/term/cyclically-adjusted-price-to-fcf/SZSE:002595 Himile Mechanical Science And Technology(Shangdong) Co (SZSE
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Himile Mechanical Science And Technology(Shangdong) Co (SZSE:002595) Cyclically Adjusted Price-to-FCF : 269.50 (As of Jun. 20, 2024)


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What is Himile Mechanical Science And Technology(Shangdong) Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-20), Himile Mechanical Science And Technology(Shangdong) Co's current share price is ¥37.73. Himile Mechanical Science And Technology(Shangdong) Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.14. Himile Mechanical Science And Technology(Shangdong) Co's Cyclically Adjusted Price-to-FCF for today is 269.50.

The historical rank and industry rank for Himile Mechanical Science And Technology(Shangdong) Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SZSE:002595' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 207.77   Med: 512   Max: 2151
Current: 263.47

During the past years, Himile Mechanical Science And Technology(Shangdong) Co's highest Cyclically Adjusted Price-to-FCF was 2151.00. The lowest was 207.77. And the median was 512.00.

SZSE:002595's Cyclically Adjusted Price-to-FCF is ranked worse than
92.53% of 1031 companies
in the Industrial Products industry
Industry Median: 32.33 vs SZSE:002595: 263.47

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.

Himile Mechanical Science And Technology(Shangdong) Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.062. 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 ¥0.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

Himile Mechanical Science And Technology(Shangdong) Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Himile Mechanical Science And Technology(Shangdong) 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.

Himile Mechanical Science And Technology(Shangdong) Co Cyclically Adjusted Price-to-FCF Chart

Himile Mechanical Science And Technology(Shangdong) 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 - - - - 224.26

Himile Mechanical Science And Technology(Shangdong) 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 - 1,609.85 466.04 224.26 249.17

Competitive Comparison of Himile Mechanical Science And Technology(Shangdong) Co's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Himile Mechanical Science And Technology(Shangdong) 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.

Himile Mechanical Science And Technology(Shangdong) Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Himile Mechanical Science And Technology(Shangdong) Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Himile Mechanical Science And Technology(Shangdong) Co's Cyclically Adjusted Price-to-FCF falls into.


Himile Mechanical Science And Technology(Shangdong) 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.

Himile Mechanical Science And Technology(Shangdong) Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=37.73/0.14
=269.50

* 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.

Himile Mechanical Science And Technology(Shangdong) Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Himile Mechanical Science And Technology(Shangdong) 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)
=0.062/115.2271*115.2271
=0.062

Current CPI (Mar. 2024) = 115.2271.

Himile Mechanical Science And Technology(Shangdong) Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.278 98.200 -0.326
201409 -0.011 98.900 -0.013
201412 0.056 99.000 0.065
201503 0.158 99.900 0.182
201506 0.154 99.500 0.178
201509 0.093 100.500 0.107
201512 0.136 100.600 0.156
201603 0.198 102.200 0.223
201606 0.205 101.400 0.233
201609 -0.008 102.400 -0.009
201612 -0.033 102.600 -0.037
201703 0.207 103.200 0.231
201706 -0.022 103.100 -0.025
201709 0.056 104.100 0.062
201712 -0.130 104.500 -0.143
201803 0.053 105.300 0.058
201806 -0.100 104.900 -0.110
201809 -0.034 106.600 -0.037
201812 -0.101 106.500 -0.109
201903 -0.208 107.700 -0.223
201906 -0.253 107.700 -0.271
201909 -0.121 109.800 -0.127
201912 -0.013 111.200 -0.013
202003 0.055 112.300 0.056
202006 -0.325 110.400 -0.339
202009 -0.134 111.700 -0.138
202012 -0.025 111.500 -0.026
202103 -0.139 112.662 -0.142
202106 -0.062 111.769 -0.064
202109 0.041 112.215 0.042
202112 0.046 113.108 0.047
202203 0.018 114.335 0.018
202206 0.073 114.558 0.073
202209 -0.146 115.339 -0.146
202212 0.290 115.116 0.290
202303 0.112 115.116 0.112
202306 0.442 114.558 0.445
202309 0.551 115.339 0.550
202312 0.537 114.781 0.539
202403 0.062 115.227 0.062

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.

Himile Mechanical Science And Technology(Shangdong) Co  (SZSE:002595) 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.

Himile Mechanical Science And Technology(Shangdong) Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Himile Mechanical Science And Technology(Shangdong) Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.

Himile Mechanical Science And Technology(Shangdong) Co (SZSE:002595) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Himile Mechanical Science And Technology(Shangdong) Co Ltd (SZSE:002595) » Definitions » Cyclically Adjusted Price-to-FCF
Comparable Companies
SHSE:688361 SZSE:300724 SZSE:002531 SZSE:002008 SHSE:688425 SHSE:603185 SHSE:600765 SHSE:600499 SHSE:688017 SHSE:601615 GE XTER:SIE XPAR:SU ETN XKRX:373220 ITW OSTO:ATCO A EMR PH AME
Traded in Other Exchanges
N/A
Address
No 1 Himile Road, Mishui Science and Technology Industrial Park, Gaomi, CHN, 261500
Website
http://www.himile.com
Himile Mechanical Science And Technology(Shangdong) Co Ltd is a Chinese company engaged in the research and development, production and sale of rubber machinery and mold products. It is mainly involved in three sectors which are top grade tire mold, high-end mechanical parts manufacturing and oil and gas equipment sector. The products manufactured by the group are involved in the fields of mechanical manufacturing, marine, rail transit, fuel gas, education, and others.
Executives
Zhang Gong Yun Director
Zhang Yan Directors, executives
Liu Sheng Jun Supervisors
Feng Min Tang Director
Ni Hao Yan Independent director
Luan Xiao Mei Securities Affairs Representative

Himile Mechanical Science And Technology(Shangdong) Co (SZSE:002595) Headlines

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