/term/cyclically-adjusted-price-to-fcf/SHSE:600693 Fujian Dongbai (Group) Co (SHSE:600693) Cyclically Adjusted
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Fujian Dongbai (Group) Co (SHSE:600693) Cyclically Adjusted Price-to-FCF : (As of Jun. 20, 2024)


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What is Fujian Dongbai (Group) Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Fujian Dongbai (Group) Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fujian Dongbai (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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Fujian Dongbai (Group) Co Cyclically Adjusted Price-to-FCF Chart

Fujian Dongbai (Group) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Fujian Dongbai (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 Fujian Dongbai (Group) Co's Cyclically Adjusted Price-to-FCF

For the Department Stores subindustry, Fujian Dongbai (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.


Fujian Dongbai (Group) Co's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Fujian Dongbai (Group) Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Fujian Dongbai (Group) Co's Cyclically Adjusted Price-to-FCF falls into.



Fujian Dongbai (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.

Fujian Dongbai (Group) Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Fujian Dongbai (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)
=-0.009/115.2271*115.2271
=-0.009

Current CPI (Mar. 2024) = 115.2271.

Fujian Dongbai (Group) Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.270 98.200 -0.317
201409 -0.253 98.900 -0.295
201412 0.375 99.000 0.436
201503 -0.262 99.900 -0.302
201506 -0.109 99.500 -0.126
201509 0.076 100.500 0.087
201512 -0.488 100.600 -0.559
201603 -0.025 102.200 -0.028
201606 -0.198 101.400 -0.225
201609 -0.248 102.400 -0.279
201612 0.095 102.600 0.107
201703 -0.216 103.200 -0.241
201706 -0.014 103.100 -0.016
201709 -0.140 104.100 -0.155
201712 -0.016 104.500 -0.018
201803 -0.331 105.300 -0.362
201806 -0.433 104.900 -0.476
201809 0.034 106.600 0.037
201812 -0.291 106.500 -0.315
201903 -0.349 107.700 -0.373
201906 -0.138 107.700 -0.148
201909 -0.143 109.800 -0.150
201912 -0.163 111.200 -0.169
202003 -0.265 112.300 -0.272
202006 -0.576 110.400 -0.601
202009 -0.074 111.700 -0.076
202012 0.074 111.500 0.076
202103 -0.175 112.662 -0.179
202106 -0.212 111.769 -0.219
202109 -0.561 112.215 -0.576
202112 0.021 113.108 0.021
202203 -0.242 114.335 -0.244
202206 0.395 114.558 0.397
202209 -0.393 115.339 -0.393
202212 -0.145 115.116 -0.145
202303 0.069 115.116 0.069
202306 -0.050 114.558 -0.050
202309 -0.037 115.339 -0.037
202312 0.433 114.781 0.435
202403 -0.009 115.227 -0.009

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.


Fujian Dongbai (Group) Co  (SHSE:600693) 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.


Fujian Dongbai (Group) Co Cyclically Adjusted Price-to-FCF Related Terms

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Fujian Dongbai (Group) Co (SHSE:600693) Business Description

Traded in Other Exchanges
N/A
Address
No. 84 Bayiqi North Road, Fuzhou, Fujian, CHN, 350001
Fujian Dongbai (Group) Co Ltd operates in the retail business. The company operates a department store chain that deals with fashion brands, jewelry, men and female clothing, shoes, and other categories. Geographically the activities are carried out through China.
Executives
Shi Xia Director
Liu Yi Director
Wang Xiang Hong Supervisors
Wei Li Ping Director
Li Peng senior management
Song Ke Jun Director
Xue Jian senior management
Bi De Cai Director
Yu Yi Hong Director
Shi Min Xiu Supervisors
Wang Jin Rong Supervisors

Fujian Dongbai (Group) Co (SHSE:600693) Headlines

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