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Zhejiang Danau Industries Co (BJSE:831855) Cyclically Adjusted Price-to-FCF : 20.39 (As of Jun. 20, 2024)


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What is Zhejiang Danau Industries Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-20), Zhejiang Danau Industries Co's current share price is ¥7.75. Zhejiang Danau Industries Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was ¥0.38. Zhejiang Danau Industries Co's Cyclically Adjusted Price-to-FCF for today is 20.39.

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

BJSE:831855' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 20.21   Med: 24.7   Max: 115.2
Current: 20.31

During the past 12 years, Zhejiang Danau Industries Co's highest Cyclically Adjusted Price-to-FCF was 115.20. The lowest was 20.21. And the median was 24.70.

BJSE:831855's Cyclically Adjusted Price-to-FCF is ranked better than
70.13% of 1031 companies
in the Industrial Products industry
Industry Median: 32.33 vs BJSE:831855: 20.31

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.

Zhejiang Danau Industries Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was ¥0.442. 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 ¥0.38 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Danau Industries Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zhejiang Danau Industries 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.

Zhejiang Danau Industries Co Cyclically Adjusted Price-to-FCF Chart

Zhejiang Danau Industries 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 - - 115.74 19.20 35.31

Zhejiang Danau Industries Co Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 - - - 35.31 -

Competitive Comparison of Zhejiang Danau Industries Co's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Zhejiang Danau Industries 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.


Zhejiang Danau Industries Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Danau Industries Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Zhejiang Danau Industries Co's Cyclically Adjusted Price-to-FCF falls into.



Zhejiang Danau Industries 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.

Zhejiang Danau Industries Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7.75/0.38
=20.39

* 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.

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

For example, Zhejiang Danau Industries 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)
=0.442/114.7809*114.7809
=0.442

Current CPI (Dec23) = 114.7809.

Zhejiang Danau Industries Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.124 99.000 0.144
201512 -0.104 100.600 -0.119
201612 0.038 102.600 0.043
201712 0.030 104.500 0.033
201812 -0.224 106.500 -0.241
201912 0.663 111.200 0.684
202012 0.704 111.500 0.725
202112 0.991 113.108 1.006
202212 1.048 115.116 1.045
202312 0.442 114.781 0.442

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.


Zhejiang Danau Industries Co  (BJSE:831855) 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.


Zhejiang Danau Industries Co Cyclically Adjusted Price-to-FCF Related Terms

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Zhejiang Danau Industries Co (BJSE:831855) Business Description

Traded in Other Exchanges
N/A
Address
No. 299 Yanhe North Road, Hengjie Town, Luqiao District, Zhejiang Province, Taizhou City, CHN, 318056
Zhejiang Danau Industries Co Ltd engages in research and development, production, and sales of high-pressure cleaner-related products. Its product offering comprises of Industrial Reciprocating High-Pressure Plunger Pump, Industrial High-Pressure Plunger Pump Set/System, High Pressure Plunger Pump, Pump Valves and Parts, High Pressure Washer, Specialized Pressure Washer/System, High-Pressure Washer Accessories, and Sewer Nozzle and Attachment.

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