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Xinyu Iron And Steel Co (SHSE:600782) Cyclically Adjusted Price-to-FCF : 4.84 (As of Apr. 29, 2024)


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What is Xinyu Iron And Steel Co Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), Xinyu Iron And Steel Co's current share price is ¥3.97. Xinyu Iron And Steel Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ¥0.82. Xinyu Iron And Steel Co's Cyclically Adjusted Price-to-FCF for today is 4.84.

The historical rank and industry rank for Xinyu Iron And Steel Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:600782' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.82   Med: 6.49   Max: 63.38
Current: 4.95

During the past years, Xinyu Iron And Steel Co's highest Cyclically Adjusted Price-to-FCF was 63.38. The lowest was 3.82. And the median was 6.49.

SHSE:600782's Cyclically Adjusted Price-to-FCF is ranked better than
88.43% of 268 companies
in the Steel industry
Industry Median: 13.365 vs SHSE:600782: 4.95

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.

Xinyu Iron And Steel Co's adjusted free cash flow per share data for the three months ended in Dec. 2023 was ¥-0.861. 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 ¥0.82 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Xinyu Iron And Steel Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Xinyu Iron And Steel 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.

Xinyu Iron And Steel Co Cyclically Adjusted Price-to-FCF Chart

Xinyu Iron And Steel 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 8.50 5.90 5.75 4.60 4.24

Xinyu Iron And Steel Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.60 4.64 4.27 4.73 4.24

Competitive Comparison of Xinyu Iron And Steel Co's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Xinyu Iron And Steel 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.


Xinyu Iron And Steel Co's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Xinyu Iron And Steel Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Xinyu Iron And Steel Co's Cyclically Adjusted Price-to-FCF falls into.



Xinyu Iron And Steel 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.

Xinyu Iron And Steel Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.97/0.82
=4.84

* 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.

Xinyu Iron And Steel Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Xinyu Iron And Steel 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)
=-0.861/114.6694*114.6694
=-0.861

Current CPI (Dec. 2023) = 114.6694.

Xinyu Iron And Steel Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.121 98.600 -0.141
201406 0.011 98.200 0.013
201409 0.199 98.900 0.231
201412 0.811 99.000 0.939
201503 -0.018 99.900 -0.021
201506 -0.040 99.500 -0.046
201509 -0.036 100.500 -0.041
201512 0.527 100.600 0.601
201603 -0.141 102.200 -0.158
201606 0.335 101.400 0.379
201609 -0.119 102.400 -0.133
201612 0.294 102.600 0.329
201703 0.203 103.200 0.226
201706 0.690 103.100 0.767
201709 0.117 104.100 0.129
201712 1.715 104.500 1.882
201803 0.321 105.300 0.350
201806 0.159 104.900 0.174
201809 0.810 106.600 0.871
201812 -0.822 106.500 -0.885
201903 0.092 107.700 0.098
201906 0.234 107.700 0.249
201909 0.961 109.800 1.004
201912 0.599 111.200 0.618
202003 0.498 112.300 0.509
202006 0.430 110.400 0.447
202009 0.051 111.700 0.052
202012 -0.172 111.500 -0.177
202103 0.460 112.662 0.468
202106 -0.308 111.769 -0.316
202109 0.163 112.215 0.167
202112 0.784 113.108 0.795
202203 -0.026 114.335 -0.026
202206 0.055 114.558 0.055
202209 -0.029 115.339 -0.029
202212 -0.326 115.116 -0.325
202303 0.029 115.116 0.029
202306 -0.125 114.558 -0.125
202309 0.132 115.339 0.131
202312 -0.861 114.669 -0.861

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.


Xinyu Iron And Steel Co  (SHSE:600782) 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.


Xinyu Iron And Steel Co Cyclically Adjusted Price-to-FCF Related Terms

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Xinyu Iron And Steel Co (SHSE:600782) Business Description

Traded in Other Exchanges
N/A
Address
Chengdong Economic Development Zone, Xinyu, Jiangxi, CHN, 338004
Xinyu Iron And Steel Co Ltd deals in products like the hot rolled coil, cold rolled sheet, wire rod, rebar, round bar, steel pipe, steel strip, and metal products. The products of the company are exported to more than twenty countries and regions such as Europe, the United States, Brazil, the Middle East, South Korea, Japan, Southeast Asia, and India.

Xinyu Iron And Steel Co (SHSE:600782) Headlines

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