GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Muyuan Foods Co Ltd (SZSE:002714) » Definitions » Cyclically Adjusted Price-to-FCF

Muyuan Foods Co (SZSE:002714) Cyclically Adjusted Price-to-FCF : (As of May. 15, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Muyuan Foods Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Muyuan Foods Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Muyuan Foods 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.

Muyuan Foods Co Cyclically Adjusted Price-to-FCF Chart

Muyuan Foods 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 - - - - -

Muyuan Foods 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 - - - - -

Competitive Comparison of Muyuan Foods Co's Cyclically Adjusted Price-to-FCF

For the Farm Products subindustry, Muyuan Foods 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.


Muyuan Foods Co's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Muyuan Foods Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Muyuan Foods Co's Cyclically Adjusted Price-to-FCF falls into.



Muyuan Foods 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.

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

For example, Muyuan Foods 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)
=0.047/114.6694*114.6694
=0.047

Current CPI (Mar. 2024) = 114.6694.

Muyuan Foods Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.060 98.200 -0.070
201409 -0.014 98.900 -0.016
201412 0.009 99.000 0.010
201503 -0.122 99.900 -0.140
201506 -0.078 99.500 -0.090
201509 -0.050 100.500 -0.057
201512 -0.015 100.600 -0.017
201603 -0.168 102.200 -0.188
201606 -0.091 101.400 -0.103
201609 -0.138 102.400 -0.155
201612 -0.304 102.600 -0.340
201703 -0.258 103.200 -0.287
201706 -0.057 103.100 -0.063
201709 -0.191 104.100 -0.210
201712 -0.349 104.500 -0.383
201803 -0.451 105.300 -0.491
201806 -0.153 104.900 -0.167
201809 0.022 106.600 0.024
201812 -0.136 106.500 -0.146
201903 -0.342 107.700 -0.364
201906 -0.037 107.700 -0.039
201909 0.156 109.800 0.163
201912 -0.351 111.200 -0.362
202003 -0.650 112.300 -0.664
202006 -0.677 110.400 -0.703
202009 -1.101 111.700 -1.130
202012 -1.976 111.500 -2.032
202103 -1.874 112.662 -1.907
202106 0.115 111.769 0.118
202109 -1.104 112.215 -1.128
202112 -0.792 113.108 -0.803
202203 -1.141 114.335 -1.144
202206 -0.347 114.558 -0.347
202209 1.159 115.339 1.152
202212 1.501 115.116 1.495
202303 -1.453 115.116 -1.447
202306 -0.512 114.558 -0.512
202309 0.619 115.339 0.615
202312 0.006 114.669 0.006
202403 0.047 114.669 0.047

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.


Muyuan Foods Co  (SZSE:002714) 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.


Muyuan Foods Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Muyuan Foods Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Muyuan Foods Co (SZSE:002714) Business Description

Traded in Other Exchanges
N/A
Address
Longsheng Industrial Park, Wolong District, Nanyang, CHN, 473000
Muyuan Foods is the largest hog producer in China and operates an integrated model, stretching from feed processing, swine medicine development, and sow breeding, to hog raising and slaughtering. The company derives over 80% of its sales from hog production and has increased its exposure to hog processing in recent years. In recent years, feed processing has also taken up a mid-single-digit percentage of sales. Muyuan's hog output has increased 46 times between 2013 and 2022.

Muyuan Foods Co (SZSE:002714) Headlines

No Headlines