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China Finance Investment Holdings (HKSE:00875) Cyclically Adjusted Price-to-FCF : (As of Jun. 19, 2024)


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What is China Finance Investment Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


China Finance Investment Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Finance Investment 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.

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China Finance Investment Holdings Cyclically Adjusted Price-to-FCF Chart

China Finance Investment Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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China Finance Investment Holdings 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 China Finance Investment Holdings's Cyclically Adjusted Price-to-FCF

For the Farm Products subindustry, China Finance Investment 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.


China Finance Investment Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, China Finance Investment Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



China Finance Investment 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.

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

For example, China Finance Investment 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)
=-0.457/117.2957*117.2957
=-0.457

Current CPI (Dec23) = 117.2957.

China Finance Investment Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -2.318 99.707 -2.727
201512 -4.514 102.015 -5.190
201612 -8.454 103.225 -9.606
201712 -0.565 104.984 -0.631
201812 -2.162 107.622 -2.356
201912 -1.185 110.700 -1.256
202012 -0.470 109.711 -0.502
202112 -0.179 112.349 -0.187
202212 -0.173 114.548 -0.177
202312 -0.457 117.296 -0.457

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 Finance Investment Holdings  (HKSE:00875) 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 Finance Investment Holdings Cyclically Adjusted Price-to-FCF Related Terms

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China Finance Investment Holdings (HKSE:00875) Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Salisbury Road, Unit 32A, 15th Floor, Star House, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
China Finance Investment Holdings Ltd is engaged in growing of agricultural produce, trading of agricultural and meat produce, poultry, seafood and prepared food in the PRC. The company has only one operating and reportable segment, being agricultural and meat business. The company earns majority of its revenue from the PRC.
Executives
Lin Yuhao 2101 Beneficial owner
Sino Richest Investment Holdings Limited
Hui Jia Investments Limited 2101 Beneficial owner
Chen Huifang 2201 Interest of corporation controlled by you

China Finance Investment Holdings (HKSE:00875) Headlines

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