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Noblelift Intelligent Equipment Co (SHSE:603611) Cyclically Adjusted Price-to-FCF : 48.39 (As of May. 17, 2024)


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What is Noblelift Intelligent Equipment Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-17), Noblelift Intelligent Equipment Co's current share price is ¥21.29. Noblelift Intelligent Equipment Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.44. Noblelift Intelligent Equipment Co's Cyclically Adjusted Price-to-FCF for today is 48.39.

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

SHSE:603611' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 24.57   Med: 36.9   Max: 52.88
Current: 50.69

During the past years, Noblelift Intelligent Equipment Co's highest Cyclically Adjusted Price-to-FCF was 52.88. The lowest was 24.57. And the median was 36.90.

SHSE:603611's Cyclically Adjusted Price-to-FCF is ranked worse than
69.7% of 99 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 26.94 vs SHSE:603611: 50.69

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.

Noblelift Intelligent Equipment Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.691. 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 ¥0.44 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Noblelift Intelligent Equipment Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Noblelift Intelligent Equipment 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.

Noblelift Intelligent Equipment Co Cyclically Adjusted Price-to-FCF Chart

Noblelift Intelligent Equipment 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 - - - 23.97 36.91

Noblelift Intelligent Equipment 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 43.52 47.22 32.77 36.91 43.63

Competitive Comparison of Noblelift Intelligent Equipment Co's Cyclically Adjusted Price-to-FCF

For the Farm & Heavy Construction Machinery subindustry, Noblelift Intelligent Equipment 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.


Noblelift Intelligent Equipment Co's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Noblelift Intelligent Equipment Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Noblelift Intelligent Equipment 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.

Noblelift Intelligent Equipment Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=21.29/0.44
=48.39

* 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.

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

For example, Noblelift Intelligent Equipment 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)
=-0.691/115.2271*115.2271
=-0.691

Current CPI (Mar. 2024) = 115.2271.

Noblelift Intelligent Equipment Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.397 98.200 0.466
201409 0.002 98.900 0.002
201412 0.264 99.000 0.307
201503 -0.197 99.900 -0.227
201506 0.102 99.500 0.118
201509 0.168 100.500 0.193
201512 0.311 100.600 0.356
201603 -0.086 102.200 -0.097
201606 -0.001 101.400 -0.001
201609 0.213 102.400 0.240
201612 0.025 102.600 0.028
201703 -0.240 103.200 -0.268
201706 -0.024 103.100 -0.027
201709 0.324 104.100 0.359
201712 -0.186 104.500 -0.205
201803 -0.398 105.300 -0.436
201806 0.222 104.900 0.244
201809 0.045 106.600 0.049
201812 0.812 106.500 0.879
201903 -0.306 107.700 -0.327
201906 0.352 107.700 0.377
201909 0.324 109.800 0.340
201912 0.740 111.200 0.767
202003 -0.313 112.300 -0.321
202006 0.389 110.400 0.406
202009 0.529 111.700 0.546
202012 0.144 111.500 0.149
202103 -0.337 112.662 -0.345
202106 -0.656 111.769 -0.676
202109 0.153 112.215 0.157
202112 1.419 113.108 1.446
202203 -1.207 114.335 -1.216
202206 1.065 114.558 1.071
202209 0.110 115.339 0.110
202212 1.560 115.116 1.562
202303 -1.677 115.116 -1.679
202306 0.919 114.558 0.924
202309 0.830 115.339 0.829
202312 -1.001 114.781 -1.005
202403 -0.691 115.227 -0.691

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.


Noblelift Intelligent Equipment Co  (SHSE:603611) 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.


Noblelift Intelligent Equipment Co Cyclically Adjusted Price-to-FCF Related Terms

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Noblelift Intelligent Equipment Co (SHSE:603611) Business Description

Traded in Other Exchanges
N/A
Address
No.528, Jing Yi Road, Economic Development Zone, Changxing, Zhejiang, CHN, 313100
Noblelift Intelligent Equipment Co Ltd manufacturers that joined the industrial equipment. It is mainly engaged in the research, production, and sales of light industrial trucks and electric storage vehicles. The company's products and services include Hand pallet trucks, Industrial products, Forklift, Reach truck, Electric Stacker, After sales services, and others. It's products used in manufacturing, logistics, construction, military systems, textile industry, chemical industry, metallurgy industry, energy industry, and many other industries.

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