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Zhejiang Unifull Industrial Fiber Co (SZSE:002427) Cyclically Adjusted Price-to-FCF : (As of May. 16, 2024)


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What is Zhejiang Unifull Industrial Fiber Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Unifull Industrial Fiber Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zhejiang Unifull Industrial Fiber 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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Zhejiang Unifull Industrial Fiber Co Cyclically Adjusted Price-to-FCF Chart

Zhejiang Unifull Industrial Fiber Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Zhejiang Unifull Industrial Fiber Co 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 Zhejiang Unifull Industrial Fiber Co's Cyclically Adjusted Price-to-FCF

For the Textile Manufacturing subindustry, Zhejiang Unifull Industrial Fiber 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.


Zhejiang Unifull Industrial Fiber Co's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Unifull Industrial Fiber Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Zhejiang Unifull Industrial Fiber Co's Cyclically Adjusted Price-to-FCF falls into.



Zhejiang Unifull Industrial Fiber 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.

Zhejiang Unifull Industrial Fiber Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Zhejiang Unifull Industrial Fiber 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)
=0.061/115.2271*115.2271
=0.061

Current CPI (Mar. 2024) = 115.2271.

Zhejiang Unifull Industrial Fiber Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.367 98.200 0.431
201409 0.272 98.900 0.317
201412 0.186 99.000 0.216
201503 0.063 99.900 0.073
201506 -0.028 99.500 -0.032
201509 -0.116 100.500 -0.133
201512 0.026 100.600 0.030
201603 0.123 102.200 0.139
201606 0.269 101.400 0.306
201609 -0.006 102.400 -0.007
201612 -0.057 102.600 -0.064
201703 0.070 103.200 0.078
201706 -0.573 103.100 -0.640
201709 0.067 104.100 0.074
201712 -0.501 104.500 -0.552
201803 -0.953 105.300 -1.043
201806 -0.174 104.900 -0.191
201809 0.046 106.600 0.050
201812 0.069 106.500 0.075
201903 -0.150 107.700 -0.160
201906 0.338 107.700 0.362
201909 0.176 109.800 0.185
201912 0.183 111.200 0.190
202003 -0.050 112.300 -0.051
202006 0.112 110.400 0.117
202009 0.054 111.700 0.056
202012 0.041 111.500 0.042
202103 -0.044 112.662 -0.045
202106 0.024 111.769 0.025
202109 -0.004 112.215 -0.004
202112 0.019 113.108 0.019
202203 -0.059 114.335 -0.059
202206 -0.028 114.558 -0.028
202209 0.016 115.339 0.016
202212 -0.065 115.116 -0.065
202303 -0.016 115.116 -0.016
202306 0.011 114.558 0.011
202309 0.013 115.339 0.013
202312 -0.080 114.781 -0.080
202403 0.061 115.227 0.061

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.


Zhejiang Unifull Industrial Fiber Co  (SZSE:002427) 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.


Zhejiang Unifull Industrial Fiber Co Cyclically Adjusted Price-to-FCF Related Terms

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Zhejiang Unifull Industrial Fiber Co (SZSE:002427) Business Description

Traded in Other Exchanges
N/A
Address
Hefu Industrial Zone, Huzhou city, Zhejiang, CHN, 313017
Zhejiang Unifull Industrial Fiber Co Ltd is a China-based company. It is engaged in the research and development, manufacture and distribution of polyester filaments and lithium batteries. The company is in Huzhou, Zhejiang, China, bordering on Shanghai and Hangzhou.

Zhejiang Unifull Industrial Fiber Co (SZSE:002427) Headlines

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