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Jiangsu Azure (SZSE:002245) Cyclically Adjusted Price-to-FCF : (As of May. 15, 2024)


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What is Jiangsu Azure Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Azure Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Jiangsu Azure'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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Jiangsu Azure Cyclically Adjusted Price-to-FCF Chart

Jiangsu Azure Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Jiangsu Azure Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Jiangsu Azure's Cyclically Adjusted Price-to-FCF

For the Conglomerates subindustry, Jiangsu Azure'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.


Jiangsu Azure's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Jiangsu Azure's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Jiangsu Azure's Cyclically Adjusted Price-to-FCF falls into.



Jiangsu Azure 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.

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

For example, Jiangsu Azure'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)
=0.172/114.6694*114.6694
=0.172

Current CPI (Mar. 2024) = 114.6694.

Jiangsu Azure Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.066 98.200 -0.077
201409 -0.097 98.900 -0.112
201412 -0.032 99.000 -0.037
201503 0.124 99.900 0.142
201506 0.021 99.500 0.024
201509 0.134 100.500 0.153
201512 -0.004 100.600 -0.005
201603 0.143 102.200 0.160
201606 -0.068 101.400 -0.077
201609 -0.081 102.400 -0.091
201612 -0.506 102.600 -0.566
201703 -0.372 103.200 -0.413
201706 -0.391 103.100 -0.435
201709 -0.170 104.100 -0.187
201712 -0.039 104.500 -0.043
201803 -0.083 105.300 -0.090
201806 -0.091 104.900 -0.099
201809 -0.079 106.600 -0.085
201812 0.122 106.500 0.131
201903 0.267 107.700 0.284
201906 0.250 107.700 0.266
201909 0.068 109.800 0.071
201912 0.013 111.200 0.013
202003 0.124 112.300 0.127
202006 0.083 110.400 0.086
202009 0.126 111.700 0.129
202012 -0.140 111.500 -0.144
202103 0.275 112.662 0.280
202106 -0.452 111.769 -0.464
202109 -0.210 112.215 -0.215
202112 0.298 113.108 0.302
202203 -0.075 114.335 -0.075
202206 -0.107 114.558 -0.107
202209 -0.224 115.339 -0.223
202212 0.097 115.116 0.097
202303 -0.121 115.116 -0.121
202306 0.087 114.558 0.087
202309 -0.029 115.339 -0.029
202312 0.230 114.669 0.230
202403 0.172 114.669 0.172

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.


Jiangsu Azure  (SZSE:002245) 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.


Jiangsu Azure Cyclically Adjusted Price-to-FCF Related Terms

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Jiangsu Azure (SZSE:002245) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 10, Xinjing Middle Road, Yangshe Town, Jiangsu Province, Jiangsu, Zhangjiagang, CHN, 215618
Jiangsu Azure Corp formerly Jiangsu Aucksun Co Ltd is a China-based company engaged in the areas of metal logistics and distribution, LED chips and new energy lithium batteries. The company provides complete supply chain services for warehousing, sorting, arranging, packaging, distribution and processing of metal materials.

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