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Ningbo United Group Co (SHSE:600051) Cyclically Adjusted Price-to-FCF : 6.45 (As of Apr. 29, 2024)


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What is Ningbo United Group Co Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), Ningbo United Group Co's current share price is ¥6.00. Ningbo United Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.93. Ningbo United Group Co's Cyclically Adjusted Price-to-FCF for today is 6.45.

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

SHSE:600051' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.98   Med: 12.64   Max: 632
Current: 6.12

During the past years, Ningbo United Group Co's highest Cyclically Adjusted Price-to-FCF was 632.00. The lowest was 5.98. And the median was 12.64.

SHSE:600051's Cyclically Adjusted Price-to-FCF is ranked better than
95% of 80 companies
in the Industrial Distribution industry
Industry Median: 26.265 vs SHSE:600051: 6.12

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.

Ningbo United Group Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.105. 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 ¥0.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ningbo United Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ningbo United 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.

Ningbo United Group Co Cyclically Adjusted Price-to-FCF Chart

Ningbo United 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 8.03 12.28 12.28 13.13 8.25

Ningbo United Group Co 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 12.66 11.98 10.46 8.25 6.47

Competitive Comparison of Ningbo United Group Co's Cyclically Adjusted Price-to-FCF

For the Industrial Distribution subindustry, Ningbo United 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.


Ningbo United Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Ningbo United Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Ningbo United Group Co's Cyclically Adjusted Price-to-FCF falls into.



Ningbo United 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.

Ningbo United 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
=6.00/0.93
=6.45

* 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.

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

For example, Ningbo United Group 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)
=-0.105/114.6694*114.6694
=-0.105

Current CPI (Mar. 2024) = 114.6694.

Ningbo United Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.113 98.200 0.132
201409 -0.189 98.900 -0.219
201412 -0.193 99.000 -0.224
201503 -0.471 99.900 -0.541
201506 0.102 99.500 0.118
201509 -0.106 100.500 -0.121
201512 0.237 100.600 0.270
201603 0.277 102.200 0.311
201606 1.095 101.400 1.238
201609 0.670 102.400 0.750
201612 1.293 102.600 1.445
201703 0.607 103.200 0.674
201706 0.983 103.100 1.093
201709 -2.020 104.100 -2.225
201712 0.372 104.500 0.408
201803 -0.339 105.300 -0.369
201806 1.757 104.900 1.921
201809 -0.602 106.600 -0.648
201812 1.675 106.500 1.803
201903 -0.478 107.700 -0.509
201906 2.076 107.700 2.210
201909 2.992 109.800 3.125
201912 0.311 111.200 0.321
202003 0.292 112.300 0.298
202006 1.470 110.400 1.527
202009 0.272 111.700 0.279
202012 -1.659 111.500 -1.706
202103 -0.831 112.662 -0.846
202106 -0.149 111.769 -0.153
202109 -0.251 112.215 -0.256
202112 0.366 113.108 0.371
202203 -0.367 114.335 -0.368
202206 -0.754 114.558 -0.755
202209 0.424 115.339 0.422
202212 -0.451 115.116 -0.449
202303 -0.772 115.116 -0.769
202306 0.306 114.558 0.306
202309 0.203 115.339 0.202
202312 0.339 114.669 0.339
202403 -0.105 114.669 -0.105

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.


Ningbo United Group Co  (SHSE:600051) 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.


Ningbo United Group Co Cyclically Adjusted Price-to-FCF Related Terms

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Ningbo United Group Co (SHSE:600051) Business Description

Traded in Other Exchanges
N/A
Address
United Building No. 1 Donghai Road, Economic Development Zone, Zhejiang Province, Ningbo, CHN, 315803
Ningbo United Group Co Ltd is engaged in the development, manufacturing of energy, transportation, communications, municipal infrastructure, environmental protection equipment, instruments, general machinery, and electrical products.

Ningbo United Group Co (SHSE:600051) Headlines

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