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Tangshannyou Chemical Industries Co (SHSE:600409) Cyclically Adjusted Price-to-FCF : 7.06 (As of Sep. 21, 2024)


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What is Tangshannyou Chemical Industries Co Cyclically Adjusted Price-to-FCF?

As of today (2024-09-21), Tangshannyou Chemical Industries Co's current share price is ¥4.66. Tangshannyou Chemical Industries Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was ¥0.66. Tangshannyou Chemical Industries Co's Cyclically Adjusted Price-to-FCF for today is 7.06.

The historical rank and industry rank for Tangshannyou Chemical Industries Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:600409' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.86   Med: 14.02   Max: 720
Current: 7.06

During the past years, Tangshannyou Chemical Industries Co's highest Cyclically Adjusted Price-to-FCF was 720.00. The lowest was 6.86. And the median was 14.02.

SHSE:600409's Cyclically Adjusted Price-to-FCF is ranked better than
86.4% of 522 companies
in the Chemicals industry
Industry Median: 23.685 vs SHSE:600409: 7.06

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.

Tangshannyou Chemical Industries Co's adjusted free cash flow per share data for the three months ended in Jun. 2024 was ¥0.176. 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 ¥0.66 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tangshannyou Chemical Industries Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tangshannyou Chemical Industries 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.

Tangshannyou Chemical Industries Co Cyclically Adjusted Price-to-FCF Chart

Tangshannyou Chemical Industries 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 - 529.87 42.91 13.17 8.51

Tangshannyou Chemical Industries Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 9.52 9.22 8.51 7.44 7.61

Competitive Comparison of Tangshannyou Chemical Industries Co's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, Tangshannyou Chemical Industries 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.


Tangshannyou Chemical Industries Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tangshannyou Chemical Industries Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Tangshannyou Chemical Industries Co's Cyclically Adjusted Price-to-FCF falls into.



Tangshannyou Chemical Industries 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.

Tangshannyou Chemical Industries Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.66/0.66
=7.06

* 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.

Tangshannyou Chemical Industries Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Tangshannyou Chemical Industries Co's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.176/114.7809*114.7809
=0.176

Current CPI (Jun. 2024) = 114.7809.

Tangshannyou Chemical Industries Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.111 98.900 0.129
201412 0.185 99.000 0.214
201503 -0.021 99.900 -0.024
201506 0.233 99.500 0.269
201509 0.119 100.500 0.136
201512 0.118 100.600 0.135
201603 0.071 102.200 0.080
201606 0.192 101.400 0.217
201609 0.163 102.400 0.183
201612 0.213 102.600 0.238
201703 0.105 103.200 0.117
201706 0.146 103.100 0.163
201709 -0.047 104.100 -0.052
201712 0.190 104.500 0.209
201803 0.061 105.300 0.066
201806 0.265 104.900 0.290
201809 0.128 106.600 0.138
201812 0.237 106.500 0.255
201903 0.099 107.700 0.106
201906 0.040 107.700 0.043
201909 -0.106 109.800 -0.111
201912 0.315 111.200 0.325
202003 0.082 112.300 0.084
202006 0.414 110.400 0.430
202009 0.177 111.700 0.182
202012 0.278 111.500 0.286
202103 0.202 112.662 0.206
202106 0.117 111.769 0.120
202109 0.149 112.215 0.152
202112 0.265 113.108 0.269
202203 0.585 114.335 0.587
202206 0.312 114.558 0.313
202209 0.271 115.339 0.270
202212 -0.185 115.116 -0.184
202303 0.006 115.116 0.006
202306 0.117 114.558 0.117
202309 0.325 115.339 0.323
202312 0.202 114.781 0.202
202403 -0.065 115.227 -0.065
202406 0.176 114.781 0.176

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.


Tangshannyou Chemical Industries Co  (SHSE:600409) 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.


Tangshannyou Chemical Industries Co Cyclically Adjusted Price-to-FCF Related Terms

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Tangshannyou Chemical Industries Co Business Description

Traded in Other Exchanges
N/A
Address
Nanbao Development Zone, Tangshan, Hebei, CHN, 063305
Tangshan Sanyou Chemical Industries Co Ltd is principally engaged in the production and sale of chemical products. Sanyou's technical process includes squeezing and pressing method, solid phase, and liquid phase. The company offers dense and light soda ash, hydration dense and extrusion dense soda ash, normal, low salt, super-low salt, and special low soda ash, industrial soda ash, food additive soda ash, viscose fiber, PVC and caustic soda products. In addition, the company offers salt products comprising industry salt, refined powder salt, industrial washing brine and magnesium chloride.

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