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China Haisum Engineering Co (SZSE:002116) Cyclically Adjusted Price-to-FCF : 13.78 (As of Jun. 20, 2024)


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What is China Haisum Engineering Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-20), China Haisum Engineering Co's current share price is ¥9.51. China Haisum Engineering Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.69. China Haisum Engineering Co's Cyclically Adjusted Price-to-FCF for today is 13.78.

The historical rank and industry rank for China Haisum Engineering Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SZSE:002116' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.58   Med: 16.85   Max: 68.69
Current: 14.08

During the past years, China Haisum Engineering Co's highest Cyclically Adjusted Price-to-FCF was 68.69. The lowest was 10.58. And the median was 16.85.

SZSE:002116's Cyclically Adjusted Price-to-FCF is ranked better than
58.16% of 588 companies
in the Construction industry
Industry Median: 17.445 vs SZSE:002116: 14.08

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.

China Haisum Engineering Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.294. 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 ¥0.69 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Haisum Engineering Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Haisum Engineering 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.

China Haisum Engineering Co Cyclically Adjusted Price-to-FCF Chart

China Haisum Engineering 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 16.49 14.10 11.82 12.53 15.86

China Haisum Engineering 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 14.20 16.91 15.76 15.86 14.95

Competitive Comparison of China Haisum Engineering Co's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, China Haisum Engineering 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.


China Haisum Engineering Co's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Haisum Engineering Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China Haisum Engineering Co's Cyclically Adjusted Price-to-FCF falls into.



China Haisum Engineering 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.

China Haisum Engineering Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9.51/0.69
=13.78

* 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.

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

For example, China Haisum Engineering 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)
=0.294/115.2271*115.2271
=0.294

Current CPI (Mar. 2024) = 115.2271.

China Haisum Engineering Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.027 98.200 0.032
201409 0.400 98.900 0.466
201412 -0.169 99.000 -0.197
201503 -0.276 99.900 -0.318
201506 0.676 99.500 0.783
201509 0.483 100.500 0.554
201512 0.196 100.600 0.224
201603 -0.296 102.200 -0.334
201606 0.137 101.400 0.156
201609 -0.012 102.400 -0.014
201612 1.100 102.600 1.235
201703 -0.305 103.200 -0.341
201706 0.042 103.100 0.047
201709 -0.077 104.100 -0.085
201712 0.306 104.500 0.337
201803 -0.251 105.300 -0.275
201806 0.053 104.900 0.058
201809 0.253 106.600 0.273
201812 -0.152 106.500 -0.164
201903 0.106 107.700 0.113
201906 -0.151 107.700 -0.162
201909 0.235 109.800 0.247
201912 0.558 111.200 0.578
202003 0.272 112.300 0.279
202006 -0.485 110.400 -0.506
202009 0.705 111.700 0.727
202012 0.624 111.500 0.645
202103 -0.570 112.662 -0.583
202106 0.474 111.769 0.489
202109 0.747 112.215 0.767
202112 0.358 113.108 0.365
202203 -0.609 114.335 -0.614
202206 1.486 114.558 1.495
202209 0.501 115.339 0.501
202212 0.626 115.116 0.627
202303 -0.873 115.116 -0.874
202306 0.281 114.558 0.283
202309 0.609 115.339 0.608
202312 -0.773 114.781 -0.776
202403 0.294 115.227 0.294

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.


China Haisum Engineering Co  (SZSE:002116) 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.


China Haisum Engineering Co Cyclically Adjusted Price-to-FCF Related Terms

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China Haisum Engineering Co (SZSE:002116) Business Description

Traded in Other Exchanges
N/A
Address
No. 21 Baoqing Road, Shanghai, Shanghai, CHN, 200031
China Haisum Engineering Co Ltd is a China-based company engaged in engineering design, consulting, supervision and contracting business. Its business scope covers light and textile, trade and commissariat, agriculture and forestry, machinery, municipal public utility, and architecture.
Executives
Chen Ping Supervisors
Yan Xiao Jian Director
Li Nong Supervisors
Zhang Jian Xin Directors, executives
Lin Hong Yang Executives
Weng Wei Min Executives
Hu Xiao Ping Directors, executives
Xu Qiu Hong Director
Xu Ping Jia Executives
Qi Yong Yi Executives
Bian Jun Yi Executives
Fan Yan Executives
Xu Da Tong Executives
Chen An Min Director
Lu Yu Chu Supervisors

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