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Shanghai Tianyong Engineering Co (SHSE:603895) Cyclically Adjusted Price-to-FCF : 298.75 (As of Jan. 18, 2025)


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What is Shanghai Tianyong Engineering Co Cyclically Adjusted Price-to-FCF?

As of today (2025-01-18), Shanghai Tianyong Engineering Co's current share price is ¥23.90. Shanghai Tianyong Engineering Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was ¥0.08. Shanghai Tianyong Engineering Co's Cyclically Adjusted Price-to-FCF for today is 298.75.

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

SHSE:603895' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 113.05   Med: 178.38   Max: 347.25
Current: 258.6

During the past 11 years, Shanghai Tianyong Engineering Co's highest Cyclically Adjusted Price-to-FCF was 347.25. The lowest was 113.05. And the median was 178.38.

SHSE:603895's Cyclically Adjusted Price-to-FCF is ranked worse than
91.97% of 959 companies
in the Industrial Products industry
Industry Median: 33.66 vs SHSE:603895: 258.60

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.

Shanghai Tianyong Engineering Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was ¥-1.013. 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 ¥0.08 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Tianyong Engineering Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shanghai Tianyong Engineering 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.

Shanghai Tianyong Engineering Co Cyclically Adjusted Price-to-FCF Chart

Shanghai Tianyong Engineering 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 - - - 108.30 303.30

Shanghai Tianyong Engineering 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 - 303.30 - - -

Competitive Comparison of Shanghai Tianyong Engineering Co's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Shanghai Tianyong Engineering 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.


Shanghai Tianyong Engineering Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

* The bar in red indicates where Shanghai Tianyong Engineering Co's Cyclically Adjusted Price-to-FCF falls into.



Shanghai Tianyong Engineering 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.

Shanghai Tianyong Engineering Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=23.90/0.08
=298.75

* 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.

Shanghai Tianyong Engineering Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Shanghai Tianyong Engineering Co'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)
=-1.013/114.7809*114.7809
=-1.013

Current CPI (Dec23) = 114.7809.

Shanghai Tianyong Engineering Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.000 99.000 0.000
201512 7.363 100.600 8.401
201612 -0.744 102.600 -0.832
201712 -0.777 104.500 -0.853
201812 -0.676 106.500 -0.729
201912 -0.810 111.200 -0.836
202012 0.775 111.500 0.798
202112 -1.999 113.108 -2.029
202212 -2.148 115.116 -2.142
202312 -1.013 114.781 -1.013

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 Tianyong Engineering Co  (SHSE:603895) 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 Tianyong Engineering Co Cyclically Adjusted Price-to-FCF Related Terms

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Shanghai Tianyong Engineering Co Business Description

Traded in Other Exchanges
N/A
Address
Waigaoqiao Huibao Road 555, 3rd Floor, 2nd Floor, Area A, Jiading, Shanghai, CHN
Shanghai Tianyong Engineering Co Ltd is engaged in designing and development, installation and sales of machinery and electronics, as well as automation equipment. It also involves in production and sale of software technology development and technical services, technical development in the field of mechanical and electrical technology.

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