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Xuchang Yuandong Drive Shaft Co (SZSE:002406) Cyclically Adjusted Price-to-FCF : 31.35 (As of May. 28, 2024)


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What is Xuchang Yuandong Drive Shaft Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-28), Xuchang Yuandong Drive Shaft Co's current share price is ¥5.33. Xuchang Yuandong Drive Shaft Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.17. Xuchang Yuandong Drive Shaft Co's Cyclically Adjusted Price-to-FCF for today is 31.35.

The historical rank and industry rank for Xuchang Yuandong Drive Shaft Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SZSE:002406' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 23.74   Med: 39.06   Max: 331
Current: 31.92

During the past years, Xuchang Yuandong Drive Shaft Co's highest Cyclically Adjusted Price-to-FCF was 331.00. The lowest was 23.74. And the median was 39.06.

SZSE:002406's Cyclically Adjusted Price-to-FCF is ranked worse than
60.8% of 477 companies
in the Vehicles & Parts industry
Industry Median: 21.54 vs SZSE:002406: 31.92

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.

Xuchang Yuandong Drive Shaft Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.069. 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 ¥0.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Xuchang Yuandong Drive Shaft Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Xuchang Yuandong Drive Shaft 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.

Xuchang Yuandong Drive Shaft Co Cyclically Adjusted Price-to-FCF Chart

Xuchang Yuandong Drive Shaft 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 - 78.88 40.82 27.61 37.33

Xuchang Yuandong Drive Shaft 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 37.85 38.35 44.20 37.33 37.86

Competitive Comparison of Xuchang Yuandong Drive Shaft Co's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Xuchang Yuandong Drive Shaft 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.


Xuchang Yuandong Drive Shaft Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Xuchang Yuandong Drive Shaft Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Xuchang Yuandong Drive Shaft Co's Cyclically Adjusted Price-to-FCF falls into.



Xuchang Yuandong Drive Shaft 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.

Xuchang Yuandong Drive Shaft Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.33/0.17
=31.35

* 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.

Xuchang Yuandong Drive Shaft Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Xuchang Yuandong Drive Shaft 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)
=-0.069/115.2271*115.2271
=-0.069

Current CPI (Mar. 2024) = 115.2271.

Xuchang Yuandong Drive Shaft Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.086 98.200 0.101
201409 0.012 98.900 0.014
201412 0.162 99.000 0.189
201503 -0.030 99.900 -0.035
201506 0.051 99.500 0.059
201509 -0.004 100.500 -0.005
201512 0.097 100.600 0.111
201603 -0.076 102.200 -0.086
201606 0.065 101.400 0.074
201609 0.018 102.400 0.020
201612 0.102 102.600 0.115
201703 -0.029 103.200 -0.032
201706 0.069 103.100 0.077
201709 0.014 104.100 0.015
201712 0.046 104.500 0.051
201803 0.007 105.300 0.008
201806 0.005 104.900 0.005
201809 -0.040 106.600 -0.043
201812 0.111 106.500 0.120
201903 0.151 107.700 0.162
201906 -0.058 107.700 -0.062
201909 0.044 109.800 0.046
201912 0.180 111.200 0.187
202003 0.083 112.300 0.085
202006 0.020 110.400 0.021
202009 -0.029 111.700 -0.030
202012 0.151 111.500 0.156
202103 0.012 112.662 0.012
202106 0.081 111.769 0.084
202109 0.172 112.215 0.177
202112 -0.034 113.108 -0.035
202203 0.035 114.335 0.035
202206 0.294 114.558 0.296
202209 0.015 115.339 0.015
202212 0.021 115.116 0.021
202303 -0.145 115.116 -0.145
202306 0.073 114.558 0.073
202309 0.010 115.339 0.010
202312 -0.111 114.781 -0.111
202403 -0.069 115.227 -0.069

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.


Xuchang Yuandong Drive Shaft Co  (SZSE:002406) 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.


Xuchang Yuandong Drive Shaft Co Cyclically Adjusted Price-to-FCF Related Terms

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Xuchang Yuandong Drive Shaft Co (SZSE:002406) Business Description

Traded in Other Exchanges
N/A
Address
Shangji Town, Noth Suburb of Xuchang City, Xuchang City, CHN, 461111
Xuchang Yuandong Drive Shaft Co Ltd engages in the manufacture of automobile drive shaft assemblies in China.
Executives
Li Dan Qing Secretary Dong
Liu Yan Sheng Director
Fu Dong An Supervisors
Qi Huai De Supervisors
Zhang Wei Min Executives
Xu Kai Yang Supervisors
Shi Cai Xia Executives
Zhao Bao Jiang Directors, executives
Ge Zi Yi Supervisors
Ma Xi Ling Director
Zhao Liu An Supervisors
Meng Hui Tao Executives
Chen Zong Shen Supervisors
Wang Wei Executives
Yang Guo Jun Director

Xuchang Yuandong Drive Shaft Co (SZSE:002406) Headlines

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