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Sinofibers Technology Co (SZSE:300777) Cyclically Adjusted Price-to-FCF : (As of Jun. 05, 2024)


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What is Sinofibers Technology Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sinofibers Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sinofibers 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.

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Sinofibers Technology Co Cyclically Adjusted Price-to-FCF Chart

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

For the Chemicals subindustry, Sinofibers 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.


Sinofibers Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

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

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



Sinofibers 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.

Sinofibers Technology Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Sinofibers Technology Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.571/114.7809*114.7809
=0.571

Current CPI (Dec23) = 114.7809.

Sinofibers Technology Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.065 99.000 -0.075
201512 0.038 100.600 0.043
201612 -0.221 102.600 -0.247
201712 -0.087 104.500 -0.096
201812 -0.065 106.500 -0.070
201912 -0.121 111.200 -0.125
202012 0.448 111.500 0.461
202112 0.339 113.108 0.344
202212 -1.292 115.116 -1.288
202312 0.571 114.781 0.571

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.


Sinofibers Technology Co  (SZSE:300777) 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.


Sinofibers Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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Sinofibers Technology Co (SZSE:300777) Business Description

Traded in Other Exchanges
N/A
Address
No. 6, Xingfeng Road, Xinbei District, Jiangsu, Changzhou, CHN
Website
Sinofibers Technology Co Ltd is a China based company engaged in the manufacturing of Chemical fiber.
Executives
Shen Ju Qin Independent director
Huang Xiao Jun Supervisors
Yang Yong Gang Director
Ceng Wen Lin Director
Li Hui Executives
Fan Jun Liang Executives
Wen Yue Fang Directors, executives
Hu Pei Xian Supervisors

Sinofibers Technology Co (SZSE:300777) Headlines

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