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Denox Environmental & Technology Holdings (HKSE:01452) Cyclically Adjusted Price-to-FCF : (As of Jun. 02, 2024)


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What is Denox Environmental & Technology Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Denox Environmental & Technology Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Denox Environmental & Technology 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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Denox Environmental & Technology Holdings Cyclically Adjusted Price-to-FCF Chart

Denox Environmental & Technology Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Denox Environmental & Technology Holdings Semi-Annual Data
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 Denox Environmental & Technology Holdings's Cyclically Adjusted Price-to-FCF

For the Pollution & Treatment Controls subindustry, Denox Environmental & Technology 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.


Denox Environmental & Technology Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Denox Environmental & Technology Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Denox Environmental & Technology Holdings's Cyclically Adjusted Price-to-FCF falls into.



Denox Environmental & Technology 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.

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

For example, Denox Environmental & Technology 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)
=-0.009/114.7809*114.7809
=-0.009

Current CPI (Dec23) = 114.7809.

Denox Environmental & Technology Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.096 99.000 0.111
201512 -0.144 100.600 -0.164
201612 -0.160 102.600 -0.179
201712 -0.088 104.500 -0.097
201812 -0.091 106.500 -0.098
201912 -0.049 111.200 -0.051
202012 -0.067 111.500 -0.069
202112 -0.079 113.108 -0.080
202212 -0.018 115.116 -0.018
202312 -0.009 114.781 -0.009

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.


Denox Environmental & Technology Holdings  (HKSE:01452) 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.


Denox Environmental & Technology Holdings Cyclically Adjusted Price-to-FCF Related Terms

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Denox Environmental & Technology Holdings (HKSE:01452) Business Description

Traded in Other Exchanges
N/A
Address
No. 128 Western South Fourth Ring Road, Room 1506-1, Block 2, 12th Floor, Fengtai District, Beijing, CHN, 100070
Denox Environmental & Technology Holdings Ltd is a China-based firm. The company is mainly engaged in the development and production of products related to air pollution control. Its main product is plate-type DeNOx catalysts, honey-comb DeNOx catalysts and DeNOx catalysts for diesel-powered vehicles. The company derives majority of the revenue from PRC.
Executives
Zhao Shu 2201 Interest of corporation controlled by you
Eec Technology Limited
Li Xingwu

Denox Environmental & Technology Holdings (HKSE:01452) Headlines

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