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ZTO Express (Cayman) (MEX:ZTO N) Cyclically Adjusted Price-to-FCF : 11.52 (As of Jun. 05, 2025)


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What is ZTO Express (Cayman) Cyclically Adjusted Price-to-FCF?

As of today (2025-06-05), ZTO Express (Cayman)'s current share price is MXN337.50. ZTO Express (Cayman)'s Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was MXN29.29. ZTO Express (Cayman)'s Cyclically Adjusted Price-to-FCF for today is 11.52.

The historical rank and industry rank for ZTO Express (Cayman)'s Cyclically Adjusted Price-to-FCF or its related term are showing as below:

MEX:ZTO N' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.77   Med: 12.82   Max: 13.24
Current: 11.85

During the past years, ZTO Express (Cayman)'s highest Cyclically Adjusted Price-to-FCF was 13.24. The lowest was 11.77. And the median was 12.82.

MEX:ZTO N's Cyclically Adjusted Price-to-FCF is ranked better than
59.76% of 420 companies
in the Transportation industry
Industry Median: 15.835 vs MEX:ZTO N: 11.85

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.

ZTO Express (Cayman)'s adjusted free cash flow per share data for the three months ended in Mar. 2025 was MXN8.015. 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 MXN29.29 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


ZTO Express (Cayman) Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for ZTO Express (Cayman)'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.

ZTO Express (Cayman) Cyclically Adjusted Price-to-FCF Chart

ZTO Express (Cayman) Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
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ZTO Express (Cayman) Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - - 13.75

Competitive Comparison of ZTO Express (Cayman)'s Cyclically Adjusted Price-to-FCF

For the Integrated Freight & Logistics subindustry, ZTO Express (Cayman)'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.


ZTO Express (Cayman)'s Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, ZTO Express (Cayman)'s Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where ZTO Express (Cayman)'s Cyclically Adjusted Price-to-FCF falls into.


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ZTO Express (Cayman) 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.

ZTO Express (Cayman)'s Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=337.50/29.29
=11.52

* 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.

ZTO Express (Cayman)'s Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, ZTO Express (Cayman)'s adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=8.015/115.1156*115.1156
=8.015

Current CPI (Mar. 2025) = 115.1156.

ZTO Express (Cayman) Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.000 99.000 0.000
201509 1.324 100.500 1.517
201512 4.489 100.600 5.137
201603 0.890 102.200 1.002
201606 1.264 101.400 1.435
201609 3.970 102.400 4.463
201612 4.893 102.600 5.490
201703 1.255 103.200 1.400
201706 3.332 103.100 3.720
201709 3.950 104.100 4.368
201712 5.732 104.500 6.314
201803 0.866 105.300 0.947
201806 6.212 104.900 6.817
201809 3.157 106.600 3.409
201812 6.521 106.500 7.049
201903 2.328 107.700 2.488
201906 7.057 107.700 7.543
201909 5.029 109.800 5.272
201912 7.769 111.200 8.043
202003 0.759 112.300 0.778
202006 5.207 110.400 5.429
202009 6.118 111.700 6.305
202012 7.448 111.500 7.690
202103 1.807 112.662 1.846
202106 7.239 111.769 7.456
202109 6.972 112.215 7.152
202112 12.048 113.108 12.262
202203 4.290 114.335 4.319
202206 14.030 114.558 14.098
202209 9.854 115.339 9.835
202212 12.528 115.116 12.528
202303 8.521 115.116 8.521
202306 10.718 114.558 10.770
202309 8.366 115.339 8.350
202312 11.139 114.781 11.171
202403 5.598 115.227 5.593
202406 0.000 114.781 0.000
202409 10.332 115.785 10.272
202412 37.602 114.893 37.675
202503 8.015 115.116 8.015

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.


ZTO Express (Cayman)  (MEX:ZTO N) 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.


ZTO Express (Cayman) Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of ZTO Express (Cayman)'s Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


ZTO Express (Cayman) Business Description

Address
No. 1685 Huazhi Road, Building One, Qingpu District, Shanghai, CHN, 201708
ZTO Express is China's largest express delivery company by parcel volume, with a volume share of 22.1% in 2022. It operates a network partner model where it provides line-haul transportation and sorting services, while its local network partners provide first-mile pickup and last-mile delivery services under the ZTO brand name. Headquartered in Shanghai, the company was founded in 2002 by Meisong Lai, who remains chair, CEO, and its major shareholder with 77% voting rights as of June 30, 2023. ZTO's strategic shareholder is leading China e-commerce company Alibaba Group with around an 11.7% interest.

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