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Beijing Zodi Investment Co (SZSE:000609) Cyclically Adjusted Price-to-FCF : (As of May. 21, 2024)


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What is Beijing Zodi Investment Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Beijing Zodi Investment Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Beijing Zodi Investment 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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Beijing Zodi Investment Co Cyclically Adjusted Price-to-FCF Chart

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

For the Real Estate Services subindustry, Beijing Zodi Investment 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.


Beijing Zodi Investment Co's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Beijing Zodi Investment Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Beijing Zodi Investment Co's Cyclically Adjusted Price-to-FCF falls into.



Beijing Zodi Investment 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.

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

For example, Beijing Zodi Investment 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)
=0.058/115.2271*115.2271
=0.058

Current CPI (Mar. 2024) = 115.2271.

Beijing Zodi Investment Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.156 98.200 0.183
201409 -0.165 98.900 -0.192
201412 -0.013 99.000 -0.015
201503 -0.117 99.900 -0.135
201506 0.147 99.500 0.170
201509 0.015 100.500 0.017
201512 0.066 100.600 0.076
201603 -0.189 102.200 -0.213
201606 0.052 101.400 0.059
201609 -0.035 102.400 -0.039
201612 0.056 102.600 0.063
201703 -0.094 103.200 -0.105
201706 -0.170 103.100 -0.190
201709 -0.216 104.100 -0.239
201712 -1.107 104.500 -1.221
201803 -1.346 105.300 -1.473
201806 -1.129 104.900 -1.240
201809 -7.772 106.600 -8.401
201812 -1.150 106.500 -1.244
201903 0.137 107.700 0.147
201906 -0.093 107.700 -0.099
201909 -0.221 109.800 -0.232
201912 -0.137 111.200 -0.142
202003 -0.215 112.300 -0.221
202006 -0.044 110.400 -0.046
202009 0.173 111.700 0.178
202012 -0.152 111.500 -0.157
202103 -0.103 112.662 -0.105
202106 0.214 111.769 0.221
202109 0.060 112.215 0.062
202112 0.338 113.108 0.344
202203 0.155 114.335 0.156
202206 0.131 114.558 0.132
202209 0.057 115.339 0.057
202212 0.031 115.116 0.031
202303 -0.090 115.116 -0.090
202306 -0.050 114.558 -0.050
202309 -0.020 115.339 -0.020
202312 -0.019 114.781 -0.019
202403 0.058 115.227 0.058

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.


Beijing Zodi Investment Co  (SZSE:000609) 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.


Beijing Zodi Investment Co Cyclically Adjusted Price-to-FCF Related Terms

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Beijing Zodi Investment Co (SZSE:000609) Business Description

Traded in Other Exchanges
N/A
Address
Courtyard 1, Haiying Road, 5th Floor, Building 6, Science City, Fengtai District, Beijing, CHN, 100005
Beijing Zodi Investment Co Ltd, formerly Beijing Soft Rock Investment Group Corp is engaged in the development and operation of real estate. The Company is also involved in operating fast food chains.

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