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Ningbo Water Meter (Group) Co (SHSE:603700) Cyclically Adjusted Price-to-FCF : 25.91 (As of Jun. 03, 2025)


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What is Ningbo Water Meter (Group) Co Cyclically Adjusted Price-to-FCF?

As of today (2025-06-03), Ningbo Water Meter (Group) Co's current share price is ¥11.66. Ningbo Water Meter (Group) Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec24 was ¥0.45. Ningbo Water Meter (Group) Co's Cyclically Adjusted Price-to-FCF for today is 25.91.

The historical rank and industry rank for Ningbo Water Meter (Group) Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:603700' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.05   Med: 20.87   Max: 31.36
Current: 25.95

During the past 12 years, Ningbo Water Meter (Group) Co's highest Cyclically Adjusted Price-to-FCF was 31.36. The lowest was 16.05. And the median was 20.87.

SHSE:603700's Cyclically Adjusted Price-to-FCF is ranked better than
58.93% of 1042 companies
in the Industrial Products industry
Industry Median: 33.73 vs SHSE:603700: 25.95

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.

Ningbo Water Meter (Group) Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec24 was ¥0.082. 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 ¥0.45 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ningbo Water Meter (Group) Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ningbo Water Meter (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.

Ningbo Water Meter (Group) Co Cyclically Adjusted Price-to-FCF Chart

Ningbo Water Meter (Group) Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 19.25 23.51 22.46

Ningbo Water Meter (Group) Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - 22.46 -

Competitive Comparison of Ningbo Water Meter (Group) Co's Cyclically Adjusted Price-to-FCF

For the Electrical Equipment & Parts subindustry, Ningbo Water Meter (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.


Ningbo Water Meter (Group) Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ningbo Water Meter (Group) Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Ningbo Water Meter (Group) Co's Cyclically Adjusted Price-to-FCF falls into.


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Ningbo Water Meter (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.

Ningbo Water Meter (Group) Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=11.66/0.45
=25.91

* 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.

Ningbo Water Meter (Group) Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Ningbo Water Meter (Group) Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=0.082/114.8925*114.8925
=0.082

Current CPI (Dec24) = 114.8925.

Ningbo Water Meter (Group) Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201512 0.971 100.600 1.109
201612 0.943 102.600 1.056
201712 0.821 104.500 0.903
201812 0.542 106.500 0.585
201912 0.474 111.200 0.490
202012 0.265 111.500 0.273
202112 0.102 113.108 0.104
202212 -0.766 115.116 -0.765
202312 0.621 114.781 0.622
202412 0.082 114.893 0.082

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.


Ningbo Water Meter (Group) Co  (SHSE:603700) 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.


Ningbo Water Meter (Group) Co Cyclically Adjusted Price-to-FCF Related Terms

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


Ningbo Water Meter (Group) Co Business Description

Traded in Other Exchanges
N/A
Address
No. 355, Hongxing Road, Jiangbei District, Zhejiang Province, Ningbo, CHN, 315033
Ningbo Water Meter (Group) Co Ltd is engaged in manufacturing water meters. The product portfolio includes liquid sealed water meters, volumetric rotary piston water meter, manual batch control water meter, multi-jet dry type water meter and others.
Executives
Chen Xiang Supervisors
Xu Yun Director
Wang Kai Ta Director
Zhang Shi Hao Director
Wang Zong Hui Director
Zhang Lin Director
Lin Qi Supervisors
Chen Hai Hua Supervisors
Xu Da Wei senior management
Zhao Shao Man Director

Ningbo Water Meter (Group) Co Headlines

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