GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Xinhua Education Group Ltd (HKSE:02779) » Definitions » Cyclically Adjusted Price-to-FCF

China Xinhua Education Group (HKSE:02779) Cyclically Adjusted Price-to-FCF : 4.39 (As of May. 21, 2024)


View and export this data going back to 2018. Start your Free Trial

What is China Xinhua Education Group Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), China Xinhua Education Group's current share price is HK$0.79. China Xinhua Education Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was HK$0.18. China Xinhua Education Group's Cyclically Adjusted Price-to-FCF for today is 4.39.

The historical rank and industry rank for China Xinhua Education Group's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

HKSE:02779' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.72   Med: 3.64   Max: 4.44
Current: 4.35

During the past 10 years, China Xinhua Education Group's highest Cyclically Adjusted Price-to-FCF was 4.44. The lowest was 2.72. And the median was 3.64.

HKSE:02779's Cyclically Adjusted Price-to-FCF is ranked better than
86.76% of 68 companies
in the Education industry
Industry Median: 13.29 vs HKSE:02779: 4.35

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.

China Xinhua Education Group's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was HK$0.248. 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$0.18 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Xinhua Education Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Xinhua Education 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.

* Premium members only.

China Xinhua Education Group Cyclically Adjusted Price-to-FCF Chart

China Xinhua Education Group 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 - - - - 2.94

China Xinhua Education Group Semi-Annual Data
Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - - 2.94

Competitive Comparison of China Xinhua Education Group's Cyclically Adjusted Price-to-FCF

For the Education & Training Services subindustry, China Xinhua Education 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.


China Xinhua Education Group's Cyclically Adjusted Price-to-FCF Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China Xinhua Education Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



China Xinhua Education 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.

China Xinhua Education Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.79/0.18
=4.39

* 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.

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

For example, China Xinhua Education 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)
=0.248/114.7809*114.7809
=0.248

Current CPI (Dec23) = 114.7809.

China Xinhua Education Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.104 99.000 0.121
201512 0.104 100.600 0.119
201612 0.100 102.600 0.112
201712 0.144 104.500 0.158
201812 0.187 106.500 0.202
201912 0.063 111.200 0.065
202012 0.224 111.500 0.231
202112 0.315 113.108 0.320
202212 0.266 115.116 0.265
202312 0.248 114.781 0.248

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 Xinhua Education Group  (HKSE:02779) 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 Xinhua Education Group Cyclically Adjusted Price-to-FCF Related Terms

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


China Xinhua Education Group (HKSE:02779) Business Description

Traded in Other Exchanges
N/A
Address
No. 555 West Wangjiangxi Road, High-Tech Development Zone, Anhui Province, Hefei, CHN, 230088
China Xinhua Education Group Ltd is principally engaged in the provision of education services in China. It mainly provides private formal higher education and formal secondary vocational education in the Yangtze River Delta. It currently operates four private schools, namely Anhui Xinhua University, School of Clinical Medicine jointly operated by the Group and Anhui Medical University, Hongshan College, a college jointly operated by the Group and Nanjing University of Finance & Economics Hongshan College, and Anhui Xinhua School. The company generates revenues from tuition fees, and boarding fees out of which tuition fees contribute the majority part.

China Xinhua Education Group (HKSE:02779) Headlines

No Headlines