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H & R Century Union (SZSE:000892) Cyclically Adjusted Price-to-FCF : (As of May. 22, 2024)


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What is H & R Century Union Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


H & R Century Union Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for H & R Century Union'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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H & R Century Union Cyclically Adjusted Price-to-FCF Chart

H & R Century Union Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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H & R Century Union 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 H & R Century Union's Cyclically Adjusted Price-to-FCF

For the Broadcasting subindustry, H & R Century Union'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.


H & R Century Union's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, H & R Century Union's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where H & R Century Union's Cyclically Adjusted Price-to-FCF falls into.



H & R Century Union 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.

H & R Century Union's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, H & R Century Union'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)
=-0.032/115.2271*115.2271
=-0.032

Current CPI (Mar. 2024) = 115.2271.

H & R Century Union Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.002 98.200 -0.002
201409 -0.002 98.900 -0.002
201412 -0.001 99.000 -0.001
201503 -0.001 99.900 -0.001
201506 -0.003 99.500 -0.003
201509 0.000 100.500 0.000
201512 0.160 100.600 0.183
201603 -0.173 102.200 -0.195
201606 0.105 101.400 0.119
201609 -0.273 102.400 -0.307
201612 0.317 102.600 0.356
201703 -0.675 103.200 -0.754
201706 -0.215 103.100 -0.240
201709 0.452 104.100 0.500
201712 -0.017 104.500 -0.019
201803 -0.310 105.300 -0.339
201806 -0.300 104.900 -0.330
201809 -0.038 106.600 -0.041
201812 -0.036 106.500 -0.039
201903 -0.048 107.700 -0.051
201906 -0.104 107.700 -0.111
201909 0.063 109.800 0.066
201912 0.077 111.200 0.080
202003 -0.016 112.300 -0.016
202006 0.066 110.400 0.069
202009 0.078 111.700 0.080
202012 0.153 111.500 0.158
202103 -0.266 112.662 -0.272
202106 0.210 111.769 0.216
202109 -0.128 112.215 -0.131
202112 -0.098 113.108 -0.100
202203 0.085 114.335 0.086
202206 -0.017 114.558 -0.017
202209 -0.095 115.339 -0.095
202212 0.019 115.116 0.019
202303 0.106 115.116 0.106
202306 -0.048 114.558 -0.048
202309 0.057 115.339 0.057
202312 0.091 114.781 0.091
202403 -0.032 115.227 -0.032

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.


H & R Century Union  (SZSE:000892) 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.


H & R Century Union Cyclically Adjusted Price-to-FCF Related Terms

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H & R Century Union (SZSE:000892) Business Description

Traded in Other Exchanges
N/A
Address
No. 50, Renmin East Road, Fuling District, Chongqing, CHN, 400020
H & R Century Union Corp is engaged in the production and distribution of film and television dramas, artist brokerage, games and film, and television derivative business.

H & R Century Union (SZSE:000892) Headlines

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