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Shanghai SK Petroleum & Chemical Equipment (SZSE:002278) Cyclically Adjusted Price-to-FCF : (As of Jun. 19, 2024)


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What is Shanghai SK Petroleum & Chemical Equipment Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai SK Petroleum & Chemical Equipment Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shanghai SK Petroleum & Chemical Equipment'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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Shanghai SK Petroleum & Chemical Equipment Cyclically Adjusted Price-to-FCF Chart

Shanghai SK Petroleum & Chemical Equipment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Shanghai SK Petroleum & Chemical Equipment 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 Shanghai SK Petroleum & Chemical Equipment's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Shanghai SK Petroleum & Chemical Equipment'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.


Shanghai SK Petroleum & Chemical Equipment's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai SK Petroleum & Chemical Equipment's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shanghai SK Petroleum & Chemical Equipment's Cyclically Adjusted Price-to-FCF falls into.



Shanghai SK Petroleum & Chemical Equipment 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.

Shanghai SK Petroleum & Chemical Equipment's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shanghai SK Petroleum & Chemical Equipment'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)
=-0.077/115.2271*115.2271
=-0.077

Current CPI (Mar. 2024) = 115.2271.

Shanghai SK Petroleum & Chemical Equipment Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.010 98.200 0.012
201409 -0.027 98.900 -0.031
201412 0.044 99.000 0.051
201503 -0.146 99.900 -0.168
201506 -0.066 99.500 -0.076
201509 -0.160 100.500 -0.183
201512 0.060 100.600 0.069
201603 -0.131 102.200 -0.148
201606 -0.032 101.400 -0.036
201609 -0.002 102.400 -0.002
201612 -0.050 102.600 -0.056
201703 -0.020 103.200 -0.022
201706 -0.005 103.100 -0.006
201709 0.015 104.100 0.017
201712 0.048 104.500 0.053
201803 -0.051 105.300 -0.056
201806 -0.092 104.900 -0.101
201809 -0.153 106.600 -0.165
201812 0.192 106.500 0.208
201903 -0.047 107.700 -0.050
201906 -0.085 107.700 -0.091
201909 -0.108 109.800 -0.113
201912 0.254 111.200 0.263
202003 -0.127 112.300 -0.130
202006 -0.024 110.400 -0.025
202009 -0.015 111.700 -0.015
202012 0.227 111.500 0.235
202103 -0.127 112.662 -0.130
202106 -0.034 111.769 -0.035
202109 -0.067 112.215 -0.069
202112 0.339 113.108 0.345
202203 -0.197 114.335 -0.199
202206 0.061 114.558 0.061
202209 -0.131 115.339 -0.131
202212 -0.120 115.116 -0.120
202303 -0.126 115.116 -0.126
202306 0.043 114.558 0.043
202309 -0.147 115.339 -0.147
202312 -0.153 114.781 -0.154
202403 -0.077 115.227 -0.077

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.


Shanghai SK Petroleum & Chemical Equipment  (SZSE:002278) 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.


Shanghai SK Petroleum & Chemical Equipment Cyclically Adjusted Price-to-FCF Related Terms

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Shanghai SK Petroleum & Chemical Equipment (SZSE:002278) Business Description

Traded in Other Exchanges
N/A
Address
No. 1769 Puxing Highway, Pujiang Town, Minhang District, Shanghai, Shanghai, CHN, 201114
Shanghai SK Petroleum & Chemical Equipment Corp Ltd is engaged in research and development and manufacturing of petrochemical equipment and engineering technology services. The products of the company include well control equipment, wellhead equipment, drilling and mining accessories, drilling instruments, oil analyzers, blowout preventers, and oil and mining drill bits.
Executives
Li Fang Ying Director
Zhang Guan Jun Independent director
Tang Wei Min Executives
Jiang Gan Hong Supervisors
Zhao Xin Yi Executives
Gu Cheng Yu Directors, executives
Huang Jia Liu Director
Wang Xiang Wei Director
Kou Yu Ting Directors, executives
Gu Bing Directors, Directors, and Executives
Yuan Jian Xin Director
Wang Min Executives
Chen Zhi Min Supervisors
Gu Zheng Director
Hu Shou Jun Independent director

Shanghai SK Petroleum & Chemical Equipment (SZSE:002278) Headlines

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