GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Caida Securities Co Ltd (SHSE:600906) » Definitions » Cyclically Adjusted Price-to-FCF

Caida Securities Co (SHSE:600906) Cyclically Adjusted Price-to-FCF : 30.58 (As of Sep. 21, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Caida Securities Co Cyclically Adjusted Price-to-FCF?

As of today (2024-09-21), Caida Securities Co's current share price is ¥5.81. Caida Securities Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was ¥0.19. Caida Securities Co's Cyclically Adjusted Price-to-FCF for today is 30.58.

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

SHSE:600906' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 29.32   Med: 42.19   Max: 87.44
Current: 29.78

During the past years, Caida Securities Co's highest Cyclically Adjusted Price-to-FCF was 87.44. The lowest was 29.32. And the median was 42.19.

SHSE:600906's Cyclically Adjusted Price-to-FCF is ranked worse than
63.27% of 226 companies
in the Capital Markets industry
Industry Median: 19.45 vs SHSE:600906: 29.78

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.

Caida Securities Co's adjusted free cash flow per share data for the three months ended in Jun. 2024 was ¥0.173. 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 ¥0.19 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Caida Securities Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Caida Securities 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.

Caida Securities Co Cyclically Adjusted Price-to-FCF Chart

Caida Securities 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 - - - - 79.03

Caida Securities Co Quarterly Data
Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - 79.03 43.11 29.73

Competitive Comparison of Caida Securities Co's Cyclically Adjusted Price-to-FCF

For the Capital Markets subindustry, Caida Securities 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.


Caida Securities Co's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Caida Securities Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Caida Securities 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.

Caida Securities Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.81/0.19
=30.58

* 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.

Caida Securities Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Caida Securities Co's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.173/114.7809*114.7809
=0.173

Current CPI (Jun. 2024) = 114.7809.

Caida Securities Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200812 0.000 83.956 0.000
200912 0.000 85.386 0.000
201012 0.000 89.289 0.000
201112 0.000 92.885 0.000
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201503 0.000 99.900 0.000
201506 0.000 99.500 0.000
201509 0.000 100.500 0.000
201512 0.000 100.600 0.000
201603 0.000 102.200 0.000
201606 0.000 101.400 0.000
201612 0.000 102.600 0.000
201706 0.000 103.100 0.000
201712 0.000 104.500 0.000
201803 0.000 105.300 0.000
201806 0.000 104.900 0.000
201812 0.000 106.500 0.000
201903 0.000 107.700 0.000
201906 0.000 107.700 0.000
201912 0.000 111.200 0.000
202003 0.424 112.300 0.433
202006 0.497 110.400 0.517
202009 -0.596 111.700 -0.612
202012 0.107 111.500 0.110
202103 -0.114 112.662 -0.116
202106 -0.294 111.769 -0.302
202109 0.069 112.215 0.071
202112 0.242 113.108 0.246
202203 -0.133 114.335 -0.134
202206 0.636 114.558 0.637
202209 -0.811 115.339 -0.807
202212 0.509 115.116 0.508
202303 0.309 115.116 0.308
202306 -0.292 114.558 -0.293
202309 -0.827 115.339 -0.823
202312 0.637 114.781 0.637
202403 0.316 115.227 0.315
202406 0.173 114.781 0.173

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.


Caida Securities Co  (SHSE:600906) 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.


Caida Securities Co Cyclically Adjusted Price-to-FCF Related Terms

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


Caida Securities Co Business Description

Traded in Other Exchanges
N/A
Address
No. 35, Ziqiang Road, Hebei Province, Shijiazhuang, CHN, 050000
Caida Securities Co Ltd is engaged in securities brokerage, securities investment consulting, securities underwriting and sponsorship, securities self-operation, securities asset management, margin trading and securities lending, securities investment fund agency sales, financial advisors related to securities trading and securities investment activities, financial products sales agency.

Caida Securities Co Headlines

No Headlines