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Xinxiang Chemical Fibre Co (SZSE:000949) Cyclically Adjusted Price-to-FCF : (As of Jun. 19, 2024)


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What is Xinxiang Chemical Fibre Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Xinxiang Chemical Fibre Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Xinxiang Chemical Fibre 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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Xinxiang Chemical Fibre Co Cyclically Adjusted Price-to-FCF Chart

Xinxiang Chemical Fibre Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Xinxiang Chemical Fibre 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 Xinxiang Chemical Fibre Co's Cyclically Adjusted Price-to-FCF

For the Chemicals subindustry, Xinxiang Chemical Fibre 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.


Xinxiang Chemical Fibre Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Xinxiang Chemical Fibre Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Xinxiang Chemical Fibre 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.

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

For example, Xinxiang Chemical Fibre 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)
=-0.142/115.2271*115.2271
=-0.142

Current CPI (Mar. 2024) = 115.2271.

Xinxiang Chemical Fibre Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.081 98.200 0.095
201409 -0.034 98.900 -0.040
201412 -0.085 99.000 -0.099
201503 0.030 99.900 0.035
201506 -0.051 99.500 -0.059
201509 0.120 100.500 0.138
201512 -0.036 100.600 -0.041
201603 -0.046 102.200 -0.052
201606 -0.050 101.400 -0.057
201609 0.133 102.400 0.150
201612 -0.100 102.600 -0.112
201703 -0.104 103.200 -0.116
201706 -0.377 103.100 -0.421
201709 -0.229 104.100 -0.253
201712 -0.079 104.500 -0.087
201803 -0.073 105.300 -0.080
201806 -0.194 104.900 -0.213
201809 -0.119 106.600 -0.129
201812 0.046 106.500 0.050
201903 -0.206 107.700 -0.220
201906 0.019 107.700 0.020
201909 -0.091 109.800 -0.095
201912 0.035 111.200 0.036
202003 0.040 112.300 0.041
202006 -0.108 110.400 -0.113
202009 0.060 111.700 0.062
202012 -0.096 111.500 -0.099
202103 0.028 112.662 0.029
202106 0.233 111.769 0.240
202109 0.341 112.215 0.350
202112 -0.034 113.108 -0.035
202203 -0.046 114.335 -0.046
202206 -0.269 114.558 -0.271
202209 -0.141 115.339 -0.141
202212 -0.289 115.116 -0.289
202303 -0.053 115.116 -0.053
202306 -0.002 114.558 -0.002
202309 0.067 115.339 0.067
202312 -0.035 114.781 -0.035
202403 -0.142 115.227 -0.142

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.


Xinxiang Chemical Fibre Co  (SZSE:000949) 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.


Xinxiang Chemical Fibre Co Cyclically Adjusted Price-to-FCF Related Terms

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Xinxiang Chemical Fibre Co (SZSE:000949) Business Description

Traded in Other Exchanges
N/A
Address
South side of Xinchang Road, Economic and Technological Development Zone, Henan, Xinxiang, CHN, 453006
Xinxiang Chemical Fibre Co Ltd specializes in producing chemical fiber textile raw materials in China. Their main products are centrifugal viscose rayon filament yarn, continuous viscose rayon filament yarn, viscose staple fiber, and polyester. The company's products are not only sold in the Chinese market but also exported to more than 30 countries and regions such as Germany, Italy, Japan, South Korea and India.
Executives
Zhu Xue Xin Supervisors
Chen Xi An Executives
Lu Wei Executives
Zhang Jia Qi Directors, executives
Wang Wen Xin Director
Shao Zhang Jin Director
Ji Yu Dong Directors, executives
Feng Li Ping Executives
Yue Sheng Li Director
Zhou Xue Li Executives
Song De Shun Executives
Cao Jun You Executives
Xiao Shu Bin Director
Zhou Jian Hua Supervisors
Jia Bao Liang Directors, executives

Xinxiang Chemical Fibre Co (SZSE:000949) Headlines

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