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Dongguan Winnerway Industrial Zone (SZSE:000573) Cyclically Adjusted Price-to-FCF : 21.23 (As of May. 26, 2024)


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What is Dongguan Winnerway Industrial Zone Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Dongguan Winnerway Industrial Zone's current share price is ¥2.76. Dongguan Winnerway Industrial Zone's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.13. Dongguan Winnerway Industrial Zone's Cyclically Adjusted Price-to-FCF for today is 21.23.

The historical rank and industry rank for Dongguan Winnerway Industrial Zone's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SZSE:000573' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.67   Med: 23.64   Max: 249
Current: 21.12

During the past years, Dongguan Winnerway Industrial Zone's highest Cyclically Adjusted Price-to-FCF was 249.00. The lowest was 11.67. And the median was 23.64.

SZSE:000573's Cyclically Adjusted Price-to-FCF is ranked worse than
70.75% of 694 companies
in the Real Estate industry
Industry Median: 12.675 vs SZSE:000573: 21.12

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.

Dongguan Winnerway Industrial Zone's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.044. 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 ¥0.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dongguan Winnerway Industrial Zone Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Dongguan Winnerway Industrial Zone'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.

Dongguan Winnerway Industrial Zone Cyclically Adjusted Price-to-FCF Chart

Dongguan Winnerway Industrial Zone 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 17.48 13.43 17.62 24.23 25.03

Dongguan Winnerway Industrial Zone 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 20.05 19.92 28.78 25.03 21.88

Competitive Comparison of Dongguan Winnerway Industrial Zone's Cyclically Adjusted Price-to-FCF

For the Real Estate Services subindustry, Dongguan Winnerway Industrial Zone'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.


Dongguan Winnerway Industrial Zone's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Dongguan Winnerway Industrial Zone's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Dongguan Winnerway Industrial Zone's Cyclically Adjusted Price-to-FCF falls into.



Dongguan Winnerway Industrial Zone 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.

Dongguan Winnerway Industrial Zone's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.76/0.13
=21.23

* 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.

Dongguan Winnerway Industrial Zone's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Dongguan Winnerway Industrial Zone'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)
=-0.044/115.2271*115.2271
=-0.044

Current CPI (Mar. 2024) = 115.2271.

Dongguan Winnerway Industrial Zone Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.102 98.200 -0.120
201409 0.071 98.900 0.083
201412 0.079 99.000 0.092
201503 -0.082 99.900 -0.095
201506 0.159 99.500 0.184
201509 -0.004 100.500 -0.005
201512 0.134 100.600 0.153
201603 0.208 102.200 0.235
201606 0.207 101.400 0.235
201609 0.423 102.400 0.476
201612 0.112 102.600 0.126
201703 -0.056 103.200 -0.063
201706 -0.066 103.100 -0.074
201709 -0.025 104.100 -0.028
201712 -0.107 104.500 -0.118
201803 0.094 105.300 0.103
201806 0.030 104.900 0.033
201809 0.254 106.600 0.275
201812 0.346 106.500 0.374
201903 -0.057 107.700 -0.061
201906 -0.001 107.700 -0.001
201909 -0.058 109.800 -0.061
201912 -0.373 111.200 -0.387
202003 -0.091 112.300 -0.093
202006 0.038 110.400 0.040
202009 0.180 111.700 0.186
202012 0.279 111.500 0.288
202103 0.079 112.662 0.081
202106 0.066 111.769 0.068
202109 0.082 112.215 0.084
202112 -0.048 113.108 -0.049
202203 -0.072 114.335 -0.073
202206 -0.182 114.558 -0.183
202209 0.073 115.339 0.073
202212 0.076 115.116 0.076
202303 -0.071 115.116 -0.071
202306 -0.044 114.558 -0.044
202309 -0.375 115.339 -0.375
202312 -0.015 114.781 -0.015
202403 -0.044 115.227 -0.044

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.


Dongguan Winnerway Industrial Zone  (SZSE:000573) 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.


Dongguan Winnerway Industrial Zone Cyclically Adjusted Price-to-FCF Related Terms

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Dongguan Winnerway Industrial Zone (SZSE:000573) Business Description

Traded in Other Exchanges
N/A
Address
Hongyuan Industrial Zone, Hongyuan Road Builing 16th Floor, Nancheng District, Guangdong Province, Dongguan, CHN, 523087
Dongguan Winnerway Industrial Zone Ltd is mainly engaged in the development, operation, sale and lease of real estate in China. The company is also involved in the construction of water supply and electric power projects.
Executives
Wang Lian Ying Directors, executives
Zhou Ming Xuan Director
Feng Bing Qiang Supervisors
Huang Yi Supervisors

Dongguan Winnerway Industrial Zone (SZSE:000573) Headlines

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