GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Atlantic China Welding Consumables Inc (SHSE:600558) » Definitions » Cyclically Adjusted Price-to-FCF

Atlantic China Welding Consumables (SHSE:600558) Cyclically Adjusted Price-to-FCF : (As of Jun. 04, 2024)


View and export this data going back to 2001. Start your Free Trial

What is Atlantic China Welding Consumables Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Atlantic China Welding Consumables Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Atlantic China Welding Consumables'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.

Atlantic China Welding Consumables Cyclically Adjusted Price-to-FCF Chart

Atlantic China Welding Consumables 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 - - - - -

Atlantic China Welding Consumables Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - 2,252.15

Competitive Comparison of Atlantic China Welding Consumables's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Atlantic China Welding Consumables'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.


Atlantic China Welding Consumables's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Atlantic China Welding Consumables's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Atlantic China Welding Consumables's Cyclically Adjusted Price-to-FCF falls into.



Atlantic China Welding Consumables 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.

Atlantic China Welding Consumables's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Atlantic China Welding Consumables'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)
=-0.057/115.2271*115.2271
=-0.057

Current CPI (Mar. 2024) = 115.2271.

Atlantic China Welding Consumables Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.003 98.200 0.004
201409 -0.014 98.900 -0.016
201412 -0.002 99.000 -0.002
201503 -0.144 99.900 -0.166
201506 -0.034 99.500 -0.039
201509 -0.011 100.500 -0.013
201512 0.034 100.600 0.039
201603 -0.040 102.200 -0.045
201606 0.017 101.400 0.019
201609 -0.030 102.400 -0.034
201612 -0.017 102.600 -0.019
201703 -0.116 103.200 -0.130
201706 -0.049 103.100 -0.055
201709 -0.069 104.100 -0.076
201712 0.109 104.500 0.120
201803 -0.088 105.300 -0.096
201806 0.002 104.900 0.002
201809 -0.001 106.600 -0.001
201812 0.039 106.500 0.042
201903 0.012 107.700 0.013
201906 -0.046 107.700 -0.049
201909 0.018 109.800 0.019
201912 0.110 111.200 0.114
202003 -0.144 112.300 -0.148
202006 0.092 110.400 0.096
202009 0.059 111.700 0.061
202012 0.060 111.500 0.062
202103 -0.101 112.662 -0.103
202106 0.005 111.769 0.005
202109 0.080 112.215 0.082
202112 0.055 113.108 0.056
202203 -0.083 114.335 -0.084
202206 0.067 114.558 0.067
202209 0.058 115.339 0.058
202212 0.102 115.116 0.102
202303 -0.076 115.116 -0.076
202306 0.118 114.558 0.119
202309 0.011 115.339 0.011
202312 0.136 114.781 0.137
202403 -0.057 115.227 -0.057

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.


Atlantic China Welding Consumables  (SHSE:600558) 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.


Atlantic China Welding Consumables Cyclically Adjusted Price-to-FCF Related Terms

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


Atlantic China Welding Consumables (SHSE:600558) Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Machongkou Street, Da'an District, Zigong, Sichuan, CHN, 643010
Atlantic China Welding Consumables Inc is a welding consumable manufactory in China. Its products include mild steel electrodes, cellulose electrodes, high toughness electrodes, low alloy steel electrodes, hard facing electrodes, stainless steel electrodes, low-temperature steel electrodes, Mo and Cr-Mo heat resistant steel electrodes, and cast-iron electrodes. The company's products are widely used in power station boilers, pressure vessels, nuclear and space industries, bridges, ships, vehicles, petroleum and chemical industry, hydropower and thermal power stations.
Executives
Yang Fang Supervisors
Lan Kun Director

Atlantic China Welding Consumables (SHSE:600558) Headlines

No Headlines