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Ligeance Aerospace Technology Co (SZSE:000697) Cyclically Adjusted Price-to-FCF : (As of Jun. 20, 2024)


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What is Ligeance Aerospace Technology Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ligeance Aerospace Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ligeance Aerospace Technology 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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Ligeance Aerospace Technology Co Cyclically Adjusted Price-to-FCF Chart

Ligeance Aerospace Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Ligeance Aerospace Technology 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 Ligeance Aerospace Technology Co's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Ligeance Aerospace Technology 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.


Ligeance Aerospace Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ligeance Aerospace Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Ligeance Aerospace Technology Co's Cyclically Adjusted Price-to-FCF falls into.



Ligeance Aerospace Technology 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.

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

For example, Ligeance Aerospace Technology 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)
=-0.137/115.2271*115.2271
=-0.137

Current CPI (Mar. 2024) = 115.2271.

Ligeance Aerospace Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.188 98.200 -0.221
201409 -0.015 98.900 -0.017
201412 0.024 99.000 0.028
201503 -0.205 99.900 -0.236
201506 -0.103 99.500 -0.119
201509 -0.140 100.500 -0.161
201512 0.054 100.600 0.062
201603 -0.146 102.200 -0.165
201606 -0.064 101.400 -0.073
201609 -0.106 102.400 -0.119
201612 -0.135 102.600 -0.152
201703 -0.105 103.200 -0.117
201706 -0.605 103.100 -0.676
201709 0.087 104.100 0.096
201712 0.290 104.500 0.320
201803 -0.066 105.300 -0.072
201806 -0.530 104.900 -0.582
201809 0.403 106.600 0.436
201812 -0.143 106.500 -0.155
201903 -0.266 107.700 -0.285
201906 -0.086 107.700 -0.092
201909 0.101 109.800 0.106
201912 0.006 111.200 0.006
202003 -0.198 112.300 -0.203
202006 0.147 110.400 0.153
202009 -0.169 111.700 -0.174
202012 -0.141 111.500 -0.146
202103 -0.207 112.662 -0.212
202106 -0.058 111.769 -0.060
202109 -0.064 112.215 -0.066
202112 -0.124 113.108 -0.126
202203 -0.057 114.335 -0.057
202206 -0.035 114.558 -0.035
202209 -0.163 115.339 -0.163
202212 -0.047 115.116 -0.047
202303 -0.251 115.116 -0.251
202306 -0.147 114.558 -0.148
202309 -0.210 115.339 -0.210
202312 0.003 114.781 0.003
202403 -0.137 115.227 -0.137

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.


Ligeance Aerospace Technology Co  (SZSE:000697) 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.


Ligeance Aerospace Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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Ligeance Aerospace Technology Co (SZSE:000697) Business Description

Traded in Other Exchanges
N/A
Address
No. 55, Century Avenue, Xixian New District, Shaanxi Province, Xianyang, CHN, 712000
Ligeance Aerospace Technology Co Ltd is a China-based mineral exploration and production company. Its business scope includes molybdenum, rhenium, and other non-ferrous minerals development, smelting, trade, refining and development of new technologies.
Executives
Zhang Zheng Director
Zhao Geng Shen Independent director
Qiao Cui Ling Executives

Ligeance Aerospace Technology Co (SZSE:000697) Headlines

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