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Shanghai Zendai Property (HKSE:00755) Cyclically Adjusted Price-to-FCF : (As of Jun. 19, 2024)


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What is Shanghai Zendai Property Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Zendai Property Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shanghai Zendai Property'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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Shanghai Zendai Property Cyclically Adjusted Price-to-FCF Chart

Shanghai Zendai Property Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Shanghai Zendai Property 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 Shanghai Zendai Property's Cyclically Adjusted Price-to-FCF

For the Real Estate - Development subindustry, Shanghai Zendai Property'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.


Shanghai Zendai Property's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shanghai Zendai Property's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shanghai Zendai Property's Cyclically Adjusted Price-to-FCF falls into.



Shanghai Zendai Property 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.

Shanghai Zendai Property's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Shanghai Zendai Property'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)
=0.008/117.2957*117.2957
=0.008

Current CPI (Dec23) = 117.2957.

Shanghai Zendai Property Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.188 99.707 -0.221
201512 -0.149 102.015 -0.171
201612 0.044 103.225 0.050
201712 -0.030 104.984 -0.034
201812 0.089 107.622 0.097
201912 0.004 110.700 0.004
202012 0.019 109.711 0.020
202112 -0.001 112.349 -0.001
202212 -0.020 114.548 -0.020
202312 0.008 117.296 0.008

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.


Shanghai Zendai Property  (HKSE:00755) 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.


Shanghai Zendai Property Cyclically Adjusted Price-to-FCF Related Terms

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Shanghai Zendai Property (HKSE:00755) Business Description

Traded in Other Exchanges
N/A
Address
18 Harbour Road, Unit 6508, 65th Floor, Central Plaza, Wanchai, Hong Kong, HKG
Shanghai Zendai Property Ltd is an investment holding company engaged in the property development business. It is organized into three operating segments which comprise Sales of properties; Hotel operations; and Property rental, management, and agency services. The majority of its revenue is derived from the Sales of properties segment. All of the group's revenues are derived from the People's Republic of China.
Executives
China Orient Asset Management (international) Holding Limited 2106 Person having a security interest in shares
China Orient Asset Management Co., Ltd. 2201 Interest of corporation controlled by you
Dong Yin Development (holdings) Limited 2201 Interest of corporation controlled by you
Wise Leader Assets Ltd. 2201 Interest of corporation controlled by you
Nantong Sanjian Holding (hk) Co., Limited 2101 Beneficial owner
Nan Tong San Jian Kong Gu You Xian Gong Si 2106 Person having a security interest in shares

Shanghai Zendai Property (HKSE:00755) Headlines

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