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New Hope Dairy Co (SZSE:002946) Cyclically Adjusted Price-to-FCF : 442.50 (As of Jun. 24, 2024)


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What is New Hope Dairy Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-24), New Hope Dairy Co's current share price is ¥8.85. New Hope Dairy Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was ¥0.02. New Hope Dairy Co's Cyclically Adjusted Price-to-FCF for today is 442.50.

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

SZSE:002946' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 406.31   Med: 510.5   Max: 560.5
Current: 406.31

During the past 10 years, New Hope Dairy Co's highest Cyclically Adjusted Price-to-FCF was 560.50. The lowest was 406.31. And the median was 510.50.

SZSE:002946's Cyclically Adjusted Price-to-FCF is ranked worse than
97.89% of 711 companies
in the Consumer Packaged Goods industry
Industry Median: 22.89 vs SZSE:002946: 406.31

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.

New Hope Dairy Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was ¥0.907. 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 ¥0.02 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


New Hope Dairy Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for New Hope Dairy 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.

New Hope Dairy Co Cyclically Adjusted Price-to-FCF Chart

New Hope Dairy 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 - - - - 511.45

New Hope Dairy 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 - - - 511.45 -

Competitive Comparison of New Hope Dairy Co's Cyclically Adjusted Price-to-FCF

For the Packaged Foods subindustry, New Hope Dairy 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.


New Hope Dairy Co's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, New Hope Dairy Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



New Hope Dairy 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.

New Hope Dairy Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=8.85/0.02
=442.50

* 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.

New Hope Dairy Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, New Hope Dairy Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.907/114.7809*114.7809
=0.907

Current CPI (Dec23) = 114.7809.

New Hope Dairy Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.542 99.000 -0.628
201512 -0.615 100.600 -0.702
201612 -0.109 102.600 -0.122
201712 -0.144 104.500 -0.158
201812 0.034 106.500 0.037
201912 0.040 111.200 0.041
202012 0.100 111.500 0.103
202112 0.392 113.108 0.398
202212 0.350 115.116 0.349
202312 0.907 114.781 0.907

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.


New Hope Dairy Co  (SZSE:002946) 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.


New Hope Dairy Co Cyclically Adjusted Price-to-FCF Related Terms

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


New Hope Dairy Co (SZSE:002946) Business Description

Traded in Other Exchanges
N/A
Address
No.366 Jinshi Road, New Hope Zhongding International, No. 3, 18th Floor, Building 2, Jinjiang District, Sichuan, Chengdu, CHN, 610023
New Hope Dairy Co Ltd is a dairy products supplier in China. The company have 12 dairy enterprises in Southwest China, Eastern China and Northern China, including 4 national enterprises of agricultural industrialization and 8 provincial enterprises.
Executives
Lin Yong Yu Executives
Li Hong Mei Supervisors
Xi Gang Director
Zhu Chuan Directors, executives
Zhang Shuai Executives

New Hope Dairy Co (SZSE:002946) Headlines

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