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CTJHY (CITIC Resources Holdings) Cyclically Adjusted Price-to-FCF : 4.83 (As of Nov. 10, 2024)


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What is CITIC Resources Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-11-10), CITIC Resources Holdings's current share price is $8.11. CITIC Resources Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was $1.68. CITIC Resources Holdings's Cyclically Adjusted Price-to-FCF for today is 4.83.

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

CTJHY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.71   Med: 11.17   Max: 17
Current: 5.8

During the past 13 years, CITIC Resources Holdings's highest Cyclically Adjusted Price-to-FCF was 17.00. The lowest was 4.71. And the median was 11.17.

CTJHY's Cyclically Adjusted Price-to-FCF is ranked better than
88.8% of 250 companies
in the Metals & Mining industry
Industry Median: 23.475 vs CTJHY: 5.80

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.

CITIC Resources Holdings's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was $2.419. 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 $1.68 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


CITIC Resources Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CITIC Resources Holdings'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.

CITIC Resources Holdings Cyclically Adjusted Price-to-FCF Chart

CITIC Resources Holdings 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 - - - 15.39 4.95

CITIC Resources Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - 15.39 - 4.95 -

Competitive Comparison of CITIC Resources Holdings's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, CITIC Resources Holdings'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.


CITIC Resources Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, CITIC Resources Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where CITIC Resources Holdings's Cyclically Adjusted Price-to-FCF falls into.



CITIC Resources Holdings 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.

CITIC Resources Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=8.11/1.68
=4.83

* 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.

CITIC Resources Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, CITIC Resources Holdings'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)
=2.419/117.2957*117.2957
=2.419

Current CPI (Dec23) = 117.2957.

CITIC Resources Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 2.090 99.707 2.459
201512 -0.899 102.015 -1.034
201612 0.405 103.225 0.460
201712 2.282 104.984 2.550
201812 2.774 107.622 3.023
201912 1.364 110.700 1.445
202012 -0.874 109.711 -0.934
202112 2.180 112.349 2.276
202212 5.364 114.548 5.493
202312 2.419 117.296 2.419

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.


CITIC Resources Holdings  (OTCPK:CTJHY) 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.


CITIC Resources Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


CITIC Resources Holdings Business Description

Traded in Other Exchanges
Address
1 Austin Road West, International Commerce Centre, Suites 6701-02 & 08B, 67th Floor, Kowloon, Hong Kong, HKG
CITIC Resources Holdings Ltd is a provider of strategic natural resources and key commodities. Its activities are the export of commodity products including aluminum ingots, coal, iron ore, alumina, and copper; and the import of other commodity products and manufactured goods including steel, vehicle, and industrial batteries. It has four operating segments; the aluminum smelting segment comprises the operation of the PAS which sources alumina and produces aluminum ingots, the coal segment comprises the operation of coal mines and the sale of coal, the import and export of commodities segment comprises the import of other commodity products and manufactured goods such as steel, and the crude oil segment derives key revenue, comprises the operation of oilfields and the sale of crude oil.

CITIC Resources Holdings Headlines

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