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China CSSC Holdings (SHSE:600150) Cyclically Adjusted Price-to-FCF : 106.89 (As of Jun. 10, 2024)


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What is China CSSC Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), China CSSC Holdings's current share price is ¥38.48. China CSSC Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.36. China CSSC Holdings's Cyclically Adjusted Price-to-FCF for today is 106.89.

The historical rank and industry rank for China CSSC Holdings's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:600150' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.94   Med: 64.63   Max: 253.15
Current: 107.02

During the past years, China CSSC Holdings's highest Cyclically Adjusted Price-to-FCF was 253.15. The lowest was 13.94. And the median was 64.63.

SHSE:600150's Cyclically Adjusted Price-to-FCF is ranked worse than
78.5% of 107 companies
in the Aerospace & Defense industry
Industry Median: 35.45 vs SHSE:600150: 107.02

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.

China CSSC Holdings's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.775. 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 ¥0.36 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China CSSC Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China CSSC Holdings'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.

China CSSC Holdings Cyclically Adjusted Price-to-FCF Chart

China CSSC Holdings 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 - - - - 63.23

China CSSC Holdings 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 - 247.22 83.69 63.23 102.90

Competitive Comparison of China CSSC Holdings's Cyclically Adjusted Price-to-FCF

For the Aerospace & Defense subindustry, China CSSC Holdings'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.


China CSSC Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, China CSSC Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China CSSC Holdings's Cyclically Adjusted Price-to-FCF falls into.



China CSSC Holdings 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.

China CSSC Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=38.48/0.36
=106.89

* 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.

China CSSC Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, China CSSC Holdings'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)
=-0.775/115.2271*115.2271
=-0.775

Current CPI (Mar. 2024) = 115.2271.

China CSSC Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.695 98.200 0.816
201409 -1.042 98.900 -1.214
201412 -0.798 99.000 -0.929
201503 -0.709 99.900 -0.818
201506 -2.296 99.500 -2.659
201509 -0.803 100.500 -0.921
201512 0.045 100.600 0.052
201603 -1.426 102.200 -1.608
201606 -0.585 101.400 -0.665
201609 -0.702 102.400 -0.790
201612 -0.260 102.600 -0.292
201703 -0.306 103.200 -0.342
201706 -0.266 103.100 -0.297
201709 0.447 104.100 0.495
201712 5.741 104.500 6.330
201803 0.013 105.300 0.014
201806 0.699 104.900 0.768
201809 -0.385 106.600 -0.416
201812 1.024 106.500 1.108
201903 0.329 107.700 0.352
201906 -0.788 107.700 -0.843
201909 -0.557 109.800 -0.585
201912 4.022 111.200 4.168
202003 -1.671 112.300 -1.715
202006 -0.706 110.400 -0.737
202009 0.550 111.700 0.567
202012 0.863 111.500 0.892
202103 0.102 112.662 0.104
202106 -0.422 111.769 -0.435
202109 -0.326 112.215 -0.335
202112 1.016 113.108 1.035
202203 -0.561 114.335 -0.565
202206 0.058 114.558 0.058
202209 -0.713 115.339 -0.712
202212 1.016 115.116 1.017
202303 -0.802 115.116 -0.803
202306 1.588 114.558 1.597
202309 1.165 115.339 1.164
202312 1.507 114.781 1.513
202403 -0.775 115.227 -0.775

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.


China CSSC Holdings  (SHSE:600150) 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.


China CSSC Holdings Cyclically Adjusted Price-to-FCF Related Terms

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China CSSC Holdings (SHSE:600150) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Pudong Avenue, Pudong New Area, 15A, China Shipbuilding Building, Shanghai, CHN, 200120
China CSSC Holdings Ltd is a China-based company engaged in the business activities of shipbuilding and ship repair. Its main products are a Capesize bulk carrier, Floating production storage and offloading, Aframax tanker and others. In addition, the company is also involved in the business activities of the core package, ocean engineering and other.

China CSSC Holdings (SHSE:600150) Headlines

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