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AECC Aero-Engine Controls Co (SZSE:000738) Cyclically Adjusted Price-to-FCF : 293.71 (As of May. 21, 2024)


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What is AECC Aero-Engine Controls Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-21), AECC Aero-Engine Controls Co's current share price is ¥20.56. AECC Aero-Engine Controls Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.07. AECC Aero-Engine Controls Co's Cyclically Adjusted Price-to-FCF for today is 293.71.

The historical rank and industry rank for AECC Aero-Engine Controls Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SZSE:000738' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 237.33   Med: 611.98   Max: 3028
Current: 317.67

During the past years, AECC Aero-Engine Controls Co's highest Cyclically Adjusted Price-to-FCF was 3028.00. The lowest was 237.33. And the median was 611.98.

SZSE:000738's Cyclically Adjusted Price-to-FCF is ranked worse than
95.28% of 106 companies
in the Aerospace & Defense industry
Industry Median: 34.915 vs SZSE:000738: 317.67

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.

AECC Aero-Engine Controls Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.264. 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 ¥0.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AECC Aero-Engine Controls Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for AECC Aero-Engine Controls 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.

AECC Aero-Engine Controls Co Cyclically Adjusted Price-to-FCF Chart

AECC Aero-Engine Controls 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 - - 2,377.37 645.39 325.35

AECC Aero-Engine Controls 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 1,382.75 1,010.04 433.58 325.35 284.77

Competitive Comparison of AECC Aero-Engine Controls Co's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, AECC Aero-Engine Controls 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.


AECC Aero-Engine Controls Co's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AECC Aero-Engine Controls Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where AECC Aero-Engine Controls Co's Cyclically Adjusted Price-to-FCF falls into.



AECC Aero-Engine Controls 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.

AECC Aero-Engine Controls Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=20.56/0.07
=293.71

* 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.

AECC Aero-Engine Controls Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, AECC Aero-Engine Controls 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)
=-0.264/115.2271*115.2271
=-0.264

Current CPI (Mar. 2024) = 115.2271.

AECC Aero-Engine Controls Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.005 98.200 -0.006
201409 -0.036 98.900 -0.042
201412 0.107 99.000 0.125
201503 -0.178 99.900 -0.205
201506 0.030 99.500 0.035
201509 -0.009 100.500 -0.010
201512 0.409 100.600 0.468
201603 -0.169 102.200 -0.191
201606 -0.040 101.400 -0.045
201609 0.124 102.400 0.140
201612 0.002 102.600 0.002
201703 -0.219 103.200 -0.245
201706 0.214 103.100 0.239
201709 -0.096 104.100 -0.106
201712 0.614 104.500 0.677
201803 -0.326 105.300 -0.357
201806 -0.067 104.900 -0.074
201809 -0.062 106.600 -0.067
201812 -0.168 106.500 -0.182
201903 -0.290 107.700 -0.310
201906 -0.065 107.700 -0.070
201909 0.104 109.800 0.109
201912 0.749 111.200 0.776
202003 -0.200 112.300 -0.205
202006 -0.198 110.400 -0.207
202009 0.198 111.700 0.204
202012 0.180 111.500 0.186
202103 -0.254 112.662 -0.260
202106 0.365 111.769 0.376
202109 0.200 112.215 0.205
202112 -0.106 113.108 -0.108
202203 -0.273 114.335 -0.275
202206 0.052 114.558 0.052
202209 0.624 115.339 0.623
202212 -0.313 115.116 -0.313
202303 -0.331 115.116 -0.331
202306 0.040 114.558 0.040
202309 -0.004 115.339 -0.004
202312 0.267 114.781 0.268
202403 -0.264 115.227 -0.264

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.


AECC Aero-Engine Controls Co  (SZSE:000738) 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.


AECC Aero-Engine Controls Co Cyclically Adjusted Price-to-FCF Related Terms

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AECC Aero-Engine Controls Co (SZSE:000738) Business Description

Traded in Other Exchanges
N/A
Address
No.72 , Liangxi Road, Binhu District, Jiangsu Province, Wuxi City, CHN
AECC Aero-Engine Controls Co Ltd is engaged in the provision of aviation and defense and non-aviation civilian products. The company provides civil aviation control system precision components for well-known aviation companies abroad. It operates through three major business segments, Engine Control Systems and Components, International Cooperation and Non-Navigation Products. The Engine Control System and Components business mainly include the development, production, repair, and sales of aero-engine control systems and derivative products.

AECC Aero-Engine Controls Co (SZSE:000738) Headlines

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