GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tecon Biology Co Ltd (SZSE:002100) » Definitions » Cyclically Adjusted Price-to-FCF

Tecon Biology Co (SZSE:002100) Cyclically Adjusted Price-to-FCF : (As of May. 29, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Tecon Biology Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tecon Biology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tecon Biology 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.

Tecon Biology Co Cyclically Adjusted Price-to-FCF Chart

Tecon Biology 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 - - - - -

Tecon Biology 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 - - - - -

Competitive Comparison of Tecon Biology Co's Cyclically Adjusted Price-to-FCF

For the Packaged Foods subindustry, Tecon Biology 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.


Tecon Biology Co's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tecon Biology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Tecon Biology Co's Cyclically Adjusted Price-to-FCF falls into.



Tecon Biology 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.

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

For example, Tecon Biology 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)
=-0.396/115.2271*115.2271
=-0.396

Current CPI (Mar. 2024) = 115.2271.

Tecon Biology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.152 98.200 -0.178
201409 0.379 98.900 0.442
201412 0.055 99.000 0.064
201503 -0.078 99.900 -0.090
201506 0.070 99.500 0.081
201509 0.147 100.500 0.169
201512 0.230 100.600 0.263
201603 0.152 102.200 0.171
201606 -0.084 101.400 -0.095
201609 0.056 102.400 0.063
201612 -0.091 102.600 -0.102
201703 -0.056 103.200 -0.063
201706 0.159 103.100 0.178
201709 0.132 104.100 0.146
201712 -0.173 104.500 -0.191
201803 -0.207 105.300 -0.227
201806 0.081 104.900 0.089
201809 -0.148 106.600 -0.160
201812 -1.544 106.500 -1.671
201903 -0.327 107.700 -0.350
201906 0.330 107.700 0.353
201909 0.787 109.800 0.826
201912 -1.355 111.200 -1.404
202003 0.395 112.300 0.405
202006 0.450 110.400 0.470
202009 0.649 111.700 0.669
202012 -2.950 111.500 -3.049
202103 0.360 112.662 0.368
202106 1.382 111.769 1.425
202109 0.585 112.215 0.601
202112 -2.204 113.108 -2.245
202203 -0.672 114.335 -0.677
202206 0.561 114.558 0.564
202209 0.975 115.339 0.974
202212 -1.728 115.116 -1.730
202303 -0.432 115.116 -0.432
202306 1.341 114.558 1.349
202309 1.069 115.339 1.068
202312 -1.395 114.781 -1.400
202403 -0.396 115.227 -0.396

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.


Tecon Biology Co  (SZSE:002100) 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.


Tecon Biology Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Tecon Biology Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Tecon Biology Co (SZSE:002100) Business Description

Traded in Other Exchanges
N/A
Address
High-tech Zone in Changchun Road, 528 Tiankang Business Building, Xinjiang, Urumqi, CHN, 830011
Tecon Biology Co Ltd is engaged in the production and sales of veterinary biological products and animal disease prevention, modern pig science breeding and breeding, feed research and development and production, and pig slaughtering and processing. The company mainly operates its businesses within domestic markets, with Xinjiang Province as its main market.
Executives
Wang Xiao Supervisors
Pan Yi Ping Executives
Xu Heng Executives
Wu Xiang Yong Director
Sun Wei Hong Independent director
Wu Ming Qi Executives
Wang Xin An Director
Geng Li Xin Directors, executives
Che Xin Hui Supervisors

Tecon Biology Co (SZSE:002100) Headlines

No Headlines