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Shanghai Topcare Medical Services Co (SHSE:600532) Cyclically Adjusted Price-to-FCF : 3.43 (As of Jun. 23, 2024)


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What is Shanghai Topcare Medical Services Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-23), Shanghai Topcare Medical Services Co's current share price is ¥0.72. Shanghai Topcare Medical Services Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2023 was ¥0.21. Shanghai Topcare Medical Services Co's Cyclically Adjusted Price-to-FCF for today is 3.43.

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

SHSE:600532's Cyclically Adjusted Price-to-FCF is not ranked *
in the Metals & Mining industry.
Industry Median: 20.1
* Ranked among companies with meaningful Cyclically Adjusted Price-to-FCF only.

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.

Shanghai Topcare Medical Services Co's adjusted free cash flow per share data for the three months ended in Mar. 2023 was ¥1.483. 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 ¥0.21 for the trailing ten years ended in Mar. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Topcare Medical Services Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shanghai Topcare Medical Services 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.

Shanghai Topcare Medical Services Co Cyclically Adjusted Price-to-FCF Chart

Shanghai Topcare Medical Services Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 101.19 40.25 60.00 73.11 202.08

Shanghai Topcare Medical Services Co Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 69.34 67.40 303.59 202.08 38.59

Competitive Comparison of Shanghai Topcare Medical Services Co's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Shanghai Topcare Medical Services 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.


Shanghai Topcare Medical Services Co's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Shanghai Topcare Medical Services Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shanghai Topcare Medical Services Co's Cyclically Adjusted Price-to-FCF falls into.



Shanghai Topcare Medical Services 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.

Shanghai Topcare Medical Services Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.72/0.21
=3.43

* 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.

Shanghai Topcare Medical Services Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, Shanghai Topcare Medical Services Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=1.483/115.1156*115.1156
=1.483

Current CPI (Mar. 2023) = 115.1156.

Shanghai Topcare Medical Services Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201306 -0.144 95.984 -0.173
201309 -0.002 97.332 -0.002
201312 0.010 97.624 0.012
201403 0.015 98.600 0.018
201406 -0.193 98.200 -0.226
201409 0.227 98.900 0.264
201412 0.365 99.000 0.424
201503 -0.013 99.900 -0.015
201506 0.205 99.500 0.237
201509 -0.241 100.500 -0.276
201512 -0.198 100.600 -0.227
201603 0.177 102.200 0.199
201606 -0.011 101.400 -0.012
201609 0.025 102.400 0.028
201612 -0.017 102.600 -0.019
201703 0.009 103.200 0.010
201706 0.053 103.100 0.059
201709 -0.010 104.100 -0.011
201712 -0.023 104.500 -0.025
201803 -0.991 105.300 -1.083
201806 -0.584 104.900 -0.641
201809 -0.138 106.600 -0.149
201812 0.205 106.500 0.222
201903 0.099 107.700 0.106
201906 -0.088 107.700 -0.094
201909 0.215 109.800 0.225
201912 0.930 111.200 0.963
202003 0.082 112.300 0.084
202006 0.241 110.400 0.251
202009 0.175 111.700 0.180
202012 1.058 111.500 1.092
202103 1.165 112.662 1.190
202106 0.130 111.769 0.134
202109 -0.131 112.215 -0.134
202112 -0.026 113.108 -0.026
202203 -0.032 114.335 -0.032
202206 -0.041 114.558 -0.041
202209 -1.503 115.339 -1.500
202212 -0.416 115.116 -0.416
202303 1.483 115.116 1.483

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.


Shanghai Topcare Medical Services Co  (SHSE:600532) 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.


Shanghai Topcare Medical Services Co Cyclically Adjusted Price-to-FCF Related Terms

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Shanghai Topcare Medical Services Co (SHSE:600532) Business Description

Traded in Other Exchanges
N/A
Address
488 Yincheng Middle Road, Room 2302, Taiping Financial Building, Pudong New Area, Shanghai, CHN, 200120
Shanghai Topcare Medical Services Co Ltd, formerly Shanghai Hongda Mining Co Ltd and its subsidiaries are engaged in mining and exploration in Shandong Province.
Executives
Cui Zhi Huo Director
Zhu Shi Min senior management

Shanghai Topcare Medical Services Co (SHSE:600532) Headlines

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