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Yongxing Special Materials Technology Co (SZSE:002756) Cyclically Adjusted Price-to-FCF : 21.85 (As of Jun. 06, 2024)


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What is Yongxing Special Materials Technology Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Yongxing Special Materials Technology Co's current share price is ¥44.14. Yongxing Special Materials Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥2.02. Yongxing Special Materials Technology Co's Cyclically Adjusted Price-to-FCF for today is 21.85.

The historical rank and industry rank for Yongxing Special Materials Technology Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SZSE:002756' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.29   Med: 30.7   Max: 152.68
Current: 21.32

During the past years, Yongxing Special Materials Technology Co's highest Cyclically Adjusted Price-to-FCF was 152.68. The lowest was 21.29. And the median was 30.70.

SZSE:002756's Cyclically Adjusted Price-to-FCF is ranked worse than
67.79% of 267 companies
in the Steel industry
Industry Median: 13.35 vs SZSE:002756: 21.32

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.

Yongxing Special Materials Technology Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.433. 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 ¥2.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yongxing Special Materials Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Yongxing Special Materials Technology 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.

Yongxing Special Materials Technology Co Cyclically Adjusted Price-to-FCF Chart

Yongxing Special Materials Technology 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 - - - 63.78 26.67

Yongxing Special Materials Technology 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 50.60 35.74 23.63 26.67 23.66

Competitive Comparison of Yongxing Special Materials Technology Co's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Yongxing Special Materials Technology 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.


Yongxing Special Materials Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Yongxing Special Materials Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Yongxing Special Materials Technology Co's Cyclically Adjusted Price-to-FCF falls into.



Yongxing Special Materials Technology 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.

Yongxing Special Materials Technology Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=44.14/2.02
=21.85

* 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.

Yongxing Special Materials Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Yongxing Special Materials Technology 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)
=-0.433/115.2271*115.2271
=-0.433

Current CPI (Mar. 2024) = 115.2271.

Yongxing Special Materials Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.193 98.200 1.400
201409 -0.196 98.900 -0.228
201412 0.232 99.000 0.270
201503 0.272 99.900 0.314
201506 -1.363 99.500 -1.578
201509 0.186 100.500 0.213
201512 -0.282 100.600 -0.323
201603 0.275 102.200 0.310
201606 -0.005 101.400 -0.006
201609 -0.080 102.400 -0.090
201612 -0.139 102.600 -0.156
201703 -0.090 103.200 -0.100
201706 -0.044 103.100 -0.049
201709 0.278 104.100 0.308
201712 0.168 104.500 0.185
201803 -0.321 105.300 -0.351
201806 -0.066 104.900 -0.072
201809 0.344 106.600 0.372
201812 0.304 106.500 0.329
201903 -0.071 107.700 -0.076
201906 0.116 107.700 0.124
201909 0.160 109.800 0.168
201912 -0.435 111.200 -0.451
202003 -0.019 112.300 -0.019
202006 0.344 110.400 0.359
202009 0.088 111.700 0.091
202012 0.440 111.500 0.455
202103 -0.436 112.662 -0.446
202106 0.447 111.769 0.461
202109 0.283 112.215 0.291
202112 0.610 113.108 0.621
202203 0.465 114.335 0.469
202206 2.639 114.558 2.654
202209 3.958 115.339 3.954
202212 4.566 115.116 4.570
202303 2.331 115.116 2.333
202306 1.380 114.558 1.388
202309 1.986 115.339 1.984
202312 0.929 114.781 0.933
202403 -0.433 115.227 -0.433

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.


Yongxing Special Materials Technology Co  (SZSE:002756) 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.


Yongxing Special Materials Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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Yongxing Special Materials Technology Co (SZSE:002756) Business Description

Traded in Other Exchanges
N/A
Address
Yangjiabu, Zhejiang province, Huzhou, CHN, 313005
Yongxing Special Stainless Steel Co Ltd is engaged in the research and development and production of high-quality stainless steel and nickel-based iron-nickel-based alloy rods and wire. The products of the company are mainly used in petrochemicals, high-pressure boilers, nuclear power, equipment manufacturing, aerospace, and other industrial fields. The product portfolio includes - stainless steel bars, stainless steel wire, and special alloy.
Executives
Gao Yi Bin Executives
Yao Guo Hua Executives
Zou Wei Min Director
Xu Feng Directors, executives
Gu Jian Qiang Director
Deng Qian Wen Executives
Gao Xing Jiang Directors, executives
Qiu Jian Rong Directors, executives
Yang Hui Director
Zhou Gui Rong Director
Shen Hui Yu Supervisors
Xu Fa Gen Supervisors
Li Zheng Zhou Director
Li De Chun Director

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