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Fujian Fynex Textile Science & Technology Co (SHSE:600493) Cyclically Adjusted Price-to-FCF : (As of Jun. 21, 2024)


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What is Fujian Fynex Textile Science & Technology Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Fujian Fynex Textile Science & Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fujian Fynex Textile Science & Technology 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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Fujian Fynex Textile Science & Technology Co Cyclically Adjusted Price-to-FCF Chart

Fujian Fynex Textile Science & Technology 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 63.83 33.68 98.24 100.88 317.33

Fujian Fynex Textile Science & Technology 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 103.57 111.63 116.99 317.33 6,856.07

Competitive Comparison of Fujian Fynex Textile Science & Technology Co's Cyclically Adjusted Price-to-FCF

For the Textile Manufacturing subindustry, Fujian Fynex Textile Science & Technology 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.


Fujian Fynex Textile Science & Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Fujian Fynex Textile Science & Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Fujian Fynex Textile Science & Technology Co's Cyclically Adjusted Price-to-FCF falls into.



Fujian Fynex Textile Science & Technology 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.

Fujian Fynex Textile Science & Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Fujian Fynex Textile Science & Technology 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)
=-0.081/115.2271*115.2271
=-0.081

Current CPI (Mar. 2024) = 115.2271.

Fujian Fynex Textile Science & Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.149 98.200 0.175
201409 0.125 98.900 0.146
201412 0.282 99.000 0.328
201503 0.095 99.900 0.110
201506 -0.022 99.500 -0.025
201509 0.078 100.500 0.089
201512 0.119 100.600 0.136
201603 0.156 102.200 0.176
201606 0.122 101.400 0.139
201609 0.023 102.400 0.026
201612 0.106 102.600 0.119
201703 -0.076 103.200 -0.085
201706 0.049 103.100 0.055
201709 -0.125 104.100 -0.138
201712 0.090 104.500 0.099
201803 -0.067 105.300 -0.073
201806 -0.119 104.900 -0.131
201809 0.163 106.600 0.176
201812 -0.070 106.500 -0.076
201903 -0.179 107.700 -0.192
201906 0.251 107.700 0.269
201909 -0.387 109.800 -0.406
201912 -0.325 111.200 -0.337
202003 -0.131 112.300 -0.134
202006 0.289 110.400 0.302
202009 -0.134 111.700 -0.138
202012 0.027 111.500 0.028
202103 -0.246 112.662 -0.252
202106 0.042 111.769 0.043
202109 0.100 112.215 0.103
202112 -0.287 113.108 -0.292
202203 -0.179 114.335 -0.180
202206 0.219 114.558 0.220
202209 0.169 115.339 0.169
202212 -0.089 115.116 -0.089
202303 -0.089 115.116 -0.089
202306 0.056 114.558 0.056
202309 0.060 115.339 0.060
202312 -0.294 114.781 -0.295
202403 -0.081 115.227 -0.081

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.


Fujian Fynex Textile Science & Technology Co  (SHSE:600493) 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.


Fujian Fynex Textile Science & Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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Fujian Fynex Textile Science & Technology Co (SHSE:600493) Business Description

Traded in Other Exchanges
N/A
Address
Fengzhu Industrial Zone, Qingyang, Jinjiang, Fujian, CHN, 362200
Fujian Fynex Textile Science & Technology Co Ltd is engaged in the production of fabrics, cheese yarns and environmental protection facilities. The company has a weaving factory, a dyeing factory, a bleaching and dyeing factory, a sewage treatment plant and a cotton spinning subsidiary. The product catalogue includes - Terry cloth set, Roman cloth, Fully lined stretch jersey, and Coffee carbon.
Executives
Li Chang Chun Director
Chen Cheng Qing Director
Lin Jian Cai Director
Li Chun Xing Director

Fujian Fynex Textile Science & Technology Co (SHSE:600493) Headlines

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