GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Strong Petrochemical Holdings Ltd (HKSE:00852) » Definitions » Cyclically Adjusted Price-to-FCF

Strong Petrochemical Holdings (HKSE:00852) Cyclically Adjusted Price-to-FCF : 4.07 (As of May. 18, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Strong Petrochemical Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-05-18), Strong Petrochemical Holdings's current share price is HK$0.285. Strong Petrochemical Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was HK$0.07. Strong Petrochemical Holdings's Cyclically Adjusted Price-to-FCF for today is 4.07.

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

HKSE:00852' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.74   Med: 4.91   Max: 50
Current: 3.55

During the past 13 years, Strong Petrochemical Holdings's highest Cyclically Adjusted Price-to-FCF was 50.00. The lowest was 0.74. And the median was 4.91.

HKSE:00852's Cyclically Adjusted Price-to-FCF is ranked better than
85.64% of 397 companies
in the Oil & Gas industry
Industry Median: 14 vs HKSE:00852: 3.55

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.

Strong Petrochemical Holdings's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was HK$-0.019. 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$0.07 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Strong Petrochemical Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Strong Petrochemical Holdings'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.

Strong Petrochemical Holdings Cyclically Adjusted Price-to-FCF Chart

Strong Petrochemical Holdings 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 36.15 5.22 2.96 1.65 3.76

Strong Petrochemical Holdings 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 2.96 - 1.65 - 3.76

Competitive Comparison of Strong Petrochemical Holdings's Cyclically Adjusted Price-to-FCF

For the Oil & Gas Refining & Marketing subindustry, Strong Petrochemical Holdings'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.


Strong Petrochemical Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Strong Petrochemical Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Strong Petrochemical Holdings's Cyclically Adjusted Price-to-FCF falls into.



Strong Petrochemical Holdings 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.

Strong Petrochemical Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.285/0.07
=4.07

* 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.

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

For example, Strong Petrochemical Holdings'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)
=-0.019/117.2957*117.2957
=-0.019

Current CPI (Dec23) = 117.2957.

Strong Petrochemical Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.168 99.707 -0.198
201512 0.646 102.015 0.743
201612 -0.402 103.225 -0.457
201712 0.679 104.984 0.759
201812 -0.215 107.622 -0.234
201912 -0.338 110.700 -0.358
202012 0.302 109.711 0.323
202112 0.093 112.349 0.097
202212 0.062 114.548 0.063
202312 -0.019 117.296 -0.019

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.


Strong Petrochemical Holdings  (HKSE:00852) 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.


Strong Petrochemical Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Strong Petrochemical Holdings (HKSE:00852) Business Description

Traded in Other Exchanges
N/A
Address
16 Harcourt Road, Room 1604, 16th Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG
Strong Petrochemical Holdings Ltd is a Hong Kong-based company engaged in the trading of crude oil, petroleum products, and petrochemicals. Its segments include the Trading business and Storage business. The Trading business segment includes trading of commodities including crude oil, petroleum products, petrochemicals, coal, and iron ore. The Storage business segment includes the provision of general storage and other ancillary services in respect of petroleum products and petrochemicals. The majority of the firm's revenue comes from the People's Republic of China.

Strong Petrochemical Holdings (HKSE:00852) Headlines

No Headlines