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SORL Auto Parts (SORL Auto Parts) Cyclically Adjusted Price-to-FCF : (As of May. 15, 2024)


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What is SORL Auto Parts Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


SORL Auto Parts Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for SORL Auto Parts'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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SORL Auto Parts Cyclically Adjusted Price-to-FCF Chart

SORL Auto Parts Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted Price-to-FCF
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SORL Auto Parts Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of SORL Auto Parts's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, SORL Auto Parts'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.


SORL Auto Parts's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SORL Auto Parts's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where SORL Auto Parts's Cyclically Adjusted Price-to-FCF falls into.



SORL Auto Parts 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.

SORL Auto Parts's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2019 is calculated as:

For example, SORL Auto Parts's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2019 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=-1.178/109.8000*109.8000
=-1.178

Current CPI (Sep. 2019) = 109.8000.

SORL Auto Parts Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200912 -0.552 85.386 -0.710
201003 -0.110 86.316 -0.140
201006 -0.831 85.886 -1.062
201009 0.757 87.267 0.952
201012 -0.101 89.289 -0.124
201103 0.278 91.154 0.335
201106 0.017 91.612 0.020
201109 -0.476 92.711 -0.564
201112 0.099 92.885 0.117
201203 0.203 94.367 0.236
201206 0.303 93.495 0.356
201209 0.351 94.482 0.408
201212 0.648 95.237 0.747
201303 0.099 96.372 0.113
201306 -0.162 95.984 -0.185
201309 -0.055 97.332 -0.062
201312 -0.064 97.624 -0.072
201403 -0.092 98.600 -0.102
201406 -0.242 98.200 -0.271
201409 0.769 98.900 0.854
201412 0.526 99.000 0.583
201503 -0.070 99.900 -0.077
201506 0.829 99.500 0.915
201509 1.134 100.500 1.239
201512 -0.015 100.600 -0.016
201603 -0.086 102.200 -0.092
201606 -0.405 101.400 -0.439
201609 0.026 102.400 0.028
201612 -0.077 102.600 -0.082
201703 -0.923 103.200 -0.982
201706 -0.777 103.100 -0.827
201709 0.411 104.100 0.434
201712 0.178 104.500 0.187
201803 0.861 105.300 0.898
201806 0.816 104.900 0.854
201809 0.430 106.600 0.443
201812 3.361 106.500 3.465
201903 -2.024 107.700 -2.063
201906 -1.741 107.700 -1.775
201909 -1.178 109.800 -1.178

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.


SORL Auto Parts  (NAS:SORL) 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.


SORL Auto Parts Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of SORL Auto Parts's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


SORL Auto Parts (SORL Auto Parts) Business Description

Traded in Other Exchanges
N/A
Address
NO. 2666 KaiFaqu Avenue, Ruili Industry Area, Zhejiang Province, Ruian City, CHN, 325200
SORL Auto Parts Inc develops, manufactures and distributes automotive brake systems and other key safety-related auto parts to automotive original equipment manufacturers, and the related aftermarket both in China and internationally. The company is organized into two principal operating division: Commercial Vehicles Brake Systems and Passenger Vehicles Brake Systems. Its key products are air brake system, tubes and fittings, ABS and diagnosis, power steering pumps, electrical and railway parts, and new energy parts. The company's products are principally used in different types of commercial vehicles, such as trucks and buses. Most of the firm's revenue gets generated through Commercial Vehicles Brake Systems segment.
Executives
Kevin R Keating director, officer: President 190 LAKEVIEW WAY, VERO BEACH FL 32963