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China Union Holdings (SZSE:000036) Cyclically Adjusted Price-to-FCF : 7.68 (As of Jun. 20, 2024)


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What is China Union Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-06-20), China Union Holdings's current share price is ¥3.07. China Union Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.40. China Union Holdings's Cyclically Adjusted Price-to-FCF for today is 7.68.

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

SZSE:000036' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.13   Med: 16.82   Max: 125.75
Current: 7.88

During the past years, China Union Holdings's highest Cyclically Adjusted Price-to-FCF was 125.75. The lowest was 7.13. And the median was 16.82.

SZSE:000036's Cyclically Adjusted Price-to-FCF is ranked better than
64.18% of 698 companies
in the Real Estate industry
Industry Median: 12.145 vs SZSE:000036: 7.88

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 Union Holdings's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.161. 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 ¥0.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Union Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Union Holdings'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 Union Holdings Cyclically Adjusted Price-to-FCF Chart

China Union Holdings 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 12.43 18.05 18.37 10.14 10.88

China Union Holdings 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 10.02 12.12 11.07 10.88 7.28

Competitive Comparison of China Union Holdings's Cyclically Adjusted Price-to-FCF

For the Real Estate - Development subindustry, China Union Holdings'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 Union Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Union Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



China Union Holdings 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 Union Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.07/0.4
=7.68

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

For example, China Union Holdings'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)
=-0.161/115.2271*115.2271
=-0.161

Current CPI (Mar. 2024) = 115.2271.

China Union Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.088 98.200 -0.103
201409 -0.624 98.900 -0.727
201412 -0.126 99.000 -0.147
201503 -0.128 99.900 -0.148
201506 -0.100 99.500 -0.116
201509 -0.142 100.500 -0.163
201512 0.410 100.600 0.470
201603 0.617 102.200 0.696
201606 0.485 101.400 0.551
201609 0.486 102.400 0.547
201612 -0.162 102.600 -0.182
201703 -0.018 103.200 -0.020
201706 -0.147 103.100 -0.164
201709 0.110 104.100 0.122
201712 -0.115 104.500 -0.127
201803 0.173 105.300 0.189
201806 0.708 104.900 0.778
201809 0.909 106.600 0.983
201812 0.490 106.500 0.530
201903 -0.019 107.700 -0.020
201906 0.348 107.700 0.372
201909 0.477 109.800 0.501
201912 0.110 111.200 0.114
202003 -0.015 112.300 -0.015
202006 0.392 110.400 0.409
202009 -0.912 111.700 -0.941
202012 0.175 111.500 0.181
202103 0.179 112.662 0.183
202106 -0.350 111.769 -0.361
202109 -0.029 112.215 -0.030
202112 -0.039 113.108 -0.040
202203 -0.036 114.335 -0.036
202206 -0.046 114.558 -0.046
202209 0.088 115.339 0.088
202212 1.440 115.116 1.441
202303 -0.219 115.116 -0.219
202306 -0.464 114.558 -0.467
202309 0.044 115.339 0.044
202312 0.007 114.781 0.007
202403 -0.161 115.227 -0.161

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 Union Holdings  (SZSE:000036) 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 Union Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


China Union Holdings (SZSE:000036) Business Description

Traded in Other Exchanges
N/A
Address
No. 2008 Shennan Middle Road, Hualian Building, 11F, Futian District, Shenzhen, Guangdong, CHN, 518031
China Union Holdings Ltd operates in the real estate industry. The business of the company includes real estate development and venture capital. The projects of the company include hualian building, Shanghai Xinhua century park, and China avenue of stars.
Executives
Huang Xin Supervisors
Chen Shan Min Executives
Li Yun Directors, executives
Kong Qing Fu Directors, executives
Su Qin Directors, executives
Zhang Wen Bin Supervisors
Hu Yong Feng Director
Ni Su Qiao Director
Ding Yue Director
Fan Lian Director
Dong Bing Gen Director
Zhang Mei Director
Shen Hua Securities Affairs Representative
Zheng Pi Tong Supervisors

China Union Holdings (SZSE:000036) Headlines

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