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FESCO Group Co (SHSE:600861) Cyclically Adjusted Price-to-FCF : (As of Jun. 12, 2024)


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What is FESCO Group Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


FESCO Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for FESCO Group 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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FESCO Group Co Cyclically Adjusted Price-to-FCF Chart

FESCO Group 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 - - - - 129.65

FESCO Group 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 - 707.36 - 129.65 -

Competitive Comparison of FESCO Group Co's Cyclically Adjusted Price-to-FCF

For the Staffing & Employment Services subindustry, FESCO Group 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.


FESCO Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, FESCO Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



FESCO Group 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.

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

For example, FESCO Group 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)
=-1.302/115.2271*115.2271
=-1.302

Current CPI (Mar. 2024) = 115.2271.

FESCO Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.442 98.200 -0.519
201409 -0.279 98.900 -0.325
201412 -0.952 99.000 -1.108
201503 -0.244 99.900 -0.281
201506 -0.346 99.500 -0.401
201509 0.205 100.500 0.235
201512 -0.528 100.600 -0.605
201603 -0.066 102.200 -0.074
201606 -0.005 101.400 -0.006
201609 1.400 102.400 1.575
201612 1.221 102.600 1.371
201703 0.361 103.200 0.403
201706 -0.459 103.100 -0.513
201709 -0.327 104.100 -0.362
201712 -0.256 104.500 -0.282
201803 0.030 105.300 0.033
201806 -0.116 104.900 -0.127
201809 0.042 106.600 0.045
201812 -0.001 106.500 -0.001
201903 -0.060 107.700 -0.064
201906 -0.286 107.700 -0.306
201909 0.129 109.800 0.135
201912 -0.158 111.200 -0.164
202003 -0.107 112.300 -0.110
202006 -0.046 110.400 -0.048
202009 0.201 111.700 0.207
202012 0.029 111.500 0.030
202103 0.116 112.662 0.119
202106 0.039 111.769 0.040
202109 0.121 112.215 0.124
202112 -0.005 113.108 -0.005
202203 -0.022 114.335 -0.022
202206 -0.747 114.558 -0.751
202209 0.286 115.339 0.286
202212 0.481 115.116 0.481
202303 0.474 115.116 0.474
202306 0.088 114.558 0.089
202309 -0.228 115.339 -0.228
202312 0.915 114.781 0.919
202403 -1.302 115.227 -1.302

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.


FESCO Group Co  (SHSE:600861) 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.


FESCO Group Co Cyclically Adjusted Price-to-FCF Related Terms

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FESCO Group Co (SHSE:600861) Business Description

Traded in Other Exchanges
N/A
Address
No. 23, Fuxing Road, Haidian District, Beijing, CHN, 100022
FESCO Group Co Ltd is engaged in the provision of human resources services, including personnel management services, compensation and welfare services, business outsourcing services, recruitment and flexible employment services and others.
Executives
Wang Lu Zheng Director
Chen Hong Director
Zhou He Ping Director
Yuan Li senior management
Zhao Lei senior management

FESCO Group Co (SHSE:600861) Headlines

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