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Shandong Minhe Animal Husbandry Co (SZSE:002234) Cyclically Adjusted Price-to-FCF : (As of Jun. 21, 2024)


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What is Shandong Minhe Animal Husbandry Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shandong Minhe Animal Husbandry Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shandong Minhe Animal Husbandry 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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Shandong Minhe Animal Husbandry Co Cyclically Adjusted Price-to-FCF Chart

Shandong Minhe Animal Husbandry 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 111.90 51.94 149.78 566.28 -

Shandong Minhe Animal Husbandry 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 306.28 249.11 335.76 - -

Competitive Comparison of Shandong Minhe Animal Husbandry Co's Cyclically Adjusted Price-to-FCF

For the Farm Products subindustry, Shandong Minhe Animal Husbandry 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.


Shandong Minhe Animal Husbandry Co's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Shandong Minhe Animal Husbandry Co's Cyclically Adjusted Price-to-FCF falls into.



Shandong Minhe Animal Husbandry 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.

Shandong Minhe Animal Husbandry Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shandong Minhe Animal Husbandry 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)
=-0.22/115.2271*115.2271
=-0.220

Current CPI (Mar. 2024) = 115.2271.

Shandong Minhe Animal Husbandry Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.086 98.200 0.101
201409 -0.014 98.900 -0.016
201412 -1.087 99.000 -1.265
201503 0.489 99.900 0.564
201506 -0.226 99.500 -0.262
201509 0.068 100.500 0.078
201512 -0.393 100.600 -0.450
201603 -0.077 102.200 -0.087
201606 0.124 101.400 0.141
201609 0.154 102.400 0.173
201612 -0.239 102.600 -0.268
201703 -0.422 103.200 -0.471
201706 -0.153 103.100 -0.171
201709 -0.551 104.100 -0.610
201712 -0.187 104.500 -0.206
201803 -0.238 105.300 -0.260
201806 0.033 104.900 0.036
201809 0.296 106.600 0.320
201812 0.817 106.500 0.884
201903 1.188 107.700 1.271
201906 1.310 107.700 1.402
201909 1.180 109.800 1.238
201912 1.511 111.200 1.566
202003 0.101 112.300 0.104
202006 0.014 110.400 0.015
202009 -0.202 111.700 -0.208
202012 -0.262 111.500 -0.271
202103 0.129 112.662 0.132
202106 0.070 111.769 0.072
202109 -0.223 112.215 -0.229
202112 -0.577 113.108 -0.588
202203 -0.538 114.335 -0.542
202206 -0.324 114.558 -0.326
202209 -0.471 115.339 -0.471
202212 -0.142 115.116 -0.142
202303 -0.029 115.116 -0.029
202306 -0.149 114.558 -0.150
202309 -0.458 115.339 -0.458
202312 -0.586 114.781 -0.588
202403 -0.220 115.227 -0.220

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.


Shandong Minhe Animal Husbandry Co  (SZSE:002234) 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.


Shandong Minhe Animal Husbandry Co Cyclically Adjusted Price-to-FCF Related Terms

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Shandong Minhe Animal Husbandry Co (SZSE:002234) Business Description

Traded in Other Exchanges
N/A
Address
No. 2-3, Nanguan Road, Penglai, Shandong Province, Yantai, CHN, 265600
Shandong Minhe Animal Husbandry Co Ltd is a China-based company engaged mainly in the raising of breeding hens and commercial chickens. The product portfolio of the company includes min and chickens, eight immortals chicken products, conditioning products, fresh foods, and bio-organic fertilizer products.
Executives
Sun Xian Fa Directors, executives
Yu Le Hong Director
Zhang Dong Ming Directors, Directors, and Executives
Gao Xiao Tao Securities Affairs Representative
Qu Ping Executives
Sun Xi Min Director
Zhou Dong Directors, executives
Guo Zhi Chun Director

Shandong Minhe Animal Husbandry Co (SZSE:002234) Headlines

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