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Huajin International Holdings (HKSE:02738) Cyclically Adjusted Price-to-FCF : (As of Jun. 05, 2024)


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What is Huajin International Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Huajin International Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Huajin International 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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Huajin International Holdings Cyclically Adjusted Price-to-FCF Chart

Huajin International Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Huajin International Holdings Semi-Annual Data
Dec13 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 Huajin International Holdings's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Huajin International 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.


Huajin International Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Huajin International Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Huajin International Holdings's Cyclically Adjusted Price-to-FCF falls into.



Huajin International 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.

Huajin International Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Huajin International 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)
=-1.679/114.7809*114.7809
=-1.679

Current CPI (Dec23) = 114.7809.

Huajin International Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.701 99.000 0.813
201512 0.890 100.600 1.015
201612 -0.707 102.600 -0.791
201712 -0.466 104.500 -0.512
201812 0.474 106.500 0.511
201912 0.164 111.200 0.169
202012 -0.254 111.500 -0.261
202112 -0.333 113.108 -0.338
202212 -0.870 115.116 -0.867
202312 -1.679 114.781 -1.679

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.


Huajin International Holdings  (HKSE:02738) 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.


Huajin International Holdings Cyclically Adjusted Price-to-FCF Related Terms

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Huajin International Holdings (HKSE:02738) Business Description

Traded in Other Exchanges
N/A
Address
Xinsha Industrial Zone of Muzhou Town, Xinhui District, Guangdong Province, Jiangmen, CHN
Huajin International Holdings Ltd is an investment holding company engaged in the cold-rolled steel processing business. It is involved in the processing of hot-rolled steel coils into cold-rolled steel strips, sheets and welded steel tubes, and galvanized steel products. It provides processing, cutting, slitting, warehousing, and delivery services on customized cold-rolled steel products and galvanized steel products. It offers Cold-rolled steel products, Galvanized steel products, Hot-rolled steel products, and others. Its revenue is derived from customers located in the PRC and Southeast Asia, of which the main revenue is generated in the PRC.
Executives
Xu Songqing 2201 Interest of corporation controlled by you
Haiyi Limited 2101 Beneficial owner
Zhong Cheng International Limited 2101 Beneficial owner
Intrend Ventures Limited 2201 Interest of corporation controlled by you
Luo Canwen 2101 Beneficial owner

Huajin International Holdings (HKSE:02738) Headlines

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