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Chongqing Changan Automobile Co (SZSE:000625) Cyclically Adjusted Price-to-FCF : 44.76 (As of May. 06, 2024)


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What is Chongqing Changan Automobile Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-06), Chongqing Changan Automobile Co's current share price is ¥14.77. Chongqing Changan Automobile Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.33. Chongqing Changan Automobile Co's Cyclically Adjusted Price-to-FCF for today is 44.76.

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

SZSE:000625' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 44.11   Med: 137.11   Max: 366.8
Current: 44.84

During the past years, Chongqing Changan Automobile Co's highest Cyclically Adjusted Price-to-FCF was 366.80. The lowest was 44.11. And the median was 137.11.

SZSE:000625's Cyclically Adjusted Price-to-FCF is ranked worse than
70.14% of 489 companies
in the Vehicles & Parts industry
Industry Median: 21.77 vs SZSE:000625: 44.84

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.

Chongqing Changan Automobile Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.483. 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 ¥0.33 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chongqing Changan Automobile Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Chongqing Changan Automobile 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.

Chongqing Changan Automobile Co Cyclically Adjusted Price-to-FCF Chart

Chongqing Changan Automobile 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 - - - 167.09 60.59

Chongqing Changan Automobile 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 131.32 123.05 59.97 60.59 51.17

Competitive Comparison of Chongqing Changan Automobile Co's Cyclically Adjusted Price-to-FCF

For the Auto Manufacturers subindustry, Chongqing Changan Automobile 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.


Chongqing Changan Automobile Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Chongqing Changan Automobile Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Chongqing Changan Automobile Co's Cyclically Adjusted Price-to-FCF falls into.



Chongqing Changan Automobile 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.

Chongqing Changan Automobile Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=14.77/0.33
=44.76

* 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.

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

For example, Chongqing Changan Automobile 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)
=0.483/114.6694*114.6694
=0.483

Current CPI (Mar. 2024) = 114.6694.

Chongqing Changan Automobile Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.328 98.200 0.383
201409 0.094 98.900 0.109
201412 -0.412 99.000 -0.477
201503 0.476 99.900 0.546
201506 0.346 99.500 0.399
201509 0.123 100.500 0.140
201512 -0.816 100.600 -0.930
201603 0.121 102.200 0.136
201606 0.165 101.400 0.187
201609 0.101 102.400 0.113
201612 -0.593 102.600 -0.663
201703 0.414 103.200 0.460
201706 -0.048 103.100 -0.053
201709 -0.567 104.100 -0.625
201712 -0.315 104.500 -0.346
201803 0.109 105.300 0.119
201806 0.045 104.900 0.049
201809 -1.011 106.600 -1.088
201812 -0.749 106.500 -0.806
201903 0.233 107.700 0.248
201906 -0.049 107.700 -0.052
201909 -0.140 109.800 -0.146
201912 -0.156 111.200 -0.161
202003 0.406 112.300 0.415
202006 0.239 110.400 0.248
202009 -0.165 111.700 -0.169
202012 0.395 111.500 0.406
202103 0.970 112.662 0.987
202106 0.742 111.769 0.761
202109 0.479 112.215 0.489
202112 -0.031 113.108 -0.031
202203 0.041 114.335 0.041
202206 0.477 114.558 0.477
202209 -0.236 115.339 -0.235
202212 0.159 115.116 0.158
202303 0.306 115.116 0.305
202306 0.299 114.558 0.299
202309 0.989 115.339 0.983
202312 0.122 114.669 0.122
202403 0.483 114.669 0.483

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.


Chongqing Changan Automobile Co  (SZSE:000625) 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.


Chongqing Changan Automobile Co Cyclically Adjusted Price-to-FCF Related Terms

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Chongqing Changan Automobile Co (SZSE:000625) Business Description

Traded in Other Exchanges
Address
No. 260, East Jianxin Road, Jiangbei District, Chongqing, CHN, 400023
Chongqing Changan Automobile Co Ltd is engaged in automobile manufacturing. It has 14 production bases and 33 vehicle, engine and transmission factories around the world. The company has a vast majority of engineering and technical personnel around the world and has established Chongqing, Beijing, Hebei Dingzhou, Anhui Hefei, Italy Turin, Japan Yokohama, UK Birmingham, us Detroit and Germany Munich. It has a professional automobile R&D process system and test verification system to ensure that each product can meet the needs of its users. The company has launched CS series, Eado series, UNI series and other products. In the field of intelligence, the Beidou Tianshu Plan provides users with a four-hearted car platform that is safe, happy, caring, and worry-free.

Chongqing Changan Automobile Co (SZSE:000625) Headlines

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