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China New Higher Education Group (FRA:8CN) Cyclically Adjusted Price-to-FCF : 4.57 (As of Jan. 19, 2025)


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What is China New Higher Education Group Cyclically Adjusted Price-to-FCF?

As of today (2025-01-19), China New Higher Education Group's current share price is €0.137. China New Higher Education Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Aug24 was €0.03. China New Higher Education Group's Cyclically Adjusted Price-to-FCF for today is 4.57.

The historical rank and industry rank for China New Higher Education Group's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:8CN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.5   Med: 9.67   Max: 12.9
Current: 4.36

During the past 11 years, China New Higher Education Group's highest Cyclically Adjusted Price-to-FCF was 12.90. The lowest was 3.50. And the median was 9.67.

FRA:8CN's Cyclically Adjusted Price-to-FCF is ranked better than
75.38% of 65 companies
in the Education industry
Industry Median: 15.02 vs FRA:8CN: 4.36

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.

China New Higher Education Group's adjusted free cash flow per share data of for the fiscal year that ended in Aug24 was €0.056. 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 €0.03 for the trailing ten years ended in Aug24.

Shiller PE for Stocks: The True Measure of Stock Valuation


China New Higher Education Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China New Higher Education Group'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.

China New Higher Education Group Cyclically Adjusted Price-to-FCF Chart

China New Higher Education Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Aug20 Aug21 Aug22 Aug23 Aug24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 11.84 5.72

China New Higher Education Group Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 - - 11.84 - 5.72

Competitive Comparison of China New Higher Education Group's Cyclically Adjusted Price-to-FCF

For the Education & Training Services subindustry, China New Higher Education Group'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.


China New Higher Education Group's Cyclically Adjusted Price-to-FCF Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China New Higher Education Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China New Higher Education Group's Cyclically Adjusted Price-to-FCF falls into.



China New Higher Education Group 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.

China New Higher Education Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.137/0.03
=4.57

* 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.

China New Higher Education Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Aug24 is calculated as:

For example, China New Higher Education Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Aug24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Aug24 (Change)*Current CPI (Aug24)
=0.056/115.7848*115.7848
=0.056

Current CPI (Aug24) = 115.7848.

China New Higher Education Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201512 0.008 100.600 0.009
201612 0.005 102.600 0.006
201712 0.001 104.500 0.001
201812 0.009 106.500 0.010
201912 0.037 111.200 0.039
202008 0.000 111.500 0.000
202108 0.027 112.215 0.028
202208 0.071 115.004 0.071
202308 0.059 115.116 0.059
202408 0.056 115.785 0.056

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.


China New Higher Education Group  (FRA:8CN) 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.


China New Higher Education Group Cyclically Adjusted Price-to-FCF Related Terms

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China New Higher Education Group Business Description

Traded in Other Exchanges
Address
5A Shuguang Xili Street, 20th floor, Tower F, Phoenix Place, Chaoyang District, Beijing, CHN
China New Higher Education Group, or CNHE, is a leading higher education group in China. Its school network spans seven provinces. Total enrolled students reached about 139,000 for the academic year 2024/25. CNHE currently operates eight schools, up from only two schools in 2016.

China New Higher Education Group Headlines

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