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ShanDong Swan Cotton Industrial Machinery Stock Co (SHSE:603029) Cyclically Adjusted Price-to-FCF : 52.52 (As of Jun. 10, 2024)


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What is ShanDong Swan Cotton Industrial Machinery Stock Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), ShanDong Swan Cotton Industrial Machinery Stock Co's current share price is ¥14.18. ShanDong Swan Cotton Industrial Machinery Stock Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.27. ShanDong Swan Cotton Industrial Machinery Stock Co's Cyclically Adjusted Price-to-FCF for today is 52.52.

The historical rank and industry rank for ShanDong Swan Cotton Industrial Machinery Stock Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:603029' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 43.4   Med: 55.43   Max: 65.19
Current: 51.59

During the past years, ShanDong Swan Cotton Industrial Machinery Stock Co's highest Cyclically Adjusted Price-to-FCF was 65.19. The lowest was 43.40. And the median was 55.43.

SHSE:603029's Cyclically Adjusted Price-to-FCF is ranked worse than
67.8% of 1031 companies
in the Industrial Products industry
Industry Median: 31.99 vs SHSE:603029: 51.59

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

ShanDong Swan Cotton Industrial Machinery Stock Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.652. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ¥0.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ShanDong Swan Cotton Industrial Machinery Stock Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for ShanDong Swan Cotton Industrial Machinery Stock 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.

ShanDong Swan Cotton Industrial Machinery Stock Co Cyclically Adjusted Price-to-FCF Chart

ShanDong Swan Cotton Industrial Machinery Stock 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 - - - - 57.70

ShanDong Swan Cotton Industrial Machinery Stock 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 - - - 57.70 64.94

Competitive Comparison of ShanDong Swan Cotton Industrial Machinery Stock Co's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, ShanDong Swan Cotton Industrial Machinery Stock 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.


ShanDong Swan Cotton Industrial Machinery Stock Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ShanDong Swan Cotton Industrial Machinery Stock Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where ShanDong Swan Cotton Industrial Machinery Stock Co's Cyclically Adjusted Price-to-FCF falls into.



ShanDong Swan Cotton Industrial Machinery Stock 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.

ShanDong Swan Cotton Industrial Machinery Stock Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=14.18/0.27
=52.52

* 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.

ShanDong Swan Cotton Industrial Machinery Stock Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, ShanDong Swan Cotton Industrial Machinery Stock 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)
=-0.652/115.2271*115.2271
=-0.652

Current CPI (Mar. 2024) = 115.2271.

ShanDong Swan Cotton Industrial Machinery Stock Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201503 0.270 99.900 0.311
201506 -0.053 99.500 -0.061
201509 -0.450 100.500 -0.516
201512 0.428 100.600 0.490
201603 0.129 102.200 0.145
201606 -0.062 101.400 -0.070
201609 -0.210 102.400 -0.236
201612 0.388 102.600 0.436
201703 -0.179 103.200 -0.200
201706 -0.071 103.100 -0.079
201709 -0.331 104.100 -0.366
201712 0.203 104.500 0.224
201803 -0.073 105.300 -0.080
201806 -0.300 104.900 -0.330
201809 -0.433 106.600 -0.468
201812 0.435 106.500 0.471
201903 -0.275 107.700 -0.294
201906 0.001 107.700 0.001
201909 -0.061 109.800 -0.064
201912 1.105 111.200 1.145
202003 -0.650 112.300 -0.667
202006 0.165 110.400 0.172
202009 0.015 111.700 0.015
202012 0.234 111.500 0.242
202103 -0.428 112.662 -0.438
202106 -0.163 111.769 -0.168
202109 1.514 112.215 1.555
202112 0.553 113.108 0.563
202203 -0.891 114.335 -0.898
202206 -1.229 114.558 -1.236
202209 2.138 115.339 2.136
202212 0.023 115.116 0.023
202303 -0.451 115.116 -0.451
202306 -0.767 114.558 -0.771
202309 2.815 115.339 2.812
202312 -0.152 114.781 -0.153
202403 -0.652 115.227 -0.652

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.


ShanDong Swan Cotton Industrial Machinery Stock Co  (SHSE:603029) 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.


ShanDong Swan Cotton Industrial Machinery Stock Co Cyclically Adjusted Price-to-FCF Related Terms

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ShanDong Swan Cotton Industrial Machinery Stock Co (SHSE:603029) Business Description

Traded in Other Exchanges
N/A
Address
NO.99, East Road of Dawei Village, Tianqiao District, Jinan, CHN, 250032
ShanDong Swan Cotton Industrial Machinery Stock Co Ltd is engaged in manufacturing cotton processing machinery. It also manufactures agriculture machinery. Its products can be divided into two categories: ginning equipment and stripping equipment. The ginning equipment mainly includes ginning machine, seed cotton cleaning machine, and lint cleaning machine. The stripping equipment mainly includes a stripping machine.
Executives
Yang Bing Sheng senior management

ShanDong Swan Cotton Industrial Machinery Stock Co (SHSE:603029) Headlines

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