GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hunan Kaimeite Gases Co Ltd (SZSE:002549) » Definitions » Cyclically Adjusted Price-to-FCF

Hunan Kaimeite Gases Co (SZSE:002549) Cyclically Adjusted Price-to-FCF : 215.67 (As of May. 27, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Hunan Kaimeite Gases Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-27), Hunan Kaimeite Gases Co's current share price is ¥6.47. Hunan Kaimeite Gases Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.03. Hunan Kaimeite Gases Co's Cyclically Adjusted Price-to-FCF for today is 215.67.

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

SZSE:002549' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 204.75   Med: 377   Max: 1563
Current: 204.75

During the past years, Hunan Kaimeite Gases Co's highest Cyclically Adjusted Price-to-FCF was 1563.00. The lowest was 204.75. And the median was 377.00.

SZSE:002549's Cyclically Adjusted Price-to-FCF is ranked worse than
93.78% of 563 companies
in the Chemicals industry
Industry Median: 24.36 vs SZSE:002549: 204.75

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.

Hunan Kaimeite Gases Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.036. 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 ¥0.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hunan Kaimeite Gases Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hunan Kaimeite Gases 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.

Hunan Kaimeite Gases Co Cyclically Adjusted Price-to-FCF Chart

Hunan Kaimeite Gases 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 - - - - 296.04

Hunan Kaimeite Gases 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 1,479.65 593.05 311.16 296.04 233.44

Competitive Comparison of Hunan Kaimeite Gases Co's Cyclically Adjusted Price-to-FCF

For the Chemicals subindustry, Hunan Kaimeite Gases 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.


Hunan Kaimeite Gases Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hunan Kaimeite Gases Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Hunan Kaimeite Gases Co's Cyclically Adjusted Price-to-FCF falls into.



Hunan Kaimeite Gases 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.

Hunan Kaimeite Gases Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.47/0.03
=215.67

* 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.

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

For example, Hunan Kaimeite Gases 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)
=-0.036/115.2271*115.2271
=-0.036

Current CPI (Mar. 2024) = 115.2271.

Hunan Kaimeite Gases Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.011 98.200 0.013
201409 -0.050 98.900 -0.058
201412 -0.067 99.000 -0.078
201503 -0.101 99.900 -0.116
201506 -0.040 99.500 -0.046
201509 0.008 100.500 0.009
201512 0.004 100.600 0.005
201603 -0.025 102.200 -0.028
201606 -0.040 101.400 -0.045
201609 -0.017 102.400 -0.019
201612 0.037 102.600 0.042
201703 0.013 103.200 0.015
201706 0.033 103.100 0.037
201709 0.050 104.100 0.055
201712 0.065 104.500 0.072
201803 -0.026 105.300 -0.028
201806 -0.002 104.900 -0.002
201809 0.010 106.600 0.011
201812 0.080 106.500 0.087
201903 -0.041 107.700 -0.044
201906 -0.009 107.700 -0.010
201909 -0.016 109.800 -0.017
201912 -0.022 111.200 -0.023
202003 0.000 112.300 0.000
202006 0.033 110.400 0.034
202009 0.087 111.700 0.090
202012 0.048 111.500 0.050
202103 0.034 112.662 0.035
202106 0.065 111.769 0.067
202109 0.091 112.215 0.093
202112 0.092 113.108 0.094
202203 0.022 114.335 0.022
202206 0.114 114.558 0.115
202209 -0.030 115.339 -0.030
202212 0.006 115.116 0.006
202303 0.050 115.116 0.050
202306 0.035 114.558 0.035
202309 -0.069 115.339 -0.069
202312 -0.085 114.781 -0.085
202403 -0.036 115.227 -0.036

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.


Hunan Kaimeite Gases Co  (SZSE:002549) 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.


Hunan Kaimeite Gases Co Cyclically Adjusted Price-to-FCF Related Terms

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


Hunan Kaimeite Gases Co (SZSE:002549) Business Description

Traded in Other Exchanges
N/A
Address
Qili Mountain, Yueyanglou District, Hunan Province, Yueyang, CHN, 414003
Hunan Kaimeite Gases Co Ltd is engaged in gas development, research and production.
Executives
Zhu En Fu Director
Yu Bo Supervisors
Zhang Xiao Hui Supervisors

Hunan Kaimeite Gases Co (SZSE:002549) Headlines

No Headlines