GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Weichai Power Co Ltd (SZSE:000338) » Definitions » Cyclically Adjusted Price-to-FCF

Weichai Power Co (SZSE:000338) Cyclically Adjusted Price-to-FCF : 11.34 (As of May. 25, 2024)


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

What is Weichai Power Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-25), Weichai Power Co's current share price is ¥16.22. Weichai Power Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥1.43. Weichai Power Co's Cyclically Adjusted Price-to-FCF for today is 11.34.

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

SZSE:000338' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.19   Med: 13.88   Max: 28
Current: 11.38

During the past years, Weichai Power Co's highest Cyclically Adjusted Price-to-FCF was 28.00. The lowest was 7.19. And the median was 13.88.

SZSE:000338's Cyclically Adjusted Price-to-FCF is ranked better than
88.45% of 1013 companies
in the Industrial Products industry
Industry Median: 33.62 vs SZSE:000338: 11.38

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.

Weichai Power Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.014. 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 ¥1.43 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Weichai Power Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Weichai Power 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.

Weichai Power Co Cyclically Adjusted Price-to-FCF Chart

Weichai Power 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 15.00 13.55 13.58 8.32 9.78

Weichai Power 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 10.29 9.34 8.87 9.78 11.69

Competitive Comparison of Weichai Power Co's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Weichai Power 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.


Weichai Power Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Weichai Power Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Weichai Power Co's Cyclically Adjusted Price-to-FCF falls into.



Weichai Power 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.

Weichai Power Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=16.22/1.43
=11.34

* 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.

Weichai Power Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Weichai Power 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)
=0.014/115.2271*115.2271
=0.014

Current CPI (Mar. 2024) = 115.2271.

Weichai Power Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.108 98.200 0.127
201409 0.308 98.900 0.359
201412 0.680 99.000 0.791
201503 -0.400 99.900 -0.461
201506 0.328 99.500 0.380
201509 -0.038 100.500 -0.044
201512 0.400 100.600 0.458
201603 -0.094 102.200 -0.106
201606 0.029 101.400 0.033
201609 -0.193 102.400 -0.217
201612 0.748 102.600 0.840
201703 -0.139 103.200 -0.155
201706 0.582 103.100 0.650
201709 0.085 104.100 0.094
201712 1.159 104.500 1.278
201803 -0.190 105.300 -0.208
201806 1.069 104.900 1.174
201809 -0.371 106.600 -0.401
201812 1.806 106.500 1.954
201903 -0.308 107.700 -0.330
201906 0.684 107.700 0.732
201909 -0.350 109.800 -0.367
201912 2.316 111.200 2.400
202003 -1.382 112.300 -1.418
202006 1.519 110.400 1.585
202009 -0.394 111.700 -0.406
202012 2.365 111.500 2.444
202103 -0.478 112.662 -0.489
202106 1.372 111.769 1.414
202109 -0.288 112.215 -0.296
202112 1.121 113.108 1.142
202203 -0.604 114.335 -0.609
202206 0.072 114.558 0.072
202209 -0.339 115.339 -0.339
202212 -0.201 115.116 -0.201
202303 -0.237 115.116 -0.237
202306 1.377 114.558 1.385
202309 0.649 115.339 0.648
202312 0.582 114.781 0.584
202403 0.014 115.227 0.014

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.


Weichai Power Co  (SZSE:000338) 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.


Weichai Power Co Cyclically Adjusted Price-to-FCF Related Terms

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


Weichai Power Co (SZSE:000338) Business Description

Traded in Other Exchanges
Address
197, Section A, Fu Shou East Street, High Technology Industrial Development Zone, Shandong Province, Weifang, CHN, 261061
Weichai Power Co Ltd is an industrial technology company that offers vehicles, equipment, and logistics and supply chain services in China. The operating segments of the company are 1) Engines segment includes the manufacturing and sale of engines and related parts; 2) Automobiles and automobile components include the manufacturing and sale of automobiles and automobile components other than Engines; 3) Agricultural equipment includes the manufacturing and sale of agricultural equipment (complete machineries), agricultural machineries, agricultural vehicles and related parts; 4) Intelligent logistics includes forklift trucks production, warehousing technology and supply chain solution services.
Executives
Yan Jian Bo Directors, executives
Zhang Ji Yuan Executives
Li Shao Hua Executives
Ren Bing Bing Executives
Cao Zhi Yue Executives
Yuan Hong Ming Directors, executives
Yang Shi Hang Director
Zhang Zhen Hua Independent director
Wang Yue Pu Director
Liu Xin Hua Executives
Zhou Zhi Jun Executives
Li Zhi Executives

Weichai Power Co (SZSE:000338) Headlines

No Headlines