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Jiangsu Chunlan Refrigerating Equipment Stock Co (SHSE:600854) Cyclically Adjusted Price-to-FCF : 31.09 (As of Jun. 23, 2024)


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What is Jiangsu Chunlan Refrigerating Equipment Stock Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-23), Jiangsu Chunlan Refrigerating Equipment Stock Co's current share price is ¥3.42. Jiangsu Chunlan Refrigerating Equipment Stock Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.11. Jiangsu Chunlan Refrigerating Equipment Stock Co's Cyclically Adjusted Price-to-FCF for today is 31.09.

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

SHSE:600854' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 29.84   Med: 47.3   Max: 184
Current: 29.84

During the past years, Jiangsu Chunlan Refrigerating Equipment Stock Co's highest Cyclically Adjusted Price-to-FCF was 184.00. The lowest was 29.84. And the median was 47.30.

SHSE:600854's Cyclically Adjusted Price-to-FCF is ranked worse than
70.11% of 184 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 17.425 vs SHSE:600854: 29.84

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 Chunlan Refrigerating Equipment Stock Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.016. 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 ¥0.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Chunlan Refrigerating Equipment Stock Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Jiangsu Chunlan Refrigerating Equipment Stock 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 Chunlan Refrigerating Equipment Stock Co Cyclically Adjusted Price-to-FCF Chart

Jiangsu Chunlan Refrigerating Equipment Stock 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 - - 75.93 38.98 47.49

Jiangsu Chunlan Refrigerating Equipment Stock 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 41.53 55.87 43.66 47.49 38.30

Competitive Comparison of Jiangsu Chunlan Refrigerating Equipment Stock Co's Cyclically Adjusted Price-to-FCF

For the Furnishings, Fixtures & Appliances subindustry, Jiangsu Chunlan Refrigerating Equipment Stock 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 Chunlan Refrigerating Equipment Stock Co's Cyclically Adjusted Price-to-FCF Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Jiangsu Chunlan Refrigerating Equipment Stock Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Jiangsu Chunlan Refrigerating Equipment Stock 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 Chunlan Refrigerating Equipment Stock Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.42/0.11
=31.09

* 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 Chunlan Refrigerating Equipment Stock Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Jiangsu Chunlan Refrigerating Equipment Stock 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)
=0.016/115.2271*115.2271
=0.016

Current CPI (Mar. 2024) = 115.2271.

Jiangsu Chunlan Refrigerating Equipment Stock Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 98.200 0.000
201409 0.022 98.900 0.026
201412 0.042 99.000 0.049
201503 0.030 99.900 0.035
201506 -0.166 99.500 -0.192
201509 -0.026 100.500 -0.030
201512 -0.095 100.600 -0.109
201603 -0.021 102.200 -0.024
201606 -0.010 101.400 -0.011
201609 0.024 102.400 0.027
201612 -0.066 102.600 -0.074
201703 0.274 103.200 0.306
201706 0.121 103.100 0.135
201709 0.138 104.100 0.153
201712 0.147 104.500 0.162
201803 0.018 105.300 0.020
201806 -0.226 104.900 -0.248
201809 0.014 106.600 0.015
201812 -0.041 106.500 -0.044
201903 -0.014 107.700 -0.015
201906 0.088 107.700 0.094
201909 0.036 109.800 0.038
201912 0.004 111.200 0.004
202003 -0.034 112.300 -0.035
202006 0.049 110.400 0.051
202009 0.002 111.700 0.002
202012 0.046 111.500 0.048
202103 0.120 112.662 0.123
202106 0.079 111.769 0.081
202109 0.233 112.215 0.239
202112 0.135 113.108 0.138
202203 0.110 114.335 0.111
202206 0.081 114.558 0.081
202209 -0.003 115.339 -0.003
202212 -0.015 115.116 -0.015
202303 -0.056 115.116 -0.056
202306 -0.015 114.558 -0.015
202309 0.021 115.339 0.021
202312 0.015 114.781 0.015
202403 0.016 115.227 0.016

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 Chunlan Refrigerating Equipment Stock Co  (SHSE:600854) 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 Chunlan Refrigerating Equipment Stock Co Cyclically Adjusted Price-to-FCF Related Terms

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


Jiangsu Chunlan Refrigerating Equipment Stock Co (SHSE:600854) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Chunlan Road, Chunlan Industrial Park, 10th Floor, Jiangsu Province, Taizhou, CHN, 225300
Jiangsu Chunlan Refrigerating Equipment Stock Co Ltd is a China-based company. It is a diversified, high-tech and internationalized modern company in manufacturing, research, investment and trade areas. Its product profile includes Residential Air Conditioners, Commercial Air Conditioners, and Power Battery and BMS. Residential Air Conditioners are further divided into Africa Products, Australia Products, Mid-East Products, Asia Products, and others. Commercial Air Conditioners is divided into Light Commercial Products, Multi-connected DC Invertors Series, and Chiller Series.
Executives
Ma Shao Qian Director
Liu Shun Yu Supervisors
Xu Cheng Ye Supervisors

Jiangsu Chunlan Refrigerating Equipment Stock Co (SHSE:600854) Headlines

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