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Jinxi Axle Co (SHSE:600495) Cyclically Adjusted Price-to-FCF : 161.50 (As of Jun. 14, 2024)


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What is Jinxi Axle Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-14), Jinxi Axle Co's current share price is ¥3.23. Jinxi Axle Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.02. Jinxi Axle Co's Cyclically Adjusted Price-to-FCF for today is 161.50.

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

SHSE:600495' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 164.5   Med: 376   Max: 428
Current: 193.46

During the past years, Jinxi Axle Co's highest Cyclically Adjusted Price-to-FCF was 428.00. The lowest was 164.50. And the median was 376.00.

SHSE:600495's Cyclically Adjusted Price-to-FCF is ranked worse than
94.41% of 429 companies
in the Transportation industry
Industry Median: 17.72 vs SHSE:600495: 193.46

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.

Jinxi Axle Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.005. 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 ¥0.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jinxi Axle Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Jinxi Axle 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.

Jinxi Axle Co Cyclically Adjusted Price-to-FCF Chart

Jinxi Axle 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 - - - - 534.39

Jinxi Axle 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 - - 281.53 534.39 218.74

Competitive Comparison of Jinxi Axle Co's Cyclically Adjusted Price-to-FCF

For the Railroads subindustry, Jinxi Axle 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.


Jinxi Axle Co's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jinxi Axle Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Jinxi Axle Co's Cyclically Adjusted Price-to-FCF falls into.



Jinxi Axle 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.

Jinxi Axle Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.23/0.02
=161.50

* 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.

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

For example, Jinxi Axle 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)
=-0.005/115.2271*115.2271
=-0.005

Current CPI (Mar. 2024) = 115.2271.

Jinxi Axle Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.045 98.200 -0.053
201409 -0.041 98.900 -0.048
201412 0.171 99.000 0.199
201503 -0.146 99.900 -0.168
201506 -0.067 99.500 -0.078
201509 -0.002 100.500 -0.002
201512 0.078 100.600 0.089
201603 -0.135 102.200 -0.152
201606 -0.097 101.400 -0.110
201609 0.074 102.400 0.083
201612 -0.001 102.600 -0.001
201703 -0.025 103.200 -0.028
201706 0.076 103.100 0.085
201709 0.103 104.100 0.114
201712 -0.020 104.500 -0.022
201803 -0.007 105.300 -0.008
201806 -0.055 104.900 -0.060
201809 0.219 106.600 0.237
201812 -0.055 106.500 -0.060
201903 -0.143 107.700 -0.153
201906 -0.174 107.700 -0.186
201909 0.163 109.800 0.171
201912 0.118 111.200 0.122
202003 -0.051 112.300 -0.052
202006 -0.012 110.400 -0.013
202009 -0.006 111.700 -0.006
202012 0.127 111.500 0.131
202103 -0.069 112.662 -0.071
202106 -0.067 111.769 -0.069
202109 -0.023 112.215 -0.024
202112 0.220 113.108 0.224
202203 -0.092 114.335 -0.093
202206 -0.030 114.558 -0.030
202209 0.053 115.339 0.053
202212 0.044 115.116 0.044
202303 -0.086 115.116 -0.086
202306 -0.057 114.558 -0.057
202309 0.038 115.339 0.038
202312 0.213 114.781 0.214
202403 -0.005 115.227 -0.005

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.


Jinxi Axle Co  (SHSE:600495) 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.


Jinxi Axle Co Cyclically Adjusted Price-to-FCF Related Terms

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Jinxi Axle Co (SHSE:600495) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 5 North Lane, Heping North Road, Shanxi, Taiyuan, CHN, 030027
Jinxi Axle Co Ltd is a China-based company primarily engaged in rail transit equipment. The company is mainly engaged in the production and sales of railway vehicles, axles, wheelsets, bolster side frames, bogies, and other products. The axle products are used to manufacture railway locomotives, trucks, buses, subways, light rail and other rail vehicles. The company mainly distributes its products in domestic and overseas markets.
Executives
Jiang Xin Le senior management

Jinxi Axle Co (SHSE:600495) Headlines

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