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China High Speed Transmission Equipment Group Co (China High Speed Transmission Equipment Group Co) Cyclically Adjusted Price-to-FCF : 1.89 (As of Apr. 29, 2024)


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What is China High Speed Transmission Equipment Group Co Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), China High Speed Transmission Equipment Group Co's current share price is $2.32. China High Speed Transmission Equipment Group Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was $1.23. China High Speed Transmission Equipment Group Co's Cyclically Adjusted Price-to-FCF for today is 1.89.

The historical rank and industry rank for China High Speed Transmission Equipment Group Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

CHSTY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.89   Med: 10.56   Max: 71.73
Current: 2.04

During the past 13 years, China High Speed Transmission Equipment Group Co's highest Cyclically Adjusted Price-to-FCF was 71.73. The lowest was 1.89. And the median was 10.56.

CHSTY's Cyclically Adjusted Price-to-FCF is ranked better than
98.82% of 1020 companies
in the Industrial Products industry
Industry Median: 32.835 vs CHSTY: 2.04

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.

China High Speed Transmission Equipment Group Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was $-4.572. 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 $1.23 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


China High Speed Transmission Equipment Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China High Speed Transmission Equipment Group 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.

China High Speed Transmission Equipment Group Co Cyclically Adjusted Price-to-FCF Chart

China High Speed Transmission Equipment Group 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 12.24 15.11 11.91 9.15 4.43

China High Speed Transmission Equipment Group Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 11.91 - 9.15 - 4.43

Competitive Comparison of China High Speed Transmission Equipment Group Co's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, China High Speed Transmission Equipment Group 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 High Speed Transmission Equipment Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China High Speed Transmission Equipment Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China High Speed Transmission Equipment Group Co's Cyclically Adjusted Price-to-FCF falls into.



China High Speed Transmission Equipment Group 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 High Speed Transmission Equipment Group Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.32/1.23
=1.89

* 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.

China High Speed Transmission Equipment Group Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, China High Speed Transmission Equipment Group 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)
=-4.572/114.6694*114.6694
=-4.572

Current CPI (Dec23) = 114.6694.

China High Speed Transmission Equipment Group Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.831 99.000 -0.963
201512 10.757 100.600 12.261
201612 5.465 102.600 6.108
201712 3.829 104.500 4.202
201812 -0.059 106.500 -0.064
201912 3.360 111.200 3.465
202012 1.649 111.500 1.696
202112 -6.381 113.108 -6.469
202212 -3.773 115.116 -3.758
202312 -4.572 114.669 -4.572

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 High Speed Transmission Equipment Group Co  (OTCPK:CHSTY) 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 High Speed Transmission Equipment Group Co Cyclically Adjusted Price-to-FCF Related Terms

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China High Speed Transmission Equipment Group Co (China High Speed Transmission Equipment Group Co) Business Description

Traded in Other Exchanges
Address
No. 30, Houjiao Road, Jiangning District, Nanjing, CHN
China High Speed Transmission Equipment Group Co Ltd is a China-based company that is engaged in researching, developing, designing, manufacturing, and distributing a wide range of mechanical transmission equipment. Its business portfolio includes Wind Energy Gearboxes; Rail Vehicle Gearboxes; Industrial Gearbox; and Robot Reducers. The company's segment includes Wind and industrial gear transmission equipment; Rail transportation gear transmission equipment segment; Trading business and Others.

China High Speed Transmission Equipment Group Co (China High Speed Transmission Equipment Group Co) Headlines