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Shenma Industry Co (SHSE:600810) Cyclically Adjusted Price-to-FCF : 24.86 (As of Jun. 03, 2024)


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What is Shenma Industry Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-03), Shenma Industry Co's current share price is ¥6.96. Shenma Industry Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.28. Shenma Industry Co's Cyclically Adjusted Price-to-FCF for today is 24.86.

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

SHSE:600810' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.09   Med: 22.56   Max: 1158
Current: 25.12

During the past years, Shenma Industry Co's highest Cyclically Adjusted Price-to-FCF was 1158.00. The lowest was 6.09. And the median was 22.56.

SHSE:600810's Cyclically Adjusted Price-to-FCF is ranked worse than
50.52% of 576 companies
in the Chemicals industry
Industry Median: 24.85 vs SHSE:600810: 25.12

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.

Shenma Industry Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.674. 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 ¥0.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shenma Industry Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shenma Industry 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.

Shenma Industry Co Cyclically Adjusted Price-to-FCF Chart

Shenma Industry 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 10.51 16.15 24.32 16.29 19.47

Shenma Industry 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 24.21 21.63 22.66 19.47 24.45

Competitive Comparison of Shenma Industry Co's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, Shenma Industry 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.


Shenma Industry Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shenma Industry Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Shenma Industry 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.

Shenma Industry Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.96/0.28
=24.86

* 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.

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

For example, Shenma Industry 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)
=-0.674/115.2271*115.2271
=-0.674

Current CPI (Mar. 2024) = 115.2271.

Shenma Industry Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.566 98.200 1.838
201409 -0.211 98.900 -0.246
201412 0.560 99.000 0.652
201503 0.444 99.900 0.512
201506 0.281 99.500 0.325
201509 -0.598 100.500 -0.686
201512 -0.884 100.600 -1.013
201603 0.152 102.200 0.171
201606 0.418 101.400 0.475
201609 0.316 102.400 0.356
201612 0.992 102.600 1.114
201703 0.393 103.200 0.439
201706 0.659 103.100 0.737
201709 -0.598 104.100 -0.662
201712 -0.371 104.500 -0.409
201803 1.325 105.300 1.450
201806 -0.286 104.900 -0.314
201809 -0.271 106.600 -0.293
201812 0.309 106.500 0.334
201903 1.704 107.700 1.823
201906 -0.641 107.700 -0.686
201909 -0.305 109.800 -0.320
201912 1.889 111.200 1.957
202003 -0.918 112.300 -0.942
202006 6.827 110.400 7.126
202009 -1.993 111.700 -2.056
202012 -4.595 111.500 -4.749
202103 -0.465 112.662 -0.476
202106 -0.008 111.769 -0.008
202109 0.721 112.215 0.740
202112 -1.150 113.108 -1.172
202203 0.081 114.335 0.082
202206 0.033 114.558 0.033
202209 -0.102 115.339 -0.102
202212 -1.232 115.116 -1.233
202303 -0.501 115.116 -0.501
202306 -0.265 114.558 -0.267
202309 -0.771 115.339 -0.770
202312 0.255 114.781 0.256
202403 -0.674 115.227 -0.674

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.


Shenma Industry Co  (SHSE:600810) 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.


Shenma Industry Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Shenma Industry Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Shenma Industry Co (SHSE:600810) Business Description

Traded in Other Exchanges
N/A
Address
No. 63 Jianshe Middle Road, Pingdingshan, Henan, CHN, 467000
Shenma Industry Co Ltd is engaged in the production and distribution of Nylon 66 tyre cord fabric and other types of industrial yarn in China. Its products include dry adipic acid, cyclohexanol, cyclohexane, nylon 66 grey cloth, nylon 66 dipped type cord fabric, nylon 66 dipping tire bead cloth, nylon 66 dipping canvas, and nylon 66 industrial yarn.
Executives
Liu Xin Ye Director
Xu Ren Gang Director
Li Hong Bin Director
Li Ben Bin Director
Qi Wen Bing Director
Zhang Dian Zi Director
Li Wei Director
Wei Wei Director

Shenma Industry Co (SHSE:600810) Headlines

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