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Rizhao Port Co (SHSE:600017) Cyclically Adjusted Price-to-FCF : (As of Apr. 29, 2024)


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What is Rizhao Port Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Rizhao Port Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Rizhao Port 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.

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Rizhao Port Co Cyclically Adjusted Price-to-FCF Chart

Rizhao Port Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Rizhao Port Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Rizhao Port Co's Cyclically Adjusted Price-to-FCF

For the Marine Shipping subindustry, Rizhao Port 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.


Rizhao Port Co's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Rizhao Port Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Rizhao Port Co's Cyclically Adjusted Price-to-FCF falls into.



Rizhao Port 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.

Rizhao Port Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Rizhao Port Co'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)
=-0.074/114.6694*114.6694
=-0.074

Current CPI (Mar. 2024) = 114.6694.

Rizhao Port Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.009 98.200 0.011
201409 0.013 98.900 0.015
201412 -0.006 99.000 -0.007
201503 -0.067 99.900 -0.077
201506 0.045 99.500 0.052
201509 -0.028 100.500 -0.032
201512 -0.024 100.600 -0.027
201603 -0.077 102.200 -0.086
201606 0.043 101.400 0.049
201609 0.038 102.400 0.043
201612 0.044 102.600 0.049
201703 0.039 103.200 0.043
201706 0.023 103.100 0.026
201709 0.043 104.100 0.047
201712 -0.601 104.500 -0.659
201803 0.055 105.300 0.060
201806 -0.063 104.900 -0.069
201809 -0.016 106.600 -0.017
201812 0.055 106.500 0.059
201903 0.011 107.700 0.012
201906 0.005 107.700 0.005
201909 -0.164 109.800 -0.171
201912 -0.096 111.200 -0.099
202003 -0.025 112.300 -0.026
202006 -0.042 110.400 -0.044
202009 -0.111 111.700 -0.114
202012 -0.015 111.500 -0.015
202103 0.092 112.662 0.094
202106 0.168 111.769 0.172
202109 0.033 112.215 0.034
202112 -0.058 113.108 -0.059
202203 0.094 114.335 0.094
202206 0.090 114.558 0.090
202209 -0.042 115.339 -0.042
202212 -0.149 115.116 -0.148
202303 -0.089 115.116 -0.089
202306 -0.015 114.558 -0.015
202309 0.008 115.339 0.008
202312 -0.126 114.669 -0.126
202403 -0.074 114.669 -0.074

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.


Rizhao Port Co  (SHSE:600017) 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.


Rizhao Port Co Cyclically Adjusted Price-to-FCF Related Terms

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Rizhao Port Co (SHSE:600017) Business Description

Traded in Other Exchanges
N/A
Address
Haibin 2nd Road, Rizhao, Shandong, CHN, 276826
Rizhao Port Co Ltd provides cargo handling and storage services in China. It is involved in the handling and storage of ore, coal, cement, nickel ore, aluminum, vanadium, steel, coke, grain, wood chips, and other bulk cargoes, as well as crude oil, liquid chemicals, and containers.

Rizhao Port Co (SHSE:600017) Headlines

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