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CEC Environmental Protection Co (SZSE:300172) Cyclically Adjusted Price-to-FCF : 170.67 (As of May. 22, 2024)


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What is CEC Environmental Protection Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-22), CEC Environmental Protection Co's current share price is ¥5.12. CEC Environmental Protection Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.03. CEC Environmental Protection Co's Cyclically Adjusted Price-to-FCF for today is 170.67.

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

SZSE:300172' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 174   Med: 245   Max: 546
Current: 176.79

During the past years, CEC Environmental Protection Co's highest Cyclically Adjusted Price-to-FCF was 546.00. The lowest was 174.00. And the median was 245.00.

SZSE:300172's Cyclically Adjusted Price-to-FCF is ranked worse than
88.49% of 1034 companies
in the Industrial Products industry
Industry Median: 33.575 vs SZSE:300172: 176.79

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.

CEC Environmental Protection Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.094. 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 ¥0.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CEC Environmental Protection Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CEC Environmental Protection 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.

CEC Environmental Protection Co Cyclically Adjusted Price-to-FCF Chart

CEC Environmental Protection 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 - - - 340.33 300.04

CEC Environmental Protection 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 215.54 248.69 - 300.04 222.86

Competitive Comparison of CEC Environmental Protection Co's Cyclically Adjusted Price-to-FCF

For the Pollution & Treatment Controls subindustry, CEC Environmental Protection 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.


CEC Environmental Protection Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CEC Environmental Protection Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



CEC Environmental Protection 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.

CEC Environmental Protection Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.12/0.03
=170.67

* 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.

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

For example, CEC Environmental Protection 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)
=0.094/115.2271*115.2271
=0.094

Current CPI (Mar. 2024) = 115.2271.

CEC Environmental Protection Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.020 98.200 0.023
201409 -0.028 98.900 -0.033
201412 0.087 99.000 0.101
201503 -0.061 99.900 -0.070
201506 -0.016 99.500 -0.019
201509 0.008 100.500 0.009
201512 0.133 100.600 0.152
201603 -0.073 102.200 -0.082
201606 -0.065 101.400 -0.074
201609 0.059 102.400 0.066
201612 -0.057 102.600 -0.064
201703 -0.078 103.200 -0.087
201706 -0.006 103.100 -0.007
201709 -0.142 104.100 -0.157
201712 0.061 104.500 0.067
201803 -0.061 105.300 -0.067
201806 -0.006 104.900 -0.007
201809 -0.067 106.600 -0.072
201812 0.112 106.500 0.121
201903 -0.081 107.700 -0.087
201906 0.010 107.700 0.011
201909 0.008 109.800 0.008
201912 0.079 111.200 0.082
202003 -0.090 112.300 -0.092
202006 0.020 110.400 0.021
202009 0.020 111.700 0.021
202012 0.108 111.500 0.112
202103 -0.011 112.662 -0.011
202106 0.012 111.769 0.012
202109 -0.078 112.215 -0.080
202112 0.128 113.108 0.130
202203 -0.040 114.335 -0.040
202206 0.152 114.558 0.153
202209 0.029 115.339 0.029
202212 -0.013 115.116 -0.013
202303 0.048 115.116 0.048
202306 -0.089 114.558 -0.090
202309 0.000 115.339 0.000
202312 0.177 114.781 0.178
202403 0.094 115.227 0.094

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.


CEC Environmental Protection Co  (SZSE:300172) 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.


CEC Environmental Protection Co Cyclically Adjusted Price-to-FCF Related Terms

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


CEC Environmental Protection Co (SZSE:300172) Business Description

Traded in Other Exchanges
N/A
Address
Number 1800, Chengxin Street, Nanjing (Environmental Concentration Zone), Jiangning District, Nanjing, CHN, 211102
CEC Environmental Protection Co Ltd is engaged in the provision of water processing system solutions, water processing equipment system integration and contract construction of related engineering for industrial projects of thermal power, nuclear power, petrochemical, coal chemical, metallurgy and other industries. The company provides condensate polishing, water supply treatment, wastewater treatment, water vapor centralized monitoring and chemical injection lines, industrial flue gas treatment, municipal sludge treatment, municipal sewage treatment and others.

CEC Environmental Protection Co (SZSE:300172) Headlines

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