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Sinomach Heavy Equipment Group Co (SHSE:601399) Cyclically Adjusted Price-to-FCF : (As of Apr. 30, 2024)


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What is Sinomach Heavy Equipment Group Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sinomach Heavy Equipment Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sinomach Heavy Equipment 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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Sinomach Heavy Equipment Group Co Cyclically Adjusted Price-to-FCF Chart

Sinomach Heavy Equipment Group Co Annual Data
Trend Dec13 Dec14 Dec15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Sinomach Heavy Equipment Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Sinomach Heavy Equipment Group Co's Cyclically Adjusted Price-to-FCF

For the Metal Fabrication subindustry, Sinomach Heavy Equipment 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.


Sinomach Heavy Equipment Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sinomach Heavy Equipment Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Sinomach Heavy Equipment 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.

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

For example, Sinomach Heavy Equipment 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)
=-0.065/114.6694*114.6694
=-0.065

Current CPI (Mar. 2024) = 114.6694.

Sinomach Heavy Equipment Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201209 -0.477 94.482 -0.579
201212 -0.109 95.237 -0.131
201303 -0.237 96.372 -0.282
201306 -0.119 95.984 -0.142
201309 -0.266 97.332 -0.313
201312 0.242 97.624 0.284
201403 -0.110 98.600 -0.128
201406 0.000 98.200 0.000
201409 -0.119 98.900 -0.138
201412 -0.256 99.000 -0.297
201503 -0.341 99.900 -0.391
201506 -0.066 99.500 -0.076
201509 -0.256 100.500 -0.292
201512 -0.178 100.600 -0.203
201712 0.000 104.500 0.000
201803 -0.149 105.300 -0.162
201806 -0.016 104.900 -0.017
201809 0.308 106.600 0.331
201812 0.093 106.500 0.100
201903 -0.081 107.700 -0.086
201906 -0.045 107.700 -0.048
201909 -0.026 109.800 -0.027
201912 0.049 111.200 0.051
202003 -0.070 112.300 -0.071
202006 -0.030 110.400 -0.031
202009 -0.012 111.700 -0.012
202012 -0.052 111.500 -0.053
202103 -0.020 112.662 -0.020
202106 0.012 111.769 0.012
202109 0.022 112.215 0.022
202112 0.053 113.108 0.054
202203 -0.127 114.335 -0.127
202206 0.035 114.558 0.035
202209 0.114 115.339 0.113
202212 0.136 115.116 0.135
202303 -0.031 115.116 -0.031
202306 -0.080 114.558 -0.080
202309 0.019 115.339 0.019
202312 0.096 114.669 0.096
202403 -0.065 114.669 -0.065

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.


Sinomach Heavy Equipment Group Co  (SHSE:601399) 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.


Sinomach Heavy Equipment Group Co Cyclically Adjusted Price-to-FCF Related Terms

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Sinomach Heavy Equipment Group Co (SHSE:601399) Business Description

Traded in Other Exchanges
N/A
Address
No.99 Zhujiang East Road, Sichuan Province, Deyang, CHN, 618000
Sinomach Heavy Equipment Group Co Ltd is engaged in designing, production and sales of technical equipment and heavy casting and forging steel products and engineering general contracting and sale of electricity business.

Sinomach Heavy Equipment Group Co (SHSE:601399) Headlines

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