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Fosun International (HKSE:00656) Cyclically Adjusted Price-to-FCF : (As of Apr. 28, 2024)


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What is Fosun International Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Fosun International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fosun International'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.

Fosun International Cyclically Adjusted Price-to-FCF Chart

Fosun International 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 378.20 - 348.25 - -

Fosun International 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 348.25 - - - -

Competitive Comparison of Fosun International's Cyclically Adjusted Price-to-FCF

For the Conglomerates subindustry, Fosun International'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.


Fosun International's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Fosun International's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Fosun International's Cyclically Adjusted Price-to-FCF falls into.



Fosun International 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.

Fosun International's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Fosun International'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)
=-1.32/114.5475*114.5475
=-1.320

Current CPI (Dec22) = 114.5475.

Fosun International Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -1.260 95.090 -1.518
201412 -0.148 99.707 -0.170
201512 -1.208 102.015 -1.356
201612 0.891 103.225 0.989
201712 3.088 104.984 3.369
201812 0.223 107.622 0.237
201912 -0.107 110.700 -0.111
202012 -0.042 109.711 -0.044
202112 -1.794 112.349 -1.829
202212 -1.320 114.548 -1.320

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.


Fosun International  (HKSE:00656) 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.


Fosun International Cyclically Adjusted Price-to-FCF Related Terms

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Fosun International (HKSE:00656) Business Description

Traded in Other Exchanges
Address
3 Garden Road, Room 808, Industrial and Commercial Bank of China Building, Central, Hong Kong, HKG
Fosun International Ltd is an investment holding company. The company's operating segments include Health; Happiness; Insurance; Asset Management and Intelligent Manufacturing. It generates maximum revenue from the Happiness segment. The Wealth Segment includes two major sub-segments: Insurance and Asset Management. The Happiness segment comprises principally the operation and investments in tourism and leisure, fashion consumer, and lifestyle industries. Geographically, it derives a majority of its revenue from the Chinese Mainland.

Fosun International (HKSE:00656) Headlines

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