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Dalian Thermal Power Co (SHSE:600719) Cyclically Adjusted Price-to-FCF : (As of Jun. 14, 2024)


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What is Dalian Thermal Power Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dalian Thermal Power Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Dalian Thermal Power 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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Dalian Thermal Power Co Cyclically Adjusted Price-to-FCF Chart

Dalian Thermal Power 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 40.79 284.60 - - -

Dalian Thermal Power 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 Dalian Thermal Power Co's Cyclically Adjusted Price-to-FCF

For the Utilities - Independent Power Producers subindustry, Dalian Thermal Power 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.


Dalian Thermal Power Co's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Dalian Thermal Power Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Dalian Thermal Power Co's Cyclically Adjusted Price-to-FCF falls into.



Dalian Thermal Power 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.

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

For example, Dalian Thermal Power 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)
=-0.2/115.2271*115.2271
=-0.200

Current CPI (Mar. 2024) = 115.2271.

Dalian Thermal Power Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.327 98.200 0.384
201409 0.012 98.900 0.014
201412 0.336 99.000 0.391
201503 -0.011 99.900 -0.013
201506 -0.077 99.500 -0.089
201509 -0.250 100.500 -0.287
201512 0.290 100.600 0.332
201603 -0.225 102.200 -0.254
201606 -0.086 101.400 -0.098
201609 -0.130 102.400 -0.146
201612 0.292 102.600 0.328
201703 -0.087 103.200 -0.097
201706 -0.123 103.100 -0.137
201709 -0.138 104.100 -0.153
201712 0.118 104.500 0.130
201803 -0.309 105.300 -0.338
201806 -0.286 104.900 -0.314
201809 -0.342 106.600 -0.370
201812 0.081 106.500 0.088
201903 -0.224 107.700 -0.240
201906 -0.039 107.700 -0.042
201909 -0.348 109.800 -0.365
201912 0.438 111.200 0.454
202003 -0.243 112.300 -0.249
202006 -0.116 110.400 -0.121
202009 -0.468 111.700 -0.483
202012 0.375 111.500 0.388
202103 -0.246 112.662 -0.252
202106 -0.412 111.769 -0.425
202109 -0.452 112.215 -0.464
202112 0.569 113.108 0.580
202203 -0.357 114.335 -0.360
202206 0.648 114.558 0.652
202209 -0.771 115.339 -0.770
202212 0.434 115.116 0.434
202303 -0.322 115.116 -0.322
202306 -0.612 114.558 -0.616
202309 -0.248 115.339 -0.248
202312 0.446 114.781 0.448
202403 -0.200 115.227 -0.200

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.


Dalian Thermal Power Co  (SHSE:600719) 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.


Dalian Thermal Power Co Cyclically Adjusted Price-to-FCF Related Terms

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Dalian Thermal Power Co (SHSE:600719) Business Description

Traded in Other Exchanges
N/A
Address
32 Kunming Street, Zhongshan District, Liaoning Province, Dalian, CHN, 116011
Dalian Thermal Power Co Ltd is a China-based company enaged in the generation and distribution of electric power and heat.
Executives
Tian Lu Wei Director
Li Jun Xiu Supervisors
Du Ri Chun senior management
Shen Jun senior management
Teng Jian Guo Supervisors
Sun Zhang Jiu Director
You Xiang Yi Supervisors

Dalian Thermal Power Co (SHSE:600719) Headlines

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