GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ningbo Jifeng Auto Parts Co Ltd (SHSE:603997) » Definitions » Cyclically Adjusted Price-to-FCF

Ningbo Jifeng Auto Parts Co (SHSE:603997) Cyclically Adjusted Price-to-FCF : 40.31 (As of Jun. 20, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Ningbo Jifeng Auto Parts Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-20), Ningbo Jifeng Auto Parts Co's current share price is ¥10.48. Ningbo Jifeng Auto Parts Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.26. Ningbo Jifeng Auto Parts Co's Cyclically Adjusted Price-to-FCF for today is 40.31.

The historical rank and industry rank for Ningbo Jifeng Auto Parts Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:603997' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 39.73   Med: 53.21   Max: 70.77
Current: 42.12

During the past years, Ningbo Jifeng Auto Parts Co's highest Cyclically Adjusted Price-to-FCF was 70.77. The lowest was 39.73. And the median was 53.21.

SHSE:603997's Cyclically Adjusted Price-to-FCF is ranked worse than
69.84% of 494 companies
in the Vehicles & Parts industry
Industry Median: 20.975 vs SHSE:603997: 42.12

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 Jifeng Auto Parts Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.009. 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 ¥0.26 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ningbo Jifeng Auto Parts Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ningbo Jifeng Auto Parts 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 Jifeng Auto Parts Co Cyclically Adjusted Price-to-FCF Chart

Ningbo Jifeng Auto Parts 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 - - - - 51.77

Ningbo Jifeng Auto Parts 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 63.22 64.85 56.74 51.77 50.87

Competitive Comparison of Ningbo Jifeng Auto Parts Co's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Ningbo Jifeng Auto Parts 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 Jifeng Auto Parts Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ningbo Jifeng Auto Parts Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Ningbo Jifeng Auto Parts Co's Cyclically Adjusted Price-to-FCF falls into.



Ningbo Jifeng Auto Parts 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 Jifeng Auto Parts Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=10.48/0.26
=40.31

* 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 Jifeng Auto Parts Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Ningbo Jifeng Auto Parts 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)
=0.009/115.2271*115.2271
=0.009

Current CPI (Mar. 2024) = 115.2271.

Ningbo Jifeng Auto Parts Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.002 98.200 0.002
201409 0.008 98.900 0.009
201412 -0.043 99.000 -0.050
201503 -0.006 99.900 -0.007
201506 0.078 99.500 0.090
201509 0.011 100.500 0.013
201512 0.008 100.600 0.009
201603 0.053 102.200 0.060
201606 -0.049 101.400 -0.056
201609 0.060 102.400 0.068
201612 -0.112 102.600 -0.126
201703 0.115 103.200 0.128
201706 0.056 103.100 0.063
201709 0.214 104.100 0.237
201712 -0.085 104.500 -0.094
201803 0.101 105.300 0.111
201806 -0.021 104.900 -0.023
201809 0.167 106.600 0.181
201812 1.324 106.500 1.432
201903 -0.183 107.700 -0.196
201906 0.286 107.700 0.306
201909 -0.466 109.800 -0.489
201912 0.441 111.200 0.457
202003 -0.198 112.300 -0.203
202006 -0.308 110.400 -0.321
202009 0.114 111.700 0.118
202012 0.403 111.500 0.416
202103 -0.093 112.662 -0.095
202106 -0.234 111.769 -0.241
202109 -0.006 112.215 -0.006
202112 0.290 113.108 0.295
202203 0.020 114.335 0.020
202206 -0.256 114.558 -0.257
202209 -0.045 115.339 -0.045
202212 0.409 115.116 0.409
202303 -0.033 115.116 -0.033
202306 -0.079 114.558 -0.079
202309 0.424 115.339 0.424
202312 0.081 114.781 0.081
202403 0.009 115.227 0.009

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 Jifeng Auto Parts Co  (SHSE:603997) 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 Jifeng Auto Parts Co Cyclically Adjusted Price-to-FCF Related Terms

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


Ningbo Jifeng Auto Parts Co (SHSE:603997) Business Description

Traded in Other Exchanges
N/A
Address
No.17, Datunhe Road, Beilun District, Zhejiang, Ningbo City, CHN, 315800
Ningbo Jifeng Auto Parts Co Ltd is principally engaged in development, manufacture, and sale of passenger car seat. The company offers automotive seat headrest and armrest assemblies, and headrest and door stems.
Executives
Feng Dian Director
Li Na Director
Wang Hao Director
Zheng Ying Director
Zheng Cheng Wen Supervisors
Xiao Hua Feng senior management
Ma Jin Yan senior management

Ningbo Jifeng Auto Parts Co (SHSE:603997) Headlines

No Headlines