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CECEP Wind Power (SHSE:601016) Cyclically Adjusted Price-to-FCF : (As of May. 01, 2024)


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What is CECEP Wind Power Cyclically Adjusted Price-to-FCF?

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CECEP Wind Power Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CECEP Wind Power'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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CECEP Wind Power Cyclically Adjusted Price-to-FCF Chart

CECEP Wind Power Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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CECEP Wind Power Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of CECEP Wind Power's Cyclically Adjusted Price-to-FCF

For the Utilities - Renewable subindustry, CECEP Wind Power'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.


CECEP Wind Power's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, CECEP Wind Power's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where CECEP Wind Power's Cyclically Adjusted Price-to-FCF falls into.



CECEP Wind Power 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.

CECEP Wind Power's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, CECEP Wind Power's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.033/114.6694*114.6694
=0.033

Current CPI (Dec. 2023) = 114.6694.

CECEP Wind Power Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.126 98.600 -0.147
201406 0.093 98.200 0.109
201409 -0.007 98.900 -0.008
201412 -0.117 99.000 -0.136
201503 0.051 99.900 0.059
201506 -0.373 99.500 -0.430
201509 -0.086 100.500 -0.098
201512 -0.078 100.600 -0.089
201603 -0.157 102.200 -0.176
201606 -0.194 101.400 -0.219
201609 -0.045 102.400 -0.050
201612 -0.040 102.600 -0.045
201703 -0.056 103.200 -0.062
201706 -0.163 103.100 -0.181
201709 -0.111 104.100 -0.122
201712 0.022 104.500 0.024
201803 -0.034 105.300 -0.037
201806 -0.012 104.900 -0.013
201809 0.036 106.600 0.039
201812 -0.040 106.500 -0.043
201903 -0.023 107.700 -0.024
201906 -0.051 107.700 -0.054
201909 -0.018 109.800 -0.019
201912 -0.106 111.200 -0.109
202003 -0.200 112.300 -0.204
202006 -0.528 110.400 -0.548
202009 -0.299 111.700 -0.307
202012 -0.222 111.500 -0.228
202103 -0.224 112.662 -0.228
202106 -0.205 111.769 -0.210
202109 -0.239 112.215 -0.244
202112 -0.049 113.108 -0.050
202203 -0.028 114.335 -0.028
202206 0.052 114.558 0.052
202209 0.110 115.339 0.109
202212 0.195 115.116 0.194
202303 0.056 115.116 0.056
202306 0.025 114.558 0.025
202309 0.045 115.339 0.045
202312 0.033 114.669 0.033

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.


CECEP Wind Power  (SHSE:601016) 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.


CECEP Wind Power Cyclically Adjusted Price-to-FCF Related Terms

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CECEP Wind Power (SHSE:601016) Business Description

Traded in Other Exchanges
N/A
Address
Jieneng Mansion No.42, Xizhimen North Street, 12F Building A, Haidian District, Beijing, CHN, 100082
CECEP Wind Power Corp is a China-based company engages in the development, investment management, construction, operation and maintenance of wind power projects. It also involves in integrated resource exploration as well as engages in the manufacture and construction of turbine design. It holds main wind power station projects, which situated at Zhangbei, Hebei province, Dabancheng, Xinjiang Province, and Jiuquan, Gansu province, China.

CECEP Wind Power (SHSE:601016) Headlines

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