (SHSE:600518) Headlines

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