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Hainan Haiyao Co (SZSE:000566) Cyclically Adjusted Price-to-FCF : (As of Sep. 23, 2024)


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What is Hainan Haiyao Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hainan Haiyao Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hainan Haiyao 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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Hainan Haiyao Co Cyclically Adjusted Price-to-FCF Chart

Hainan Haiyao Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Hainan Haiyao Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Competitive Comparison of Hainan Haiyao Co's Cyclically Adjusted Price-to-FCF

For the Drug Manufacturers - Specialty & Generic subindustry, Hainan Haiyao 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.


Hainan Haiyao Co's Cyclically Adjusted Price-to-FCF Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Hainan Haiyao Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Hainan Haiyao 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.

Hainan Haiyao Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Hainan Haiyao Co's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-0.085/114.7809*114.7809
=-0.085

Current CPI (Jun. 2024) = 114.7809.

Hainan Haiyao Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 -0.027 98.900 -0.031
201412 -0.011 99.000 -0.013
201503 -0.062 99.900 -0.071
201506 -0.093 99.500 -0.107
201509 -0.119 100.500 -0.136
201512 0.132 100.600 0.151
201603 -0.026 102.200 -0.029
201606 -0.056 101.400 -0.063
201609 -0.448 102.400 -0.502
201612 0.285 102.600 0.319
201703 -0.251 103.200 -0.279
201706 -0.102 103.100 -0.114
201709 -0.087 104.100 -0.096
201712 0.187 104.500 0.205
201803 -0.132 105.300 -0.144
201806 -0.018 104.900 -0.020
201809 -0.150 106.600 -0.162
201812 -0.483 106.500 -0.521
201903 -0.105 107.700 -0.112
201906 0.013 107.700 0.014
201909 -0.168 109.800 -0.176
201912 -0.216 111.200 -0.223
202003 -0.144 112.300 -0.147
202006 -0.236 110.400 -0.245
202009 -0.033 111.700 -0.034
202012 -0.285 111.500 -0.293
202103 -0.085 112.662 -0.087
202106 -0.080 111.769 -0.082
202109 -0.076 112.215 -0.078
202112 0.005 113.108 0.005
202203 -0.036 114.335 -0.036
202206 -0.030 114.558 -0.030
202209 0.010 115.339 0.010
202212 -0.037 115.116 -0.037
202303 -0.053 115.116 -0.053
202306 -0.022 114.558 -0.022
202309 -0.044 115.339 -0.044
202312 0.037 114.781 0.037
202403 -0.028 115.227 -0.028
202406 -0.085 114.781 -0.085

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.


Hainan Haiyao Co  (SZSE:000566) 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.


Hainan Haiyao Co Cyclically Adjusted Price-to-FCF Related Terms

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Hainan Haiyao Co Business Description

Traded in Other Exchanges
N/A
Address
No.192 Nanhai Avenue, Xiuying District, Haikou, Hainan, CHN, 570105
Hainan Haiyao Co Ltd is a China-based company engages in the research, development, manufacture, and sale of medicines and medical instrument. Its product includes cephalosporin series, stomach and intestine medicines, anti-tumor medicines, cochlear implant series, bulk drugs and intermediate series. The company distributes its products in domestic market and to overseas market. Digital China Information Service Co Ltd is a China-based company principally engaged in software and information technology (IT) service industry. Its services include technical services, agricultural informatization, application software development, special financial equipment, and integrated solutions for the financial, government, enterprises, telecommunications, agriculture, and other industries.
Executives
Li Ri Meng Directors, executives
Bai Zhi Quan Directors, executives
Zhou Qing Guo Supervisors
Chen Yi Hong Directors, executives
Wang Wei Directors, executives
Ji Ping Executives
Xu Li Hong Directors, executives
Zhang Hui Executives
Wang Jun Hong Executives
Li Mi Sheng Executives
Feng Bai Chang Executives
Wang Gang Executives
Ceng Yu Ping Director

Hainan Haiyao Co Headlines

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