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Shanghai Jinfeng Wine Co (SHSE:600616) Cyclically Adjusted Price-to-FCF : 69.63 (As of May. 02, 2024)


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What is Shanghai Jinfeng Wine Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-02), Shanghai Jinfeng Wine Co's current share price is ¥5.57. Shanghai Jinfeng Wine Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.08. Shanghai Jinfeng Wine Co's Cyclically Adjusted Price-to-FCF for today is 69.63.

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

SHSE:600616' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 26.54   Med: 67   Max: 145.58
Current: 69.18

During the past years, Shanghai Jinfeng Wine Co's highest Cyclically Adjusted Price-to-FCF was 145.58. The lowest was 26.54. And the median was 67.00.

SHSE:600616's Cyclically Adjusted Price-to-FCF is ranked worse than
83.04% of 112 companies
in the Beverages - Alcoholic industry
Industry Median: 27.04 vs SHSE:600616: 69.18

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 Jinfeng Wine Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.001. 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 ¥0.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Jinfeng Wine Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shanghai Jinfeng Wine 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 Jinfeng Wine Co Cyclically Adjusted Price-to-FCF Chart

Shanghai Jinfeng Wine 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 33.81 107.00 80.21 70.47 90.29

Shanghai Jinfeng Wine 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 86.84 71.83 77.87 90.29 72.66

Competitive Comparison of Shanghai Jinfeng Wine Co's Cyclically Adjusted Price-to-FCF

For the Beverages - Wineries & Distilleries subindustry, Shanghai Jinfeng Wine 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 Jinfeng Wine Co's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Shanghai Jinfeng Wine Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Shanghai Jinfeng Wine 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 Jinfeng Wine Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.57/0.08
=69.63

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

For example, Shanghai Jinfeng Wine 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)
=-0.001/114.6694*114.6694
=-0.001

Current CPI (Mar. 2024) = 114.6694.

Shanghai Jinfeng Wine Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.042 98.200 -0.049
201409 0.086 98.900 0.100
201412 0.077 99.000 0.089
201503 -0.002 99.900 -0.002
201506 -0.079 99.500 -0.091
201509 0.102 100.500 0.116
201512 0.070 100.600 0.080
201603 -0.105 102.200 -0.118
201606 -0.082 101.400 -0.093
201609 0.117 102.400 0.131
201612 0.055 102.600 0.061
201703 0.029 103.200 0.032
201706 -0.108 103.100 -0.120
201709 0.113 104.100 0.124
201712 0.115 104.500 0.126
201803 -0.053 105.300 -0.058
201806 -0.047 104.900 -0.051
201809 0.037 106.600 0.040
201812 0.132 106.500 0.142
201903 -0.115 107.700 -0.122
201906 0.004 107.700 0.004
201909 0.105 109.800 0.110
201912 0.118 111.200 0.122
202003 -0.098 112.300 -0.100
202006 -0.026 110.400 -0.027
202009 -0.020 111.700 -0.021
202012 0.091 111.500 0.094
202103 -0.018 112.662 -0.018
202106 -0.052 111.769 -0.053
202109 0.067 112.215 0.068
202112 0.081 113.108 0.082
202203 -0.017 114.335 -0.017
202206 -0.021 114.558 -0.021
202209 0.101 115.339 0.100
202212 0.163 115.116 0.162
202303 -0.073 115.116 -0.073
202306 -0.042 114.558 -0.042
202309 0.018 115.339 0.018
202312 0.080 114.669 0.080
202403 -0.001 114.669 -0.001

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 Jinfeng Wine Co  (SHSE:600616) 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 Jinfeng Wine Co Cyclically Adjusted Price-to-FCF Related Terms

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Shanghai Jinfeng Wine Co (SHSE:600616) Business Description

Traded in Other Exchanges
N/A
Address
No. 579 Zhangyang Road, Sanxin Building, Pudong, Shanghai, Shanghai, CHN, 200120
Shanghai Jinfeng Wine Co Ltd is a China-based company. It is principally engaged in the production and sales of rice wine products. The company is also engaged in the production and sales of wine and cooking wine. The company mainly distributes its products under the Shikumen brand.

Shanghai Jinfeng Wine Co (SHSE:600616) Headlines

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