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Shanghai Huayi Group (SHSE:900909) Cyclically Adjusted Price-to-FCF : 15.20 (As of May. 26, 2024)


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What is Shanghai Huayi Group Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Shanghai Huayi Group's current share price is $0.456. Shanghai Huayi Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.03. Shanghai Huayi Group's Cyclically Adjusted Price-to-FCF for today is 15.20.

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

SHSE:900909' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.41   Med: 24.54   Max: 1218
Current: 17.44

During the past years, Shanghai Huayi Group's highest Cyclically Adjusted Price-to-FCF was 1218.00. The lowest was 11.41. And the median was 24.54.

SHSE:900909's Cyclically Adjusted Price-to-FCF is ranked better than
61.21% of 562 companies
in the Chemicals industry
Industry Median: 24.7 vs SHSE:900909: 17.44

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 Huayi Group's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.150. 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 $0.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Huayi Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shanghai Huayi Group'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 Huayi Group Cyclically Adjusted Price-to-FCF Chart

Shanghai Huayi Group 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 20.95 19.93 24.30 12.54 14.97

Shanghai Huayi Group 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 14.28 16.27 14.84 14.97 16.05

Competitive Comparison of Shanghai Huayi Group's Cyclically Adjusted Price-to-FCF

For the Chemicals subindustry, Shanghai Huayi Group'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 Huayi Group's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shanghai Huayi Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shanghai Huayi Group's Cyclically Adjusted Price-to-FCF falls into.



Shanghai Huayi Group 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 Huayi Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.456/0.03
=15.20

* 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 Huayi Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shanghai Huayi Group'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)
=-0.15/115.2271*115.2271
=-0.150

Current CPI (Mar. 2024) = 115.2271.

Shanghai Huayi Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.009 98.200 -0.011
201409 0.109 98.900 0.127
201412 -0.103 99.000 -0.120
201503 0.044 99.900 0.051
201506 0.079 99.500 0.091
201509 -0.013 100.500 -0.015
201512 0.088 100.600 0.101
201603 0.018 102.200 0.020
201606 -0.027 101.400 -0.031
201609 0.050 102.400 0.056
201612 0.123 102.600 0.138
201703 0.044 103.200 0.049
201706 -0.146 103.100 -0.163
201709 0.028 104.100 0.031
201712 0.217 104.500 0.239
201803 -0.144 105.300 -0.158
201806 0.076 104.900 0.083
201809 -0.001 106.600 -0.001
201812 0.149 106.500 0.161
201903 -0.044 107.700 -0.047
201906 -0.071 107.700 -0.076
201909 -0.043 109.800 -0.045
201912 0.120 111.200 0.124
202003 -0.073 112.300 -0.075
202006 0.004 110.400 0.004
202009 0.014 111.700 0.014
202012 0.025 111.500 0.026
202103 -0.085 112.662 -0.087
202106 0.017 111.769 0.018
202109 0.075 112.215 0.077
202112 0.087 113.108 0.089
202203 -0.104 114.335 -0.105
202206 0.123 114.558 0.124
202209 0.050 115.339 0.050
202212 0.082 115.116 0.082
202303 -0.131 115.116 -0.131
202306 -0.164 114.558 -0.165
202309 0.113 115.339 0.113
202312 0.093 114.781 0.093
202403 -0.150 115.227 -0.150

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 Huayi Group  (SHSE:900909) 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 Huayi Group Cyclically Adjusted Price-to-FCF Related Terms

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Shanghai Huayi Group (SHSE:900909) Business Description

Traded in Other Exchanges
Address
809 Changde Road, Huayi Group Building, Jing'an District, Shanghai, CHN, 200040
Shanghai Huayi Group Corp Ltd is a chemical company. Its products include methanol, carbon monoxide, syngas and sulfuric acid and other chemical products.

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