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Shenzhen Ellassay Fashion Co (SHSE:603808) Cyclically Adjusted Price-to-FCF : 9.04 (As of Jun. 25, 2024)


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What is Shenzhen Ellassay Fashion Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-25), Shenzhen Ellassay Fashion Co's current share price is ¥6.42. Shenzhen Ellassay Fashion Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.71. Shenzhen Ellassay Fashion Co's Cyclically Adjusted Price-to-FCF for today is 9.04.

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

SHSE:603808' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.24   Med: 14.54   Max: 19.88
Current: 9.24

During the past years, Shenzhen Ellassay Fashion Co's highest Cyclically Adjusted Price-to-FCF was 19.88. The lowest was 9.24. And the median was 14.54.

SHSE:603808's Cyclically Adjusted Price-to-FCF is ranked better than
74.86% of 362 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 17.655 vs SHSE:603808: 9.24

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.

Shenzhen Ellassay Fashion Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.236. 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 ¥0.71 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shenzhen Ellassay Fashion Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shenzhen Ellassay Fashion 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.

Shenzhen Ellassay Fashion Co Cyclically Adjusted Price-to-FCF Chart

Shenzhen Ellassay Fashion 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 - - - - 12.91

Shenzhen Ellassay Fashion 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 16.28 18.69 18.07 12.91 11.36

Competitive Comparison of Shenzhen Ellassay Fashion Co's Cyclically Adjusted Price-to-FCF

For the Apparel Manufacturing subindustry, Shenzhen Ellassay Fashion 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.


Shenzhen Ellassay Fashion Co's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shenzhen Ellassay Fashion Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shenzhen Ellassay Fashion Co's Cyclically Adjusted Price-to-FCF falls into.



Shenzhen Ellassay Fashion 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.

Shenzhen Ellassay Fashion Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.42/0.71
=9.04

* 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.

Shenzhen Ellassay Fashion Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shenzhen Ellassay Fashion 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)
=0.236/115.2271*115.2271
=0.236

Current CPI (Mar. 2024) = 115.2271.

Shenzhen Ellassay Fashion Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.117 98.200 -0.137
201409 0.222 98.900 0.259
201412 0.184 99.000 0.214
201503 0.270 99.900 0.311
201506 -0.208 99.500 -0.241
201509 0.138 100.500 0.158
201512 -0.118 100.600 -0.135
201603 0.023 102.200 0.026
201606 -0.056 101.400 -0.064
201609 0.499 102.400 0.562
201612 -0.138 102.600 -0.155
201703 0.191 103.200 0.213
201706 0.200 103.100 0.224
201709 0.272 104.100 0.301
201712 0.541 104.500 0.597
201803 0.281 105.300 0.307
201806 0.149 104.900 0.164
201809 0.179 106.600 0.193
201812 0.382 106.500 0.413
201903 0.226 107.700 0.242
201906 0.400 107.700 0.428
201909 0.179 109.800 0.188
201912 0.237 111.200 0.246
202003 0.093 112.300 0.095
202006 0.003 110.400 0.003
202009 0.129 111.700 0.133
202012 0.220 111.500 0.227
202103 0.156 112.662 0.160
202106 0.019 111.769 0.020
202109 -0.087 112.215 -0.089
202112 0.362 113.108 0.369
202203 0.092 114.335 0.093
202206 -0.040 114.558 -0.040
202209 0.252 115.339 0.252
202212 0.302 115.116 0.302
202303 0.300 115.116 0.300
202306 0.338 114.558 0.340
202309 0.144 115.339 0.144
202312 0.271 114.781 0.272
202403 0.236 115.227 0.236

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.


Shenzhen Ellassay Fashion Co  (SHSE:603808) 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.


Shenzhen Ellassay Fashion Co Cyclically Adjusted Price-to-FCF Related Terms

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Shenzhen Ellassay Fashion Co (SHSE:603808) Business Description

Traded in Other Exchanges
N/A
Address
Tian'an Innovation and Technology Plaza, Building 1901-1905, Chegongmiao, Futian District, ShenZhen, CHN, 518048
Shenzhen Ellassay Fashion Co Ltd is engaged in designing, manufacturing, distribution, and retail of women's apparel. It's a China-based firm which has its own brands Ellassay, Laurel, IRO Paris, ED Hardy, Vivienne Tam.
Executives
Ding Tian Peng Supervisors
Xia Guo Xin Director

Shenzhen Ellassay Fashion Co (SHSE:603808) Headlines

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