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Yangzhou Chenhua New Material Co (SZSE:300610) Cyclically Adjusted Price-to-FCF : 29.00 (As of Sep. 21, 2024)


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What is Yangzhou Chenhua New Material Co Cyclically Adjusted Price-to-FCF?

As of today (2024-09-21), Yangzhou Chenhua New Material Co's current share price is ¥7.83. Yangzhou Chenhua New Material Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was ¥0.27. Yangzhou Chenhua New Material Co's Cyclically Adjusted Price-to-FCF for today is 29.00.

The historical rank and industry rank for Yangzhou Chenhua New Material Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SZSE:300610' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 26.41   Med: 48.54   Max: 92.08
Current: 29.1

During the past 12 years, Yangzhou Chenhua New Material Co's highest Cyclically Adjusted Price-to-FCF was 92.08. The lowest was 26.41. And the median was 48.54.

SZSE:300610's Cyclically Adjusted Price-to-FCF is ranked worse than
57.47% of 522 companies
in the Chemicals industry
Industry Median: 23.685 vs SZSE:300610: 29.10

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.

Yangzhou Chenhua New Material Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was ¥0.091. 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 ¥0.27 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yangzhou Chenhua New Material Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Yangzhou Chenhua New Material 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.

Yangzhou Chenhua New Material Co Cyclically Adjusted Price-to-FCF Chart

Yangzhou Chenhua New Material 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 - - 82.58 45.17 41.94

Yangzhou Chenhua New Material Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - 41.94 - -

Competitive Comparison of Yangzhou Chenhua New Material Co's Cyclically Adjusted Price-to-FCF

For the Chemicals subindustry, Yangzhou Chenhua New Material 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.


Yangzhou Chenhua New Material Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Yangzhou Chenhua New Material Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Yangzhou Chenhua New Material Co's Cyclically Adjusted Price-to-FCF falls into.



Yangzhou Chenhua New Material 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.

Yangzhou Chenhua New Material Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7.83/0.27
=29.00

* 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.

Yangzhou Chenhua New Material Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Yangzhou Chenhua New Material Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.091/114.7809*114.7809
=0.091

Current CPI (Dec23) = 114.7809.

Yangzhou Chenhua New Material Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.180 99.000 0.209
201512 0.444 100.600 0.507
201612 0.307 102.600 0.343
201712 -0.135 104.500 -0.148
201812 0.142 106.500 0.153
201912 0.198 111.200 0.204
202012 0.291 111.500 0.300
202112 0.509 113.108 0.517
202212 0.514 115.116 0.513
202312 0.091 114.781 0.091

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.


Yangzhou Chenhua New Material Co  (SZSE:300610) 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.


Yangzhou Chenhua New Material Co Cyclically Adjusted Price-to-FCF Related Terms

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Yangzhou Chenhua New Material Co Business Description

Traded in Other Exchanges
N/A
Address
No. 231, Caodian Town, Baoying County, Jiangsu Province, Yangzhou, CHN, 225803
Yangzhou Chenhua New Material Co Ltd researches, develops, produces, and sells fine chemicals. The company's primary products include flame retardant, polyether, polyether amine, silicon oil, alkyl polyglucoside, surfactant, silicon rubber and sealant, water-borne polyurethane resin, and textile auxiliary series of products. Its products are used in the everyday use chemicals, pesticides, medicines, machines, automobiles, wires and cables, architectures, and installations, as well as in the printing and dyeing and textile industries.
Executives
Dong Xiao Hong Executives
Hao Bin Supervisors
Shi Yong Bing Directors, executives
Hao Qiao Ling Directors, executives
Yang Si Xue Directors, executives
Yu Zi Zhou Directors, executives
Bi Ji Hui Director
Wu Da Ming Directors, executives

Yangzhou Chenhua New Material Co Headlines

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