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Shanghai Shenda Co (SHSE:600626) Cyclically Adjusted Price-to-FCF : (As of Jun. 23, 2024)


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What is Shanghai Shenda Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Shenda Co Cyclically Adjusted Price-to-FCF Historical Data

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

Shanghai Shenda Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Shanghai Shenda 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 Shanghai Shenda Co's Cyclically Adjusted Price-to-FCF

For the Textile Manufacturing subindustry, Shanghai Shenda 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 Shenda Co's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shanghai Shenda Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



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

For example, Shanghai Shenda 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)
=-0.095/115.2271*115.2271
=-0.095

Current CPI (Mar. 2024) = 115.2271.

Shanghai Shenda Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.165 98.200 0.194
201409 0.170 98.900 0.198
201412 0.036 99.000 0.042
201503 -0.053 99.900 -0.061
201506 -0.173 99.500 -0.200
201509 0.000 100.500 0.000
201512 -0.235 100.600 -0.269
201603 -0.165 102.200 -0.186
201606 -0.135 101.400 -0.153
201609 0.076 102.400 0.086
201612 0.325 102.600 0.365
201703 -0.137 103.200 -0.153
201706 0.045 103.100 0.050
201709 -2.928 104.100 -3.241
201712 3.001 104.500 3.309
201803 -0.606 105.300 -0.663
201806 -0.168 104.900 -0.185
201809 0.030 106.600 0.032
201812 -0.074 106.500 -0.080
201903 -0.507 107.700 -0.542
201906 0.092 107.700 0.098
201909 -0.099 109.800 -0.104
201912 -0.058 111.200 -0.060
202003 -0.402 112.300 -0.412
202006 -0.101 110.400 -0.105
202009 0.143 111.700 0.148
202012 0.041 111.500 0.042
202103 -0.259 112.662 -0.265
202106 -0.004 111.769 -0.004
202109 -0.137 112.215 -0.141
202112 0.123 113.108 0.125
202203 -0.173 114.335 -0.174
202206 -0.177 114.558 -0.178
202209 -0.022 115.339 -0.022
202212 0.364 115.116 0.364
202303 -0.381 115.116 -0.381
202306 -0.164 114.558 -0.165
202309 -0.007 115.339 -0.007
202312 0.235 114.781 0.236
202403 -0.095 115.227 -0.095

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 Shenda Co  (SHSE:600626) 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 Shenda Co Cyclically Adjusted Price-to-FCF Related Terms

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Shanghai Shenda Co (SHSE:600626) Business Description

Traded in Other Exchanges
N/A
Address
1500 Jiangning Road, Shenda International Building, Shanghai, CHN, 200060
Shanghai Shenda Co Ltd is engaged in the international and domestic trade of textile products.
Executives
Hu Chun senior management
Ma Tian Yu senior management
Chen Jian Director
Shen Yao Qing Director
An Xiu Qing Director
Yao Ming Hua senior management
Xi Shi Ping Director
Wang Qiu Rong Director
Chen Kai Jian Supervisors

Shanghai Shenda Co (SHSE:600626) Headlines

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