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Wedge Industrial Co (SZSE:000534) Cyclically Adjusted Price-to-FCF : (As of May. 22, 2024)


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What is Wedge Industrial Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Wedge Industrial Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Wedge Industrial 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.

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Wedge Industrial Co Cyclically Adjusted Price-to-FCF Chart

Wedge Industrial Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Wedge Industrial Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Wedge Industrial Co's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Electric subindustry, Wedge Industrial 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.


Wedge Industrial Co's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Wedge Industrial Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Wedge Industrial 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.

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

For example, Wedge Industrial 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)
=-0.251/115.2271*115.2271
=-0.251

Current CPI (Mar. 2024) = 115.2271.

Wedge Industrial Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.037 98.200 0.043
201409 -0.303 98.900 -0.353
201412 0.409 99.000 0.476
201503 0.076 99.900 0.088
201506 -0.087 99.500 -0.101
201509 0.124 100.500 0.142
201512 -0.194 100.600 -0.222
201603 -0.414 102.200 -0.467
201606 -0.387 101.400 -0.440
201609 -0.196 102.400 -0.221
201612 0.289 102.600 0.325
201703 0.344 103.200 0.384
201706 0.423 103.100 0.473
201709 -0.465 104.100 -0.515
201712 -0.700 104.500 -0.772
201803 -0.678 105.300 -0.742
201806 -0.497 104.900 -0.546
201809 -0.185 106.600 -0.200
201812 0.954 106.500 1.032
201903 -0.573 107.700 -0.613
201906 -0.001 107.700 -0.001
201909 -0.238 109.800 -0.250
201912 0.319 111.200 0.331
202003 -0.027 112.300 -0.028
202006 -0.380 110.400 -0.397
202009 -0.207 111.700 -0.214
202012 0.589 111.500 0.609
202103 -0.180 112.662 -0.184
202106 -0.062 111.769 -0.064
202109 -0.001 112.215 -0.001
202112 0.077 113.108 0.078
202203 -0.415 114.335 -0.418
202206 0.086 114.558 0.087
202209 -0.119 115.339 -0.119
202212 0.157 115.116 0.157
202303 -0.088 115.116 -0.088
202306 -0.094 114.558 -0.095
202309 -0.270 115.339 -0.270
202312 -0.131 114.781 -0.132
202403 -0.251 115.227 -0.251

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.


Wedge Industrial Co  (SZSE:000534) 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.


Wedge Industrial Co Cyclically Adjusted Price-to-FCF Related Terms

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Wedge Industrial Co (SZSE:000534) Business Description

Traded in Other Exchanges
N/A
Address
No. 23 Zhuchi Road, 8th Floor, Block B, Guangming Building, Shantou, Guangdong, CHN, 515041
Wedge Industrial Co Ltd is engaged in the in the development and distribution of real estate properties. Further, it is also involved in the manufactures and distributes electric power and steam in the Guangdong Province of China.

Wedge Industrial Co (SZSE:000534) Headlines

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