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China Tungsten And Hightech Materials Co (SZSE:000657) Cyclically Adjusted Price-to-FCF : 95.40 (As of Jan. 19, 2025)


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What is China Tungsten And Hightech Materials Co Cyclically Adjusted Price-to-FCF?

As of today (2025-01-19), China Tungsten And Hightech Materials Co's current share price is ¥9.54. China Tungsten And Hightech Materials Co's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was ¥0.10. China Tungsten And Hightech Materials Co's Cyclically Adjusted Price-to-FCF for today is 95.40.

The historical rank and industry rank for China Tungsten And Hightech Materials Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SZSE:000657' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 35.38   Med: 80.38   Max: 256.5
Current: 96

During the past years, China Tungsten And Hightech Materials Co's highest Cyclically Adjusted Price-to-FCF was 256.50. The lowest was 35.38. And the median was 80.38.

SZSE:000657's Cyclically Adjusted Price-to-FCF is ranked worse than
84.38% of 256 companies
in the Metals & Mining industry
Industry Median: 24.15 vs SZSE:000657: 96.00

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.

China Tungsten And Hightech Materials Co's adjusted free cash flow per share data for the three months ended in Sep. 2024 was ¥0.029. 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 ¥0.10 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Tungsten And Hightech Materials Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Tungsten And Hightech Materials 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.

China Tungsten And Hightech Materials Co Cyclically Adjusted Price-to-FCF Chart

China Tungsten And Hightech Materials 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 44.09 85.89 115.88 86.77 62.77

China Tungsten And Hightech Materials Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 106.43 62.77 105.08 75.65 98.61

Competitive Comparison of China Tungsten And Hightech Materials Co's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, China Tungsten And Hightech Materials 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.


China Tungsten And Hightech Materials Co's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, China Tungsten And Hightech Materials Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China Tungsten And Hightech Materials Co's Cyclically Adjusted Price-to-FCF falls into.



China Tungsten And Hightech Materials 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.

China Tungsten And Hightech Materials Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9.54/0.1
=95.40

* 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.

China Tungsten And Hightech Materials Co's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, China Tungsten And Hightech Materials Co's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.029/115.7848*115.7848
=0.029

Current CPI (Sep. 2024) = 115.7848.

China Tungsten And Hightech Materials Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.729 99.000 0.853
201503 0.054 99.900 0.063
201506 0.093 99.500 0.108
201509 0.089 100.500 0.103
201512 0.059 100.600 0.068
201603 -0.099 102.200 -0.112
201606 0.067 101.400 0.077
201609 0.061 102.400 0.069
201612 0.149 102.600 0.168
201703 -0.046 103.200 -0.052
201706 0.132 103.100 0.148
201709 0.267 104.100 0.297
201712 -0.005 104.500 -0.006
201803 -0.143 105.300 -0.157
201806 -0.240 104.900 -0.265
201809 0.019 106.600 0.021
201812 0.402 106.500 0.437
201903 -0.154 107.700 -0.166
201906 0.033 107.700 0.035
201909 -0.012 109.800 -0.013
201912 0.153 111.200 0.159
202003 -0.232 112.300 -0.239
202006 -0.033 110.400 -0.035
202009 -0.191 111.700 -0.198
202012 -0.085 111.500 -0.088
202103 -0.093 112.662 -0.096
202106 -0.035 111.769 -0.036
202109 0.172 112.215 0.177
202112 0.196 113.108 0.201
202203 -0.199 114.335 -0.202
202206 -0.084 114.558 -0.085
202209 0.091 115.339 0.091
202212 0.315 115.116 0.317
202303 -0.309 115.116 -0.311
202306 -0.099 114.558 -0.100
202309 -0.119 115.339 -0.119
202312 0.396 114.781 0.399
202403 -0.497 115.227 -0.499
202406 -0.048 114.781 -0.048
202409 0.029 115.785 0.029

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.


China Tungsten And Hightech Materials Co  (SZSE:000657) 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.


China Tungsten And Hightech Materials Co Cyclically Adjusted Price-to-FCF Related Terms

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China Tungsten And Hightech Materials Co Business Description

Traded in Other Exchanges
N/A
Address
No. 17 Kai Yuan Da Dao, Kaiyuan Xincheng Hotel, 19F, National Economic and Technical Development Zone, Changsha, Hunan, CHN, 410100
China Tungsten And Hightech Materials Co Ltd produces and sells carbide, tungsten, niobium and other non-ferrous metals.
Executives
Zhang Yi Director
Ou Xiao Long Executives
Peng Shao Yu Executives

China Tungsten And Hightech Materials Co Headlines

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