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Contemporary Amperex Technology Co (SZSE:300750) Cyclically Adjusted Price-to-FCF : 94.00 (As of Apr. 29, 2024)


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What is Contemporary Amperex Technology Co Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), Contemporary Amperex Technology Co's current share price is ¥209.63. Contemporary Amperex Technology Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was ¥2.23. Contemporary Amperex Technology Co's Cyclically Adjusted Price-to-FCF for today is 94.00.

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

SZSE:300750' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 65.47   Med: 71.41   Max: 89.15
Current: 89.15

During the past 10 years, Contemporary Amperex Technology Co's highest Cyclically Adjusted Price-to-FCF was 89.15. The lowest was 65.47. And the median was 71.41.

SZSE:300750's Cyclically Adjusted Price-to-FCF is ranked worse than
79.8% of 1020 companies
in the Industrial Products industry
Industry Median: 32.835 vs SZSE:300750: 89.15

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.

Contemporary Amperex Technology Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was ¥15.805. 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 ¥2.23 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Contemporary Amperex Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Contemporary Amperex Technology 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.

Contemporary Amperex Technology Co Cyclically Adjusted Price-to-FCF Chart

Contemporary Amperex Technology 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 - - - - 73.33

Contemporary Amperex Technology 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 - - - 73.33 -

Competitive Comparison of Contemporary Amperex Technology Co's Cyclically Adjusted Price-to-FCF

For the Electrical Equipment & Parts subindustry, Contemporary Amperex Technology 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.


Contemporary Amperex Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Contemporary Amperex Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Contemporary Amperex Technology Co's Cyclically Adjusted Price-to-FCF falls into.



Contemporary Amperex Technology 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.

Contemporary Amperex Technology Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=209.63/2.23
=94.00

* 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.

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

For example, Contemporary Amperex Technology 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)
=15.805/114.6694*114.6694
=15.805

Current CPI (Dec23) = 114.6694.

Contemporary Amperex Technology Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.000 99.000 0.000
201512 -0.412 100.600 -0.470
201612 -0.252 102.600 -0.282
201712 -1.361 104.500 -1.493
201812 1.261 106.500 1.358
201912 0.978 111.200 1.009
202012 1.268 111.500 1.304
202112 -0.205 113.108 -0.208
202212 3.026 115.116 3.014
202312 15.805 114.669 15.805

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.


Contemporary Amperex Technology Co  (SZSE:300750) 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.


Contemporary Amperex Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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Contemporary Amperex Technology Co (SZSE:300750) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Xingang Road, Liwan Town, Jiaocheng District, Fujian Province, Ningde City, CHN, 352100
CATL, headquartered in Ningde, Fujian Province, is a global leading Chinese battery manufacturer founded in 2011. The company specializes in the development and production of lithium-ion batteries for EVs and energy storage systems. CATL is the largest EV battery manufacturer in the world and leads the industry in innovative battery technology development for higher-energy density and safety, longer battery service life and super-fast charging. CATL is also involved in the manufacturing of cathode and other related battery materials. Through its subsidiary Brunp, it works with customers to create a closed-loop battery life cycle from production, application, to recycling.

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