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Zhewen Interactive Group Co (SHSE:600986) Cyclically Adjusted Price-to-FCF : 44.18 (As of Apr. 28, 2024)


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What is Zhewen Interactive Group Co Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Zhewen Interactive Group Co's current share price is ¥4.86. Zhewen Interactive Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ¥0.11. Zhewen Interactive Group Co's Cyclically Adjusted Price-to-FCF for today is 44.18.

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

SHSE:600986' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 35.14   Med: 138.48   Max: 750
Current: 45.6

During the past years, Zhewen Interactive Group Co's highest Cyclically Adjusted Price-to-FCF was 750.00. The lowest was 35.14. And the median was 138.48.

SHSE:600986's Cyclically Adjusted Price-to-FCF is ranked worse than
81.51% of 357 companies
in the Media - Diversified industry
Industry Median: 16.88 vs SHSE:600986: 45.60

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.

Zhewen Interactive Group Co's adjusted free cash flow per share data for the three months ended in Dec. 2023 was ¥-0.096. 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 ¥0.11 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhewen Interactive Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zhewen Interactive 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.

* Premium members only.

Zhewen Interactive Group Co Cyclically Adjusted Price-to-FCF Chart

Zhewen Interactive Group 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 - - - - 51.23

Zhewen Interactive Group 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 - 846.01 57.99 38.45 51.23

Competitive Comparison of Zhewen Interactive Group Co's Cyclically Adjusted Price-to-FCF

For the Advertising Agencies subindustry, Zhewen Interactive 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.


Zhewen Interactive Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Zhewen Interactive Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Zhewen Interactive Group Co's Cyclically Adjusted Price-to-FCF falls into.



Zhewen Interactive 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.

Zhewen Interactive Group Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.86/0.11
=44.18

* 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.

Zhewen Interactive Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Zhewen Interactive 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)
=-0.096/114.6694*114.6694
=-0.096

Current CPI (Dec. 2023) = 114.6694.

Zhewen Interactive Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.054 98.600 0.063
201406 -0.213 98.200 -0.249
201409 0.269 98.900 0.312
201412 -0.190 99.000 -0.220
201503 0.127 99.900 0.146
201506 0.048 99.500 0.055
201509 0.153 100.500 0.175
201512 0.421 100.600 0.480
201603 -0.082 102.200 -0.092
201606 0.113 101.400 0.128
201609 0.318 102.400 0.356
201612 0.230 102.600 0.257
201703 -0.175 103.200 -0.194
201706 0.030 103.100 0.033
201709 -0.024 104.100 -0.026
201712 0.168 104.500 0.184
201803 -0.299 105.300 -0.326
201806 0.071 104.900 0.078
201809 0.076 106.600 0.082
201812 0.060 106.500 0.065
201903 0.116 107.700 0.124
201906 0.031 107.700 0.033
201909 -0.120 109.800 -0.125
201912 0.499 111.200 0.515
202003 0.155 112.300 0.158
202006 -0.106 110.400 -0.110
202009 -0.057 111.700 -0.059
202012 -0.125 111.500 -0.129
202103 -0.275 112.662 -0.280
202106 0.310 111.769 0.318
202109 -0.600 112.215 -0.613
202112 0.019 113.108 0.019
202203 -0.191 114.335 -0.192
202206 -0.140 114.558 -0.140
202209 0.089 115.339 0.088
202212 -0.131 115.116 -0.130
202303 0.469 115.116 0.467
202306 -0.001 114.558 -0.001
202309 -0.088 115.339 -0.087
202312 -0.096 114.669 -0.096

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.


Zhewen Interactive Group Co  (SHSE:600986) 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.


Zhewen Interactive Group Co Cyclically Adjusted Price-to-FCF Related Terms

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Zhewen Interactive Group Co (SHSE:600986) Business Description

Traded in Other Exchanges
N/A
Address
Issa Wenxin Plaza, 5th Floor, Block A, Chaoyang District, Beijing, CHN, 100000
Zhewen Interactive Group Co Ltd is engaged in digital marketing, with technology and data driving traffic operations, and digging into the value of traffic. It provides corporate marketing planning, corporate image planning, exhibition and display services; design, production, agency, and advertising.

Zhewen Interactive Group Co (SHSE:600986) Headlines

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