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Dazhong Transportation (Group) Co (SHSE:600611) Cyclically Adjusted Price-to-FCF : (As of Apr. 29, 2024)


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What is Dazhong Transportation (Group) Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dazhong Transportation (Group) Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Dazhong Transportation (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.

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Dazhong Transportation (Group) Co Cyclically Adjusted Price-to-FCF Chart

Dazhong Transportation (Group) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Dazhong Transportation (Group) Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Dazhong Transportation (Group) Co's Cyclically Adjusted Price-to-FCF

For the Trucking subindustry, Dazhong Transportation (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.


Dazhong Transportation (Group) Co's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

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

* The bar in red indicates where Dazhong Transportation (Group) Co's Cyclically Adjusted Price-to-FCF falls into.



Dazhong Transportation (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.

Dazhong Transportation (Group) Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Dazhong Transportation (Group) Co's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.108/114.6694*114.6694
=-0.108

Current CPI (Dec. 2023) = 114.6694.

Dazhong Transportation (Group) Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.072 98.600 -0.084
201406 -0.014 98.200 -0.016
201409 0.071 98.900 0.082
201412 0.066 99.000 0.076
201503 0.042 99.900 0.048
201506 0.135 99.500 0.156
201509 0.077 100.500 0.088
201512 0.038 100.600 0.043
201603 0.010 102.200 0.011
201606 0.146 101.400 0.165
201609 0.196 102.400 0.219
201612 -0.039 102.600 -0.044
201703 -0.032 103.200 -0.036
201706 0.003 103.100 0.003
201709 -0.029 104.100 -0.032
201712 0.047 104.500 0.052
201803 -0.023 105.300 -0.025
201806 -0.075 104.900 -0.082
201809 0.000 106.600 0.000
201812 -0.009 106.500 -0.010
201903 -0.471 107.700 -0.501
201906 0.005 107.700 0.005
201909 0.023 109.800 0.024
201912 0.075 111.200 0.077
202003 -0.226 112.300 -0.231
202006 -0.175 110.400 -0.182
202009 0.119 111.700 0.122
202012 -0.211 111.500 -0.217
202103 0.072 112.662 0.073
202106 0.142 111.769 0.146
202109 0.067 112.215 0.068
202112 0.109 113.108 0.111
202203 -0.090 114.335 -0.090
202206 -0.017 114.558 -0.017
202209 -0.503 115.339 -0.500
202212 0.021 115.116 0.021
202303 -0.021 115.116 -0.021
202306 -0.109 114.558 -0.109
202309 0.040 115.339 0.040
202312 -0.108 114.669 -0.108

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.


Dazhong Transportation (Group) Co  (SHSE:600611) 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.


Dazhong Transportation (Group) Co Cyclically Adjusted Price-to-FCF Related Terms

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Dazhong Transportation (Group) Co (SHSE:600611) Business Description

Traded in Other Exchanges
Address
No. 1515 Zhongshan West Road, Dazhong Building, 22nd Floor, Xuhui District, Shanghai, CHN, 200235
Dazhong Transportation Group is a passenger transportation and property investment company. The company operates taxis and public bus passenger transportation, and maintains, leases, and distributes automobiles. Dazhong Transportation also operates a real estate investment business, which develops, leases, and sells residential and commercial property. In addition, the company provides logistics, tourism, and catering services. The company is headquartered in the People's Republic of China, and generates revenue domestically.

Dazhong Transportation (Group) Co (SHSE:600611) Headlines

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