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China Hongqiao Group (FRA:H0Q) Cyclically Adjusted Price-to-FCF : 15.63 (As of Jun. 24, 2024)


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What is China Hongqiao Group Cyclically Adjusted Price-to-FCF?

As of today (2024-06-24), China Hongqiao Group's current share price is €1.407. China Hongqiao Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was €0.09. China Hongqiao Group's Cyclically Adjusted Price-to-FCF for today is 15.63.

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

FRA:H0Q' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.58   Med: 24.35   Max: 47.17
Current: 14.6

During the past 13 years, China Hongqiao Group's highest Cyclically Adjusted Price-to-FCF was 47.17. The lowest was 6.58. And the median was 24.35.

FRA:H0Q's Cyclically Adjusted Price-to-FCF is ranked better than
65.86% of 249 companies
in the Metals & Mining industry
Industry Median: 20.8 vs FRA:H0Q: 14.60

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 Hongqiao Group's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was €0.198. 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 €0.09 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Hongqiao Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Hongqiao 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 Hongqiao Group Cyclically Adjusted Price-to-FCF Chart

China Hongqiao Group 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 - - 34.55 22.60 7.63

China Hongqiao Group 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 34.55 - 22.60 - 7.63

Competitive Comparison of China Hongqiao Group's Cyclically Adjusted Price-to-FCF

For the Aluminum subindustry, China Hongqiao 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 Hongqiao Group's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

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



China Hongqiao 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 Hongqiao Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.407/0.09
=15.63

* 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 Hongqiao Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, China Hongqiao Group'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)
=0.198/114.7809*114.7809
=0.198

Current CPI (Dec23) = 114.7809.

China Hongqiao Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.006 99.000 0.007
201512 -0.218 100.600 -0.249
201612 -0.169 102.600 -0.189
201712 0.406 104.500 0.446
201812 0.055 106.500 0.059
201912 0.162 111.200 0.167
202012 0.170 111.500 0.175
202112 0.316 113.108 0.321
202212 -0.039 115.116 -0.039
202312 0.198 114.781 0.198

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 Hongqiao Group  (FRA:H0Q) 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 Hongqiao Group Cyclically Adjusted Price-to-FCF Related Terms

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China Hongqiao Group (FRA:H0Q) Business Description

Traded in Other Exchanges
Address
Huixian One Road, Zouping Economic Development District, Shandong Province, Zouping, CHN, 256200
China Hongqiao Group Ltd manufactures and sells aluminum products. Its products include molten aluminum alloy, aluminum alloy ingots, aluminum busbars, aluminum alloy processing products, and alumina products. The company has the manufacturing and sale of aluminum products segment. The company's geographical segments are China, India, Europe, Malaysia, and others, out of which China accounts for the majority of the revenue.

China Hongqiao Group (FRA:H0Q) Headlines

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