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Chongqing Fenghwa Group Co (SHSE:600615) Cyclically Adjusted Price-to-FCF : (As of Jun. 19, 2024)


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What is Chongqing Fenghwa Group Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Chongqing Fenghwa Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Chongqing Fenghwa Group 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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Chongqing Fenghwa Group Co Cyclically Adjusted Price-to-FCF Chart

Chongqing Fenghwa Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Chongqing Fenghwa Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Chongqing Fenghwa Group Co's Cyclically Adjusted Price-to-FCF

For the Metal Fabrication subindustry, Chongqing Fenghwa Group 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.


Chongqing Fenghwa Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chongqing Fenghwa Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Chongqing Fenghwa Group Co's Cyclically Adjusted Price-to-FCF falls into.



Chongqing Fenghwa Group 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.

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

For example, Chongqing Fenghwa Group 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)
=0.017/115.2271*115.2271
=0.017

Current CPI (Mar. 2024) = 115.2271.

Chongqing Fenghwa Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.022 98.200 -0.026
201409 -0.115 98.900 -0.134
201412 -0.010 99.000 -0.012
201503 -0.046 99.900 -0.053
201506 -0.020 99.500 -0.023
201509 -0.004 100.500 -0.005
201512 -0.081 100.600 -0.093
201603 -0.069 102.200 -0.078
201606 0.003 101.400 0.003
201609 0.021 102.400 0.024
201612 0.025 102.600 0.028
201703 -0.487 103.200 -0.544
201706 0.889 103.100 0.994
201709 -0.121 104.100 -0.134
201712 0.014 104.500 0.015
201803 0.016 105.300 0.018
201806 0.002 104.900 0.002
201809 0.007 106.600 0.008
201812 -0.036 106.500 -0.039
201903 0.022 107.700 0.024
201906 -0.048 107.700 -0.051
201909 -0.028 109.800 -0.029
201912 0.009 111.200 0.009
202003 -0.049 112.300 -0.050
202006 -0.002 110.400 -0.002
202009 -0.024 111.700 -0.025
202012 -0.028 111.500 -0.029
202103 -0.086 112.662 -0.088
202106 -0.043 111.769 -0.044
202109 -0.121 112.215 -0.124
202112 -0.116 113.108 -0.118
202203 -0.026 114.335 -0.026
202206 0.006 114.558 0.006
202209 -0.024 115.339 -0.024
202212 0.016 115.116 0.016
202303 -0.037 115.116 -0.037
202306 -0.041 114.558 -0.041
202309 -0.029 115.339 -0.029
202312 -0.047 114.781 -0.047
202403 0.017 115.227 0.017

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.


Chongqing Fenghwa Group Co  (SHSE:600615) 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.


Chongqing Fenghwa Group Co Cyclically Adjusted Price-to-FCF Related Terms

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Chongqing Fenghwa Group Co (SHSE:600615) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Sendi Avenue, Building 1, Xipeng Town, Jiulongpo District, Chongqing, CHN, 400051
Chongqing Fenghwa Group Co Ltd mainly produces magnesium alloy and aluminum alloy products, including magnesium alloy steering wheel frame, aluminum alloy steering wheel frame, hand tools, extruded profiles, motorcycle parts, and others.
Executives
He Guo Qing Supervisors

Chongqing Fenghwa Group Co (SHSE:600615) Headlines

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