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Hangzhou Iron & Steel Co (SHSE:600126) Cyclically Adjusted Price-to-FCF : 39.91 (As of Jun. 06, 2025)


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What is Hangzhou Iron & Steel Co Cyclically Adjusted Price-to-FCF?

As of today (2025-06-06), Hangzhou Iron & Steel Co's current share price is ¥9.18. Hangzhou Iron & Steel Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was ¥0.23. Hangzhou Iron & Steel Co's Cyclically Adjusted Price-to-FCF for today is 39.91.

The historical rank and industry rank for Hangzhou Iron & Steel Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:600126' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.24   Med: 14.1   Max: 137.13
Current: 41.16

During the past years, Hangzhou Iron & Steel Co's highest Cyclically Adjusted Price-to-FCF was 137.13. The lowest was 7.24. And the median was 14.10.

SHSE:600126's Cyclically Adjusted Price-to-FCF is ranked worse than
83.54% of 237 companies
in the Steel industry
Industry Median: 10.4 vs SHSE:600126: 41.16

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.

Hangzhou Iron & Steel Co's adjusted free cash flow per share data for the three months ended in Mar. 2025 was ¥-0.561. 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 ¥0.23 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hangzhou Iron & Steel Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hangzhou Iron & Steel 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.

Hangzhou Iron & Steel Co Cyclically Adjusted Price-to-FCF Chart

Hangzhou Iron & Steel 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 13.13 10.03 8.64 13.78 19.29

Hangzhou Iron & Steel Co 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 16.81 13.07 17.94 19.29 51.93

Competitive Comparison of Hangzhou Iron & Steel Co's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Hangzhou Iron & Steel 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.


Hangzhou Iron & Steel Co's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Hangzhou Iron & Steel Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Hangzhou Iron & Steel Co's Cyclically Adjusted Price-to-FCF falls into.


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Hangzhou Iron & Steel 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.

Hangzhou Iron & Steel Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9.18/0.23
=39.91

* 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.

Hangzhou Iron & Steel Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Hangzhou Iron & Steel Co'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)
=-0.561/115.1156*115.1156
=-0.561

Current CPI (Mar. 2025) = 115.1156.

Hangzhou Iron & Steel Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.929 99.500 1.075
201509 0.059 100.500 0.068
201512 0.133 100.600 0.152
201603 -0.054 102.200 -0.061
201606 0.269 101.400 0.305
201609 0.123 102.400 0.138
201612 0.491 102.600 0.551
201703 -0.098 103.200 -0.109
201706 0.313 103.100 0.349
201709 0.114 104.100 0.126
201712 0.078 104.500 0.086
201803 -0.145 105.300 -0.159
201806 0.640 104.900 0.702
201809 0.340 106.600 0.367
201812 -0.287 106.500 -0.310
201903 0.247 107.700 0.264
201906 0.086 107.700 0.092
201909 -0.255 109.800 -0.267
201912 -0.144 111.200 -0.149
202003 0.178 112.300 0.182
202006 0.274 110.400 0.286
202009 0.365 111.700 0.376
202012 -0.412 111.500 -0.425
202103 -0.099 112.662 -0.101
202106 0.342 111.769 0.352
202109 0.056 112.215 0.057
202112 0.050 113.108 0.051
202203 0.313 114.335 0.315
202206 0.229 114.558 0.230
202209 0.031 115.339 0.031
202212 -0.790 115.116 -0.790
202303 -0.150 115.116 -0.150
202306 0.086 114.558 0.086
202309 -0.034 115.339 -0.034
202312 -0.869 114.781 -0.872
202403 -0.676 115.227 -0.675
202406 0.007 114.781 0.007
202409 0.430 115.785 0.428
202412 0.269 114.893 0.270
202503 -0.561 115.116 -0.561

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.


Hangzhou Iron & Steel Co  (SHSE:600126) 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.


Hangzhou Iron & Steel Co Cyclically Adjusted Price-to-FCF Related Terms

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Hangzhou Iron & Steel Co Business Description

Traded in Other Exchanges
N/A
Address
No. 178, Banshan Road, Gongshu District, Zhejiang Province, Hangzhou, CHN, 310022
Hangzhou Iron & Steel Co Ltd is a China-based company primarily engaged in the manufacture and sale of steel products. Through its subsidiaries, the company produces hot-rolled coils and its products are carbon structural steels, low-alloy structural steels, cold-rolled or deep-drawn low-carbon steels, pipeline steels, automotive structural steels, container steels, shipbuilding steels, bridge steels, diamond plates, and other steels. The company is also engaged in providing environmental protection services, including sewage treatment services.

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