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Henan Yicheng New Energy Co (SZSE:300080) Cyclically Adjusted Price-to-FCF : (As of Jun. 20, 2024)


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What is Henan Yicheng New Energy Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Henan Yicheng New Energy Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Henan Yicheng New Energy 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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Henan Yicheng New Energy Co Cyclically Adjusted Price-to-FCF Chart

Henan Yicheng New Energy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Henan Yicheng New Energy 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 Henan Yicheng New Energy Co's Cyclically Adjusted Price-to-FCF

For the Semiconductor Equipment & Materials subindustry, Henan Yicheng New Energy 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.


Henan Yicheng New Energy Co's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Henan Yicheng New Energy Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Henan Yicheng New Energy 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.

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

For example, Henan Yicheng New Energy 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)
=-0.08/115.2271*115.2271
=-0.080

Current CPI (Mar. 2024) = 115.2271.

Henan Yicheng New Energy Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.052 98.200 -0.061
201409 0.076 98.900 0.089
201412 0.375 99.000 0.436
201503 -0.188 99.900 -0.217
201506 -0.019 99.500 -0.022
201509 -0.376 100.500 -0.431
201512 -0.111 100.600 -0.127
201603 -0.171 102.200 -0.193
201606 -0.017 101.400 -0.019
201609 -0.762 102.400 -0.857
201612 0.018 102.600 0.020
201703 -0.437 103.200 -0.488
201706 -0.301 103.100 -0.336
201709 -0.114 104.100 -0.126
201712 -0.627 104.500 -0.691
201803 -0.099 105.300 -0.108
201806 -0.055 104.900 -0.060
201809 1.661 106.600 1.795
201812 -0.074 106.500 -0.080
201903 0.254 107.700 0.272
201906 0.007 107.700 0.007
201909 0.240 109.800 0.252
201912 -0.075 111.200 -0.078
202003 -0.041 112.300 -0.042
202006 0.043 110.400 0.045
202009 -0.050 111.700 -0.052
202012 0.052 111.500 0.054
202103 -0.010 112.662 -0.010
202106 -0.096 111.769 -0.099
202109 -0.092 112.215 -0.094
202112 -0.167 113.108 -0.170
202203 -0.022 114.335 -0.022
202206 -0.255 114.558 -0.256
202209 -0.123 115.339 -0.123
202212 0.054 115.116 0.054
202303 -0.169 115.116 -0.169
202306 0.145 114.558 0.146
202309 -0.206 115.339 -0.206
202312 -0.197 114.781 -0.198
202403 -0.080 115.227 -0.080

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.


Henan Yicheng New Energy Co  (SZSE:300080) 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.


Henan Yicheng New Energy Co Cyclically Adjusted Price-to-FCF Related Terms

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Henan Yicheng New Energy Co (SZSE:300080) Business Description

Traded in Other Exchanges
N/A
Address
Kaifeng Fine Chemical Industrial Park, Henan Province, Henan, Kaifeng, CHN, 475000
Henan Yicheng New Energy Co Ltd is engaged in the production of solar crustal wafer cutting blade, recycling of waste mortar, solar power station construction, production and sales of negative electrode materials, and production and sales of monocrystalline silicon cells.
Executives
Chang Xing Hua Directors, executives
Wang Shao Feng Director
Lan Xiao Long Executives
Yang Guang Jie Executives
Cui Qiang Executives
Wang An Le Director
Yang Guo Xin Executives
Wan Jian Min Executives
Cui Yi Independent director
Mai Zhi Yong Directors, executives
Song He Chen Director
Jiang Wei Hai Director
Xu Yu Zhu Executives
Ji Fang Yin Director
Hao Yu Hui Director

Henan Yicheng New Energy Co (SZSE:300080) Headlines

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