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Liaoning Shidai Waheng Co (SHSE:600241) Cyclically Adjusted Price-to-FCF : (As of Jun. 20, 2024)


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What is Liaoning Shidai Waheng Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Liaoning Shidai Waheng Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Liaoning Shidai Waheng 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.

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Liaoning Shidai Waheng Co Cyclically Adjusted Price-to-FCF Chart

Liaoning Shidai Waheng Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Liaoning Shidai Waheng Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Liaoning Shidai Waheng Co's Cyclically Adjusted Price-to-FCF

For the Apparel Manufacturing subindustry, Liaoning Shidai Waheng 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.


Liaoning Shidai Waheng Co's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Liaoning Shidai Waheng Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Liaoning Shidai Waheng Co's Cyclically Adjusted Price-to-FCF falls into.



Liaoning Shidai Waheng 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.

Liaoning Shidai Waheng Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Liaoning Shidai Waheng 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)
=0.063/115.2271*115.2271
=0.063

Current CPI (Mar. 2024) = 115.2271.

Liaoning Shidai Waheng Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.466 98.200 -0.547
201409 -0.241 98.900 -0.281
201412 0.370 99.000 0.431
201503 0.184 99.900 0.212
201506 -1.304 99.500 -1.510
201509 -0.249 100.500 -0.285
201512 0.739 100.600 0.846
201603 0.063 102.200 0.071
201606 -0.363 101.400 -0.412
201609 -0.312 102.400 -0.351
201612 0.379 102.600 0.426
201703 -0.152 103.200 -0.170
201706 -0.457 103.100 -0.511
201709 -0.702 104.100 -0.777
201712 0.024 104.500 0.026
201803 -0.491 105.300 -0.537
201806 -0.465 104.900 -0.511
201809 -0.084 106.600 -0.091
201812 -0.233 106.500 -0.252
201903 -0.115 107.700 -0.123
201906 -0.068 107.700 -0.073
201909 0.036 109.800 0.038
201912 -0.030 111.200 -0.031
202003 -0.277 112.300 -0.284
202006 -0.186 110.400 -0.194
202009 0.061 111.700 0.063
202012 0.117 111.500 0.121
202103 0.089 112.662 0.091
202106 0.125 111.769 0.129
202109 0.235 112.215 0.241
202112 0.422 113.108 0.430
202203 0.173 114.335 0.174
202206 -0.022 114.558 -0.022
202209 0.321 115.339 0.321
202212 0.142 115.116 0.142
202303 -0.209 115.116 -0.209
202306 0.019 114.558 0.019
202309 -0.032 115.339 -0.032
202312 -0.060 114.781 -0.060
202403 0.063 115.227 0.063

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.


Liaoning Shidai Waheng Co  (SHSE:600241) 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.


Liaoning Shidai Waheng Co Cyclically Adjusted Price-to-FCF Related Terms

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Liaoning Shidai Waheng Co (SHSE:600241) Business Description

Traded in Other Exchanges
N/A
Address
No. 7 Gangwan Street, Zhongshan District, Liaoning, Dalian, CHN, 116001
Liaoning Shidai Waheng Co Ltd is a China based company engaged in the apparel business. It is also involved in the provision of garment processing, fabric printing and dyeing, and freight forwarding services. Further, the group is also engaged in the development and sale of real estate properties; and financial equity investment activities.
Executives
Deng Qing Zhu Director
Mou Yun Long senior management
Luo Wei Ming Director
Wei Gang Director
Yin Yao senior management

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