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Liaoning Kelong Fine Chemical Co (SZSE:300405) Cyclically Adjusted Price-to-FCF : (As of Jun. 23, 2024)


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What is Liaoning Kelong Fine Chemical Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Liaoning Kelong Fine Chemical Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Liaoning Kelong Fine Chemical 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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Liaoning Kelong Fine Chemical Co Cyclically Adjusted Price-to-FCF Chart

Liaoning Kelong Fine Chemical Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Liaoning Kelong Fine Chemical 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 Liaoning Kelong Fine Chemical Co's Cyclically Adjusted Price-to-FCF

For the Chemicals subindustry, Liaoning Kelong Fine Chemical 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.


Liaoning Kelong Fine Chemical Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Liaoning Kelong Fine Chemical Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Liaoning Kelong Fine Chemical Co's Cyclically Adjusted Price-to-FCF falls into.



Liaoning Kelong Fine Chemical 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.

Liaoning Kelong Fine Chemical Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Liaoning Kelong Fine Chemical 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)
=-0.131/115.2271*115.2271
=-0.131

Current CPI (Mar. 2024) = 115.2271.

Liaoning Kelong Fine Chemical Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.153 98.200 0.180
201409 -0.237 98.900 -0.276
201412 -0.059 99.000 -0.069
201503 -0.486 99.900 -0.561
201506 -0.065 99.500 -0.075
201509 0.380 100.500 0.436
201512 0.033 100.600 0.038
201603 0.087 102.200 0.098
201606 -0.096 101.400 -0.109
201609 0.001 102.400 0.001
201612 -0.123 102.600 -0.138
201703 -0.370 103.200 -0.413
201706 -0.020 103.100 -0.022
201709 0.196 104.100 0.217
201712 -0.188 104.500 -0.207
201803 0.107 105.300 0.117
201806 -0.555 104.900 -0.610
201809 0.148 106.600 0.160
201812 1.328 106.500 1.437
201903 -0.397 107.700 -0.425
201906 0.146 107.700 0.156
201909 -0.052 109.800 -0.055
201912 0.423 111.200 0.438
202003 -0.140 112.300 -0.144
202006 0.132 110.400 0.138
202009 -0.156 111.700 -0.161
202012 0.053 111.500 0.055
202103 -0.198 112.662 -0.203
202106 0.042 111.769 0.043
202109 0.291 112.215 0.299
202112 -0.151 113.108 -0.154
202203 -0.225 114.335 -0.227
202206 -0.313 114.558 -0.315
202209 0.003 115.339 0.003
202212 0.114 115.116 0.114
202303 -0.048 115.116 -0.048
202306 0.177 114.558 0.178
202309 -0.164 115.339 -0.164
202312 -0.019 114.781 -0.019
202403 -0.131 115.227 -0.131

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.


Liaoning Kelong Fine Chemical Co  (SZSE:300405) 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.


Liaoning Kelong Fine Chemical Co Cyclically Adjusted Price-to-FCF Related Terms

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Liaoning Kelong Fine Chemical Co (SZSE:300405) Business Description

Traded in Other Exchanges
N/A
Address
No. 36, Wanhe 7th Road, Hongwei District, Liaoning Province, Liaoyang City, CHN, 111003
Liaoning Kelong Fine Chemical Co Ltd is a chemical manufacturer. It is engaged in the research, development, production, and application of deep processing technology for ethylene oxide derivatives. It is based on the field of fine chemical new materials and mainly based on ethylene oxide. Its some of the products are Polycarboxylate water reducer, Polycarboxylate water reducing agent.
Executives
Zhou Quan Kai Directors, executives
Ji Chun Wei Executives
Li Yan Director
Jiang Yan Directors, executives
Pu Yun Jun Director
Han Xu Director
Jin Feng Long Director
Liu Xin Supervisors
Yang Fu Mei Supervisors
Wang Xiao Heng Secretary Dong
Wu Chun Feng Supervisors
Su Jing Hua Supervisors
Lin Yan Hua Supervisors

Liaoning Kelong Fine Chemical Co (SZSE:300405) Headlines

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