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Fu-Wang Ceramic Industry (DHA:FUWANGCER) Cyclically Adjusted Price-to-FCF : (As of Apr. 30, 2024)


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What is Fu-Wang Ceramic Industry Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Fu-Wang Ceramic Industry Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fu-Wang Ceramic Industry'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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Fu-Wang Ceramic Industry Cyclically Adjusted Price-to-FCF Chart

Fu-Wang Ceramic Industry Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
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Fu-Wang Ceramic Industry Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Fu-Wang Ceramic Industry's Cyclically Adjusted Price-to-FCF

For the Building Products & Equipment subindustry, Fu-Wang Ceramic Industry'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.


Fu-Wang Ceramic Industry's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Fu-Wang Ceramic Industry's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Fu-Wang Ceramic Industry's Cyclically Adjusted Price-to-FCF falls into.



Fu-Wang Ceramic Industry 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.

Fu-Wang Ceramic Industry's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Fu-Wang Ceramic Industry's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.689/129.4194*129.4194
=-0.689

Current CPI (Dec. 2023) = 129.4194.

Fu-Wang Ceramic Industry Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.121 99.695 -0.157
201406 -0.024 100.560 -0.031
201409 -0.213 100.428 -0.274
201412 -0.378 99.070 -0.494
201503 -0.063 99.621 -0.082
201506 -0.052 100.684 -0.067
201509 -0.013 100.392 -0.017
201512 0.199 99.792 0.258
201603 0.317 100.470 0.408
201606 -0.049 101.688 -0.062
201609 0.093 101.861 0.118
201612 -0.357 101.863 -0.454
201703 -0.650 102.862 -0.818
201706 -0.946 103.349 -1.185
201709 -0.311 104.136 -0.387
201712 -0.495 104.011 -0.616
201803 0.101 105.290 0.124
201806 -0.325 106.317 -0.396
201809 0.118 106.507 0.143
201812 -0.121 105.998 -0.148
201903 -0.165 107.251 -0.199
201906 -1.662 108.070 -1.990
201909 0.183 108.329 0.219
201912 -0.089 108.420 -0.106
202003 -0.154 108.902 -0.183
202006 -0.372 108.767 -0.443
202009 0.406 109.815 0.478
202012 -0.163 109.897 -0.192
202103 0.046 111.754 0.053
202106 0.131 114.631 0.148
202109 -0.039 115.734 -0.044
202112 -0.656 117.630 -0.722
202203 -3.664 121.301 -3.909
202206 -1.923 125.017 -1.991
202209 -1.801 125.227 -1.861
202212 0.657 125.222 0.679
202303 -28.379 127.348 -28.841
202306 -7.473 128.729 -7.513
202309 -0.722 129.860 -0.720
202312 -0.689 129.419 -0.689

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.


Fu-Wang Ceramic Industry  (DHA:FUWANGCER) 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.


Fu-Wang Ceramic Industry Cyclically Adjusted Price-to-FCF Related Terms

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Fu-Wang Ceramic Industry (DHA:FUWANGCER) Business Description

Traded in Other Exchanges
N/A
Address
Pearl Trade Centre (11th Floor), Cha 90/3, Progoti Shoroni, North Badda, Dhaka, BGD, 1212
Fu-Wang Ceramic Industry Ltd operates in the ceramic industry. The company is engaged in the manufacturing and marketing of ceramic and homogeneous floor and wall tiles. Its product offerings include ceramic floor tiles, stair tiles, border tiles, and decor tiles, etc. the company also provides super glossy floor, wall & stair tiles under the brand name Picasso Tiles.

Fu-Wang Ceramic Industry (DHA:FUWANGCER) Headlines

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