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Zijin Mining Group Co (SHSE:601899) Cyclically Adjusted Price-to-FCF : 117.40 (As of Apr. 30, 2024)


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What is Zijin Mining Group Co Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), Zijin Mining Group Co's current share price is ¥17.61. Zijin Mining Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.15. Zijin Mining Group Co's Cyclically Adjusted Price-to-FCF for today is 117.40.

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

SHSE:601899' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 49.67   Med: 95.3   Max: 239.4
Current: 120.04

During the past years, Zijin Mining Group Co's highest Cyclically Adjusted Price-to-FCF was 239.40. The lowest was 49.67. And the median was 95.30.

SHSE:601899's Cyclically Adjusted Price-to-FCF is ranked worse than
89.96% of 249 companies
in the Metals & Mining industry
Industry Median: 21.25 vs SHSE:601899: 120.04

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.

Zijin Mining Group Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.072. 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 ¥0.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zijin Mining Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zijin Mining 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.

* Premium members only.

Zijin Mining Group Co Cyclically Adjusted Price-to-FCF Chart

Zijin Mining Group 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 80.37 162.20 113.46 85.84 -

Zijin Mining Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 93.18 82.64 88.80 - 110.51

Competitive Comparison of Zijin Mining Group Co's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Zijin Mining 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.


Zijin Mining Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Zijin Mining Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Zijin Mining 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.

Zijin Mining Group Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=17.61/0.15
=117.40

* 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.

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

For example, Zijin Mining 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)
=0.072/114.6694*114.6694
=0.072

Current CPI (Mar. 2024) = 114.6694.

Zijin Mining Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.014 98.200 -0.016
201409 -0.008 98.900 -0.009
201412 0.042 99.000 0.049
201503 0.020 99.900 0.023
201506 0.068 99.500 0.078
201509 0.024 100.500 0.027
201512 0.138 100.600 0.157
201603 -0.015 102.200 -0.017
201606 0.079 101.400 0.089
201609 0.041 102.400 0.046
201612 0.038 102.600 0.042
201703 0.020 103.200 0.022
201706 0.056 103.100 0.062
201709 0.070 104.100 0.077
201712 0.068 104.500 0.075
201803 0.017 105.300 0.019
201806 0.114 104.900 0.125
201809 0.008 106.600 0.009
201812 -0.034 106.500 -0.037
201903 -0.008 107.700 -0.009
201906 0.033 107.700 0.035
201909 -0.021 109.800 -0.022
201912 -0.051 111.200 -0.053
202003 0.026 112.300 0.027
202006 0.080 110.400 0.083
202009 -0.041 111.700 -0.042
202012 -0.047 111.500 -0.048
202103 0.051 112.662 0.052
202106 0.004 111.769 0.004
202109 0.064 112.215 0.065
202112 0.101 113.108 0.102
202203 0.087 114.335 0.087
202206 0.160 114.558 0.160
202209 0.043 115.339 0.043
202212 -0.140 115.116 -0.139
202303 0.124 115.116 0.124
202306 0.005 114.558 0.005
202309 0.117 115.339 0.116
202312 0.000 114.669 0.000
202403 0.072 114.669 0.072

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.


Zijin Mining Group Co  (SHSE:601899) 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.


Zijin Mining Group Co Cyclically Adjusted Price-to-FCF Related Terms

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Zijin Mining Group Co (SHSE:601899) Business Description

Traded in Other Exchanges
Address
No.1 Zijin Road, Zijin Tower, Fujian Province, Shanghang County, Longyan, CHN, 364200
Zijin Mining Group Co Ltd is focusing on the exploration and development of gold and copper and other metal mineral resources. The company's operating segment includes Gold bullion; Processed, refined, and trading gold; Gold concentrates; Electrolytic copper & electrodeposited copper; Refined copper; Copper concentrates; Other concentrates; Zinc bullion, Environmental protection, trading, and others. It generates maximum revenue from the Processed, refined & trading gold segment. The Processed, refined, and trading gold segment is engaged in the production of gold bullion by processing gold concentrates produced by the group or purchased from external suppliers and gold bullion in the business of physical gold trading. Geographically, the majority is derived from Mainland China.

Zijin Mining Group Co (SHSE:601899) Headlines

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