GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Jinmao Holdings Group Ltd (HKSE:00817) » Definitions » Cyclically Adjusted Price-to-FCF

China Jinmao Holdings Group (HKSE:00817) Cyclically Adjusted Price-to-FCF : 2.88 (As of Jun. 01, 2024)


View and export this data going back to 2007. Start your Free Trial

What is China Jinmao Holdings Group Cyclically Adjusted Price-to-FCF?

As of today (2024-06-01), China Jinmao Holdings Group's current share price is HK$0.69. China Jinmao Holdings Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was HK$0.24. China Jinmao Holdings Group's Cyclically Adjusted Price-to-FCF for today is 2.88.

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

HKSE:00817' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.02   Med: 11.73   Max: 124
Current: 2.95

During the past 13 years, China Jinmao Holdings Group's highest Cyclically Adjusted Price-to-FCF was 124.00. The lowest was 2.02. And the median was 11.73.

HKSE:00817's Cyclically Adjusted Price-to-FCF is ranked better than
86.91% of 695 companies
in the Real Estate industry
Industry Median: 12.53 vs HKSE:00817: 2.95

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 Jinmao Holdings Group's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was HK$0.179. 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 HK$0.24 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Jinmao Holdings Group Cyclically Adjusted Price-to-FCF Historical Data

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

China Jinmao Holdings 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 - 104.10 15.40 10.78 3.08

China Jinmao Holdings 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 15.40 - 10.78 - 3.08

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

For the Real Estate - Development subindustry, China Jinmao Holdings 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 Jinmao Holdings Group's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Jinmao Holdings Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.69/0.24
=2.88

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

For example, China Jinmao Holdings 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)
=0.179/117.2957*117.2957
=0.179

Current CPI (Dec23) = 117.2957.

China Jinmao Holdings Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.935 99.707 -1.100
201512 0.768 102.015 0.883
201612 -0.156 103.225 -0.177
201712 -2.687 104.984 -3.002
201812 0.153 107.622 0.167
201912 1.805 110.700 1.913
202012 2.940 109.711 3.143
202112 0.332 112.349 0.347
202212 0.084 114.548 0.086
202312 0.179 117.296 0.179

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 Jinmao Holdings Group  (HKSE:00817) 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 Jinmao Holdings Group Cyclically Adjusted Price-to-FCF Related Terms

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


China Jinmao Holdings Group (HKSE:00817) Business Description

Traded in Other Exchanges
Address
No. 1 Harbour Road, Room 4702-4703, 47th Floor, Office Tower, Convention Plaza, Wanchai, Hong Kong, HKG
China Jinmao, formerly known as Franshion Properties, is a mid-cap real estate developer in China, and listed on the Hong Kong stock exchange in 2007. As the real estate arm of Sinochem, a leading government-controlled chemical-producing conglomerate, China Jinmao focuses on the development of high-end residential projects in higher-tier cities of China with premium pricing. It also engages in a unique city operation model, in which it has opportunities to participate in large-scale primary and secondary land development through specific agreements with local government. Under the mixed ownership reform initiative, China Jinmao brought in Ping An as a long-term financial investor and as the second largest shareholder.
Executives
Ubs Group Ag 2201 Interest of corporation controlled by you
Zhong Guo Zhong Hua Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Zhong Hua Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Hua Xiang Gang Ji Tuan You Xian Gong Si 2101 Beneficial owner
Zhong Guo Zhong Hua Kong Gu You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Ping An Bao Xian Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Ping An Ren Shou Bao Xian Gu Fen You Xian Gong Si 2501 Other
Ping An Of China Asset Management (hong Kong) Company Limited
New China Asset Management Company Limited 2201 Interest of corporation controlled by you
New China Life Insurance Company Ltd. 2201 Interest of corporation controlled by you
New China Asset Management (hong Kong) Limited 2201 Interest of corporation controlled by you

China Jinmao Holdings Group (HKSE:00817) Headlines

No Headlines