GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » China Automotive Systems Inc (STU:RYV) » Definitions » Cyclically Adjusted Price-to-FCF

China Automotive Systems (STU:RYV) Cyclically Adjusted Price-to-FCF : 12.19 (As of Jun. 10, 2024)


View and export this data going back to 2007. Start your Free Trial

What is China Automotive Systems Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), China Automotive Systems's current share price is €3.535. China Automotive Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.29. China Automotive Systems's Cyclically Adjusted Price-to-FCF for today is 12.19.

The historical rank and industry rank for China Automotive Systems's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

STU:RYV' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.41   Med: 24   Max: 82
Current: 11.71

During the past years, China Automotive Systems's highest Cyclically Adjusted Price-to-FCF was 82.00. The lowest was 9.41. And the median was 24.00.

STU:RYV's Cyclically Adjusted Price-to-FCF is ranked better than
72.47% of 494 companies
in the Vehicles & Parts industry
Industry Median: 21.27 vs STU:RYV: 11.71

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.

China Automotive Systems's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.181. 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 €0.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Automotive Systems Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Automotive Systems'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.

China Automotive Systems Cyclically Adjusted Price-to-FCF Chart

China Automotive Systems 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 31.66 34.18 16.40 21.74 12.02

China Automotive Systems 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 19.39 18.74 13.38 12.02 10.47

Competitive Comparison of China Automotive Systems's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, China Automotive Systems'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.


China Automotive Systems's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, China Automotive Systems's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China Automotive Systems's Cyclically Adjusted Price-to-FCF falls into.



China Automotive Systems 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.

China Automotive Systems's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.535/0.29
=12.19

* 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.

China Automotive Systems's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, China Automotive Systems'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)
=0.181/115.2271*115.2271
=0.181

Current CPI (Mar. 2024) = 115.2271.

China Automotive Systems Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.298 98.200 0.350
201409 -0.083 98.900 -0.097
201412 0.752 99.000 0.875
201503 -0.023 99.900 -0.027
201506 0.021 99.500 0.024
201509 -0.026 100.500 -0.030
201512 -0.070 100.600 -0.080
201603 -0.341 102.200 -0.384
201606 -0.352 101.400 -0.400
201609 0.300 102.400 0.338
201612 -0.412 102.600 -0.463
201703 -0.026 103.200 -0.029
201706 0.360 103.100 0.402
201709 0.284 104.100 0.314
201712 -0.027 104.500 -0.030
201803 -0.402 105.300 -0.440
201806 -0.189 104.900 -0.208
201809 0.200 106.600 0.216
201812 0.052 106.500 0.056
201903 -0.792 107.700 -0.847
201906 -0.260 107.700 -0.278
201909 0.477 109.800 0.501
201912 0.440 111.200 0.456
202003 0.791 112.300 0.812
202006 -0.023 110.400 -0.024
202009 0.463 111.700 0.478
202012 -0.069 111.500 -0.071
202103 -0.113 112.662 -0.116
202106 0.147 111.769 0.152
202109 -0.359 112.215 -0.369
202112 0.863 113.108 0.879
202203 -0.156 114.335 -0.157
202206 0.364 114.558 0.366
202209 0.435 115.339 0.435
202212 0.243 115.116 0.243
202303 -0.142 115.116 -0.142
202306 -0.100 114.558 -0.101
202309 0.123 115.339 0.123
202312 0.064 114.781 0.064
202403 0.181 115.227 0.181

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.


China Automotive Systems  (STU:RYV) 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.


China Automotive Systems Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of China Automotive Systems's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


China Automotive Systems (STU:RYV) Business Description

Traded in Other Exchanges
Address
No. 1 Henglong Road, Yu Qiao Development Zone, Shashi District, Hubei Province, Jing Zhou, CHN, 434000
China Automotive Systems Inc is a holding company. The firm through its subsidiary is a supplier of power steering systems and components to China's automotive industry. Its product offering encompasses a full range of auto parts incorporated into steering systems for both passenger automobiles and commercial vehicles. The company offers four separate series, more than 310 models of power steering including rack and pinion power steering, integral power steering, electronic power steering and manual steering, steering columns, steering oil pumps, and steering hoses. Geographically, it derives a majority of revenue from China.

China Automotive Systems (STU:RYV) Headlines

No Headlines