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COSCO SHIPPING Energy Transportation Co (HKSE:01138) Cyclically Adjusted Price-to-FCF : 29.71 (As of May. 01, 2024)


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What is COSCO SHIPPING Energy Transportation Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-01), COSCO SHIPPING Energy Transportation Co's current share price is HK$9.21. COSCO SHIPPING Energy Transportation Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was HK$0.31. COSCO SHIPPING Energy Transportation Co's Cyclically Adjusted Price-to-FCF for today is 29.71.

The historical rank and industry rank for COSCO SHIPPING Energy Transportation Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

HKSE:01138' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 19.6   Med: 30.32   Max: 74
Current: 29.41

During the past years, COSCO SHIPPING Energy Transportation Co's highest Cyclically Adjusted Price-to-FCF was 74.00. The lowest was 19.60. And the median was 30.32.

HKSE:01138's Cyclically Adjusted Price-to-FCF is ranked worse than
64.76% of 420 companies
in the Transportation industry
Industry Median: 18.235 vs HKSE:01138: 29.41

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.

COSCO SHIPPING Energy Transportation Co's adjusted free cash flow per share data for the three months ended in Dec. 2023 was HK$-0.837. 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$0.31 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


COSCO SHIPPING Energy Transportation Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for COSCO SHIPPING Energy Transportation Co'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.

COSCO SHIPPING Energy Transportation Co Cyclically Adjusted Price-to-FCF Chart

COSCO SHIPPING Energy Transportation Co 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 - - - 31.03 23.54

COSCO SHIPPING Energy Transportation Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 34.39 26.71 24.64 23.54 -

Competitive Comparison of COSCO SHIPPING Energy Transportation Co's Cyclically Adjusted Price-to-FCF

For the Marine Shipping subindustry, COSCO SHIPPING Energy Transportation Co'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.


COSCO SHIPPING Energy Transportation Co's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, COSCO SHIPPING Energy Transportation Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where COSCO SHIPPING Energy Transportation Co's Cyclically Adjusted Price-to-FCF falls into.



COSCO SHIPPING Energy Transportation Co 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.

COSCO SHIPPING Energy Transportation Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9.21/0.31
=29.71

* 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.

COSCO SHIPPING Energy Transportation Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, COSCO SHIPPING Energy Transportation Co's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.837/114.6694*114.6694
=-0.837

Current CPI (Dec. 2023) = 114.6694.

COSCO SHIPPING Energy Transportation Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.404 98.600 -0.470
201406 -0.577 98.200 -0.674
201409 0.055 98.900 0.064
201412 -0.279 99.000 -0.323
201503 -0.038 99.900 -0.044
201506 0.216 99.500 0.249
201509 0.282 100.500 0.322
201512 0.665 100.600 0.758
201603 0.317 102.200 0.356
201606 0.117 101.400 0.132
201609 3.451 102.400 3.864
201612 -1.481 102.600 -1.655
201703 0.057 103.200 0.063
201706 -0.450 103.100 -0.500
201709 -0.337 104.100 -0.371
201712 -0.027 104.500 -0.030
201803 -0.123 105.300 -0.134
201806 -0.378 104.900 -0.413
201809 -0.074 106.600 -0.080
201812 0.198 106.500 0.213
201903 0.419 107.700 0.446
201906 0.265 107.700 0.282
201909 0.051 109.800 0.053
201912 0.414 111.200 0.427
202003 -0.124 112.300 -0.127
202006 0.541 110.400 0.562
202009 -0.035 111.700 -0.036
202012 -0.042 111.500 -0.043
202103 -0.304 112.662 -0.309
202106 0.203 111.769 0.208
202109 0.137 112.215 0.140
202112 0.088 113.108 0.089
202203 -0.362 114.335 -0.363
202206 0.148 114.558 0.148
202209 0.107 115.339 0.106
202212 0.020 115.116 0.020
202303 0.100 115.116 0.100
202306 0.605 114.558 0.606
202309 0.333 115.339 0.331
202312 -0.837 114.669 -0.837

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.


COSCO SHIPPING Energy Transportation Co  (HKSE:01138) 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.


COSCO SHIPPING Energy Transportation Co Cyclically Adjusted Price-to-FCF Related Terms

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COSCO SHIPPING Energy Transportation Co (HKSE:01138) Business Description

Traded in Other Exchanges
Address
No.670 Dongdaming Road, 7th Floor, Hongkou District, Shanghai, CHN, 200080
COSCO SHIPPING Energy Transportation Co Ltd engages in the shipping business. The firm's business covers oil shipping, which includes vessel chartering. The company operates through the following segments: Oil shipment, LNG and Others. The majority of the firm's revenue gets dominated by the Oil shipment segment.

COSCO SHIPPING Energy Transportation Co (HKSE:01138) Headlines

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