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Sichuan Guangan AAA PCL (SHSE:600979) Cyclically Adjusted Price-to-FCF : 54.83 (As of Apr. 28, 2024)


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What is Sichuan Guangan AAA PCL Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Sichuan Guangan AAA PCL's current share price is ¥3.29. Sichuan Guangan AAA PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was ¥0.06. Sichuan Guangan AAA PCL's Cyclically Adjusted Price-to-FCF for today is 54.83.

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

SHSE:600979' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 47.5   Med: 88   Max: 350
Current: 58.63

During the past years, Sichuan Guangan AAA PCL's highest Cyclically Adjusted Price-to-FCF was 350.00. The lowest was 47.50. And the median was 88.00.

SHSE:600979's Cyclically Adjusted Price-to-FCF is ranked worse than
83.33% of 234 companies
in the Utilities - Regulated industry
Industry Median: 16.865 vs SHSE:600979: 58.63

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.

Sichuan Guangan AAA PCL's adjusted free cash flow per share data for the three months ended in Sep. 2023 was ¥0.053. 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 ¥0.06 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sichuan Guangan AAA PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sichuan Guangan AAA PCL'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.

Sichuan Guangan AAA PCL Cyclically Adjusted Price-to-FCF Chart

Sichuan Guangan AAA PCL Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1,842.43 147.34 69.76

Sichuan Guangan AAA PCL Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 83.32 69.76 72.03 69.84 60.41

Competitive Comparison of Sichuan Guangan AAA PCL's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Electric subindustry, Sichuan Guangan AAA PCL'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.


Sichuan Guangan AAA PCL's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Sichuan Guangan AAA PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Sichuan Guangan AAA PCL's Cyclically Adjusted Price-to-FCF falls into.



Sichuan Guangan AAA PCL 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.

Sichuan Guangan AAA PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.29/0.06
=54.83

* 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.

Sichuan Guangan AAA PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Sichuan Guangan AAA PCL's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.053/115.3387*115.3387
=0.053

Current CPI (Sep. 2023) = 115.3387.

Sichuan Guangan AAA PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.000 97.624 0.000
201403 -0.092 98.600 -0.108
201406 -0.049 98.200 -0.058
201409 0.060 98.900 0.070
201412 -0.063 99.000 -0.073
201503 0.006 99.900 0.007
201506 0.034 99.500 0.039
201509 -0.017 100.500 -0.020
201512 -0.100 100.600 -0.115
201603 -0.110 102.200 -0.124
201606 -0.067 101.400 -0.076
201609 0.037 102.400 0.042
201612 0.027 102.600 0.030
201703 -0.018 103.200 -0.020
201706 0.038 103.100 0.043
201709 0.098 104.100 0.109
201712 0.173 104.500 0.191
201803 -0.071 105.300 -0.078
201806 0.070 104.900 0.077
201809 -0.069 106.600 -0.075
201812 0.056 106.500 0.061
201903 -0.062 107.700 -0.066
201906 -0.056 107.700 -0.060
201909 0.077 109.800 0.081
201912 0.103 111.200 0.107
202003 -0.008 112.300 -0.008
202006 0.021 110.400 0.022
202009 0.147 111.700 0.152
202012 0.038 111.500 0.039
202103 -0.002 112.662 -0.002
202106 0.033 111.769 0.034
202109 0.083 112.215 0.085
202112 0.002 113.108 0.002
202203 -0.066 114.335 -0.067
202206 0.012 114.558 0.012
202209 0.067 115.339 0.067
202212 0.114 115.116 0.114
202303 -0.030 115.116 -0.030
202306 0.089 114.558 0.090
202309 0.053 115.339 0.053

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.


Sichuan Guangan AAA PCL  (SHSE:600979) 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.


Sichuan Guangan AAA PCL Cyclically Adjusted Price-to-FCF Related Terms

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Sichuan Guangan AAA PCL (SHSE:600979) Business Description

Traded in Other Exchanges
N/A
Address
No. 86, Qujiang North Road, Guang'an District, Guang'an, Sichuan, CHN, 638000
Sichuan Guangan AAA PCL is a China-based company engaged in the generation and distribution of electricity, natural gas and running water. Network access installation services are also offered by the Company.

Sichuan Guangan AAA PCL (SHSE:600979) Headlines

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