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China Glass Holdings (HKSE:03300) Cyclically Adjusted Price-to-FCF : (As of May. 31, 2024)


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What is China Glass Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


China Glass Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Glass 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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China Glass Holdings Cyclically Adjusted Price-to-FCF Chart

China Glass Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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China Glass Holdings Semi-Annual Data
Jun14 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 China Glass Holdings's Cyclically Adjusted Price-to-FCF

For the Building Materials subindustry, China Glass 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.


China Glass Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Building Materials Industry

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

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



China Glass 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.

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

For example, China Glass 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)
=-0.121/117.2957*117.2957
=-0.121

Current CPI (Dec23) = 117.2957.

China Glass Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.047 99.707 0.055
201512 -0.050 102.015 -0.057
201612 -0.108 103.225 -0.123
201712 -0.440 104.984 -0.492
201812 0.009 107.622 0.010
201912 -0.375 110.700 -0.397
202012 0.092 109.711 0.098
202112 -0.029 112.349 -0.030
202212 -0.765 114.548 -0.783
202312 -0.121 117.296 -0.121

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 Glass Holdings  (HKSE:03300) 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 Glass Holdings Cyclically Adjusted Price-to-FCF Related Terms

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China Glass Holdings (HKSE:03300) Business Description

Traded in Other Exchanges
N/A
Address
168-200 Connaught Road, Unit 2608, 26th Floor, West Tower, Shun Tak Centre, Central, Hong Kong, HKG
China Glass Holdings Ltd is engaged in the production, marketing, and distribution of float glass, reflective glass, and other glass products. It has five business segments, Clear glass products; Painted glass products; Coated glass products; Energy saving and new energy glass products, such as ultra clear glass, low emission coated glass and photovoltaic battery module products; and Designing and installation services of pharmaceutical glass production lines. Geographically, the company has operations in Mainland China, Hong Kong, the Middle East, Nigeria, Italy, Kazakhstan and other countries. It generates a majority of its revenues from the Clear glass products segment.
Executives
Tung Ching Sai 2202 Interest of your spouse
Sze Tan Hung 2101 Beneficial owner
Cao Zhijiang 2201 Interest of corporation controlled by you
Easylead Management Limited 2201 Interest of corporation controlled by you
Liu Jinduo 2201 Interest of corporation controlled by you
Zhang Zuxiang 2201 Interest of corporation controlled by you
First Fortune Enterprises Limited 2101 Beneficial owner
Right Lane Limited 2201 Interest of corporation controlled by you
Lian Xiang Hong Yi Guo Ji You Xian Gong Si 2201 Interest of corporation controlled by you
Lian Xiang Kong Gu Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Beng Bu Hua Jin Kong Gu Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Zhao John Huan 2201 Interest of corporation controlled by you
United Strength Upward Limited 2201 Interest of corporation controlled by you
New Glory Management Limited 2201 Interest of corporation controlled by you
New Glory Fund L.p. 2101 Beneficial owner

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