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Huaneng Power International (HKSE:00902) Cyclically Adjusted Price-to-FCF : 245.00 (As of Apr. 28, 2024)


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What is Huaneng Power International Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Huaneng Power International's current share price is HK$4.90. Huaneng Power International's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was HK$0.02. Huaneng Power International's Cyclically Adjusted Price-to-FCF for today is 245.00.

The historical rank and industry rank for Huaneng Power International's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

HKSE:00902' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.99   Med: 18.26   Max: 252.5
Current: 210.63

During the past years, Huaneng Power International's highest Cyclically Adjusted Price-to-FCF was 252.50. The lowest was 4.99. And the median was 18.26.

HKSE:00902's Cyclically Adjusted Price-to-FCF is ranked worse than
97.48% of 119 companies
in the Utilities - Independent Power Producers industry
Industry Median: 13.3 vs HKSE:00902: 210.63

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.

Huaneng Power International's adjusted free cash flow per share data for the three months ended in Mar. 2024 was HK$0.176. 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 HK$0.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Huaneng Power International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Huaneng Power 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.

Huaneng Power International Cyclically Adjusted Price-to-FCF Chart

Huaneng Power 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 7.46 5.79 21.09 24.44 118.18

Huaneng Power International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 36.06 64.54 64.54 118.18 209.73

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

For the Utilities - Independent Power Producers subindustry, Huaneng Power 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.


Huaneng Power International's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Huaneng Power International's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Huaneng Power 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.

Huaneng Power International's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.90/0.02
=245.00

* 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.

Huaneng Power International's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Huaneng Power International's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.176/114.6694*114.6694
=0.176

Current CPI (Mar. 2024) = 114.6694.

Huaneng Power International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.392 98.200 0.458
201409 0.231 98.900 0.268
201412 0.080 99.000 0.093
201503 0.478 99.900 0.549
201506 0.623 99.500 0.718
201509 0.416 100.500 0.475
201512 0.033 100.600 0.038
201603 0.670 102.200 0.752
201606 0.323 101.400 0.365
201609 0.285 102.400 0.319
201612 -0.360 102.600 -0.402
201703 0.189 103.200 0.210
201706 0.081 103.100 0.090
201709 0.136 104.100 0.150
201712 -0.100 104.500 -0.110
201803 0.475 105.300 0.517
201806 0.172 104.900 0.188
201809 0.172 106.600 0.185
201812 -0.131 106.500 -0.141
201903 0.464 107.700 0.494
201906 -0.090 107.700 -0.096
201909 0.346 109.800 0.361
201912 -0.231 111.200 -0.238
202003 0.124 112.300 0.127
202006 -0.154 110.400 -0.160
202009 0.074 111.700 0.076
202012 -0.072 111.500 -0.074
202103 0.111 112.662 0.113
202106 -0.013 111.769 -0.013
202109 -0.475 112.215 -0.485
202112 -3.088 113.108 -3.131
202203 0.051 114.335 0.051
202206 0.469 114.558 0.469
202209 -0.321 115.339 -0.319
202212 -0.808 115.116 -0.805
202303 -0.162 115.116 -0.161
202306 -0.282 114.558 -0.282
202309 0.316 115.339 0.314
202312 -0.490 114.669 -0.490
202403 0.176 114.669 0.176

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.


Huaneng Power International  (HKSE:00902) 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.


Huaneng Power International Cyclically Adjusted Price-to-FCF Related Terms

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Huaneng Power International (HKSE:00902) Business Description

Traded in Other Exchanges
Address
No. 6 Fuxingmennei Street, Huaneng Building, Xicheng District, Beijing, CHN, 100031
Huaneng Power International Inc is an independent power producer. It develops, constructs, and operates power plants in Chinese provinces, as well as a wholly-owned power company in Singapore. The reportable segments of the Group are the PRC power segment, the overseas segment and all other segments. It derives the majority of its revenue from the PRC power segment.

Huaneng Power International (HKSE:00902) Headlines

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