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Sichuan Meifeng Chemical Industry Co (SZSE:000731) Cyclically Adjusted Price-to-FCF : 12.02 (As of Jun. 22, 2024)


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What is Sichuan Meifeng Chemical Industry Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-22), Sichuan Meifeng Chemical Industry Co's current share price is ¥6.85. Sichuan Meifeng Chemical Industry Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.57. Sichuan Meifeng Chemical Industry Co's Cyclically Adjusted Price-to-FCF for today is 12.02.

The historical rank and industry rank for Sichuan Meifeng Chemical Industry Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SZSE:000731' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.88   Med: 58.31   Max: 1037
Current: 11.88

During the past years, Sichuan Meifeng Chemical Industry Co's highest Cyclically Adjusted Price-to-FCF was 1037.00. The lowest was 11.88. And the median was 58.31.

SZSE:000731's Cyclically Adjusted Price-to-FCF is ranked better than
69.89% of 93 companies
in the Agriculture industry
Industry Median: 15.95 vs SZSE:000731: 11.88

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.

Sichuan Meifeng Chemical Industry Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.086. 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 ¥0.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sichuan Meifeng Chemical Industry Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sichuan Meifeng Chemical 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.

* Premium members only.

Sichuan Meifeng Chemical Industry Co Cyclically Adjusted Price-to-FCF Chart

Sichuan Meifeng Chemical Industry 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 74.63 44.48 46.92 19.95 14.15

Sichuan Meifeng Chemical Industry 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 17.80 18.09 15.71 14.15 11.86

Competitive Comparison of Sichuan Meifeng Chemical Industry Co's Cyclically Adjusted Price-to-FCF

For the Agricultural Inputs subindustry, Sichuan Meifeng Chemical 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.


Sichuan Meifeng Chemical Industry Co's Cyclically Adjusted Price-to-FCF Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Sichuan Meifeng Chemical Industry Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Sichuan Meifeng Chemical 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.

Sichuan Meifeng Chemical Industry Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.85/0.57
=12.02

* 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.

Sichuan Meifeng Chemical Industry Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Sichuan Meifeng Chemical Industry 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)
=0.086/115.2271*115.2271
=0.086

Current CPI (Mar. 2024) = 115.2271.

Sichuan Meifeng Chemical Industry Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.174 98.200 -0.204
201409 -0.002 98.900 -0.002
201412 -0.060 99.000 -0.070
201503 -0.206 99.900 -0.238
201506 0.043 99.500 0.050
201509 -0.023 100.500 -0.026
201512 0.291 100.600 0.333
201603 -0.251 102.200 -0.283
201606 0.036 101.400 0.041
201609 -0.046 102.400 -0.052
201612 0.350 102.600 0.393
201703 -0.165 103.200 -0.184
201706 0.233 103.100 0.260
201709 0.353 104.100 0.391
201712 0.437 104.500 0.482
201803 -0.079 105.300 -0.086
201806 0.341 104.900 0.375
201809 0.349 106.600 0.377
201812 0.079 106.500 0.085
201903 0.130 107.700 0.139
201906 0.088 107.700 0.094
201909 0.234 109.800 0.246
201912 0.155 111.200 0.161
202003 -0.176 112.300 -0.181
202006 0.200 110.400 0.209
202009 0.146 111.700 0.151
202012 0.332 111.500 0.343
202103 0.011 112.662 0.011
202106 0.411 111.769 0.424
202109 0.370 112.215 0.380
202112 0.239 113.108 0.243
202203 0.503 114.335 0.507
202206 0.767 114.558 0.771
202209 0.173 115.339 0.173
202212 -0.034 115.116 -0.034
202303 -0.010 115.116 -0.010
202306 0.143 114.558 0.144
202309 0.159 115.339 0.159
202312 0.085 114.781 0.085
202403 0.086 115.227 0.086

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.


Sichuan Meifeng Chemical Industry Co  (SZSE:000731) 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.


Sichuan Meifeng Chemical Industry Co Cyclically Adjusted Price-to-FCF Related Terms

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Sichuan Meifeng Chemical Industry Co (SZSE:000731) Business Description

Traded in Other Exchanges
N/A
Address
No. 10, Section 1, Yuhua South Road, Sichuan Province, Deyang, CHN
Sichuan Meifeng Chemical Industry Co Ltd is a China-based chemical production enterprise. The chemical products offered by the company are urea, compound fertilizer, melamine, diesel exhaust gas treatment, nitric acid, ammonium nitrate, plastic-woven products and heavy-duty film packaging bags. Geographically operates through China.
Executives
Liu Zhi Gang Supervisors
Chen Rong Jiang Supervisors
Zhang Xiao Bin Director
Deng Da Lin Director
Liao Zhi Jun Supervisors
Cai Xing Fu Executives
Mao Kai Gui Supervisors
Fu Yong Director
Dong Wen De Supervisors
Chen Ping Directors, executives
Min Long Gang Director
Ding Wen Yi Supervisors
Liao Yong Fang Supervisors
Yang Jiu Yi Supervisors

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