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Emei Shan Tourism Co (SZSE:000888) Cyclically Adjusted Price-to-FCF : 45.36 (As of Jun. 10, 2024)


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What is Emei Shan Tourism Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Emei Shan Tourism Co's current share price is ¥11.34. Emei Shan Tourism Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.25. Emei Shan Tourism Co's Cyclically Adjusted Price-to-FCF for today is 45.36.

The historical rank and industry rank for Emei Shan Tourism Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SZSE:000888' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.96   Med: 61.88   Max: 266.29
Current: 45.76

During the past years, Emei Shan Tourism Co's highest Cyclically Adjusted Price-to-FCF was 266.29. The lowest was 21.96. And the median was 61.88.

SZSE:000888's Cyclically Adjusted Price-to-FCF is ranked worse than
77.59% of 348 companies
in the Travel & Leisure industry
Industry Median: 21.65 vs SZSE:000888: 45.76

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.

Emei Shan Tourism Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.012. 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 ¥0.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Emei Shan Tourism Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Emei Shan Tourism 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.

Emei Shan Tourism Co Cyclically Adjusted Price-to-FCF Chart

Emei Shan Tourism 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 25.36 30.53 40.06 75.34 43.16

Emei Shan Tourism 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 60.60 74.13 57.92 43.16 41.56

Competitive Comparison of Emei Shan Tourism Co's Cyclically Adjusted Price-to-FCF

For the Travel Services subindustry, Emei Shan Tourism 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.


Emei Shan Tourism Co's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Emei Shan Tourism Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Emei Shan Tourism Co's Cyclically Adjusted Price-to-FCF falls into.



Emei Shan Tourism 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.

Emei Shan Tourism Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=11.34/0.25
=45.36

* 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.

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

For example, Emei Shan Tourism 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)
=0.012/115.2271*115.2271
=0.012

Current CPI (Mar. 2024) = 115.2271.

Emei Shan Tourism Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.034 98.200 -0.040
201409 0.223 98.900 0.260
201412 0.019 99.000 0.022
201503 -0.198 99.900 -0.228
201506 0.157 99.500 0.182
201509 0.217 100.500 0.249
201512 -0.097 100.600 -0.111
201603 -0.140 102.200 -0.158
201606 0.035 101.400 0.040
201609 0.089 102.400 0.100
201612 0.040 102.600 0.045
201703 -0.177 103.200 -0.198
201706 0.191 103.100 0.213
201709 0.178 104.100 0.197
201712 0.029 104.500 0.032
201803 -0.006 105.300 -0.007
201806 0.180 104.900 0.198
201809 0.237 106.600 0.256
201812 0.172 106.500 0.186
201903 0.052 107.700 0.056
201906 0.228 107.700 0.244
201909 0.300 109.800 0.315
201912 0.065 111.200 0.067
202003 -0.328 112.300 -0.337
202006 -0.045 110.400 -0.047
202009 0.185 111.700 0.191
202012 0.048 111.500 0.050
202103 -0.147 112.662 -0.150
202106 0.199 111.769 0.205
202109 0.135 112.215 0.139
202112 0.003 113.108 0.003
202203 -0.264 114.335 -0.266
202206 0.017 114.558 0.017
202209 0.015 115.339 0.015
202212 -0.016 115.116 -0.016
202303 0.086 115.116 0.086
202306 0.197 114.558 0.198
202309 0.279 115.339 0.279
202312 0.179 114.781 0.180
202403 0.012 115.227 0.012

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.


Emei Shan Tourism Co  (SZSE:000888) 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.


Emei Shan Tourism Co Cyclically Adjusted Price-to-FCF Related Terms

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Emei Shan Tourism Co (SZSE:000888) Business Description

Traded in Other Exchanges
N/A
Address
No. 41 Mingshan South Road, Sichuan Province, Emeishan, CHN, 614200
Emei Shan Tourism Co Ltd operates as a tourism company. It is principally engaged in the operation of Emei Mountain tourism, cable transport, hotels, catering business as well as the provision of other tourism-related services in China.
Executives
Fan Li Li Executives
Zhou Dong Liang Director
Ma Yuan Zhu Director
Jiang Yue Supervisors

Emei Shan Tourism Co (SZSE:000888) Headlines

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