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Lancy Co (SZSE:002612) Cyclically Adjusted Price-to-FCF : 30.05 (As of May. 29, 2024)


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What is Lancy Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-29), Lancy Co's current share price is ¥16.83. Lancy Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.56. Lancy Co's Cyclically Adjusted Price-to-FCF for today is 30.05.

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

SZSE:002612' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 28.52   Med: 77.96   Max: 361.11
Current: 30.41

During the past years, Lancy Co's highest Cyclically Adjusted Price-to-FCF was 361.11. The lowest was 28.52. And the median was 77.96.

SZSE:002612's Cyclically Adjusted Price-to-FCF is ranked worse than
64.4% of 368 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 17.9 vs SZSE:002612: 30.41

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.

Lancy Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.405. 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 ¥0.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lancy Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Lancy 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.

Lancy Co Cyclically Adjusted Price-to-FCF Chart

Lancy 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 99.79 170.29 134.00 80.76 36.50

Lancy 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 63.58 56.35 51.43 36.50 29.89

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

For the Apparel Manufacturing subindustry, Lancy 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.


Lancy Co's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lancy Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Lancy 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=16.83/0.56
=30.05

* 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.

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

For example, Lancy 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)
=0.405/115.2271*115.2271
=0.405

Current CPI (Mar. 2024) = 115.2271.

Lancy Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.007 98.200 0.008
201409 -0.104 98.900 -0.121
201412 0.007 99.000 0.008
201503 0.296 99.900 0.341
201506 0.593 99.500 0.687
201509 0.039 100.500 0.045
201512 -0.593 100.600 -0.679
201603 0.157 102.200 0.177
201606 -0.013 101.400 -0.015
201609 0.077 102.400 0.087
201612 0.007 102.600 0.008
201703 0.112 103.200 0.125
201706 -0.125 103.100 -0.140
201709 0.048 104.100 0.053
201712 0.096 104.500 0.106
201803 0.174 105.300 0.190
201806 0.108 104.900 0.119
201809 -0.320 106.600 -0.346
201812 -0.062 106.500 -0.067
201903 0.362 107.700 0.387
201906 -0.163 107.700 -0.174
201909 1.244 109.800 1.305
201912 -0.129 111.200 -0.134
202003 0.408 112.300 0.419
202006 0.040 110.400 0.042
202009 0.087 111.700 0.090
202012 0.035 111.500 0.036
202103 0.308 112.662 0.315
202106 0.007 111.769 0.007
202109 0.270 112.215 0.277
202112 0.170 113.108 0.173
202203 0.121 114.335 0.122
202206 0.016 114.558 0.016
202209 0.341 115.339 0.341
202212 -0.213 115.116 -0.213
202303 0.495 115.116 0.495
202306 0.301 114.558 0.303
202309 0.336 115.339 0.336
202312 0.432 114.781 0.434
202403 0.405 115.227 0.405

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.


Lancy Co  (SZSE:002612) 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.


Lancy Co Cyclically Adjusted Price-to-FCF Related Terms

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


Lancy Co (SZSE:002612) Business Description

Traded in Other Exchanges
N/A
Address
Da Jiaoting South Street, No.27 West Dawang Road, 8th Floor, Lancy Building, No.1, 3rd Yard, Chaoyang District, Beijing, CHN, 100022
Lancy Co Ltd. is a China-based company operating in the fashion industry. It is principally engaged in the design, manufacture and distribution of women's apparel. It also offers infants' and kids' wear, medical cosmetology and cosmetics. Some of the company's brands are LANCY FROM25, MOJO.S.PHINE, LIME FLARE, JIGOTT, liaalancy, FABIANA, FILIPPI and DeWL.
Executives
Li Chun Xian Directors, executives
Shen Dong Ri Director
Shen Jin Hua Directors, executives
Zhang Han Directors, executives
Chang Jing Executives

Lancy Co (SZSE:002612) Headlines

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