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Zhongyeda Electric Co (SZSE:002441) Cyclically Adjusted Price-to-FCF : 27.90 (As of Jun. 20, 2024)


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What is Zhongyeda Electric Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-20), Zhongyeda Electric Co's current share price is ¥8.09. Zhongyeda Electric Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.29. Zhongyeda Electric Co's Cyclically Adjusted Price-to-FCF for today is 27.90.

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

SZSE:002441' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 26.55   Med: 85.96   Max: 157.83
Current: 28.41

During the past years, Zhongyeda Electric Co's highest Cyclically Adjusted Price-to-FCF was 157.83. The lowest was 26.55. And the median was 85.96.

SZSE:002441's Cyclically Adjusted Price-to-FCF is ranked better than
56.35% of 1031 companies
in the Industrial Products industry
Industry Median: 32.14 vs SZSE:002441: 28.41

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.

Zhongyeda Electric Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.071. 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 ¥0.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhongyeda Electric Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zhongyeda Electric 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.

Zhongyeda Electric Co Cyclically Adjusted Price-to-FCF Chart

Zhongyeda Electric 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 - 104.30 69.02 57.57 38.11

Zhongyeda Electric 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 78.01 105.00 53.87 38.11 28.07

Competitive Comparison of Zhongyeda Electric Co's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Zhongyeda Electric 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.


Zhongyeda Electric Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

* The bar in red indicates where Zhongyeda Electric Co's Cyclically Adjusted Price-to-FCF falls into.



Zhongyeda Electric 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.

Zhongyeda Electric Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=8.09/0.29
=27.90

* 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.

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

For example, Zhongyeda Electric 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)
=0.071/115.2271*115.2271
=0.071

Current CPI (Mar. 2024) = 115.2271.

Zhongyeda Electric Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.017 98.200 -0.020
201409 0.024 98.900 0.028
201412 0.311 99.000 0.362
201503 0.193 99.900 0.223
201506 -0.465 99.500 -0.538
201509 -0.240 100.500 -0.275
201512 0.381 100.600 0.436
201603 0.393 102.200 0.443
201606 0.095 101.400 0.108
201609 -0.190 102.400 -0.214
201612 0.239 102.600 0.268
201703 -0.199 103.200 -0.222
201706 -0.222 103.100 -0.248
201709 -0.129 104.100 -0.143
201712 0.340 104.500 0.375
201803 -0.225 105.300 -0.246
201806 -0.504 104.900 -0.554
201809 -0.029 106.600 -0.031
201812 0.250 106.500 0.270
201903 -0.038 107.700 -0.041
201906 -0.080 107.700 -0.086
201909 0.219 109.800 0.230
201912 0.417 111.200 0.432
202003 0.427 112.300 0.438
202006 0.250 110.400 0.261
202009 -0.015 111.700 -0.015
202012 0.991 111.500 1.024
202103 -0.722 112.662 -0.738
202106 -0.512 111.769 -0.528
202109 -0.206 112.215 -0.212
202112 0.809 113.108 0.824
202203 -0.642 114.335 -0.647
202206 0.379 114.558 0.381
202209 -0.086 115.339 -0.086
202212 0.967 115.116 0.968
202303 -0.293 115.116 -0.293
202306 -0.109 114.558 -0.110
202309 0.026 115.339 0.026
202312 0.953 114.781 0.957
202403 0.071 115.227 0.071

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.


Zhongyeda Electric Co  (SZSE:002441) 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.


Zhongyeda Electric Co Cyclically Adjusted Price-to-FCF Related Terms

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


Zhongyeda Electric Co (SZSE:002441) Business Description

Traded in Other Exchanges
N/A
Address
No.62, Hengshan Road, Longhu District, Guangdong Province, Shantou, CHN, 515041
Zhongyeda Electric Co Ltd is a distributor of industrial electrical products. The company's main business is the distribution of industrial electrical component products of contracted suppliers through its own sales network, as well as the production and sales of system integration products and complete manufacturing products. Its products include low-voltage electrical products, medium voltage electrical products, industrial control products and others.
Executives
Yang Song Directors, executives
Wang Bao Yu Directors, executives
Lin Jing Supervisors
Chen Dai Ai Supervisors
Li Xiao Yong Director
Wu Kai Xian Directors, executives
Zhang Ying Supervisors
Ke Ni Xiang Executives
Wang Zong Cheng Director
Wang Pei Qing Executives

Zhongyeda Electric Co (SZSE:002441) Headlines

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