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Weihai Guangtai Airport Equipment Co (SZSE:002111) Cyclically Adjusted Price-to-FCF : 175.50 (As of Jun. 09, 2024)


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What is Weihai Guangtai Airport Equipment Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Weihai Guangtai Airport Equipment Co's current share price is ¥10.53. Weihai Guangtai Airport Equipment Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.06. Weihai Guangtai Airport Equipment Co's Cyclically Adjusted Price-to-FCF for today is 175.50.

The historical rank and industry rank for Weihai Guangtai Airport Equipment Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SZSE:002111' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 82.14   Med: 177   Max: 408
Current: 190.56

During the past years, Weihai Guangtai Airport Equipment Co's highest Cyclically Adjusted Price-to-FCF was 408.00. The lowest was 82.14. And the median was 177.00.

SZSE:002111's Cyclically Adjusted Price-to-FCF is ranked worse than
94.95% of 99 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 25.54 vs SZSE:002111: 190.56

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.

Weihai Guangtai Airport Equipment Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.335. 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 ¥0.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Weihai Guangtai Airport Equipment Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Weihai Guangtai Airport Equipment 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.

Weihai Guangtai Airport Equipment Co Cyclically Adjusted Price-to-FCF Chart

Weihai Guangtai Airport Equipment 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 - 86.84 355.88 175.06 120.20

Weihai Guangtai Airport Equipment 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 265.57 - - 120.20 197.08

Competitive Comparison of Weihai Guangtai Airport Equipment Co's Cyclically Adjusted Price-to-FCF

For the Farm & Heavy Construction Machinery subindustry, Weihai Guangtai Airport Equipment 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.


Weihai Guangtai Airport Equipment Co's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Weihai Guangtai Airport Equipment Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Weihai Guangtai Airport Equipment Co's Cyclically Adjusted Price-to-FCF falls into.



Weihai Guangtai Airport Equipment 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.

Weihai Guangtai Airport Equipment Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=10.53/0.06
=175.50

* 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.

Weihai Guangtai Airport Equipment Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Weihai Guangtai Airport Equipment 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)
=-0.335/115.2271*115.2271
=-0.335

Current CPI (Mar. 2024) = 115.2271.

Weihai Guangtai Airport Equipment Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.036 98.200 0.042
201409 0.126 98.900 0.147
201412 -0.034 99.000 -0.040
201503 -0.008 99.900 -0.009
201506 -0.241 99.500 -0.279
201509 -0.033 100.500 -0.038
201512 0.309 100.600 0.354
201603 -0.125 102.200 -0.141
201606 -0.256 101.400 -0.291
201609 -0.121 102.400 -0.136
201612 0.343 102.600 0.385
201703 -0.416 103.200 -0.464
201706 -0.210 103.100 -0.235
201709 0.359 104.100 0.397
201712 0.171 104.500 0.189
201803 -0.264 105.300 -0.289
201806 -0.011 104.900 -0.012
201809 -0.276 106.600 -0.298
201812 0.615 106.500 0.665
201903 -0.318 107.700 -0.340
201906 -0.189 107.700 -0.202
201909 -0.060 109.800 -0.063
201912 1.570 111.200 1.627
202003 -0.340 112.300 -0.349
202006 0.028 110.400 0.029
202009 -0.176 111.700 -0.182
202012 1.720 111.500 1.777
202103 -0.721 112.662 -0.737
202106 -0.819 111.769 -0.844
202109 -0.431 112.215 -0.443
202112 0.885 113.108 0.902
202203 0.104 114.335 0.105
202206 -0.623 114.558 -0.627
202209 -0.243 115.339 -0.243
202212 0.699 115.116 0.700
202303 -0.354 115.116 -0.354
202306 -0.521 114.558 -0.524
202309 -0.172 115.339 -0.172
202312 0.877 114.781 0.880
202403 -0.335 115.227 -0.335

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.


Weihai Guangtai Airport Equipment Co  (SZSE:002111) 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.


Weihai Guangtai Airport Equipment Co Cyclically Adjusted Price-to-FCF Related Terms

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Weihai Guangtai Airport Equipment Co (SZSE:002111) Business Description

Traded in Other Exchanges
N/A
Address
No. 16 Huanghe Street, Huancui District, Shandong Province, Weihai, CHN, 264200
Weihai Guangtai Airport Equipment Co Ltd is a enaged in the development, design, production, sales, maintenance and related services, technical training, technical consulting, testing, installation and leasing of airport equipment, port equipment, and airborne equipment.
Executives
Jiao Xing Wang Independent director
Li Qin Directors, executives
Li Guang Tai Director
Wang Qing Dong Supervisors
Li Wen Xuan Director
Luo Li Supervisors
Meng Yan Directors, executives
Qiao Zhi Dong Executives
Guo Shao Ping Director
Wang Jun Securities Affairs Representative
Chen Wei Zhong Director

Weihai Guangtai Airport Equipment Co (SZSE:002111) Headlines

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