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China Ecotourism Group (HKSE:01371) Cyclically Adjusted Price-to-FCF : (As of Jun. 18, 2024)


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What is China Ecotourism Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


China Ecotourism Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Ecotourism 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.

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China Ecotourism Group Cyclically Adjusted Price-to-FCF Chart

China Ecotourism Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 12.76 11.68 -

China Ecotourism Group Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 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 11.68 - - - -

Competitive Comparison of China Ecotourism Group's Cyclically Adjusted Price-to-FCF

For the Gambling subindustry, China Ecotourism 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.


China Ecotourism Group's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, China Ecotourism Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China Ecotourism Group's Cyclically Adjusted Price-to-FCF falls into.



China Ecotourism 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.

China Ecotourism Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec21 is calculated as:

For example, China Ecotourism Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec21 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec21 (Change)*Current CPI (Dec21)
=-0.468/112.3488*112.3488
=-0.468

Current CPI (Dec21) = 112.3488.

China Ecotourism Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201212 1.799 91.132 2.218
201312 1.124 95.090 1.328
201412 -16.677 99.707 -18.791
201512 3.779 102.015 4.162
201612 4.369 103.225 4.755
201712 4.799 104.984 5.136
201812 -0.843 107.622 -0.880
201912 -0.829 110.700 -0.841
202012 -0.442 109.711 -0.453
202112 -0.468 112.349 -0.468

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 Ecotourism Group  (HKSE:01371) 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 Ecotourism Group Cyclically Adjusted Price-to-FCF Related Terms

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China Ecotourism Group (HKSE:01371) Business Description

Traded in Other Exchanges
Address
39 Yip Kan Street, Unit 1801, 18th Floor, Landmark South, Wong Chuk Hang, Hong Kong, HKG
China Ecotourism Group Ltd is an investment holding company. Along with its subsidiaries, the firm is engaged in the business of the provision of technology and services for lottery systems, terminal equipment, and gaming products and their operations in China's lottery market. It offers various lottery products ranging from video lottery, computer ticket games, and KENO-type lottery. The segments of the group are Lottery systems, terminal equipment, and related products, which is the key revenue-generating segment; and Natural and health food. It has a business presence in the PRC, Hong Kong, and Others of which a majority of revenue is derived from the PRC.
Executives
China Carbon Neutral Development Group Limited 2101 Beneficial owner
Lau Ting
Cao Junsheng 2201 Interest of corporation controlled by you
Mao Yuan Capital Limited 2101 Beneficial owner
Chan Shing 2202 Interest of your spouse
Favor King Limited

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