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CPM Group (HKSE:01932) Cyclically Adjusted Price-to-FCF : (As of Jun. 23, 2024)


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What is CPM Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


CPM Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CPM 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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CPM Group Cyclically Adjusted Price-to-FCF Chart

CPM Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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CPM Group Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of CPM Group's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, CPM 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.


CPM Group's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, CPM Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



CPM 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.

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

For example, CPM 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)
=0.08/117.2957*117.2957
=0.080

Current CPI (Dec23) = 117.2957.

CPM Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.003 99.707 -0.004
201512 -0.002 102.015 -0.002
201612 -0.011 103.225 -0.012
201712 -0.207 104.984 -0.231
201812 -0.100 107.622 -0.109
201912 0.073 110.700 0.077
202012 0.002 109.711 0.002
202112 0.003 112.349 0.003
202212 -0.059 114.548 -0.060
202312 0.080 117.296 0.080

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.


CPM Group  (HKSE:01932) 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.


CPM Group Cyclically Adjusted Price-to-FCF Related Terms

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CPM Group (HKSE:01932) Business Description

Industry
Traded in Other Exchanges
N/A
Address
338 Hennessy Road, 31st Floor, CNT Tower, Wanchai, Hong Kong, HKG
CPM Group Ltd is an investment holding company mainly engaged in the manufacture and sale of paint and coating products. The company has two reportable operating segments: the Paint Products segment which engages in the manufacture and sale of paint and coating products; and the Property Investment segment invests in industrial properties for their rental income potential. The company's principal products include industrial paint and coating products, architectural paint and coating products, general paint and coating, and ancillary products. It mainly distributes its products in the Mainland of China and Hong Kong markets. The group derives the majority of its revenue from Mainland China.

CPM Group (HKSE:01932) Headlines

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