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Xi'an ChenXiAviation Technology (SZSE:300581) Cyclically Adjusted Price-to-FCF : (As of Sep. 25, 2024)


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What is Xi'an ChenXiAviation Technology Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Xi'an ChenXiAviation Technology Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Xi'an ChenXiAviation Technology'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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Xi'an ChenXiAviation Technology Cyclically Adjusted Price-to-FCF Chart

Xi'an ChenXiAviation Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Xi'an ChenXiAviation Technology Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Competitive Comparison of Xi'an ChenXiAviation Technology's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, Xi'an ChenXiAviation Technology'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.


Xi'an ChenXiAviation Technology's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Xi'an ChenXiAviation Technology's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Xi'an ChenXiAviation Technology's Cyclically Adjusted Price-to-FCF falls into.



Xi'an ChenXiAviation Technology 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.

Xi'an ChenXiAviation Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Xi'an ChenXiAviation Technology's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-0.004/114.7809*114.7809
=-0.004

Current CPI (Jun. 2024) = 114.7809.

Xi'an ChenXiAviation Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201406 0.000 98.200 0.000
201412 0.000 99.000 0.000
201509 0.000 100.500 0.000
201512 0.000 100.600 0.000
201603 -0.022 102.200 -0.025
201606 -0.011 101.400 -0.012
201609 -0.052 102.400 -0.058
201612 0.061 102.600 0.068
201703 -0.083 103.200 -0.092
201706 -0.052 103.100 -0.058
201709 -0.016 104.100 -0.018
201712 0.013 104.500 0.014
201803 -0.016 105.300 -0.017
201806 -0.002 104.900 -0.002
201809 0.028 106.600 0.030
201812 0.003 106.500 0.003
201903 -0.032 107.700 -0.034
201906 -0.033 107.700 -0.035
201909 -0.059 109.800 -0.062
201912 -0.029 111.200 -0.030
202003 -0.010 112.300 -0.010
202006 0.013 110.400 0.014
202009 -0.066 111.700 -0.068
202012 -0.023 111.500 -0.024
202103 0.023 112.662 0.023
202106 -0.003 111.769 -0.003
202109 -0.064 112.215 -0.065
202112 0.058 113.108 0.059
202203 -0.048 114.335 -0.048
202206 -0.054 114.558 -0.054
202209 -0.085 115.339 -0.085
202212 0.210 115.116 0.209
202303 -0.202 115.116 -0.201
202306 -0.020 114.558 -0.020
202309 -0.085 115.339 -0.085
202312 0.024 114.781 0.024
202403 -0.090 115.227 -0.090
202406 -0.004 114.781 -0.004

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.


Xi'an ChenXiAviation Technology  (SZSE:300581) 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.


Xi'an ChenXiAviation Technology Cyclically Adjusted Price-to-FCF Related Terms

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Xi'an ChenXiAviation Technology Business Description

Traded in Other Exchanges
N/A
Address
69 Jinye Road, No. 11, District C, Pioneer Park, High-tech Zone, Shaanxi Province, Xi'an, CHN, 710077
Website
Xi'an ChenXiAviation Technology Corp Ltd is engaged in manufacturing of aviation inertial navigation products, aircraft engines and electrical products.
Executives
Wang Man Cang Independent director

Xi'an ChenXiAviation Technology Headlines

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