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Guangdong Songfa Ceramics Co (SHSE:603268) Cyclically Adjusted Price-to-FCF : 254.00 (As of Sep. 22, 2024)


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What is Guangdong Songfa Ceramics Co Cyclically Adjusted Price-to-FCF?

As of today (2024-09-22), Guangdong Songfa Ceramics Co's current share price is ¥12.70. Guangdong Songfa Ceramics Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was ¥0.05. Guangdong Songfa Ceramics Co's Cyclically Adjusted Price-to-FCF for today is 254.00.

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

SHSE:603268' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 151.78   Med: 251.26   Max: 365.8
Current: 244.98

During the past years, Guangdong Songfa Ceramics Co's highest Cyclically Adjusted Price-to-FCF was 365.80. The lowest was 151.78. And the median was 251.26.

SHSE:603268's Cyclically Adjusted Price-to-FCF is ranked worse than
97.11% of 173 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 15.69 vs SHSE:603268: 244.98

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.

Guangdong Songfa Ceramics Co's adjusted free cash flow per share data for the three months ended in Jun. 2024 was ¥-0.134. 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 ¥0.05 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Guangdong Songfa Ceramics Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Guangdong Songfa Ceramics 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.

Guangdong Songfa Ceramics Co Cyclically Adjusted Price-to-FCF Chart

Guangdong Songfa Ceramics 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 - - - - 261.31

Guangdong Songfa Ceramics Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 299.32 276.90 261.31 344.27 260.48

Competitive Comparison of Guangdong Songfa Ceramics Co's Cyclically Adjusted Price-to-FCF

For the Furnishings, Fixtures & Appliances subindustry, Guangdong Songfa Ceramics 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.


Guangdong Songfa Ceramics Co's Cyclically Adjusted Price-to-FCF Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Guangdong Songfa Ceramics Co's Cyclically Adjusted Price-to-FCF falls into.



Guangdong Songfa Ceramics 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.

Guangdong Songfa Ceramics Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.70/0.05
=254.00

* 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.

Guangdong Songfa Ceramics Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Guangdong Songfa Ceramics 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)
=-0.134/114.7809*114.7809
=-0.134

Current CPI (Jun. 2024) = 114.7809.

Guangdong Songfa Ceramics Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 -0.187 98.900 -0.217
201412 0.561 99.000 0.650
201503 -0.197 99.900 -0.226
201506 -0.042 99.500 -0.048
201509 -0.058 100.500 -0.066
201512 0.108 100.600 0.123
201603 0.074 102.200 0.083
201606 -0.146 101.400 -0.165
201609 0.074 102.400 0.083
201612 0.262 102.600 0.293
201703 -0.167 103.200 -0.186
201706 -0.047 103.100 -0.052
201709 -0.071 104.100 -0.078
201712 0.158 104.500 0.174
201803 -0.004 105.300 -0.004
201806 -0.052 104.900 -0.057
201809 -0.104 106.600 -0.112
201812 0.222 106.500 0.239
201903 0.090 107.700 0.096
201906 0.001 107.700 0.001
201909 0.472 109.800 0.493
201912 -0.090 111.200 -0.093
202003 0.105 112.300 0.107
202006 0.119 110.400 0.124
202009 -0.008 111.700 -0.008
202012 0.167 111.500 0.172
202103 -0.220 112.662 -0.224
202106 0.040 111.769 0.041
202109 -0.192 112.215 -0.196
202112 -0.052 113.108 -0.053
202203 0.044 114.335 0.044
202206 -0.066 114.558 -0.066
202209 0.019 115.339 0.019
202212 -0.004 115.116 -0.004
202303 -0.001 115.116 -0.001
202306 -0.040 114.558 -0.040
202309 -0.150 115.339 -0.149
202312 0.006 114.781 0.006
202403 -0.045 115.227 -0.045
202406 -0.134 114.781 -0.134

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.


Guangdong Songfa Ceramics Co  (SHSE:603268) 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.


Guangdong Songfa Ceramics Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Guangdong Songfa Ceramics Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Guangdong Songfa Ceramics Co Business Description

Traded in Other Exchanges
N/A
Address
No. 20, Ruyi Road Industrial Park, Building C2-2, Fengxi District, Chaozhou, CHN, 521031
Guangdong Songfa Ceramics Co Ltd is engaged in research & development, design, production and sale of daily-use ceramics products. It produce household porcelain, custom porcelain and hotel porcelain and other daily-use ceramic products and also products like cover tableware, tea sets, coffee utensils, display porcelain, art collection porcelain and stainless steel, crystal And household items such as glass.
Executives
Lin Dao Fan Director
Dong Wei senior management
You Sha Director
Chen Li Yuan senior management
Zhang Rui Hao senior management
Ceng Wen Guang Director
Lin Qiu Lan Director

Guangdong Songfa Ceramics Co Headlines

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