GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » MingYang Smart Energy Group Ltd (SHSE:601615) » Definitions » Cyclically Adjusted Price-to-FCF

MingYang Smart Energy Group (SHSE:601615) Cyclically Adjusted Price-to-FCF : (As of Jul. 12, 2025)


View and export this data going back to 2019. Start your Free Trial

What is MingYang Smart Energy Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


MingYang Smart Energy Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for MingYang Smart Energy Group'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.

MingYang Smart Energy Group Cyclically Adjusted Price-to-FCF Chart

MingYang Smart Energy Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 727.16 - - - -

MingYang Smart Energy Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - - -

Competitive Comparison of MingYang Smart Energy Group's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, MingYang Smart Energy Group'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.


MingYang Smart Energy Group's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, MingYang Smart Energy Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where MingYang Smart Energy Group's Cyclically Adjusted Price-to-FCF falls into.


;
;

MingYang Smart Energy Group 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.

MingYang Smart Energy Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, MingYang Smart Energy Group's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-1.265/115.1156*115.1156
=-1.265

Current CPI (Mar. 2025) = 115.1156.

MingYang Smart Energy Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.219 99.500 0.253
201509 -0.103 100.500 -0.118
201512 0.079 100.600 0.090
201603 -0.156 102.200 -0.176
201606 -0.807 101.400 -0.916
201609 0.110 102.400 0.124
201612 0.363 102.600 0.407
201703 -0.592 103.200 -0.660
201706 -0.274 103.100 -0.306
201709 0.055 104.100 0.061
201712 0.306 104.500 0.337
201803 -1.140 105.300 -1.246
201806 0.232 104.900 0.255
201809 -0.473 106.600 -0.511
201812 0.008 106.500 0.009
201903 -0.946 107.700 -1.011
201906 -0.043 107.700 -0.046
201909 0.429 109.800 0.450
201912 2.779 111.200 2.877
202003 0.648 112.300 0.664
202006 0.823 110.400 0.858
202009 -1.135 111.700 -1.170
202012 -0.095 111.500 -0.098
202103 -1.256 112.662 -1.283
202106 0.175 111.769 0.180
202109 0.148 112.215 0.152
202112 -0.134 113.108 -0.136
202203 -2.618 114.335 -2.636
202206 -0.502 114.558 -0.504
202209 -1.824 115.339 -1.820
202212 1.199 115.116 1.199
202303 -1.696 115.116 -1.696
202306 -1.477 114.558 -1.484
202309 -0.673 115.339 -0.672
202312 -0.725 114.781 -0.727
202403 -1.809 115.227 -1.807
202406 -1.542 114.781 -1.546
202409 -0.946 115.785 -0.941
202412 0.667 114.893 0.668
202503 -1.265 115.116 -1.265

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.


MingYang Smart Energy Group  (SHSE:601615) 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.


MingYang Smart Energy Group Cyclically Adjusted Price-to-FCF Related Terms

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


MingYang Smart Energy Group Business Description

Traded in Other Exchanges
Address
Mingyang Industrial Park, No. 22, Huoju Avenue, Zhongshan Torch High-tech Industrial Development Z, Zhongshan, Guangdong, CHN, 528400
MingYang Smart Energy Group Ltd is a wind turbine manufacturer that provides accessible green and smart energy and a full lifecycle renewable solutions provider. The Group's business is divided into segments namely High-end energy equipment manufacturing sector, wind turbine equipment manufacturing and sales, Operation and maintenance services and photovoltaic products manufacturing and sales; and Energy products and services sector, energy investment project construction, management, operation and power demand side management, energy efficiency management.
Executives
Zhang Chuan Wei Directors, senior managers
Shen Zhong Min Directors, senior managers
Zhang Qi Ying Directors, senior managers
Yu Jiang Tao senior management
Liang Cai Fa senior management
Wang Dong Dong senior management
Yi Ling Na senior management
Zhang Zhong Hai senior management
Wang Jin Fa Directors, senior managers
Cheng Jia Wan senior management
Liu Jian Jun senior management
Yang Pu senior management
Zhang Rui Director

MingYang Smart Energy Group Headlines

No Headlines