GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang XCC Group Co Ltd (SHSE:603667) » Definitions » Cyclically Adjusted Price-to-FCF

Zhejiang XCC Group Co (SHSE:603667) Cyclically Adjusted Price-to-FCF : (As of Dec. 15, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Zhejiang XCC Group Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang XCC Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zhejiang XCC 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.

Zhejiang XCC Group Co Cyclically Adjusted Price-to-FCF Chart

Zhejiang XCC 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 - - - - -

Zhejiang XCC Group Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Zhejiang XCC Group Co's Cyclically Adjusted Price-to-FCF

For the Tools & Accessories subindustry, Zhejiang XCC 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.


Zhejiang XCC Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Zhejiang XCC 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.

Zhejiang XCC Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Zhejiang XCC Group Co's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.02/115.7848*115.7848
=0.020

Current CPI (Sep. 2024) = 115.7848.

Zhejiang XCC Group 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
201412 0.000 99.000 0.000
201509 0.000 100.500 0.000
201512 0.000 100.600 0.000
201603 0.114 102.200 0.129
201606 0.113 101.400 0.129
201609 0.075 102.400 0.085
201612 -0.070 102.600 -0.079
201703 0.064 103.200 0.072
201706 -0.207 103.100 -0.232
201709 0.206 104.100 0.229
201712 -0.248 104.500 -0.275
201803 -0.103 105.300 -0.113
201806 -0.105 104.900 -0.116
201809 -0.213 106.600 -0.231
201812 0.110 106.500 0.120
201903 0.039 107.700 0.042
201906 -0.037 107.700 -0.040
201909 0.142 109.800 0.150
201912 0.110 111.200 0.115
202003 0.189 112.300 0.195
202006 -0.123 110.400 -0.129
202009 0.020 111.700 0.021
202012 0.029 111.500 0.030
202103 0.222 112.662 0.228
202106 -0.795 111.769 -0.824
202109 0.061 112.215 0.063
202112 -0.243 113.108 -0.249
202203 -0.049 114.335 -0.050
202206 -0.413 114.558 -0.417
202209 -0.075 115.339 -0.075
202212 0.439 115.116 0.442
202303 -0.030 115.116 -0.030
202306 -0.133 114.558 -0.134
202309 0.036 115.339 0.036
202312 0.384 114.781 0.387
202403 -0.058 115.227 -0.058
202406 0.164 114.781 0.165
202409 0.020 115.785 0.020

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.


Zhejiang XCC Group Co  (SHSE:603667) 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.


Zhejiang XCC Group Co Cyclically Adjusted Price-to-FCF Related Terms

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


Zhejiang XCC Group Co Business Description

Traded in Other Exchanges
N/A
Address
No.199, Taitan Main Road, Xinchang County, Zhejiang Province, Shaoxing, CHN, 312500
Zhejiang XCC Group Co Ltd is operating in the bearing industry. The company mainly produces high-precision, low-noise deep groove ball bearing, auto hub bearing, the precision bearing of numerical control machine, high-speed and precision bearing of thread spinner, shaft bearing and motor bearing. The company also deals with auto parts and technical equipment. Its products are mainly sold to the United States of America, Japan, Korea, Brazil and other regions.
Executives
Yu Ru Wen senior management
Wu Hong Ying senior management
Song Chao Jiang senior management
Xu Rong Bin senior management
Qin Yi senior management
Zhang Xun Lei senior management
Cui Cui Ping senior management

Zhejiang XCC Group Co Headlines

No Headlines