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CGN Power Co (SZSE:003816) Cyclically Adjusted Price-to-FCF : 14.17 (As of Apr. 30, 2024)


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What is CGN Power Co Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), CGN Power Co's current share price is ¥4.11. CGN Power Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was ¥0.29. CGN Power Co's Cyclically Adjusted Price-to-FCF for today is 14.17.

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

SZSE:003816' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.16   Med: 12.53   Max: 14.27
Current: 13.71

During the past 11 years, CGN Power Co's highest Cyclically Adjusted Price-to-FCF was 14.27. The lowest was 11.16. And the median was 12.53.

SZSE:003816's Cyclically Adjusted Price-to-FCF is ranked worse than
52.1% of 119 companies
in the Utilities - Independent Power Producers industry
Industry Median: 12.85 vs SZSE:003816: 13.71

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.

CGN Power Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was ¥0.374. 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 ¥0.29 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


CGN Power Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CGN Power 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.

CGN Power Co Cyclically Adjusted Price-to-FCF Chart

CGN Power 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 - - - 12.44 10.64

CGN Power Co Quarterly Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 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 12.44 - - 10.64 -

Competitive Comparison of CGN Power Co's Cyclically Adjusted Price-to-FCF

For the Utilities - Independent Power Producers subindustry, CGN Power 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.


CGN Power Co's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, CGN Power Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



CGN Power 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.

CGN Power Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.11/0.29
=14.17

* 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.

CGN Power Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, CGN Power Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.374/114.6694*114.6694
=0.374

Current CPI (Dec23) = 114.6694.

CGN Power Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.275 99.000 -0.319
201512 -0.216 100.600 -0.246
201612 -0.025 102.600 -0.028
201712 0.170 104.500 0.187
201812 0.259 106.500 0.279
201912 0.317 111.200 0.327
202012 0.330 111.500 0.339
202112 0.405 113.108 0.411
202212 0.387 115.116 0.385
202312 0.374 114.669 0.374

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.


CGN Power Co  (SZSE:003816) 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.


CGN Power Co Cyclically Adjusted Price-to-FCF Related Terms

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


CGN Power Co (SZSE:003816) Business Description

Traded in Other Exchanges
Address
No. 2002 Shennan Road, 18th Floor, South Tower, CGN Building, Futian District, Guangdong Province, Shenzhen, CHN, 518026
CGN Power is a major nuclear power producer in China. It operates 26 nuclear power generating units (total installed capacity of 29.4 gigawatts), with 14 units in Guangdong and the rest in Guangxi, Fujian, and Liaoning provinces as of end-2022. CGN is adding capacity of 8.4 gigawatts into its operations over the next five years. State-owned China General Nuclear Power, controls about 58.9% of CGN Power.

CGN Power Co (SZSE:003816) Headlines

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