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Dazhong Transportation (Group) Co (SHSE:900903) Cyclically Adjusted Price-to-FCF : (As of May. 17, 2024)


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What is Dazhong Transportation (Group) Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dazhong Transportation (Group) Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Dazhong Transportation (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.

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Dazhong Transportation (Group) Co Cyclically Adjusted Price-to-FCF Chart

Dazhong Transportation (Group) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Dazhong Transportation (Group) Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Dazhong Transportation (Group) Co's Cyclically Adjusted Price-to-FCF

For the Trucking subindustry, Dazhong Transportation (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.


Dazhong Transportation (Group) Co's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Dazhong Transportation (Group) Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Dazhong Transportation (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.

Dazhong Transportation (Group) Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Dazhong Transportation (Group) 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)
=-0.017/115.2271*115.2271
=-0.017

Current CPI (Mar. 2024) = 115.2271.

Dazhong Transportation (Group) Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.002 98.200 -0.002
201409 0.012 98.900 0.014
201412 0.011 99.000 0.013
201503 0.007 99.900 0.008
201506 0.022 99.500 0.025
201509 0.012 100.500 0.014
201512 0.006 100.600 0.007
201603 0.002 102.200 0.002
201606 0.022 101.400 0.025
201609 0.029 102.400 0.033
201612 -0.006 102.600 -0.007
201703 -0.005 103.200 -0.006
201706 0.000 103.100 0.000
201709 -0.004 104.100 -0.004
201712 0.007 104.500 0.008
201803 -0.004 105.300 -0.004
201806 -0.012 104.900 -0.013
201809 0.000 106.600 0.000
201812 -0.001 106.500 -0.001
201903 -0.070 107.700 -0.075
201906 0.001 107.700 0.001
201909 0.003 109.800 0.003
201912 0.011 111.200 0.011
202003 -0.032 112.300 -0.033
202006 -0.025 110.400 -0.026
202009 0.018 111.700 0.019
202012 -0.032 111.500 -0.033
202103 0.011 112.662 0.011
202106 0.022 111.769 0.023
202109 0.010 112.215 0.010
202112 0.017 113.108 0.017
202203 -0.014 114.335 -0.014
202206 -0.003 114.558 -0.003
202209 -0.072 115.339 -0.072
202212 0.003 115.116 0.003
202303 -0.003 115.116 -0.003
202306 -0.015 114.558 -0.015
202309 0.005 115.339 0.005
202312 -0.015 114.781 -0.015
202403 -0.017 115.227 -0.017

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.


Dazhong Transportation (Group) Co  (SHSE:900903) 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.


Dazhong Transportation (Group) Co Cyclically Adjusted Price-to-FCF Related Terms

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Dazhong Transportation (Group) Co (SHSE:900903) Business Description

Traded in Other Exchanges
Address
No. 1515 Zhongshan West Road, Dazhong Building, 22nd Floor, Xuhui District, Shanghai, CHN, 200235
Dazhong Transportation Group is a passenger transportation and property investment company. The company operates taxis and public bus passenger transportation, and maintains, leases, and distributes automobiles. Dazhong Transportation also operates a real estate investment business, which develops, leases, and sells residential and commercial property. In addition, the company provides logistics, tourism, and catering services. The company is headquartered in the People's Republic of China, and generates revenue domestically.

Dazhong Transportation (Group) Co (SHSE:900903) Headlines

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