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Xingye Alloy Materials Group (HKSE:00505) Cyclically Adjusted Price-to-FCF : (As of Jun. 20, 2024)


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What is Xingye Alloy Materials Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Xingye Alloy Materials Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Xingye Alloy Materials 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.

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Xingye Alloy Materials Group Cyclically Adjusted Price-to-FCF Chart

Xingye Alloy Materials Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Xingye Alloy Materials Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Xingye Alloy Materials Group's Cyclically Adjusted Price-to-FCF

For the Copper subindustry, Xingye Alloy Materials 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.


Xingye Alloy Materials Group's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Xingye Alloy Materials Group's Cyclically Adjusted Price-to-FCF falls into.



Xingye Alloy Materials 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.

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

For example, Xingye Alloy Materials 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)
=-0.59/117.2957*117.2957
=-0.590

Current CPI (Dec23) = 117.2957.

Xingye Alloy Materials Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.531 99.707 -0.625
201512 0.120 102.015 0.138
201612 0.150 103.225 0.170
201712 -0.139 104.984 -0.155
201812 0.049 107.622 0.053
201912 -0.100 110.700 -0.106
202012 -0.110 109.711 -0.118
202112 -0.092 112.349 -0.096
202212 0.419 114.548 0.429
202312 -0.590 117.296 -0.590

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.


Xingye Alloy Materials Group  (HKSE:00505) 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.


Xingye Alloy Materials Group Cyclically Adjusted Price-to-FCF Related Terms

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Xingye Alloy Materials Group (HKSE:00505) Business Description

Traded in Other Exchanges
N/A
Address
37-39 Hung To Road, Flat 11, 11th Floor, Hung Tai Industrial Building, Kwun Tong, Kowloon, Hong Kong, HKG
Xingye Alloy Materials Group Ltd is an investment holding company engaged in the copper products business. The principal activities of the company are the manufacturing and sales of high-precision copper plates and strips, trading of raw materials, provision of processing services, the management of a portfolio of investment and development, and operation and distribution of internet and mobile gaming products The company generates its revenue from Mainland China, South Korea, Hong Kong, Taiwan, Bangladesh, India, Thailand, and Other countries.
Executives
Hu Changyuan 2101 Beneficial owner
Yu Yuesu 2202 Interest of your spouse
Ma Jiafeng 2201 Interest of corporation controlled by you
Xie Shicai 2201 Interest of corporation controlled by you
Dynamic Empire Holdings Limited 2201 Interest of corporation controlled by you
Come Fortune International Limited 2101 Beneficial owner
Zedra Trust Company (singapore) Limited 2301 Trustee
Bostone Group Limited 2101 Beneficial owner

Xingye Alloy Materials Group (HKSE:00505) Headlines

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