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Dongjiang Environmental Co (FRA:DGN) Cyclically Adjusted Price-to-FCF : (As of Sep. 21, 2024)


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What is Dongjiang Environmental Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dongjiang Environmental Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Dongjiang Environmental 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.

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Dongjiang Environmental Co Cyclically Adjusted Price-to-FCF Chart

Dongjiang Environmental Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Dongjiang Environmental Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Competitive Comparison of Dongjiang Environmental Co's Cyclically Adjusted Price-to-FCF

For the Waste Management subindustry, Dongjiang Environmental 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.


Dongjiang Environmental Co's Cyclically Adjusted Price-to-FCF Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Dongjiang Environmental Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Dongjiang Environmental Co's Cyclically Adjusted Price-to-FCF falls into.



Dongjiang Environmental 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.

Dongjiang Environmental Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Dongjiang Environmental Co's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.01/114.7809*114.7809
=0.010

Current CPI (Jun. 2024) = 114.7809.

Dongjiang Environmental Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 -0.010 98.900 -0.012
201412 -0.022 99.000 -0.026
201503 -0.035 99.900 -0.040
201506 -0.026 99.500 -0.030
201509 -0.016 100.500 -0.018
201512 0.034 100.600 0.039
201603 -0.022 102.200 -0.025
201606 -0.019 101.400 -0.022
201609 -0.018 102.400 -0.020
201612 0.037 102.600 0.041
201703 -0.006 103.200 -0.007
201706 -0.031 103.100 -0.035
201709 0.021 104.100 0.023
201712 0.007 104.500 0.008
201803 -0.030 105.300 -0.033
201806 0.009 104.900 0.010
201809 0.003 106.600 0.003
201812 -0.027 106.500 -0.029
201903 0.020 107.700 0.021
201906 0.022 107.700 0.023
201909 0.014 109.800 0.015
201912 -0.061 111.200 -0.063
202003 0.013 112.300 0.013
202006 -0.003 110.400 -0.003
202009 -0.026 111.700 -0.027
202012 -0.044 111.500 -0.045
202103 -0.032 112.662 -0.033
202106 -0.018 111.769 -0.018
202109 -0.014 112.215 -0.014
202112 -0.053 113.108 -0.054
202203 -0.034 114.335 -0.034
202206 0.012 114.558 0.012
202209 -0.027 115.339 -0.027
202212 -0.017 115.116 -0.017
202303 -0.037 115.116 -0.037
202306 -0.015 114.558 -0.015
202309 -0.011 115.339 -0.011
202312 -0.019 114.781 -0.019
202403 -0.025 115.227 -0.025
202406 0.010 114.781 0.010

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.


Dongjiang Environmental Co  (FRA:DGN) 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.


Dongjiang Environmental Co Cyclically Adjusted Price-to-FCF Related Terms

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Dongjiang Environmental Co Business Description

Traded in Other Exchanges
Address
No. 9 Langshan Road, 1st Floor, 3rd Floor, North of 8th Floor, 9th-12th Floor, Dongjiang Environmental Building, North Zone of Hi-tech Industrial Park, Nanshan, Shenzhen, CHN
Dongjiang Environmental Co Ltd is an investment holding company principally engaged in waste treatment businesses. It operates in the following segments: Industrial waste recycling; Industrial waste treatment and disposal; Rare and precious metals recycling; Municipal waste treatment and disposal; Renewable energy utilization; Environmental engineering and services and others; as well as Household appliances dismantling.

Dongjiang Environmental Co Headlines

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