GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hainan Strait Shipping Co Ltd (SZSE:002320) » Definitions » Cyclically Adjusted Price-to-FCF

Hainan Strait Shipping Co (SZSE:002320) Cyclically Adjusted Price-to-FCF : 36.17 (As of May. 19, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Hainan Strait Shipping Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-19), Hainan Strait Shipping Co's current share price is ¥6.51. Hainan Strait Shipping Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.18. Hainan Strait Shipping Co's Cyclically Adjusted Price-to-FCF for today is 36.17.

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

SZSE:002320' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 34.39   Med: 119.6   Max: 598
Current: 36.88

During the past years, Hainan Strait Shipping Co's highest Cyclically Adjusted Price-to-FCF was 598.00. The lowest was 34.39. And the median was 119.60.

SZSE:002320's Cyclically Adjusted Price-to-FCF is ranked worse than
73.18% of 425 companies
in the Transportation industry
Industry Median: 18.25 vs SZSE:002320: 36.88

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.

Hainan Strait Shipping Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.188. 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 ¥0.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hainan Strait Shipping Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hainan Strait Shipping 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.

Hainan Strait Shipping Co Cyclically Adjusted Price-to-FCF Chart

Hainan Strait Shipping 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 125.24 102.09 15,318.84 112.98 39.14

Hainan Strait Shipping 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 69.30 59.12 47.55 39.14 36.49

Competitive Comparison of Hainan Strait Shipping Co's Cyclically Adjusted Price-to-FCF

For the Marine Shipping subindustry, Hainan Strait Shipping 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.


Hainan Strait Shipping Co's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hainan Strait Shipping Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Hainan Strait Shipping Co's Cyclically Adjusted Price-to-FCF falls into.



Hainan Strait Shipping 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.

Hainan Strait Shipping Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.51/0.18
=36.17

* 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.

Hainan Strait Shipping Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hainan Strait Shipping 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)
=0.188/115.2271*115.2271
=0.188

Current CPI (Mar. 2024) = 115.2271.

Hainan Strait Shipping Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.038 98.200 -0.045
201409 -0.015 98.900 -0.017
201412 -0.033 99.000 -0.038
201503 -0.011 99.900 -0.013
201506 0.022 99.500 0.025
201509 0.014 100.500 0.016
201512 0.018 100.600 0.021
201603 0.030 102.200 0.034
201606 0.031 101.400 0.035
201609 0.033 102.400 0.037
201612 0.038 102.600 0.043
201703 0.071 103.200 0.079
201706 0.065 103.100 0.073
201709 0.043 104.100 0.048
201712 0.063 104.500 0.069
201803 0.027 105.300 0.030
201806 0.068 104.900 0.075
201809 0.011 106.600 0.012
201812 0.026 106.500 0.028
201903 0.082 107.700 0.088
201906 0.012 107.700 0.013
201909 0.020 109.800 0.021
201912 0.055 111.200 0.057
202003 0.034 112.300 0.035
202006 0.073 110.400 0.076
202009 0.016 111.700 0.017
202012 0.079 111.500 0.082
202103 0.020 112.662 0.020
202106 -0.367 111.769 -0.378
202109 0.010 112.215 0.010
202112 -0.145 113.108 -0.148
202203 0.111 114.335 0.112
202206 0.154 114.558 0.155
202209 0.068 115.339 0.068
202212 0.111 115.116 0.111
202303 0.243 115.116 0.243
202306 0.166 114.558 0.167
202309 0.146 115.339 0.146
202312 0.171 114.781 0.172
202403 0.188 115.227 0.188

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.


Hainan Strait Shipping Co  (SZSE:002320) 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.


Hainan Strait Shipping Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Hainan Strait Shipping Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Hainan Strait Shipping Co (SZSE:002320) Business Description

Traded in Other Exchanges
N/A
Address
East Ocean Building, 7th Floor, Binhai Road, Haikou, CHN, 570311
Hainan Strait Shipping Co Ltd is a China-based company principally engaged in the passenger transportation business. The company is also involved in logistics and tourism. Hainan Strait Shipping Co. Ltd. has approximately 18 passenger ships in operation, with a total of more than 700 seats.

Hainan Strait Shipping Co (SZSE:002320) Headlines

No Headlines