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Huafon Microfibre (Shanghai) Co (SZSE:300180) Cyclically Adjusted Price-to-FCF : (As of May. 24, 2024)


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What is Huafon Microfibre (Shanghai) Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Huafon Microfibre (Shanghai) Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Huafon Microfibre (Shanghai) 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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Huafon Microfibre (Shanghai) Co Cyclically Adjusted Price-to-FCF Chart

Huafon Microfibre (Shanghai) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Huafon Microfibre (Shanghai) 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 Huafon Microfibre (Shanghai) Co's Cyclically Adjusted Price-to-FCF

For the Chemicals subindustry, Huafon Microfibre (Shanghai) 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.


Huafon Microfibre (Shanghai) Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Huafon Microfibre (Shanghai) Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Huafon Microfibre (Shanghai) Co's Cyclically Adjusted Price-to-FCF falls into.



Huafon Microfibre (Shanghai) 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.

Huafon Microfibre (Shanghai) Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Huafon Microfibre (Shanghai) 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)
=0.058/115.2271*115.2271
=0.058

Current CPI (Mar. 2024) = 115.2271.

Huafon Microfibre (Shanghai) Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.005 98.200 -0.006
201409 -0.236 98.900 -0.275
201412 0.016 99.000 0.019
201503 -0.052 99.900 -0.060
201506 -0.013 99.500 -0.015
201509 -0.172 100.500 -0.197
201512 -0.192 100.600 -0.220
201603 -0.215 102.200 -0.242
201606 -0.219 101.400 -0.249
201609 -0.113 102.400 -0.127
201612 -0.129 102.600 -0.145
201703 -0.208 103.200 -0.232
201706 -0.043 103.100 -0.048
201709 -0.014 104.100 -0.015
201712 0.075 104.500 0.083
201803 -0.174 105.300 -0.190
201806 -0.091 104.900 -0.100
201809 -0.115 106.600 -0.124
201812 0.039 106.500 0.042
201903 -0.106 107.700 -0.113
201906 0.036 107.700 0.039
201909 0.019 109.800 0.020
201912 -0.641 111.200 -0.664
202003 -0.140 112.300 -0.144
202006 0.028 110.400 0.029
202009 -0.017 111.700 -0.018
202012 -0.043 111.500 -0.044
202103 -0.200 112.662 -0.205
202106 -0.009 111.769 -0.009
202109 0.094 112.215 0.097
202112 0.068 113.108 0.069
202203 -0.217 114.335 -0.219
202206 0.072 114.558 0.072
202209 -0.003 115.339 -0.003
202212 0.042 115.116 0.042
202303 -0.043 115.116 -0.043
202306 -0.088 114.558 -0.089
202309 0.055 115.339 0.055
202312 0.168 114.781 0.169
202403 0.058 115.227 0.058

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.


Huafon Microfibre (Shanghai) Co  (SZSE:300180) 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.


Huafon Microfibre (Shanghai) Co Cyclically Adjusted Price-to-FCF Related Terms

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Huafon Microfibre (Shanghai) Co (SZSE:300180) Business Description

Traded in Other Exchanges
N/A
Address
888 South Tingwei Road, Jinshan District, Shanghai, CHN, 201508
Huafon Microfibre (Shanghai) Co Ltd is engaged in the development, manufacture, and marketing of microfibre leather. Its main products include PU resin, bundle superfine fibre, non-woven fabric, coagulation, coating, and dyeing. Geographically the activities are carried out through China.
Executives
Xian Dan Director
Zhao Yu Biao Independent director
You Xiao Ping Director
Zhao Hong Kai Directors, executives
Duan Wei Dong Directors, executives
Yu Shao Ting Supervisors
Cai Kai Cheng Executives
Liu Yong Sheng Supervisors
Cheng Ming Director, Director, Representative of Securities A
Wang Ke Liang Directors, executives
Wang Dao Chong Directors, executives

Huafon Microfibre (Shanghai) Co (SZSE:300180) Headlines

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