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China Shenhua Energy Co (SHSE:601088) Cyclically Adjusted Price-to-FCF : 13.50 (As of Apr. 30, 2024)


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What is China Shenhua Energy Co Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), China Shenhua Energy Co's current share price is ¥39.83. China Shenhua Energy Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ¥2.95. China Shenhua Energy Co's Cyclically Adjusted Price-to-FCF for today is 13.50.

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

SHSE:601088' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.5   Med: 10.58   Max: 17.16
Current: 13.4

During the past years, China Shenhua Energy Co's highest Cyclically Adjusted Price-to-FCF was 17.16. The lowest was 6.50. And the median was 10.58.

SHSE:601088's Cyclically Adjusted Price-to-FCF is ranked worse than
61.11% of 72 companies
in the Other Energy Sources industry
Industry Median: 10.59 vs SHSE:601088: 13.40

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.

China Shenhua Energy Co's adjusted free cash flow per share data for the three months ended in Dec. 2023 was ¥0.203. 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 ¥2.95 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Shenhua Energy Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Shenhua Energy 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.

China Shenhua Energy Co Cyclically Adjusted Price-to-FCF Chart

China Shenhua Energy 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 8.51 7.94 8.79 10.18 10.62

China Shenhua Energy Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 10.18 10.17 10.72 10.61 10.62

Competitive Comparison of China Shenhua Energy Co's Cyclically Adjusted Price-to-FCF

For the Thermal Coal subindustry, China Shenhua Energy 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.


China Shenhua Energy Co's Cyclically Adjusted Price-to-FCF Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, China Shenhua Energy Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China Shenhua Energy Co's Cyclically Adjusted Price-to-FCF falls into.



China Shenhua Energy 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.

China Shenhua Energy Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=39.83/2.95
=13.50

* 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.

China Shenhua Energy Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, China Shenhua Energy Co'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)
=0.203/114.6694*114.6694
=0.203

Current CPI (Dec. 2023) = 114.6694.

China Shenhua Energy Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.014 98.600 0.016
201406 0.687 98.200 0.802
201409 0.935 98.900 1.084
201412 -0.433 99.000 -0.502
201503 0.282 99.900 0.324
201506 0.792 99.500 0.913
201509 -0.025 100.500 -0.029
201512 0.234 100.600 0.267
201603 0.614 102.200 0.689
201606 0.855 101.400 0.967
201609 0.963 102.400 1.078
201612 0.223 102.600 0.249
201703 1.101 103.200 1.223
201706 0.759 103.100 0.844
201709 1.529 104.100 1.684
201712 0.376 104.500 0.413
201803 0.453 105.300 0.493
201806 0.775 104.900 0.847
201809 1.553 106.600 1.671
201812 0.604 106.500 0.650
201903 1.414 107.700 1.506
201906 0.258 107.700 0.275
201909 0.630 109.800 0.658
201912 -0.083 111.200 -0.086
202003 1.363 112.300 1.392
202006 0.939 110.400 0.975
202009 0.754 111.700 0.774
202012 -0.008 111.500 -0.008
202103 0.570 112.662 0.580
202106 0.928 111.769 0.952
202109 1.018 112.215 1.040
202112 1.042 113.108 1.056
202203 1.135 114.335 1.138
202206 1.194 114.558 1.195
202209 1.352 115.339 1.344
202212 0.398 115.116 0.396
202303 0.926 115.116 0.922
202306 0.590 114.558 0.591
202309 0.929 115.339 0.924
202312 0.203 114.669 0.203

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.


China Shenhua Energy Co  (SHSE:601088) 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.


China Shenhua Energy Co Cyclically Adjusted Price-to-FCF Related Terms

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China Shenhua Energy Co (SHSE:601088) Business Description

Traded in Other Exchanges
Address
No. 22, Andingmen Xibinhe Road, Dongcheng District, Beijing, CHN, 100011
China Shenhua Energy Co Ltd is a globally-leading integrated coal-based energy company, mainly engaging in seven business segments, namely coal, electricity, new energy, coal-to-chemicals, railway, port handling, and shipping. Focusing on its core coal mining operation, China Shenhua leverages its self-developed transportation and sales network as well as downstream power plants, coal-to-chemicals facilities and new energy projects to achieve cross-sector and cross-industry integrated development and operation.

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