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Zhejiang Wanfeng Auto Wheel Co (SZSE:002085) Cyclically Adjusted Price-to-FCF : 51.96 (As of Jun. 09, 2024)


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What is Zhejiang Wanfeng Auto Wheel Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Zhejiang Wanfeng Auto Wheel Co's current share price is ¥14.55. Zhejiang Wanfeng Auto Wheel Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.28. Zhejiang Wanfeng Auto Wheel Co's Cyclically Adjusted Price-to-FCF for today is 51.96.

The historical rank and industry rank for Zhejiang Wanfeng Auto Wheel Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SZSE:002085' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.45   Med: 57.3   Max: 238.33
Current: 52.3

During the past years, Zhejiang Wanfeng Auto Wheel Co's highest Cyclically Adjusted Price-to-FCF was 238.33. The lowest was 16.45. And the median was 57.30.

SZSE:002085's Cyclically Adjusted Price-to-FCF is ranked worse than
75.3% of 494 companies
in the Vehicles & Parts industry
Industry Median: 21.27 vs SZSE:002085: 52.30

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.

Zhejiang Wanfeng Auto Wheel Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.014. 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 ¥0.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Wanfeng Auto Wheel Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zhejiang Wanfeng Auto Wheel 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.

Zhejiang Wanfeng Auto Wheel Co Cyclically Adjusted Price-to-FCF Chart

Zhejiang Wanfeng Auto Wheel 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 49.67 36.59 28.76 26.85 17.11

Zhejiang Wanfeng Auto Wheel 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 25.02 25.50 19.77 17.11 60.75

Competitive Comparison of Zhejiang Wanfeng Auto Wheel Co's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Zhejiang Wanfeng Auto Wheel 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.


Zhejiang Wanfeng Auto Wheel Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Wanfeng Auto Wheel Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Zhejiang Wanfeng Auto Wheel Co's Cyclically Adjusted Price-to-FCF falls into.



Zhejiang Wanfeng Auto Wheel 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.

Zhejiang Wanfeng Auto Wheel Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=14.55/0.28
=51.96

* 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.

Zhejiang Wanfeng Auto Wheel Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Zhejiang Wanfeng Auto Wheel 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)
=-0.014/115.2271*115.2271
=-0.014

Current CPI (Mar. 2024) = 115.2271.

Zhejiang Wanfeng Auto Wheel Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.029 98.200 0.034
201409 0.007 98.900 0.008
201412 0.034 99.000 0.040
201503 -0.001 99.900 -0.001
201506 -0.021 99.500 -0.024
201509 0.002 100.500 0.002
201512 0.114 100.600 0.131
201603 0.009 102.200 0.010
201606 0.193 101.400 0.219
201609 0.009 102.400 0.010
201612 0.064 102.600 0.072
201703 0.051 103.200 0.057
201706 0.110 103.100 0.123
201709 -0.020 104.100 -0.022
201712 -0.004 104.500 -0.004
201803 0.063 105.300 0.069
201806 0.139 104.900 0.153
201809 -0.404 106.600 -0.437
201812 0.195 106.500 0.211
201903 -0.007 107.700 -0.007
201906 0.073 107.700 0.078
201909 0.041 109.800 0.043
201912 0.085 111.200 0.088
202003 0.136 112.300 0.140
202006 0.065 110.400 0.068
202009 0.083 111.700 0.086
202012 0.306 111.500 0.316
202103 0.084 112.662 0.086
202106 0.003 111.769 0.003
202109 0.020 112.215 0.021
202112 0.044 113.108 0.045
202203 -0.021 114.335 -0.021
202206 0.162 114.558 0.163
202209 0.233 115.339 0.233
202212 0.093 115.116 0.093
202303 0.295 115.116 0.295
202306 0.234 114.558 0.235
202309 0.027 115.339 0.027
202312 0.155 114.781 0.156
202403 -0.014 115.227 -0.014

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.


Zhejiang Wanfeng Auto Wheel Co  (SZSE:002085) 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.


Zhejiang Wanfeng Auto Wheel Co Cyclically Adjusted Price-to-FCF Related Terms

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Zhejiang Wanfeng Auto Wheel Co (SZSE:002085) Business Description

Traded in Other Exchanges
N/A
Address
Xinchang County Industrial Park, Zhejiang Province, Chengguan Town, Shaoxing, CHN, 312500
Zhejiang Wanfeng Auto Wheel Co Ltd is a China-based company engages in the manufacture and sale of aluminum alloy wheels for automobiles and motorcycles, as well as magnesium alloy wheels. The company's operating segment includes Automobile wheel; Motorcycle wheel; Coating processing; Magnesium alloy die casting products; Stamping and General Aviation Aircraft. It generates maximum revenue from the Automobile wheel segment.
Executives
Yang Hui Hui Supervisors
Chen Ai Lian Director
Wu Xing Zhong Executives
Li Yun Director
Xu Xiao Fang Directors, executives
Zhu Xun Ming Director

Zhejiang Wanfeng Auto Wheel Co (SZSE:002085) Headlines

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