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China Dive Co (SZSE:300526) Cyclically Adjusted Price-to-FCF : (As of Apr. 30, 2024)


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What is China Dive Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


China Dive Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Dive 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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China Dive Co Cyclically Adjusted Price-to-FCF Chart

China Dive Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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China Dive Co Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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Competitive Comparison of China Dive Co's Cyclically Adjusted Price-to-FCF

For the Leisure subindustry, China Dive 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.


China Dive Co's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, China Dive Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China Dive Co's Cyclically Adjusted Price-to-FCF falls into.



China Dive 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.

China Dive Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 is calculated as:

For example, China Dive Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec22 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=-0.657/115.1156*115.1156
=-0.657

Current CPI (Dec22) = 115.1156.

China Dive Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.206 97.624 -0.243
201412 -0.535 99.000 -0.622
201512 0.377 100.600 0.431
201612 -0.679 102.600 -0.762
201712 -0.509 104.500 -0.561
201812 0.103 106.500 0.111
201912 -0.485 111.200 -0.502
202012 -0.155 111.500 -0.160
202112 -0.083 113.108 -0.084
202212 -0.657 115.116 -0.657

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.


China Dive Co  (SZSE:300526) 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.


China Dive Co Cyclically Adjusted Price-to-FCF Related Terms

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China Dive Co (SZSE:300526) Business Description

Traded in Other Exchanges
N/A
Address
Changbu Village, Xinxu Town, Huiyang District, Guangdong Province, Huizhou, CHN, 516223
China Dive Co Ltd is a manufacturer of diving equipment products and provides diving services. Its engaged in producing marine diving equipment such as diving suits and fishing and hunting suits. It offers products such as dry diving suits, semi-dry wetsuit, wetsuit, hunting and fishing clothes, and other accessory equipment.

China Dive Co (SZSE:300526) Headlines

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