GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sichuan Expressway Co Ltd (SHSE:601107) » Definitions » Cyclically Adjusted Price-to-FCF

Sichuan Expressway Co (SHSE:601107) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Sichuan Expressway Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sichuan Expressway Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sichuan Expressway 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.

* Premium members only.

Sichuan Expressway Co Cyclically Adjusted Price-to-FCF Chart

Sichuan Expressway Co 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 - - - - -

Sichuan Expressway Co 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 - - - - -

Competitive Comparison of Sichuan Expressway Co's Cyclically Adjusted Price-to-FCF

For the Infrastructure Operations subindustry, Sichuan Expressway 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.


Sichuan Expressway Co's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sichuan Expressway Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Sichuan Expressway 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.

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

For example, Sichuan Expressway 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)
=-0.072/115.2271*115.2271
=-0.072

Current CPI (Mar. 2024) = 115.2271.

Sichuan Expressway Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.074 98.200 -0.087
201409 0.083 98.900 0.097
201412 -0.064 99.000 -0.074
201503 -0.311 99.900 -0.359
201506 -0.121 99.500 -0.140
201509 -0.237 100.500 -0.272
201512 -0.080 100.600 -0.092
201603 -0.198 102.200 -0.223
201606 0.057 101.400 0.065
201609 0.220 102.400 0.248
201612 0.158 102.600 0.177
201703 -0.139 103.200 -0.155
201706 0.260 103.100 0.291
201709 0.029 104.100 0.032
201712 -0.090 104.500 -0.099
201803 0.080 105.300 0.088
201806 0.113 104.900 0.124
201809 0.232 106.600 0.251
201812 0.176 106.500 0.190
201903 0.092 107.700 0.098
201906 0.091 107.700 0.097
201909 0.015 109.800 0.016
201912 -0.091 111.200 -0.094
202003 -0.132 112.300 -0.135
202006 -0.093 110.400 -0.097
202009 0.216 111.700 0.223
202012 -0.203 111.500 -0.210
202103 -0.115 112.662 -0.118
202106 -0.092 111.769 -0.095
202109 -0.220 112.215 -0.226
202112 -0.244 113.108 -0.249
202203 -0.077 114.335 -0.078
202206 0.167 114.558 0.168
202209 -0.081 115.339 -0.081
202212 -0.553 115.116 -0.554
202303 -0.102 115.116 -0.102
202306 0.079 114.558 0.079
202309 -0.083 115.339 -0.083
202312 -0.388 114.781 -0.390
202403 -0.072 115.227 -0.072

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.


Sichuan Expressway Co  (SHSE:601107) 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.


Sichuan Expressway Co Cyclically Adjusted Price-to-FCF Related Terms

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


Sichuan Expressway Co (SHSE:601107) Business Description

Traded in Other Exchanges
Address
252 Wuhouci Da Jie, Sichuan Province, Chengdu, CHN, 610041
Sichuan Expressway Co Ltd is primarily engaged in the investment, construction, operation, and management of road infrastructure projects. The company operates in five segments: Expressways segment, New energy technologies segment, Transportation services segment, Transportation logistics segment, Construction services segment and Others segment. Majority of the revenue is generated from Construction services segment. Construction services segment comprises the provision of construction and upgrade services under the service concession arrangements and construction contracts.
Executives
Zhou Li Ming Director
Zhang Yong Nian senior management
Wang Shuan Ming Director
Gan Yong Yi Director
Luo Mao Quan senior management

Sichuan Expressway Co (SHSE:601107) Headlines

No Headlines