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China Mengniu Dairy Co (China Mengniu Dairy Co) Cyclically Adjusted Price-to-FCF : 50.00 (As of Apr. 27, 2024)


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What is China Mengniu Dairy Co Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), China Mengniu Dairy Co's current share price is $2.50. China Mengniu Dairy Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 was $0.05. China Mengniu Dairy Co's Cyclically Adjusted Price-to-FCF for today is 50.00.

The historical rank and industry rank for China Mengniu Dairy Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

CIADF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 36.19   Med: 85.45   Max: 197.31
Current: 38.14

During the past 13 years, China Mengniu Dairy Co's highest Cyclically Adjusted Price-to-FCF was 197.31. The lowest was 36.19. And the median was 85.45.

CIADF's Cyclically Adjusted Price-to-FCF is ranked worse than
70.73% of 697 companies
in the Consumer Packaged Goods industry
Industry Median: 23.47 vs CIADF: 38.14

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 Mengniu Dairy Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec22 was $0.118. 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 $0.05 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Mengniu Dairy Co Cyclically Adjusted Price-to-FCF Historical Data

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

China Mengniu Dairy 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 93.50 177.43 144.60 83.86 -

China Mengniu Dairy 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 144.60 - 83.86 - -

Competitive Comparison of China Mengniu Dairy Co's Cyclically Adjusted Price-to-FCF

For the Packaged Foods subindustry, China Mengniu Dairy 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 Mengniu Dairy Co's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, China Mengniu Dairy Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



China Mengniu Dairy 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 Mengniu Dairy Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.50/0.05
=50.00

* 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.

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

For example, China Mengniu Dairy 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)
=0.118/114.5475*114.5475
=0.118

Current CPI (Dec22) = 114.5475.

China Mengniu Dairy Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.019 95.090 0.023
201412 0.006 99.707 0.007
201512 -0.045 102.015 -0.051
201612 0.046 103.225 0.051
201712 0.121 104.984 0.132
201812 0.108 107.622 0.115
201912 0.053 110.700 0.055
202012 0.036 109.711 0.038
202112 0.052 112.349 0.053
202212 0.118 114.548 0.118

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 Mengniu Dairy Co  (OTCPK:CIADF) 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 Mengniu Dairy Co Cyclically Adjusted Price-to-FCF Related Terms

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China Mengniu Dairy Co (China Mengniu Dairy Co) Business Description

Traded in Other Exchanges
Address
262 Gloucester Road, Causeway Bay, 32nd Floor, COFCO Tower, Hong Kong, HKG
China Mengniu Dairy, or Mengniu, is China's second-largest dairy producer by market share. The company produces a wide range of dairy products including liquid milk, ice cream, milk formula and cheese. Liquid milk, composed of milk, milk beverages and yogurt, contributed close to 80% of Mengniu's revenue in 2022. Flagship lineups include Deluxe, Mengniu Pure Milk, Just Yogurt and Yoyi C. Mengniu also owns two infant formula brands including Yashili and Bellamy as well as Milkground, a cheese brand.

China Mengniu Dairy Co (China Mengniu Dairy Co) Headlines

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