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Sichuan Mingxing Electric Power Co (SHSE:600101) Cyclically Adjusted Price-to-FCF : 106.50 (As of Jun. 11, 2024)


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What is Sichuan Mingxing Electric Power Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-11), Sichuan Mingxing Electric Power Co's current share price is ¥14.91. Sichuan Mingxing Electric Power Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.14. Sichuan Mingxing Electric Power Co's Cyclically Adjusted Price-to-FCF for today is 106.50.

The historical rank and industry rank for Sichuan Mingxing Electric Power Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:600101' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 26.2   Med: 52.16   Max: 234.5
Current: 107.01

During the past years, Sichuan Mingxing Electric Power Co's highest Cyclically Adjusted Price-to-FCF was 234.50. The lowest was 26.20. And the median was 52.16.

SHSE:600101's Cyclically Adjusted Price-to-FCF is ranked worse than
90.38% of 239 companies
in the Utilities - Regulated industry
Industry Median: 16.4 vs SHSE:600101: 107.01

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.

Sichuan Mingxing Electric Power Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.254. 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 ¥0.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sichuan Mingxing Electric Power Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sichuan Mingxing Electric Power 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.

Sichuan Mingxing Electric Power Co Cyclically Adjusted Price-to-FCF Chart

Sichuan Mingxing Electric Power Co 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 47.91 39.65 60.53 82.66 72.20

Sichuan Mingxing Electric Power Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 66.44 70.62 64.76 72.20 52.45

Competitive Comparison of Sichuan Mingxing Electric Power Co's Cyclically Adjusted Price-to-FCF

For the Utilities - Diversified subindustry, Sichuan Mingxing Electric Power 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.


Sichuan Mingxing Electric Power Co's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Sichuan Mingxing Electric Power Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Sichuan Mingxing Electric Power Co's Cyclically Adjusted Price-to-FCF falls into.



Sichuan Mingxing Electric Power 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.

Sichuan Mingxing Electric Power Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=14.91/0.14
=106.50

* 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.

Sichuan Mingxing Electric Power Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Sichuan Mingxing Electric Power Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.254/115.2271*115.2271
=0.254

Current CPI (Mar. 2024) = 115.2271.

Sichuan Mingxing Electric Power Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.037 98.200 -0.043
201409 0.114 98.900 0.133
201412 -0.164 99.000 -0.191
201503 -0.033 99.900 -0.038
201506 0.037 99.500 0.043
201509 0.032 100.500 0.037
201512 -0.107 100.600 -0.123
201603 0.033 102.200 0.037
201606 0.064 101.400 0.073
201609 0.107 102.400 0.120
201612 -0.134 102.600 -0.150
201703 0.062 103.200 0.069
201706 0.067 103.100 0.075
201709 0.339 104.100 0.375
201712 0.071 104.500 0.078
201803 0.163 105.300 0.178
201806 0.083 104.900 0.091
201809 0.131 106.600 0.142
201812 -0.410 106.500 -0.444
201903 0.503 107.700 0.538
201906 -0.002 107.700 -0.002
201909 0.128 109.800 0.134
201912 -0.135 111.200 -0.140
202003 -0.001 112.300 -0.001
202006 0.074 110.400 0.077
202009 0.165 111.700 0.170
202012 -0.077 111.500 -0.080
202103 -0.043 112.662 -0.044
202106 0.060 111.769 0.062
202109 0.228 112.215 0.234
202112 -0.244 113.108 -0.249
202203 0.172 114.335 0.173
202206 -0.004 114.558 -0.004
202209 0.114 115.339 0.114
202212 -0.297 115.116 -0.297
202303 0.206 115.116 0.206
202306 0.042 114.558 0.042
202309 0.148 115.339 0.148
202312 -0.385 114.781 -0.386
202403 0.254 115.227 0.254

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.


Sichuan Mingxing Electric Power Co  (SHSE:600101) 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.


Sichuan Mingxing Electric Power Co Cyclically Adjusted Price-to-FCF Related Terms

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Sichuan Mingxing Electric Power Co (SHSE:600101) Business Description

Traded in Other Exchanges
N/A
Address
No. 88 Mingyue Road, Mingxing Hotel, 11F, Suining, Sichuan, CHN, 629000
Sichuan Mingxing Electric Power Company Limited is mainly engaged in the production of electricity, water, and natural gas in China. It is also involved in the development of mineral resources, real estate, and hotel services.
Executives
Tao Ming Supervisors
Jiang Qing senior management

Sichuan Mingxing Electric Power Co (SHSE:600101) Headlines

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