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CPMC Holdings (HKSE:00906) Cyclically Adjusted Price-to-FCF : (As of May. 18, 2024)


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What is CPMC Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


CPMC Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CPMC 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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CPMC Holdings Cyclically Adjusted Price-to-FCF Chart

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

For the Packaging & Containers subindustry, CPMC 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.


CPMC Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, CPMC Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



CPMC 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.

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

For example, CPMC 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)
=0.302/114.7809*114.7809
=0.302

Current CPI (Dec23) = 114.7809.

CPMC Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.361 99.000 -0.419
201512 0.069 100.600 0.079
201612 -0.041 102.600 -0.046
201712 -0.153 104.500 -0.168
201812 -0.289 106.500 -0.311
201912 -0.086 111.200 -0.089
202012 0.513 111.500 0.528
202112 -0.014 113.108 -0.014
202212 -0.062 115.116 -0.062
202312 0.302 114.781 0.302

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.


CPMC Holdings  (HKSE:00906) 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.


CPMC Holdings Cyclically Adjusted Price-to-FCF Related Terms

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CPMC Holdings (HKSE:00906) Business Description

Traded in Other Exchanges
Address
No. 160, Weiken Street, Hangzhou Economic and Technical Development Zone, Zhejiang Province, Hangzhou, CHN, 310018
CPMC Holdings Ltd is an investment holding company engaged in the manufacturing and sales of packaging products used for consumer goods such as food, beverages, and household chemical products. The company operates in three segments; Tinplate packaging includes tinplate packaging products, which include, milk powder cans, aerosol cans, metal caps, steel barrels, and other metal packaging, Aluminum packaging includes aluminum packaging products of two-piece beverage cans and one-piece bottles, and Plastic packaging includes plastic packaging products used for milk bottles, shampoo bottles, plastic devices of electronic products, daily use hardware, package printing, sports drink bottles, and related plastic-made products.

CPMC Holdings (HKSE:00906) Headlines

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