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Beijing Enterprises Holdings (FRA:BJEB) Cyclically Adjusted Price-to-FCF : 37.50 (As of May. 02, 2024)


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What is Beijing Enterprises Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-05-02), Beijing Enterprises Holdings's current share price is €3.00. Beijing Enterprises Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 was €0.08. Beijing Enterprises Holdings's Cyclically Adjusted Price-to-FCF for today is 37.50.

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

FRA:BJEB' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 23.48   Med: 46.35   Max: 530.36
Current: 40.15

During the past 13 years, Beijing Enterprises Holdings's highest Cyclically Adjusted Price-to-FCF was 530.36. The lowest was 23.48. And the median was 46.35.

FRA:BJEB's Cyclically Adjusted Price-to-FCF is ranked worse than
74.52% of 208 companies
in the Conglomerates industry
Industry Median: 18.935 vs FRA:BJEB: 40.15

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.

Beijing Enterprises Holdings's adjusted free cash flow per share data of for the fiscal year that ended in Dec22 was €-0.697. 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 €0.08 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beijing Enterprises Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Beijing Enterprises 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.

Beijing Enterprises Holdings Cyclically Adjusted Price-to-FCF Chart

Beijing Enterprises 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 38.05 44.11 30.19 39.99 -

Beijing Enterprises Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 30.19 - 39.99 - -

Competitive Comparison of Beijing Enterprises Holdings's Cyclically Adjusted Price-to-FCF

For the Conglomerates subindustry, Beijing Enterprises 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.


Beijing Enterprises Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Beijing Enterprises Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Beijing Enterprises 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.

Beijing Enterprises Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.00/0.08
=37.50

* 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.

Beijing Enterprises Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Beijing Enterprises Holdings's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec22 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=-0.697/114.5475*114.5475
=-0.697

Current CPI (Dec22) = 114.5475.

Beijing Enterprises Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.037 95.090 -0.045
201412 -0.174 99.707 -0.200
201512 0.961 102.015 1.079
201612 0.675 103.225 0.749
201712 -0.037 104.984 -0.040
201812 0.155 107.622 0.165
201912 0.088 110.700 0.091
202012 -0.013 109.711 -0.014
202112 -0.292 112.349 -0.298
202212 -0.697 114.548 -0.697

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.


Beijing Enterprises Holdings  (FRA:BJEB) 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.


Beijing Enterprises Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Beijing Enterprises Holdings (FRA:BJEB) Business Description

Traded in Other Exchanges
Address
18 Harbour Road, 66th Floor, Central Plaza, Wanchai, Hong Kong, HKG
Beijing Enterprises Holdings was founded in 1997 and it is the listed flagship of the Beijing municipal government. It has a diversified business portfolio with focus on public utilities, including gas distribution and transmission, sewage and water treatment, and waste-to-energy business. It also invests in an upstream Russia oil and gas company, and owns 80% of Yanjing Brewery, one of the leading domestic brewers. The business mix is approximately 70% in gas operation, with the rest in water, waste treatment, and beer businesses.

Beijing Enterprises Holdings (FRA:BJEB) Headlines

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