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Gemdale (SHSE:600383) Cyclically Adjusted Price-to-FCF : 2.95 (As of May. 14, 2024)


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What is Gemdale Cyclically Adjusted Price-to-FCF?

As of today (2024-05-14), Gemdale's current share price is ¥3.90. Gemdale's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥1.32. Gemdale's Cyclically Adjusted Price-to-FCF for today is 2.95.

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

SHSE:600383' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.43   Med: 27.64   Max: 475.5
Current: 3.01

During the past years, Gemdale's highest Cyclically Adjusted Price-to-FCF was 475.50. The lowest was 2.43. And the median was 27.64.

SHSE:600383's Cyclically Adjusted Price-to-FCF is ranked better than
86.33% of 695 companies
in the Real Estate industry
Industry Median: 12.62 vs SHSE:600383: 3.01

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.

Gemdale's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.213. 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 ¥1.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gemdale Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Gemdale'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.

Gemdale Cyclically Adjusted Price-to-FCF Chart

Gemdale 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 30.92 19.99 14.59 8.86 3.47

Gemdale 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 7.34 5.30 5.33 3.47 2.86

Competitive Comparison of Gemdale's Cyclically Adjusted Price-to-FCF

For the Real Estate - Development subindustry, Gemdale'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.


Gemdale's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Gemdale's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Gemdale 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.

Gemdale's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.90/1.32
=2.95

* 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.

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

For example, Gemdale'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)
=-0.213/114.6694*114.6694
=-0.213

Current CPI (Mar. 2024) = 114.6694.

Gemdale Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.367 98.200 -0.429
201409 0.429 98.900 0.497
201412 0.235 99.000 0.272
201503 -0.658 99.900 -0.755
201506 -0.004 99.500 -0.005
201509 0.900 100.500 1.027
201512 1.337 100.600 1.524
201603 -0.112 102.200 -0.126
201606 1.700 101.400 1.922
201609 0.694 102.400 0.777
201612 1.382 102.600 1.545
201703 -0.977 103.200 -1.086
201706 0.248 103.100 0.276
201709 0.600 104.100 0.661
201712 -1.563 104.500 -1.715
201803 -0.693 105.300 -0.755
201806 -1.758 104.900 -1.922
201809 0.274 106.600 0.295
201812 1.569 106.500 1.689
201903 -1.089 107.700 -1.159
201906 -0.513 107.700 -0.546
201909 1.460 109.800 1.525
201912 1.660 111.200 1.712
202003 -1.957 112.300 -1.998
202006 1.130 110.400 1.174
202009 0.880 111.700 0.903
202012 1.279 111.500 1.315
202103 -1.222 112.662 -1.244
202106 -1.049 111.769 -1.076
202109 2.039 112.215 2.084
202112 2.221 113.108 2.252
202203 -0.049 114.335 -0.049
202206 1.312 114.558 1.313
202209 1.245 115.339 1.238
202212 1.715 115.116 1.708
202303 -1.025 115.116 -1.021
202306 1.038 114.558 1.039
202309 -0.136 115.339 -0.135
202312 0.656 114.669 0.656
202403 -0.213 114.669 -0.213

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.


Gemdale  (SHSE:600383) 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.


Gemdale Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Gemdale's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Gemdale (SHSE:600383) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Fuqiang Road, Gemdale Business Building, Futian District, Shenzhen, Guangdong, CHN, 518048
Gemdale Corp is a China-based company engaged in real estate development. Its businesses include development and sales and decoration of residences, development and sales and operating of a commercial real estate, real-estate financing, property service and community operating, international education featuring tennis and sports business.

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