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Triangle Tyre Co (SHSE:601163) Price-to-Free-Cash-Flow : 7.73 (As of May. 01, 2024)


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What is Triangle Tyre Co Price-to-Free-Cash-Flow?

As of today (2024-05-01), Triangle Tyre Co's share price is ¥17.19. Triangle Tyre Co's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Sep. 2023 was ¥2.23. Hence, Triangle Tyre Co's Price-to-Free-Cash-Flow Ratio for today is 7.73.

The historical rank and industry rank for Triangle Tyre Co's Price-to-Free-Cash-Flow or its related term are showing as below:

SHSE:601163' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 6.08   Med: 11.12   Max: 76.69
Current: 7.73

During the past 13 years, Triangle Tyre Co's highest Price-to-Free-Cash-Flow Ratio was 76.69. The lowest was 6.08. And the median was 11.12.

SHSE:601163's Price-to-Free-Cash-Flow is ranked better than
68.43% of 773 companies
in the Vehicles & Parts industry
Industry Median: 13.44 vs SHSE:601163: 7.73

Triangle Tyre Co's Free Cash Flow per Share for the three months ended in Sep. 2023 was ¥0.39. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was ¥2.23.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Triangle Tyre Co was 36.30% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 4.80% per year.

During the past 13 years, Triangle Tyre Co's highest 3-Year average Free Cash Flow per Share Growth Rate was 75.70% per year. The lowest was -72.70% per year. And the median was -3.60% per year.


Triangle Tyre Co Price-to-Free-Cash-Flow Historical Data

The historical data trend for Triangle Tyre Co's Price-to-Free-Cash-Flow 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.

Triangle Tyre Co Price-to-Free-Cash-Flow Chart

Triangle Tyre Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 10.02 10.05 30.33 6.95

Triangle Tyre Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Price-to-Free-Cash-Flow 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 6.53 6.95 7.62 6.82 6.80

Competitive Comparison of Triangle Tyre Co's Price-to-Free-Cash-Flow

For the Auto Parts subindustry, Triangle Tyre Co's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.


Triangle Tyre Co's Price-to-Free-Cash-Flow Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Triangle Tyre Co's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Triangle Tyre Co's Price-to-Free-Cash-Flow falls into.



Triangle Tyre Co Price-to-Free-Cash-Flow Calculation

Triangle Tyre Co's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=17.19/2.225
=7.73

Triangle Tyre Co's Share Price of today is ¥17.19.
Triangle Tyre Co's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥2.23.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Triangle Tyre Co  (SHSE:601163) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Triangle Tyre Co Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Triangle Tyre Co's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Triangle Tyre Co (SHSE:601163) Business Description

Traded in Other Exchanges
N/A
Address
56 Middle Qingdao Road, Shandong Province, Weihai, CHN, 264200
Triangle Tyre Co Ltd is a tire manufacturing company. Its range of products covers commercial tires, passenger tires, bias OTR tires, radial OTR tires, jumbo OTR tires and others. It holds enormous foreign and Chinese patent portfolio and plays the key role in setting national and professional tire industry standards. Further, it has built a global partnership with various brands such as Caterpillar, Terex, Doosan, Hyundai and Volvo and others. Geographically, its presence is seen in both Chinese and international market.

Triangle Tyre Co (SHSE:601163) Headlines

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