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Bohai Water Industry Co (SZSE:000605) Cyclically Adjusted Price-to-FCF : (As of Apr. 30, 2024)


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What is Bohai Water Industry Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bohai Water Industry Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bohai Water Industry 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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Bohai Water Industry Co Cyclically Adjusted Price-to-FCF Chart

Bohai Water Industry Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Bohai Water Industry Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Bohai Water Industry Co's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Water subindustry, Bohai Water Industry 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.


Bohai Water Industry Co's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Bohai Water Industry Co's Cyclically Adjusted Price-to-FCF falls into.



Bohai Water Industry 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.

Bohai Water Industry Co's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Bohai Water Industry Co's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.073/115.3387*115.3387
=-0.073

Current CPI (Sep. 2023) = 115.3387.

Bohai Water Industry Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.723 97.624 -0.854
201403 -0.084 98.600 -0.098
201406 0.031 98.200 0.036
201409 0.107 98.900 0.125
201412 -0.219 99.000 -0.255
201503 0.108 99.900 0.125
201506 0.036 99.500 0.042
201509 0.215 100.500 0.247
201512 -0.890 100.600 -1.020
201603 0.171 102.200 0.193
201606 0.116 101.400 0.132
201609 0.202 102.400 0.228
201612 -0.459 102.600 -0.516
201703 -0.269 103.200 -0.301
201706 -0.940 103.100 -1.052
201709 -0.213 104.100 -0.236
201712 -0.023 104.500 -0.025
201803 -0.476 105.300 -0.521
201806 -0.552 104.900 -0.607
201809 -0.697 106.600 -0.754
201812 0.833 106.500 0.902
201903 -0.414 107.700 -0.443
201906 -0.087 107.700 -0.093
201909 -0.130 109.800 -0.137
201912 1.000 111.200 1.037
202003 -0.651 112.300 -0.669
202006 0.010 110.400 0.010
202009 -0.208 111.700 -0.215
202012 0.451 111.500 0.467
202103 -0.235 112.662 -0.241
202106 0.096 111.769 0.099
202109 -0.083 112.215 -0.085
202112 -0.104 113.108 -0.106
202203 -0.164 114.335 -0.165
202206 -0.194 114.558 -0.195
202209 -0.192 115.339 -0.192
202212 -0.125 115.116 -0.125
202303 0.005 115.116 0.005
202306 -0.128 114.558 -0.129
202309 -0.073 115.339 -0.073

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.


Bohai Water Industry Co  (SZSE:000605) 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.


Bohai Water Industry Co Cyclically Adjusted Price-to-FCF Related Terms

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Bohai Water Industry Co (SZSE:000605) Business Description

Traded in Other Exchanges
N/A
Address
Yuanyuan East Road, Building 31, Zhujiang Lawei Town, Tongzhou District, Beijing, CHN
Bohai Water Industry Co Ltd engages in engineering design, general construction contracting and subcontracting. The company also engages in urban public infrastructure planning, environmental projects, and water supply and recycling. It also holds an interest in sewage treatment and reuse of water; investment consulting; investment management; technical development; technical consulting; technical services.

Bohai Water Industry Co (SZSE:000605) Headlines

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