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China XLX Fertiliser (HKSE:01866) Cyclically Adjusted Price-to-FCF : (As of May. 17, 2024)


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What is China XLX Fertiliser Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


China XLX Fertiliser Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China XLX Fertiliser'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 XLX Fertiliser Cyclically Adjusted Price-to-FCF Chart

China XLX Fertiliser Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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China XLX Fertiliser 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 China XLX Fertiliser's Cyclically Adjusted Price-to-FCF

For the Agricultural Inputs subindustry, China XLX Fertiliser'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 XLX Fertiliser's Cyclically Adjusted Price-to-FCF Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, China XLX Fertiliser's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



China XLX Fertiliser 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 XLX Fertiliser's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, China XLX Fertiliser'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)
=1.664/114.7809*114.7809
=1.664

Current CPI (Dec23) = 114.7809.

China XLX Fertiliser Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.748 99.000 -0.867
201512 -0.778 100.600 -0.888
201612 -0.488 102.600 -0.546
201712 -0.708 104.500 -0.778
201812 -0.397 106.500 -0.428
201912 -0.542 111.200 -0.559
202012 -2.252 111.500 -2.318
202112 -1.162 113.108 -1.179
202212 0.566 115.116 0.564
202312 1.664 114.781 1.664

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 XLX Fertiliser  (HKSE:01866) 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 XLX Fertiliser Cyclically Adjusted Price-to-FCF Related Terms

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China XLX Fertiliser (HKSE:01866) Business Description

Traded in Other Exchanges
N/A
Address
Xinxiang Economic Development Zone, Henan Province, Xinxiang, CHN, 453731
China XLX Fertiliser Ltd is an investment holding company engaged in the manufacturing and sale of fertilizers. It operates in the following segments: Urea, Compound fertilizer, DME (dimethyl ether), Methanol, Melamine, Urea Solution for vehicles, Furfuryl alcohol, Medical Intermediate, and others. Its geographical segments are China and Overseas, of which China accounts for the vast majority of its revenue.

China XLX Fertiliser (HKSE:01866) Headlines

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