GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Feida Environmental Science & Technology Co Ltd (SHSE:600526) » Definitions » Cyclically Adjusted Price-to-FCF

Zhejiang Feida Environmental Science & Technology Co (SHSE:600526) Cyclically Adjusted Price-to-FCF : (As of May. 21, 2024)


View and export this data going back to 2002. Start your Free Trial

What is Zhejiang Feida Environmental Science & Technology Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Feida Environmental Science & Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zhejiang Feida Environmental 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.

* Premium members only.

Zhejiang Feida Environmental Science & Technology Co Cyclically Adjusted Price-to-FCF Chart

Zhejiang Feida Environmental 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 - - - - -

Zhejiang Feida Environmental 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 - - - - -

Competitive Comparison of Zhejiang Feida Environmental Science & Technology Co's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Zhejiang Feida Environmental 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.


Zhejiang Feida Environmental Science & Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Feida Environmental Science & Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Zhejiang Feida Environmental Science & Technology Co's Cyclically Adjusted Price-to-FCF falls into.



Zhejiang Feida Environmental 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.

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

For example, Zhejiang Feida Environmental 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)
=0.006/115.2271*115.2271
=0.006

Current CPI (Mar. 2024) = 115.2271.

Zhejiang Feida Environmental Science & Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.091 98.200 -0.107
201409 -0.290 98.900 -0.338
201412 0.026 99.000 0.030
201503 -0.289 99.900 -0.333
201506 -0.332 99.500 -0.384
201509 0.071 100.500 0.081
201512 0.061 100.600 0.070
201603 -0.192 102.200 -0.216
201606 -0.485 101.400 -0.551
201609 0.318 102.400 0.358
201612 0.119 102.600 0.134
201703 -0.740 103.200 -0.826
201706 0.051 103.100 0.057
201709 -0.817 104.100 -0.904
201712 0.526 104.500 0.580
201803 -0.674 105.300 -0.738
201806 -0.127 104.900 -0.140
201809 -0.117 106.600 -0.126
201812 0.343 106.500 0.371
201903 -0.432 107.700 -0.462
201906 0.212 107.700 0.227
201909 -0.126 109.800 -0.132
201912 1.171 111.200 1.213
202003 -0.320 112.300 -0.328
202006 0.159 110.400 0.166
202009 -0.118 111.700 -0.122
202012 0.053 111.500 0.055
202103 -0.506 112.662 -0.518
202106 0.062 111.769 0.064
202109 0.213 112.215 0.219
202112 0.334 113.108 0.340
202203 -0.561 114.335 -0.565
202206 0.035 114.558 0.035
202209 0.001 115.339 0.001
202212 0.954 115.116 0.955
202303 -0.019 115.116 -0.019
202306 0.081 114.558 0.081
202309 0.289 115.339 0.289
202312 0.409 114.781 0.411
202403 0.006 115.227 0.006

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.


Zhejiang Feida Environmental Science & Technology Co  (SHSE:600526) 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.


Zhejiang Feida Environmental Science & Technology Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Zhejiang Feida Environmental Science & Technology Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhejiang Feida Environmental Science & Technology Co (SHSE:600526) Business Description

Traded in Other Exchanges
N/A
Address
No. 88 Wangyun Road, Zhuji City, Zhejiang, CHN, 311800
Zhejiang Feida Environmental Science & Technology Co Ltd is engaged in the business of designing and manufacturing equipment for air quality control. Its business includes Flue gas treatment; Water treatment; Solid Waste treatment; Soil ecological restoration; Cyclic economy industrial park; and Equipment manufacture.

Zhejiang Feida Environmental Science & Technology Co (SHSE:600526) Headlines

No Headlines