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Jiangsu Huachang Chemical Co (SZSE:002274) Cyclically Adjusted Price-to-FCF : 29.43 (As of May. 01, 2024)


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What is Jiangsu Huachang Chemical Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-01), Jiangsu Huachang Chemical Co's current share price is ¥8.24. Jiangsu Huachang Chemical Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.28. Jiangsu Huachang Chemical Co's Cyclically Adjusted Price-to-FCF for today is 29.43.

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

SZSE:002274' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 26.15   Med: 49.75   Max: 1140
Current: 29.26

During the past years, Jiangsu Huachang Chemical Co's highest Cyclically Adjusted Price-to-FCF was 1140.00. The lowest was 26.15. And the median was 49.75.

SZSE:002274's Cyclically Adjusted Price-to-FCF is ranked worse than
68.82% of 93 companies
in the Agriculture industry
Industry Median: 19.09 vs SZSE:002274: 29.26

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.

Jiangsu Huachang Chemical Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.061. 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 ¥0.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Huachang Chemical Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Jiangsu Huachang Chemical 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.

Jiangsu Huachang Chemical Co Cyclically Adjusted Price-to-FCF Chart

Jiangsu Huachang Chemical 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 - - - 56.87 28.63

Jiangsu Huachang Chemical Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 50.94 44.46 33.21 28.63 27.59

Competitive Comparison of Jiangsu Huachang Chemical Co's Cyclically Adjusted Price-to-FCF

For the Agricultural Inputs subindustry, Jiangsu Huachang Chemical 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.


Jiangsu Huachang Chemical Co's Cyclically Adjusted Price-to-FCF Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Jiangsu Huachang Chemical Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Jiangsu Huachang Chemical Co's Cyclically Adjusted Price-to-FCF falls into.



Jiangsu Huachang Chemical 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.

Jiangsu Huachang Chemical Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=8.24/0.28
=29.43

* 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.

Jiangsu Huachang Chemical Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Jiangsu Huachang Chemical Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.061/114.6694*114.6694
=-0.061

Current CPI (Mar. 2024) = 114.6694.

Jiangsu Huachang Chemical Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.240 98.200 -0.280
201409 -0.287 98.900 -0.333
201412 -0.291 99.000 -0.337
201503 -0.126 99.900 -0.145
201506 -0.006 99.500 -0.007
201509 0.060 100.500 0.068
201512 -0.217 100.600 -0.247
201603 -0.171 102.200 -0.192
201606 0.048 101.400 0.054
201609 0.027 102.400 0.030
201612 0.042 102.600 0.047
201703 -0.128 103.200 -0.142
201706 -0.007 103.100 -0.008
201709 -0.066 104.100 -0.073
201712 0.024 104.500 0.026
201803 -0.158 105.300 -0.172
201806 0.253 104.900 0.277
201809 -0.113 106.600 -0.122
201812 0.034 106.500 0.037
201903 0.001 107.700 0.001
201906 0.205 107.700 0.218
201909 0.042 109.800 0.044
201912 0.061 111.200 0.063
202003 -0.096 112.300 -0.098
202006 0.206 110.400 0.214
202009 0.055 111.700 0.056
202012 0.306 111.500 0.315
202103 0.439 112.662 0.447
202106 0.704 111.769 0.722
202109 0.390 112.215 0.399
202112 0.153 113.108 0.155
202203 0.348 114.335 0.349
202206 0.206 114.558 0.206
202209 0.263 115.339 0.261
202212 0.414 115.116 0.412
202303 -0.013 115.116 -0.013
202306 0.090 114.558 0.090
202309 0.248 115.339 0.247
202312 0.306 114.669 0.306
202403 -0.061 114.669 -0.061

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.


Jiangsu Huachang Chemical Co  (SZSE:002274) 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.


Jiangsu Huachang Chemical Co Cyclically Adjusted Price-to-FCF Related Terms

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Jiangsu Huachang Chemical Co (SZSE:002274) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Nanhai Road, Yangzi River International Chemical Industrial Park, Jingang Town Duty-Free Zone, Jiangsu Province, Zhangjiagang, CHN, 215634
Jiangsu Huachang Chemical Co Ltd is a China based manufacturer and distributor of chemical fertilizers, pure soda and fine chemical products. Its product portfolio includes agrochemicals like synthetic ammonia, Urea ammonium chloride, mixed fertilizer; basic chemicals like sodium carbonate; and fine chemicals and biochemical products like polypeptide, ethylene imine, refined methanol, sodium borohydride and amino acid series, and other products.

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