GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Dongguan HuaLi Industries Co Ltd (SHSE:603038) » Definitions » Cyclically Adjusted Price-to-FCF

Dongguan HuaLi Industries Co (SHSE:603038) Cyclically Adjusted Price-to-FCF : (As of Sep. 21, 2024)


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What is Dongguan HuaLi Industries Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dongguan HuaLi Industries Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Dongguan HuaLi Industries 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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Dongguan HuaLi Industries Co Cyclically Adjusted Price-to-FCF Chart

Dongguan HuaLi Industries Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Dongguan HuaLi Industries Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Competitive Comparison of Dongguan HuaLi Industries Co's Cyclically Adjusted Price-to-FCF

For the Furnishings, Fixtures & Appliances subindustry, Dongguan HuaLi Industries 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.


Dongguan HuaLi Industries Co's Cyclically Adjusted Price-to-FCF Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Dongguan HuaLi Industries Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Dongguan HuaLi Industries Co's Cyclically Adjusted Price-to-FCF falls into.



Dongguan HuaLi Industries 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.

Dongguan HuaLi Industries Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Dongguan HuaLi Industries Co's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.1/114.7809*114.7809
=0.100

Current CPI (Jun. 2024) = 114.7809.

Dongguan HuaLi Industries Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201409 0.000 98.900 0.000
201412 0.000 99.000 0.000
201509 0.000 100.500 0.000
201512 0.000 100.600 0.000
201603 -0.072 102.200 -0.081
201606 0.086 101.400 0.097
201609 -0.008 102.400 -0.009
201612 0.176 102.600 0.197
201703 -0.188 103.200 -0.209
201706 -0.061 103.100 -0.068
201709 -0.202 104.100 -0.223
201712 0.006 104.500 0.007
201803 -0.064 105.300 -0.070
201806 0.077 104.900 0.084
201809 -0.026 106.600 -0.028
201812 -0.033 106.500 -0.036
201903 -0.216 107.700 -0.230
201906 0.083 107.700 0.088
201909 -0.021 109.800 -0.022
201912 0.280 111.200 0.289
202003 -0.485 112.300 -0.496
202006 0.229 110.400 0.238
202009 -0.193 111.700 -0.198
202012 0.237 111.500 0.244
202103 -0.704 112.662 -0.717
202106 -0.256 111.769 -0.263
202109 -0.169 112.215 -0.173
202112 -0.137 113.108 -0.139
202203 -0.356 114.335 -0.357
202206 -0.061 114.558 -0.061
202209 -0.187 115.339 -0.186
202212 0.298 115.116 0.297
202303 -0.264 115.116 -0.263
202306 0.184 114.558 0.184
202309 -0.089 115.339 -0.089
202312 0.053 114.781 0.053
202403 -0.062 115.227 -0.062
202406 0.100 114.781 0.100

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.


Dongguan HuaLi Industries Co  (SHSE:603038) 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.


Dongguan HuaLi Industries Co Cyclically Adjusted Price-to-FCF Related Terms

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Dongguan HuaLi Industries Co Business Description

Traded in Other Exchanges
N/A
Address
Songbaitang Village, Huali Industrial District, Changping Town, Guangdong Province, Dongguan, CHN, 523561
Dongguan HuaLi Industries Co Ltd manufactures decoration materials. The company produces and distributes edge banding decoration materials, special type decoration materials, and other decorative materials. It is mainly used for edge sealing, surface decoration and indoor decoration of panel furniture Decoration, decoration.
Executives
Tan Hong Ru Director
Xie Shao Zhuang Director
Lu Xu Qiu Director
Wang Tang Xin Directors, senior managers
Xie Zhi Kun Directors, senior managers
Xiao Zi Jun senior management

Dongguan HuaLi Industries Co Headlines

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