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Beijing Jingneng Thermal Co (SZSE:002893) Cyclically Adjusted Price-to-FCF : 24.53 (As of Jun. 25, 2025)


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What is Beijing Jingneng Thermal Co Cyclically Adjusted Price-to-FCF?

As of today (2025-06-25), Beijing Jingneng Thermal Co's current share price is ¥10.55. Beijing Jingneng Thermal Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was ¥0.43. Beijing Jingneng Thermal Co's Cyclically Adjusted Price-to-FCF for today is 24.53.

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

SZSE:002893' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 22.14   Med: 24.35   Max: 24.81
Current: 24.52

During the past years, Beijing Jingneng Thermal Co's highest Cyclically Adjusted Price-to-FCF was 24.81. The lowest was 22.14. And the median was 24.35.

SZSE:002893's Cyclically Adjusted Price-to-FCF is ranked worse than
60.48% of 210 companies
in the Utilities - Regulated industry
Industry Median: 18.2 vs SZSE:002893: 24.52

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.

Beijing Jingneng Thermal Co's adjusted free cash flow per share data for the three months ended in Mar. 2025 was ¥-0.807. 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 ¥0.43 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beijing Jingneng Thermal Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Beijing Jingneng Thermal 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.

Beijing Jingneng Thermal Co Cyclically Adjusted Price-to-FCF Chart

Beijing Jingneng Thermal Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
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Beijing Jingneng Thermal Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - - 22.96

Competitive Comparison of Beijing Jingneng Thermal Co's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Electric subindustry, Beijing Jingneng Thermal 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.


Beijing Jingneng Thermal Co's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Beijing Jingneng Thermal Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Beijing Jingneng Thermal 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.

Beijing Jingneng Thermal Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=10.55/0.43
=24.53

* 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.

Beijing Jingneng Thermal Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Beijing Jingneng Thermal Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.807/115.1156*115.1156
=-0.807

Current CPI (Mar. 2025) = 115.1156.

Beijing Jingneng Thermal Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201503 -0.678 99.900 -0.781
201512 0.000 100.600 0.000
201609 0.429 102.400 0.482
201612 1.158 102.600 1.299
201703 -1.670 103.200 -1.863
201706 -0.278 103.100 -0.310
201709 0.588 104.100 0.650
201712 0.402 104.500 0.443
201803 -1.354 105.300 -1.480
201806 -0.378 104.900 -0.415
201809 0.847 106.600 0.915
201812 1.609 106.500 1.739
201903 -1.491 107.700 -1.594
201906 -0.118 107.700 -0.126
201909 0.670 109.800 0.702
201912 1.335 111.200 1.382
202003 -1.192 112.300 -1.222
202006 -0.767 110.400 -0.800
202009 0.631 111.700 0.650
202012 1.534 111.500 1.584
202103 -1.234 112.662 -1.261
202106 -0.205 111.769 -0.211
202109 0.966 112.215 0.991
202112 1.313 113.108 1.336
202203 -1.424 114.335 -1.434
202206 -0.002 114.558 -0.002
202209 0.948 115.339 0.946
202212 1.267 115.116 1.267
202303 -0.919 115.116 -0.919
202306 0.084 114.558 0.084
202309 0.847 115.339 0.845
202312 1.036 114.781 1.039
202403 -1.197 115.227 -1.196
202406 -0.144 114.781 -0.144
202409 0.524 115.785 0.521
202412 1.557 114.893 1.560
202503 -0.807 115.116 -0.807

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.


Beijing Jingneng Thermal Co  (SZSE:002893) 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.


Beijing Jingneng Thermal Co Cyclically Adjusted Price-to-FCF Related Terms

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Beijing Jingneng Thermal Co Business Description

Traded in Other Exchanges
N/A
Address
186 South Fourth Ring Road, Room 01, 5th Floor, Building 4, District 3, Fengtai District, Beijing, CHN, 100160
Beijing Jingneng Thermal Co Ltd is an energy management company. It is engaged in the provision of heat supply and energy saving technology services. Its business model includes heating project investment and heating contracting operation, contract energy management, heating and energy-saving technology research and development, and heating management consulting services.
Executives
Hou Yan Feng Executives
Chen Xiu Ming Director
Wang Jing Supervisors

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