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Jiangsu Zongyi Co (SHSE:600770) Cyclically Adjusted Price-to-FCF : 44.14 (As of May. 22, 2024)


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What is Jiangsu Zongyi Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-22), Jiangsu Zongyi Co's current share price is ¥3.09. Jiangsu Zongyi Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.07. Jiangsu Zongyi Co's Cyclically Adjusted Price-to-FCF for today is 44.14.

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

SHSE:600770' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 42.43   Med: 72.75   Max: 266.33
Current: 43.12

During the past years, Jiangsu Zongyi Co's highest Cyclically Adjusted Price-to-FCF was 266.33. The lowest was 42.43. And the median was 72.75.

SHSE:600770's Cyclically Adjusted Price-to-FCF is ranked worse than
53.6% of 347 companies
in the Semiconductors industry
Industry Median: 38.59 vs SHSE:600770: 43.12

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.

Jiangsu Zongyi Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.003. 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 ¥0.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Zongyi Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Jiangsu Zongyi 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.

Jiangsu Zongyi Co Cyclically Adjusted Price-to-FCF Chart

Jiangsu Zongyi 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 - - 275.90 78.06 86.60

Jiangsu Zongyi 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 72.67 71.10 59.19 86.60 49.65

Competitive Comparison of Jiangsu Zongyi Co's Cyclically Adjusted Price-to-FCF

For the Semiconductors subindustry, Jiangsu Zongyi 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.


Jiangsu Zongyi Co's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Jiangsu Zongyi Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Jiangsu Zongyi 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.

Jiangsu Zongyi Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.09/0.07
=44.14

* 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.

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

For example, Jiangsu Zongyi 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)
=-0.003/115.2271*115.2271
=-0.003

Current CPI (Mar. 2024) = 115.2271.

Jiangsu Zongyi Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.062 98.200 0.073
201409 -0.018 98.900 -0.021
201412 0.297 99.000 0.346
201503 -0.066 99.900 -0.076
201506 -0.087 99.500 -0.101
201509 0.086 100.500 0.099
201512 0.073 100.600 0.084
201603 -0.047 102.200 -0.053
201606 0.048 101.400 0.055
201609 0.033 102.400 0.037
201612 0.024 102.600 0.027
201703 -0.048 103.200 -0.054
201706 -0.008 103.100 -0.009
201709 0.027 104.100 0.030
201712 0.106 104.500 0.117
201803 -0.007 105.300 -0.008
201806 -0.049 104.900 -0.054
201809 0.003 106.600 0.003
201812 0.005 106.500 0.005
201903 -0.020 107.700 -0.021
201906 0.004 107.700 0.004
201909 -0.020 109.800 -0.021
201912 0.102 111.200 0.106
202003 -0.016 112.300 -0.016
202006 -0.035 110.400 -0.037
202009 -0.026 111.700 -0.027
202012 0.149 111.500 0.154
202103 -0.051 112.662 -0.052
202106 0.009 111.769 0.009
202109 -0.019 112.215 -0.020
202112 0.008 113.108 0.008
202203 -0.006 114.335 -0.006
202206 0.014 114.558 0.014
202209 0.000 115.339 0.000
202212 0.066 115.116 0.066
202303 -0.004 115.116 -0.004
202306 0.010 114.558 0.010
202309 0.011 115.339 0.011
202312 0.041 114.781 0.041
202403 -0.003 115.227 -0.003

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.


Jiangsu Zongyi Co  (SHSE:600770) 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.


Jiangsu Zongyi Co Cyclically Adjusted Price-to-FCF Related Terms

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Jiangsu Zongyi Co (SHSE:600770) Business Description

Traded in Other Exchanges
N/A
Address
Zongyi Digital City, Gold Village, Xingdong Town, Tongzhou District, Jiangsu Province, Tongzhou, CHN, 226376
Jiangsu Zongyi Co Ltd is a China-based supplier of solar photovoltaic (PV) system integration and the operator of PV power plant construction. The company has built and operated photovoltaic power plants in different countries such as the United States, Germany, Italy, Czech Republic, Bulgaria, and others.

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