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Zhejiang Zhongcheng Packing Material Co (SZSE:002522) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Zhejiang Zhongcheng Packing Material Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Zhongcheng Packing Material Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zhejiang Zhongcheng Packing Material 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 Zhongcheng Packing Material Co Cyclically Adjusted Price-to-FCF Chart

Zhejiang Zhongcheng Packing Material Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Zhejiang Zhongcheng Packing Material 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 Zhongcheng Packing Material Co's Cyclically Adjusted Price-to-FCF

For the Packaging & Containers subindustry, Zhejiang Zhongcheng Packing Material 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 Zhongcheng Packing Material Co's Cyclically Adjusted Price-to-FCF Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Zhejiang Zhongcheng Packing Material Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Zhejiang Zhongcheng Packing Material Co's Cyclically Adjusted Price-to-FCF falls into.



Zhejiang Zhongcheng Packing Material 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 Zhongcheng Packing Material Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Zhejiang Zhongcheng Packing Material 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)
=0.007/115.2271*115.2271
=0.007

Current CPI (Mar. 2024) = 115.2271.

Zhejiang Zhongcheng Packing Material Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.012 98.200 0.014
201409 -0.040 98.900 -0.047
201412 0.006 99.000 0.007
201503 -0.038 99.900 -0.044
201506 0.001 99.500 0.001
201509 0.058 100.500 0.066
201512 -0.081 100.600 -0.093
201603 -0.068 102.200 -0.077
201606 -0.037 101.400 -0.042
201609 -0.098 102.400 -0.110
201612 -0.174 102.600 -0.195
201703 -0.088 103.200 -0.098
201706 -0.090 103.100 -0.101
201709 -0.303 104.100 -0.335
201712 -0.157 104.500 -0.173
201803 -0.085 105.300 -0.093
201806 -0.047 104.900 -0.052
201809 -0.011 106.600 -0.012
201812 -0.134 106.500 -0.145
201903 -0.023 107.700 -0.025
201906 0.060 107.700 0.064
201909 0.029 109.800 0.030
201912 0.038 111.200 0.039
202003 -0.051 112.300 -0.052
202006 0.136 110.400 0.142
202009 0.087 111.700 0.090
202012 0.141 111.500 0.146
202103 0.028 112.662 0.029
202106 0.001 111.769 0.001
202109 0.014 112.215 0.014
202112 -0.073 113.108 -0.074
202203 -0.035 114.335 -0.035
202206 0.000 114.558 0.000
202209 0.097 115.339 0.097
202212 -0.004 115.116 -0.004
202303 -0.046 115.116 -0.046
202306 0.018 114.558 0.018
202309 0.089 115.339 0.089
202312 0.002 114.781 0.002
202403 0.007 115.227 0.007

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 Zhongcheng Packing Material Co  (SZSE:002522) 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 Zhongcheng Packing Material Co Cyclically Adjusted Price-to-FCF Related Terms

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Zhejiang Zhongcheng Packing Material Co (SZSE:002522) Business Description

Traded in Other Exchanges
N/A
Address
NO.26 LIU XI Road, Jiashan Economic Development Zone, Jiashan, Zhejiang, CHN, 314100
Zhejiang Zhongcheng Packing Material Co Ltd is engaged in developing, manufacturing and selling multi-layer co-extruded polyolefin shrink film packaging products. The company's products include Polyolefin Shrink Film, Cross-Linked Shrink Film, Anti Fog Cross-Linked Shrink Film, High-Performance Shrink Film, Printed Film and Special Shrink Film Items.
Executives
Chen Jian Directors, executives
Huang Xu Sheng Executives
Ma Li Sheng Executives
Pan De Xiang Executives
Hang A Gen Supervisors
Chu Jun Tao Securities Affairs Representative
Wu Jun Directors, Directors, and Executives
Zhao Zhong Ce Director
Wang Ping Independent director
Zhan Yue Qiang Supervisors
Chen Da Kui Directors, executives

Zhejiang Zhongcheng Packing Material Co (SZSE:002522) Headlines

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