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Toread Holdings Group Co (SZSE:300005) Cyclically Adjusted Price-to-FCF : 53.70 (As of Jun. 09, 2024)


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What is Toread Holdings Group Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Toread Holdings Group Co's current share price is ¥5.37. Toread Holdings Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.10. Toread Holdings Group Co's Cyclically Adjusted Price-to-FCF for today is 53.70.

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

SZSE:300005' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 33.2   Med: 75.44   Max: 132.89
Current: 56.06

During the past years, Toread Holdings Group Co's highest Cyclically Adjusted Price-to-FCF was 132.89. The lowest was 33.20. And the median was 75.44.

SZSE:300005's Cyclically Adjusted Price-to-FCF is ranked worse than
82.18% of 348 companies
in the Travel & Leisure industry
Industry Median: 21.65 vs SZSE:300005: 56.06

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.

Toread Holdings Group Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.079. 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 ¥0.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toread Holdings Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Toread Holdings Group 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.

Toread Holdings Group Co Cyclically Adjusted Price-to-FCF Chart

Toread Holdings Group 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 46.10 76.32 113.87 107.28 78.19

Toread Holdings Group 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 102.64 82.59 93.75 78.19 54.28

Competitive Comparison of Toread Holdings Group Co's Cyclically Adjusted Price-to-FCF

For the Leisure subindustry, Toread Holdings Group 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.


Toread Holdings Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Toread Holdings Group Co's Cyclically Adjusted Price-to-FCF falls into.



Toread Holdings Group 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.

Toread Holdings Group Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.37/0.1
=53.70

* 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.

Toread Holdings Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Toread Holdings Group 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)
=-0.079/115.2271*115.2271
=-0.079

Current CPI (Mar. 2024) = 115.2271.

Toread Holdings Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.023 98.200 0.027
201409 0.019 98.900 0.022
201412 0.492 99.000 0.573
201503 -0.051 99.900 -0.059
201506 -0.164 99.500 -0.190
201509 -0.074 100.500 -0.085
201512 0.336 100.600 0.385
201603 -0.185 102.200 -0.209
201606 -0.116 101.400 -0.132
201609 -0.018 102.400 -0.020
201612 0.602 102.600 0.676
201703 -0.200 103.200 -0.223
201706 0.055 103.100 0.061
201709 -0.171 104.100 -0.189
201712 0.115 104.500 0.127
201803 -0.162 105.300 -0.177
201806 -0.093 104.900 -0.102
201809 -0.089 106.600 -0.096
201812 0.148 106.500 0.160
201903 -0.003 107.700 -0.003
201906 -0.097 107.700 -0.104
201909 -0.137 109.800 -0.144
201912 0.256 111.200 0.265
202003 -0.241 112.300 -0.247
202006 -0.008 110.400 -0.008
202009 -0.046 111.700 -0.047
202012 0.148 111.500 0.153
202103 -0.009 112.662 -0.009
202106 0.007 111.769 0.007
202109 -0.122 112.215 -0.125
202112 0.135 113.108 0.138
202203 -0.065 114.335 -0.066
202206 -0.059 114.558 -0.059
202209 -0.112 115.339 -0.112
202212 0.381 115.116 0.381
202303 0.018 115.116 0.018
202306 0.072 114.558 0.072
202309 -0.024 115.339 -0.024
202312 0.401 114.781 0.403
202403 -0.079 115.227 -0.079

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.


Toread Holdings Group Co  (SZSE:300005) 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.


Toread Holdings Group Co Cyclically Adjusted Price-to-FCF Related Terms

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Toread Holdings Group Co (SZSE:300005) Business Description

Traded in Other Exchanges
N/A
Address
609, Yong'an Road, Science and Technology Park, Changping District, Beijing, CHN, 100088
Toread Holdings Group Co Ltd is engaged in the research and development, design, production and retail of outdoor products. It offers skin suits, children's outdoor equipment, and outdoor sports shoes, as well as equipment supplies.
Executives
Zhang Zhi Fei Directors, executives
Xue Liang Feng Executives
He Hua Jie Directors, executives
Sun Guo Liang Executives
Yang Lei Supervisors
Chen Xu Executives
Zhang Cheng Directors, Directors, and Executives
Sheng Fa Qiang Director
Zhen Hao Executives
Peng Xin Directors, executives
Zhang Tao Executives
Tao Xu Securities Affairs Representative
Jiang Zhong Fu Directors, executives
Wang Jing Director
Li Xiao Yu Supervisors

Toread Holdings Group Co (SZSE:300005) Headlines

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