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China CITIC Financial Asset Management Co (HKSE:02799) Cyclically Adjusted Price-to-FCF : 2.59 (As of Jun. 06, 2025)


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What is China CITIC Financial Asset Management Co Cyclically Adjusted Price-to-FCF?

As of today (2025-06-06), China CITIC Financial Asset Management Co's current share price is HK$1.01. China CITIC Financial Asset Management Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec24 was HK$0.39. China CITIC Financial Asset Management Co's Cyclically Adjusted Price-to-FCF for today is 2.59.

The historical rank and industry rank for China CITIC Financial Asset Management Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

HKSE:02799' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.44   Med: 1.9   Max: 2.21
Current: 2.18

During the past 11 years, China CITIC Financial Asset Management Co's highest Cyclically Adjusted Price-to-FCF was 2.21. The lowest was 1.44. And the median was 1.90.

HKSE:02799's Cyclically Adjusted Price-to-FCF is ranked better than
94.38% of 498 companies
in the Asset Management industry
Industry Median: 19.195 vs HKSE:02799: 2.18

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 CITIC Financial Asset Management Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec24 was HK$1.274. 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$0.39 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


China CITIC Financial Asset Management Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China CITIC Financial Asset Management 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.

China CITIC Financial Asset Management Co Cyclically Adjusted Price-to-FCF Chart

China CITIC Financial Asset Management Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.62

China CITIC Financial Asset Management Co Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 - - - - 1.62

Competitive Comparison of China CITIC Financial Asset Management Co's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, China CITIC Financial Asset Management 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.


China CITIC Financial Asset Management Co's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, China CITIC Financial Asset Management Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China CITIC Financial Asset Management Co's Cyclically Adjusted Price-to-FCF falls into.


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China CITIC Financial Asset Management 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.

China CITIC Financial Asset Management Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.01/0.39
=2.59

* 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 CITIC Financial Asset Management Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec24 is calculated as:

For example, China CITIC Financial Asset Management Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=1.274/114.8925*114.8925
=1.274

Current CPI (Dec24) = 114.8925.

China CITIC Financial Asset Management Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201512 -1.529 100.600 -1.746
201612 -1.906 102.600 -2.134
201712 0.742 104.500 0.816
201812 -0.956 106.500 -1.031
201912 2.289 111.200 2.365
202012 1.582 111.500 1.630
202112 2.943 113.108 2.989
202212 -0.475 115.116 -0.474
202312 0.257 114.781 0.257
202412 1.274 114.893 1.274

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 CITIC Financial Asset Management Co  (HKSE:02799) 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 CITIC Financial Asset Management Co Cyclically Adjusted Price-to-FCF Related Terms

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


China CITIC Financial Asset Management Co Business Description

Traded in Other Exchanges
Address
No. 8, Financial Street, Xicheng District, Beijing, CHN, 100033
China CITIC Financial Asset Management Co Ltd engages in distressed asset management, financial services, and asset management and investment businesses in PRC. Its business covers four functions of disposal of troubled assets, revitalization of problematic projects, restructuring of struggling enterprises and relief of institutions in crisis. The Group's business segments are comprised of the distressed asset management segment; and; the asset management and investment segment.
Executives
China Life Franklin Asset Management Co., Limited 2102 Investment manager
China Life Insurance (group) Company 2101 Beneficial owner
China Cinda Asset Management Co., Ltd. 2101 Beneficial owner
Gong Yin Jin Rong Zi Chan Tou Zi You Xian Gong Si 2101 Beneficial owner
Zhong Guo Gong Shang Yin Hang Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Quan Guo She Hui Bao Zhang Ji Jin Li Shi Hui 2101 Beneficial owner
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you
Warburg Pincus Xi, L.p. 2201 Interest of corporation controlled by you
Wp Xi International Ii Ltd 2201 Interest of corporation controlled by you
Wp Global Llc 2201 Interest of corporation controlled by you
Warburg Pincus Private Equity Xi, L.p. 2201 Interest of corporation controlled by you
Warburg Pincus & Co. 2201 Interest of corporation controlled by you
Sino-ocean Group Holding Limited 2201 Interest of corporation controlled by you
Wisdom City Enterprises Limited 2201 Interest of corporation controlled by you
Sol Investment Fund Lp 2201 Interest of corporation controlled by you

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