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Chinanjiang Fine Chemicals Co (STU:8C9) Cyclically Adjusted Price-to-FCF : (As of Apr. 28, 2024)


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What is Chinanjiang Fine Chemicals Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Chinanjiang Fine Chemicals Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Chinanjiang Fine Chemicals 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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Chinanjiang Fine Chemicals Co Cyclically Adjusted Price-to-FCF Chart

Chinanjiang Fine Chemicals Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Chinanjiang Fine Chemicals Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Chinanjiang Fine Chemicals Co's Cyclically Adjusted Price-to-FCF

For the Chemicals subindustry, Chinanjiang Fine Chemicals 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.


Chinanjiang Fine Chemicals Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chinanjiang Fine Chemicals Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Chinanjiang Fine Chemicals Co's Cyclically Adjusted Price-to-FCF falls into.



Chinanjiang Fine Chemicals 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.

Chinanjiang Fine Chemicals Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Chinanjiang Fine Chemicals Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec22 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=-0.406/115.1156*115.1156
=-0.406

Current CPI (Dec22) = 115.1156.

Chinanjiang Fine Chemicals Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.055 97.624 -0.065
201412 -0.275 99.000 -0.320
201512 -0.162 100.600 -0.185
201612 0.134 102.600 0.150
201712 0.060 104.500 0.066
201812 0.046 106.500 0.050
201912 0.099 111.200 0.102
202012 -0.023 111.500 -0.024
202112 -0.122 113.108 -0.124
202212 -0.406 115.116 -0.406

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.


Chinanjiang Fine Chemicals Co  (STU:8C9) 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.


Chinanjiang Fine Chemicals Co Cyclically Adjusted Price-to-FCF Related Terms

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Chinanjiang Fine Chemicals Co (STU:8C9) Business Description

Traded in Other Exchanges
Address
Pinghai Road, Jiaxing Port Area, Zhejiang Province, Jiaxing, CHN
China Sanjiang Fine Chemicals Co Ltd manufactures and supplies chemicals in China. The company's products portfolio includes ethylene oxide, ethylene glycol, propylene, polypropylene, methyl tert-butyl ether and surfactants and provides surfactants processing service. Besides, it also produces and distributes C4, crude pentene and industrial gasses, such as oxygen, nitrogen, and argon.

Chinanjiang Fine Chemicals Co (STU:8C9) Headlines

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