GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Shandong Hi Speed New Energy Group Ltd (HKSE:01250) » Definitions » Cyclically Adjusted Price-to-FCF

Shandong Hi Speed New Energy Group (HKSE:01250) Cyclically Adjusted Price-to-FCF : (As of Jun. 18, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Shandong Hi Speed New Energy Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shandong Hi Speed New Energy Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shandong Hi Speed New Energy Group'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.

Shandong Hi Speed New Energy Group Cyclically Adjusted Price-to-FCF Chart

Shandong Hi Speed New Energy Group 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 - - - - -

Shandong Hi Speed New Energy Group 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 - - - - -

Competitive Comparison of Shandong Hi Speed New Energy Group's Cyclically Adjusted Price-to-FCF

For the Utilities - Renewable subindustry, Shandong Hi Speed New Energy Group'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.


Shandong Hi Speed New Energy Group's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Shandong Hi Speed New Energy Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shandong Hi Speed New Energy Group's Cyclically Adjusted Price-to-FCF falls into.



Shandong Hi Speed New Energy Group 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.

Shandong Hi Speed New Energy Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Shandong Hi Speed New Energy Group'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)
=0.159/117.2957*117.2957
=0.159

Current CPI (Dec23) = 117.2957.

Shandong Hi Speed New Energy Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.913 99.707 1.074
201512 -1.407 102.015 -1.618
201612 -2.153 103.225 -2.446
201712 -2.795 104.984 -3.123
201812 -1.792 107.622 -1.953
201912 -1.507 110.700 -1.597
202012 -0.595 109.711 -0.636
202112 0.683 112.349 0.713
202212 1.436 114.548 1.470
202312 0.159 117.296 0.159

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.


Shandong Hi Speed New Energy Group  (HKSE:01250) 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.


Shandong Hi Speed New Energy Group Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Shandong Hi Speed New Energy Group's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Shandong Hi Speed New Energy Group (HKSE:01250) Business Description

Traded in Other Exchanges
N/A
Address
99 Queen's Road, Unit 6707, 67th Floor, The Centre, Central, Hong Kong, HKG
Shandong Hi Speed New Energy Group Ltd is engaged in the investment, development, construction, operation, and management of clean energy businesses which include Photovoltaic Power, Wind Power, and Clean Heat Supply Business.
Executives
Shandong Hi-speed Holdings Group Limited 2101 Beneficial owner
Citigroup Inc. 2305 Beneficiary of a trust
Shan Dong Gao Su Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Profit Plan Global Investment Limited 2101 Beneficial owner
Beijing Enterprises Group Company Limited 2201 Interest of corporation controlled by you
Beijing Enterprises Holdings Limited 2201 Interest of corporation controlled by you
Beijing Enterprises Water Group Limited 2201 Interest of corporation controlled by you
Citic Securities Company Limited 2201 Interest of corporation controlled by you
Citron Pe Associates Ii, L.p. 2201 Interest of corporation controlled by you
Citron Pe Holdings Limited 2201 Interest of corporation controlled by you
Cpechina Fund Ii, L.p. 2201 Interest of corporation controlled by you
Cpechina Fund Iia, L.p. 2201 Interest of corporation controlled by you
Zhong Xin Chan Ye Tou Zi Ji Jin Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Bei Jing Xin Yu Tou Zi Zhong Xin You Xian He Huo 2201 Interest of corporation controlled by you
Bei Jing You De Tou Zi Guan Li Zhong Xin You Xian He Huo 2201 Interest of corporation controlled by you

Shandong Hi Speed New Energy Group (HKSE:01250) Headlines

No Headlines