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Wuxi AppTec Co (HKSE:02359) Cyclically Adjusted Price-to-FCF : 117.26 (As of May. 27, 2024)


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What is Wuxi AppTec Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-27), Wuxi AppTec Co's current share price is HK$36.35. Wuxi AppTec Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was HK$0.31. Wuxi AppTec Co's Cyclically Adjusted Price-to-FCF for today is 117.26.

The historical rank and industry rank for Wuxi AppTec Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

HKSE:02359' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 150.95   Med: 190.54   Max: 267.46
Current: 150.95

During the past 10 years, Wuxi AppTec Co's highest Cyclically Adjusted Price-to-FCF was 267.46. The lowest was 150.95. And the median was 190.54.

HKSE:02359's Cyclically Adjusted Price-to-FCF is ranked worse than
92.06% of 63 companies
in the Medical Diagnostics & Research industry
Industry Median: 35.56 vs HKSE:02359: 150.95

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Wuxi AppTec Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was HK$2.903. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is HK$0.31 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wuxi AppTec Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Wuxi AppTec Co'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.

Wuxi AppTec Co Cyclically Adjusted Price-to-FCF Chart

Wuxi AppTec Co 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 - - - - 256.92

Wuxi AppTec Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 256.92 -

Competitive Comparison of Wuxi AppTec Co's Cyclically Adjusted Price-to-FCF

For the Diagnostics & Research subindustry, Wuxi AppTec Co'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.


Wuxi AppTec Co's Cyclically Adjusted Price-to-FCF Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Wuxi AppTec Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Wuxi AppTec Co's Cyclically Adjusted Price-to-FCF falls into.



Wuxi AppTec Co 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.

Wuxi AppTec Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=36.35/0.31
=117.26

* 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.

Wuxi AppTec Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Wuxi AppTec Co'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)
=2.903/114.7809*114.7809
=2.903

Current CPI (Dec23) = 114.7809.

Wuxi AppTec Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.038 99.000 0.044
201512 -0.109 100.600 -0.124
201612 0.422 102.600 0.472
201712 0.230 104.500 0.253
201812 -0.288 106.500 -0.310
201912 0.154 111.200 0.159
202012 0.396 111.500 0.408
202112 -0.975 113.108 -0.989
202212 0.232 115.116 0.231
202312 2.903 114.781 2.903

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.


Wuxi AppTec Co  (HKSE:02359) 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.


Wuxi AppTec Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Wuxi AppTec Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Wuxi AppTec Co (HKSE:02359) Business Description

Traded in Other Exchanges
Address
288 Fute Zhong Road, Waigaoqiao Free Trade Zone, Shanghai, CHN, 200131
Wuxi AppTec Co Ltd provides a portfolio of research and manufacturing services through the discovery, development, and manufacturing spectrum for small-molecule drugs, cell therapies, and gene therapies as well as providing testing services for medical devices. Its segments comprise China-based laboratory services; U.S.-based laboratory services; Clinical research and other CRO services; CDMO services; and Others. The majority of revenue gets derived from China-based laboratory services that include small molecules discovery, such as synthetic chemistry, medicinal chemistry, analytical chemistry, biology, drug metabolism and pharmacokinetics (DMPK)/absorption, distribution, metabolism, and excretion (ADME), toxicology and bioanalytical services.
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