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Zhuguang Holdings Group Co (HKSE:01176) Cyclically Adjusted Price-to-FCF : (As of May. 15, 2024)


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What is Zhuguang Holdings Group Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhuguang Holdings Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zhuguang Holdings Group 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.

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Zhuguang Holdings Group Co Cyclically Adjusted Price-to-FCF Chart

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

For the Real Estate Services subindustry, Zhuguang Holdings Group 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.


Zhuguang Holdings Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

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

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



Zhuguang Holdings Group 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.

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

For example, Zhuguang Holdings Group Co'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)
=0.258/117.2957*117.2957
=0.258

Current CPI (Dec23) = 117.2957.

Zhuguang Holdings Group Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.272 99.707 -0.320
201512 -0.117 102.015 -0.135
201612 -0.058 103.225 -0.066
201712 -0.115 104.984 -0.128
201812 -0.247 107.622 -0.269
201912 -0.190 110.700 -0.201
202012 -0.191 109.711 -0.204
202112 0.185 112.349 0.193
202212 0.319 114.548 0.327
202312 0.258 117.296 0.258

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.


Zhuguang Holdings Group Co  (HKSE:01176) 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.


Zhuguang Holdings Group Co Cyclically Adjusted Price-to-FCF Related Terms

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Zhuguang Holdings Group Co (HKSE:01176) Business Description

Traded in Other Exchanges
N/A
Address
8 Finance Street, Room 5702-5703, 57th Floor, Two International Finance Centre, Central, Hong Kong, HKG
Zhuguang Holdings Group Co Ltd engages in property development, property investment, project management, and other property development related services in the People's Republic of China. The company's core investment projects take place in tier-one and tier-two cities in China. The group's key projects include Zhuguang Yujing Scenic Garden, Pearl Yijing, Pearl Tianhu Yujing Garden, Zhuguang Financial Town One, Pearl Xincheng Yujing, and many others. The sale of properties from the Property Development Segment are responsible for most of the company's revenue. The company earns its revenue in both Hong Kong and Mainland China.

Zhuguang Holdings Group Co (HKSE:01176) Headlines

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