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Shanghai Yongguan Adhesive Products (SHSE:603681) Cyclically Adjusted Price-to-FCF : (As of Sep. 21, 2024)


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What is Shanghai Yongguan Adhesive Products Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Yongguan Adhesive Products Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shanghai Yongguan Adhesive Products'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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Shanghai Yongguan Adhesive Products Cyclically Adjusted Price-to-FCF Chart

Shanghai Yongguan Adhesive Products Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Shanghai Yongguan Adhesive Products 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 Shanghai Yongguan Adhesive Products's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, Shanghai Yongguan Adhesive Products'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.


Shanghai Yongguan Adhesive Products's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shanghai Yongguan Adhesive Products's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shanghai Yongguan Adhesive Products's Cyclically Adjusted Price-to-FCF falls into.



Shanghai Yongguan Adhesive Products 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.

Shanghai Yongguan Adhesive Products's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Shanghai Yongguan Adhesive Products's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-1.034/114.7809*114.7809
=-1.034

Current CPI (Dec23) = 114.7809.

Shanghai Yongguan Adhesive Products Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.015 99.000 -0.017
201512 -0.394 100.600 -0.450
201612 -0.638 102.600 -0.714
201712 0.031 104.500 0.034
201812 0.696 106.500 0.750
201912 0.134 111.200 0.138
202012 -3.314 111.500 -3.412
202112 -4.643 113.108 -4.712
202212 -0.746 115.116 -0.744
202312 -1.034 114.781 -1.034

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.


Shanghai Yongguan Adhesive Products  (SHSE:603681) 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.


Shanghai Yongguan Adhesive Products Cyclically Adjusted Price-to-FCF Related Terms

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Shanghai Yongguan Adhesive Products Business Description

Traded in Other Exchanges
N/A
Address
No. 15, Kanggong Road, Zhujiajiao Industrial Park, Qingpu District, Shanghai, CHN, 201713
Shanghai Yongguan Adhesive Products Corp Ltd is engaged in manufacturing of chemical raw materials and chemical.
Executives
Lv Xin Min Director
Yang De Bo Directors, senior managers
Cui Zhi Yong Supervisors
Shi Li Shan senior management

Shanghai Yongguan Adhesive Products Headlines

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