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Shanxi Yongdong Chemistry Industry Co (SZSE:002753) Cyclically Adjusted Price-to-FCF : (As of May. 21, 2024)


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What is Shanxi Yongdong Chemistry Industry Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanxi Yongdong Chemistry Industry Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shanxi Yongdong Chemistry Industry 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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Shanxi Yongdong Chemistry Industry Co Cyclically Adjusted Price-to-FCF Chart

Shanxi Yongdong Chemistry Industry Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Shanxi Yongdong Chemistry Industry 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 Shanxi Yongdong Chemistry Industry Co's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, Shanxi Yongdong Chemistry Industry 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.


Shanxi Yongdong Chemistry Industry Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shanxi Yongdong Chemistry Industry Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shanxi Yongdong Chemistry Industry Co's Cyclically Adjusted Price-to-FCF falls into.



Shanxi Yongdong Chemistry Industry 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.

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

For example, Shanxi Yongdong Chemistry Industry 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)
=-0.216/115.2271*115.2271
=-0.216

Current CPI (Mar. 2024) = 115.2271.

Shanxi Yongdong Chemistry Industry Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.113 98.200 0.133
201409 -0.062 98.900 -0.072
201412 -0.006 99.000 -0.007
201503 -0.028 99.900 -0.032
201506 0.062 99.500 0.072
201509 0.018 100.500 0.021
201512 -0.009 100.600 -0.010
201603 0.027 102.200 0.030
201606 0.069 101.400 0.078
201609 -0.060 102.400 -0.068
201612 -0.076 102.600 -0.085
201703 -0.258 103.200 -0.288
201706 0.090 103.100 0.101
201709 -0.305 104.100 -0.338
201712 -0.101 104.500 -0.111
201803 -0.031 105.300 -0.034
201806 -0.073 104.900 -0.080
201809 0.067 106.600 0.072
201812 0.036 106.500 0.039
201903 -0.054 107.700 -0.058
201906 -0.275 107.700 -0.294
201909 -0.002 109.800 -0.002
201912 0.034 111.200 0.035
202003 0.183 112.300 0.188
202006 0.062 110.400 0.065
202009 0.116 111.700 0.120
202012 -0.168 111.500 -0.174
202103 0.003 112.662 0.003
202106 -0.117 111.769 -0.121
202109 -0.294 112.215 -0.302
202112 0.006 113.108 0.006
202203 -0.158 114.335 -0.159
202206 -0.339 114.558 -0.341
202209 -0.139 115.339 -0.139
202212 -0.161 115.116 -0.161
202303 -0.163 115.116 -0.163
202306 0.237 114.558 0.238
202309 0.131 115.339 0.131
202312 0.088 114.781 0.088
202403 -0.216 115.227 -0.216

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.


Shanxi Yongdong Chemistry Industry Co  (SZSE:002753) 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.


Shanxi Yongdong Chemistry Industry Co Cyclically Adjusted Price-to-FCF Related Terms

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Shanxi Yongdong Chemistry Industry Co (SZSE:002753) Business Description

Traded in Other Exchanges
N/A
Address
Gaoqu Village, Xishe Town, Bishan County, Shanxi Province, Yuncheng, CHN, 043205
Shanxi Yongdong Chemistry Industry Co Ltd is engaged in manufacturing carbon black for rubber and chemical products.

Shanxi Yongdong Chemistry Industry Co (SZSE:002753) Headlines

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