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Anhui Ankai Automobile Co (SZSE:000868) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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What is Anhui Ankai Automobile Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Anhui Ankai Automobile Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Anhui Ankai 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.

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Anhui Ankai Automobile Co Cyclically Adjusted Price-to-FCF Chart

Anhui Ankai Automobile Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Anhui Ankai Automobile 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 Anhui Ankai Automobile Co's Cyclically Adjusted Price-to-FCF

For the Auto Manufacturers subindustry, Anhui Ankai 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.


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

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

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



Anhui Ankai 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.

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

For example, Anhui Ankai 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)
=-0.334/115.2271*115.2271
=-0.334

Current CPI (Mar. 2024) = 115.2271.

Anhui Ankai Automobile Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.393 98.200 -0.461
201409 0.099 98.900 0.115
201412 0.633 99.000 0.737
201503 -1.470 99.900 -1.696
201506 -0.189 99.500 -0.219
201509 0.022 100.500 0.025
201512 0.408 100.600 0.467
201603 -0.532 102.200 -0.600
201606 -1.105 101.400 -1.256
201609 -0.412 102.400 -0.464
201612 0.168 102.600 0.189
201703 -0.349 103.200 -0.390
201706 1.565 103.100 1.749
201709 -0.531 104.100 -0.588
201712 -0.291 104.500 -0.321
201803 -0.880 105.300 -0.963
201806 0.558 104.900 0.613
201809 -0.050 106.600 -0.054
201812 -0.185 106.500 -0.200
201903 0.607 107.700 0.649
201906 -0.194 107.700 -0.208
201909 -0.394 109.800 -0.413
201912 0.857 111.200 0.888
202003 -0.295 112.300 -0.303
202006 -0.505 110.400 -0.527
202009 0.312 111.700 0.322
202012 1.163 111.500 1.202
202103 -0.002 112.662 -0.002
202106 -0.605 111.769 -0.624
202109 -0.333 112.215 -0.342
202112 0.200 113.108 0.204
202203 0.386 114.335 0.389
202206 0.076 114.558 0.076
202209 0.054 115.339 0.054
202212 -0.152 115.116 -0.152
202303 -0.142 115.116 -0.142
202306 0.324 114.558 0.326
202309 0.131 115.339 0.131
202312 0.240 114.781 0.241
202403 -0.334 115.227 -0.334

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.


Anhui Ankai Automobile Co  (SZSE:000868) 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.


Anhui Ankai Automobile Co Cyclically Adjusted Price-to-FCF Related Terms

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Anhui Ankai Automobile Co (SZSE:000868) Business Description

Traded in Other Exchanges
N/A
Address
No.99, Huayuan Avenue, Hefei, CHN
Anhui Ankai Automobile Co Ltd is a China-based company operates in the business of busses. It manufactures and sells large, medium, and light buses and their automotive parts. It offers Coach, City bus, School bus and New energy bus. Geographically the business activities are carried out through China and its products are exported to developed countries and regions, including U.S., UK, Australia, Dubai, Hong Kong, and Macau.
Executives
Shi Xiao Hong Supervisors
Zhang Han Dong Director
Dong Gang Executives
Sheng Xia Securities Affairs Representative
Li Qiang Director

Anhui Ankai Automobile Co (SZSE:000868) Headlines

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