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Changjiang Runfa Health Industry Co (SZSE:002435) Cyclically Adjusted Price-to-FCF : 4.35 (As of Jun. 05, 2024)


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What is Changjiang Runfa Health Industry Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-05), Changjiang Runfa Health Industry Co's current share price is ¥0.87. Changjiang Runfa Health Industry Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.20. Changjiang Runfa Health Industry Co's Cyclically Adjusted Price-to-FCF for today is 4.35.

The historical rank and industry rank for Changjiang Runfa Health Industry Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SZSE:002435' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.1   Med: 40.67   Max: 82.7
Current: 5.15

During the past years, Changjiang Runfa Health Industry Co's highest Cyclically Adjusted Price-to-FCF was 82.70. The lowest was 5.10. And the median was 40.67.

SZSE:002435's Cyclically Adjusted Price-to-FCF is ranked better than
96.8% of 1031 companies
in the Industrial Products industry
Industry Median: 32.99 vs SZSE:002435: 5.15

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.

Changjiang Runfa Health Industry Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.078. 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 ¥0.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Changjiang Runfa Health Industry Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Changjiang Runfa Health Industry 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.

Changjiang Runfa Health Industry Co Cyclically Adjusted Price-to-FCF Chart

Changjiang Runfa Health Industry 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 36.33 48.06 35.88 32.44 -

Changjiang Runfa Health Industry 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 27.98 24.06 24.98 - 15.86

Competitive Comparison of Changjiang Runfa Health Industry Co's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Changjiang Runfa Health Industry 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.


Changjiang Runfa Health Industry Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Changjiang Runfa Health Industry Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Changjiang Runfa Health Industry Co's Cyclically Adjusted Price-to-FCF falls into.



Changjiang Runfa Health Industry 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.

Changjiang Runfa Health Industry Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.87/0.2
=4.35

* 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.

Changjiang Runfa Health Industry Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Changjiang Runfa Health Industry 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)
=-0.078/115.2271*115.2271
=-0.078

Current CPI (Mar. 2024) = 115.2271.

Changjiang Runfa Health Industry Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.204 98.200 0.239
201409 -0.179 98.900 -0.209
201412 0.074 99.000 0.086
201503 -0.166 99.900 -0.191
201506 0.090 99.500 0.104
201509 -0.232 100.500 -0.266
201512 0.180 100.600 0.206
201603 0.116 102.200 0.131
201606 0.093 101.400 0.106
201609 0.118 102.400 0.133
201612 0.262 102.600 0.294
201703 0.033 103.200 0.037
201706 0.052 103.100 0.058
201709 0.073 104.100 0.081
201712 0.147 104.500 0.162
201803 0.111 105.300 0.121
201806 -0.093 104.900 -0.102
201809 -0.019 106.600 -0.021
201812 0.144 106.500 0.156
201903 -0.112 107.700 -0.120
201906 -0.175 107.700 -0.187
201909 0.076 109.800 0.080
201912 0.428 111.200 0.443
202003 -0.097 112.300 -0.100
202006 -0.215 110.400 -0.224
202009 0.147 111.700 0.152
202012 0.262 111.500 0.271
202103 -0.256 112.662 -0.262
202106 0.130 111.769 0.134
202109 -0.111 112.215 -0.114
202112 0.399 113.108 0.406
202203 0.103 114.335 0.104
202206 -0.015 114.558 -0.015
202209 0.089 115.339 0.089
202212 0.105 115.116 0.105
202303 -0.036 115.116 -0.036
202306 0.195 114.558 0.196
202309 -0.040 115.339 -0.040
202312 0.000 114.781 0.000
202403 -0.078 115.227 -0.078

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.


Changjiang Runfa Health Industry Co  (SZSE:002435) 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.


Changjiang Runfa Health Industry Co Cyclically Adjusted Price-to-FCF Related Terms

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Changjiang Runfa Health Industry Co (SZSE:002435) Business Description

Traded in Other Exchanges
N/A
Address
Town of Chen Feng Feng Road, Jiangsu Province, Zhangjiagang City, CHN, 215631
Changjiang Runfa Health Industry Co Ltd, formerly Changjiang Runfa Medicine Co Ltd is a manufacturer of elevator system components. Its main components in the elevator guide system development, production, sales, and service. The company's products include solid rails and rail blank, hollow guide rail, elevator guide rail, connecting plates, pressing the elevator guides and other components.
Executives
Huang Zhong He Director
Qiu Qi Qin Director
Lu Bin Directors, executives
Yu Xia Qiu Director
Yu Quan He Director
Shen Jian Executives

Changjiang Runfa Health Industry Co (SZSE:002435) Headlines

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