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Changchun FAWAY Automobile Components Co (SHSE:600742) Cyclically Adjusted Price-to-FCF : 9.60 (As of May. 21, 2024)


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What is Changchun FAWAY Automobile Components Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), Changchun FAWAY Automobile Components Co's current share price is ¥8.74. Changchun FAWAY Automobile Components Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.91. Changchun FAWAY Automobile Components Co's Cyclically Adjusted Price-to-FCF for today is 9.60.

The historical rank and industry rank for Changchun FAWAY Automobile Components Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:600742' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.14   Med: 13.8   Max: 219.6
Current: 9.64

During the past years, Changchun FAWAY Automobile Components Co's highest Cyclically Adjusted Price-to-FCF was 219.60. The lowest was 8.14. And the median was 13.80.

SHSE:600742's Cyclically Adjusted Price-to-FCF is ranked better than
79.96% of 494 companies
in the Vehicles & Parts industry
Industry Median: 21.75 vs SHSE:600742: 9.64

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.

Changchun FAWAY Automobile Components Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.006. 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 ¥0.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Changchun FAWAY Automobile Components Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Changchun FAWAY Automobile Components 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.

Changchun FAWAY Automobile Components Co Cyclically Adjusted Price-to-FCF Chart

Changchun FAWAY Automobile Components 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 175.82 22.91 16.64 12.02 10.54

Changchun FAWAY Automobile Components 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 11.63 10.89 11.40 10.54 9.90

Competitive Comparison of Changchun FAWAY Automobile Components Co's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Changchun FAWAY Automobile Components 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.


Changchun FAWAY Automobile Components Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Changchun FAWAY Automobile Components Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Changchun FAWAY Automobile Components Co's Cyclically Adjusted Price-to-FCF falls into.



Changchun FAWAY Automobile Components 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.

Changchun FAWAY Automobile Components Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=8.74/0.91
=9.60

* 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.

Changchun FAWAY Automobile Components Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Changchun FAWAY Automobile Components 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)
=0.006/115.2271*115.2271
=0.006

Current CPI (Mar. 2024) = 115.2271.

Changchun FAWAY Automobile Components Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.013 98.200 -0.015
201409 -0.060 98.900 -0.070
201412 0.038 99.000 0.044
201503 0.072 99.900 0.083
201506 0.031 99.500 0.036
201509 -0.010 100.500 -0.011
201512 -0.005 100.600 -0.006
201603 0.076 102.200 0.086
201606 0.158 101.400 0.180
201609 0.096 102.400 0.108
201612 0.475 102.600 0.533
201703 -0.428 103.200 -0.478
201706 -0.092 103.100 -0.103
201709 -0.006 104.100 -0.007
201712 0.154 104.500 0.170
201803 0.266 105.300 0.291
201806 -0.376 104.900 -0.413
201809 -0.081 106.600 -0.088
201812 -0.049 106.500 -0.053
201903 -0.075 107.700 -0.080
201906 0.060 107.700 0.064
201909 -0.389 109.800 -0.408
201912 1.274 111.200 1.320
202003 1.458 112.300 1.496
202006 0.353 110.400 0.368
202009 0.361 111.700 0.372
202012 1.603 111.500 1.657
202103 1.496 112.662 1.530
202106 0.000 111.769 0.000
202109 1.385 112.215 1.422
202112 -0.499 113.108 -0.508
202203 0.627 114.335 0.632
202206 -1.447 114.558 -1.455
202209 0.238 115.339 0.238
202212 0.108 115.116 0.108
202303 0.530 115.116 0.531
202306 -0.023 114.558 -0.023
202309 0.056 115.339 0.056
202312 1.269 114.781 1.274
202403 0.006 115.227 0.006

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.


Changchun FAWAY Automobile Components Co  (SHSE:600742) 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.


Changchun FAWAY Automobile Components Co Cyclically Adjusted Price-to-FCF Related Terms

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Changchun FAWAY Automobile Components Co (SHSE:600742) Business Description

Traded in Other Exchanges
N/A
Address
No. 1399, Dongfeng South Street, Automobile Industry Development Zone, Jilin Province, Changchun, CHN, 130011
Changchun FAWAY Automobile Components Co Ltd is a China-based company principally engaged in the manufacture and sale of automobile spare parts in China. Its business scope includes products like car seats, instrument panels, door panels, seat frames, bumpers, grilles, rearview mirrors, automotive filters, automotive lighting, automotive stamping products, wheel assemblies, automotive electronics and other automotive components.

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