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Changhong Huayi Compressor Co (SZSE:000404) Cyclically Adjusted Price-to-FCF : 10.78 (As of Jun. 19, 2024)


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What is Changhong Huayi Compressor Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-19), Changhong Huayi Compressor Co's current share price is ¥5.82. Changhong Huayi Compressor Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.54. Changhong Huayi Compressor Co's Cyclically Adjusted Price-to-FCF for today is 10.78.

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

SZSE:000404' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.94   Med: 31.43   Max: 633
Current: 10.88

During the past years, Changhong Huayi Compressor Co's highest Cyclically Adjusted Price-to-FCF was 633.00. The lowest was 7.94. And the median was 31.43.

SZSE:000404's Cyclically Adjusted Price-to-FCF is ranked better than
88.75% of 1031 companies
in the Industrial Products industry
Industry Median: 32.14 vs SZSE:000404: 10.88

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.

Changhong Huayi Compressor Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.709. 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 ¥0.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Changhong Huayi Compressor Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Changhong Huayi Compressor 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.

Changhong Huayi Compressor Co Cyclically Adjusted Price-to-FCF Chart

Changhong Huayi Compressor 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 23.08 19.67 10.94 11.30 9.47

Changhong Huayi Compressor 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 13.29 10.70 9.90 9.47 13.30

Competitive Comparison of Changhong Huayi Compressor Co's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Changhong Huayi Compressor 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.


Changhong Huayi Compressor Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

* The bar in red indicates where Changhong Huayi Compressor Co's Cyclically Adjusted Price-to-FCF falls into.



Changhong Huayi Compressor 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.

Changhong Huayi Compressor Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.82/0.54
=10.78

* 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.

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

For example, Changhong Huayi Compressor 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)
=-0.709/115.2271*115.2271
=-0.709

Current CPI (Mar. 2024) = 115.2271.

Changhong Huayi Compressor Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.389 98.200 -0.456
201409 0.594 98.900 0.692
201412 0.425 99.000 0.495
201503 -0.054 99.900 -0.062
201506 0.498 99.500 0.577
201509 0.136 100.500 0.156
201512 0.300 100.600 0.344
201603 -0.393 102.200 -0.443
201606 -0.332 101.400 -0.377
201609 -0.018 102.400 -0.020
201612 0.746 102.600 0.838
201703 -1.389 103.200 -1.551
201706 0.003 103.100 0.003
201709 0.283 104.100 0.313
201712 0.336 104.500 0.370
201803 -0.495 105.300 -0.542
201806 0.068 104.900 0.075
201809 0.229 106.600 0.248
201812 0.173 106.500 0.187
201903 0.602 107.700 0.644
201906 -0.071 107.700 -0.076
201909 0.602 109.800 0.632
201912 -0.221 111.200 -0.229
202003 -0.044 112.300 -0.045
202006 0.248 110.400 0.259
202009 -0.182 111.700 -0.188
202012 0.615 111.500 0.636
202103 -0.211 112.662 -0.216
202106 1.109 111.769 1.143
202109 0.267 112.215 0.274
202112 0.714 113.108 0.727
202203 -0.577 114.335 -0.582
202206 1.620 114.558 1.629
202209 -0.024 115.339 -0.024
202212 -0.104 115.116 -0.104
202303 -0.688 115.116 -0.689
202306 1.279 114.558 1.286
202309 -0.230 115.339 -0.230
202312 0.397 114.781 0.399
202403 -0.709 115.227 -0.709

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.


Changhong Huayi Compressor Co  (SZSE:000404) 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.


Changhong Huayi Compressor Co Cyclically Adjusted Price-to-FCF Related Terms

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


Changhong Huayi Compressor Co (SZSE:000404) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Changhong Avenue, Gaoxin Development Zone, Jingdezhen, Jiangxi, CHN, 333001
Changhong Huayi Compressor Co Ltd is a China-based company that develops and produces various types of compressors such as refrigerators, freezers, water dispensers, ice machines, and dehumidifiers. The company has established partnerships for the purpose of sales with domestic and foreign refrigerator companies such as Haier, Hisense, Midea, Meiling and Germany Bosch-Siemens, Sweden Electrolux, Italy Yixixi, Spain Fagor, Liebherr, Samsung, Toshiba.
Executives
Yang Fan Executives
Shi Qiang Secretary, Director
Yu Wan Chun Executives
Chen Si Yuan Supervisors
Zhang Qin Jian Directors, executives
Yang Xiu Biao Director
Xiao Wen Yi Directors, executives
He Cheng Zhi Executives
Pang Hai Tao Executives
Fu Nian Ping Director
Wu Wei Yu Directors, executives
Cha Chun Xia Supervisors
Wang Guo Qing Executives
Wu Jing Hua Executives
Zhu Jin Song Directors, executives

Changhong Huayi Compressor Co (SZSE:000404) Headlines

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