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CSSC Offshore & Marine Engineering (Group) Co (SHSE:600685) Cyclically Adjusted Price-to-FCF : (As of Dec. 13, 2024)


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What is CSSC Offshore & Marine Engineering (Group) Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


CSSC Offshore & Marine Engineering (Group) Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CSSC Offshore & Marine Engineering (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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CSSC Offshore & Marine Engineering (Group) Co Cyclically Adjusted Price-to-FCF Chart

CSSC Offshore & Marine Engineering (Group) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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CSSC Offshore & Marine Engineering (Group) Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of CSSC Offshore & Marine Engineering (Group) Co's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, CSSC Offshore & Marine Engineering (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.


CSSC Offshore & Marine Engineering (Group) Co's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, CSSC Offshore & Marine Engineering (Group) Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where CSSC Offshore & Marine Engineering (Group) Co's Cyclically Adjusted Price-to-FCF falls into.



CSSC Offshore & Marine Engineering (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.

CSSC Offshore & Marine Engineering (Group) Co's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, CSSC Offshore & Marine Engineering (Group) Co's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.419/115.7848*115.7848
=0.419

Current CPI (Sep. 2024) = 115.7848.

CSSC Offshore & Marine Engineering (Group) Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 2.454 99.000 2.870
201503 -2.769 99.900 -3.209
201506 -0.270 99.500 -0.314
201509 -1.030 100.500 -1.187
201512 2.481 100.600 2.855
201603 -1.354 102.200 -1.534
201606 -1.524 101.400 -1.740
201609 -1.738 102.400 -1.965
201612 1.355 102.600 1.529
201703 -1.520 103.200 -1.705
201706 -1.365 103.100 -1.533
201709 -0.203 104.100 -0.226
201712 2.023 104.500 2.241
201803 -1.432 105.300 -1.575
201806 -0.609 104.900 -0.672
201809 0.115 106.600 0.125
201812 0.278 106.500 0.302
201903 -2.133 107.700 -2.293
201906 -0.393 107.700 -0.423
201909 -0.848 109.800 -0.894
201912 5.397 111.200 5.620
202003 -0.861 112.300 -0.888
202006 -1.428 110.400 -1.498
202009 -0.133 111.700 -0.138
202012 1.375 111.500 1.428
202103 0.064 112.662 0.066
202106 -0.850 111.769 -0.881
202109 -0.132 112.215 -0.136
202112 3.850 113.108 3.941
202203 2.104 114.335 2.131
202206 -1.269 114.558 -1.283
202209 -1.524 115.339 -1.530
202212 1.938 115.116 1.949
202303 -0.005 115.116 -0.005
202306 -2.032 114.558 -2.054
202309 1.994 115.339 2.002
202312 1.961 114.781 1.978
202403 -2.443 115.227 -2.455
202406 -1.534 114.781 -1.547
202409 0.419 115.785 0.419

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.


CSSC Offshore & Marine Engineering (Group) Co  (SHSE:600685) 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.


CSSC Offshore & Marine Engineering (Group) Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of CSSC Offshore & Marine Engineering (Group) Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


CSSC Offshore & Marine Engineering (Group) Co Business Description

Traded in Other Exchanges
Address
No. 137 Gexin Road, 15th Floor, Marine Tower, Shipping Building, Haizhu District, Guangdong Province, Guangzhou, CHN, 510250
CSSC Offshore & Marine Engineering (Group) Co Ltd manufactures military and civil ships and conducts off-shore engineering. The functions of the boats have a wide range, including military, patrol, rescue, and transportation. Multiple subsidiaries allow the company to produce multiple ships and supply customized maintenance for clients. The company operates through the following business segments: Shipbuilding and related business which generates key revenue, Steel Structure engineering, Ship maintenance, and others.
Executives
Wu Guang Jun Supervisors

CSSC Offshore & Marine Engineering (Group) Co Headlines

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