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China Fortune Land Development Co (SHSE:600340) Cyclically Adjusted Price-to-FCF : (As of May. 16, 2024)


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What is China Fortune Land Development Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


China Fortune Land Development Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Fortune Land Development 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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China Fortune Land Development Co Cyclically Adjusted Price-to-FCF Chart

China Fortune Land Development Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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China Fortune Land Development 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 China Fortune Land Development Co's Cyclically Adjusted Price-to-FCF

For the Real Estate - Development subindustry, China Fortune Land Development 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 Fortune Land Development Co's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Fortune Land Development Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



China Fortune Land Development 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 Fortune Land Development Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, China Fortune Land Development 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)
=-0.139/114.6694*114.6694
=-0.139

Current CPI (Mar. 2024) = 114.6694.

China Fortune Land Development Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.049 98.200 0.057
201409 -0.679 98.900 -0.787
201412 -0.501 99.000 -0.580
201503 -0.486 99.900 -0.558
201506 -0.219 99.500 -0.252
201509 1.141 100.500 1.302
201512 1.379 100.600 1.572
201603 -1.133 102.200 -1.271
201606 -0.547 101.400 -0.619
201609 1.111 102.400 1.244
201612 1.594 102.600 1.782
201703 -0.897 103.200 -0.997
201706 -0.696 103.100 -0.774
201709 -4.638 104.100 -5.109
201712 0.863 104.500 0.947
201803 -2.603 105.300 -2.835
201806 0.261 104.900 0.285
201809 -0.117 106.600 -0.126
201812 -0.130 106.500 -0.140
201903 -3.916 107.700 -4.169
201906 -1.306 107.700 -1.391
201909 -5.489 109.800 -5.732
201912 1.601 111.200 1.651
202003 -4.141 112.300 -4.228
202006 -2.763 110.400 -2.870
202009 -1.952 111.700 -2.004
202012 0.247 111.500 0.254
202103 -0.814 112.662 -0.829
202106 -0.630 111.769 -0.646
202109 -0.110 112.215 -0.112
202112 0.392 113.108 0.397
202203 0.029 114.335 0.029
202206 0.192 114.558 0.192
202209 0.066 115.339 0.066
202212 -0.443 115.116 -0.441
202303 0.041 115.116 0.041
202306 -0.003 114.558 -0.003
202309 -0.366 115.339 -0.364
202312 -0.090 114.669 -0.090
202403 -0.139 114.669 -0.139

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 Fortune Land Development Co  (SHSE:600340) 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 Fortune Land Development Co Cyclically Adjusted Price-to-FCF Related Terms

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China Fortune Land Development Co (SHSE:600340) Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Xiaguangli, North Dongsanhuan Road, Fl.9, Block A, Jiacheng Plaza, Chaoyang District, Beijing, CHN, 100027
China Fortune Land Development Co Ltd is engaged in the investment, development, construction and operation of the new industrial city. It is primarily involved in planning, designing, land consolidation, investment, infrastructure construction and public facility development. Further, it is also involved in development of green cities and construction of smart urban.

China Fortune Land Development Co (SHSE:600340) Headlines

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