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Chengtun Mining Group Co (SHSE:600711) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is Chengtun Mining Group Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Chengtun Mining Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Chengtun Mining Group 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.

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Chengtun Mining Group Co Cyclically Adjusted Price-to-FCF Chart

Chengtun Mining Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Chengtun Mining Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Chengtun Mining Group Co's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Chengtun Mining Group 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.


Chengtun Mining Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Chengtun Mining Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Chengtun Mining Group Co's Cyclically Adjusted Price-to-FCF falls into.



Chengtun Mining Group 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.

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

For example, Chengtun Mining Group 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)
=0.207/115.2271*115.2271
=0.207

Current CPI (Mar. 2024) = 115.2271.

Chengtun Mining Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.073 98.200 -0.086
201409 -0.129 98.900 -0.150
201412 -0.087 99.000 -0.101
201503 -0.221 99.900 -0.255
201506 -0.155 99.500 -0.179
201509 -0.057 100.500 -0.065
201512 -0.248 100.600 -0.284
201603 -0.037 102.200 -0.042
201606 0.004 101.400 0.005
201609 -0.130 102.400 -0.146
201612 0.187 102.600 0.210
201703 0.022 103.200 0.025
201706 0.022 103.100 0.025
201709 0.064 104.100 0.071
201712 0.267 104.500 0.294
201803 -1.019 105.300 -1.115
201806 0.574 104.900 0.631
201809 0.201 106.600 0.217
201812 0.279 106.500 0.302
201903 -0.173 107.700 -0.185
201906 0.069 107.700 0.074
201909 0.152 109.800 0.160
201912 -0.016 111.200 -0.017
202003 -0.555 112.300 -0.569
202006 -0.163 110.400 -0.170
202009 0.271 111.700 0.280
202012 0.199 111.500 0.206
202103 0.243 112.662 0.249
202106 0.058 111.769 0.060
202109 -0.242 112.215 -0.248
202112 0.008 113.108 0.008
202203 0.302 114.335 0.304
202206 0.050 114.558 0.050
202209 -0.556 115.339 -0.555
202212 -0.244 115.116 -0.244
202303 -0.161 115.116 -0.161
202306 0.214 114.558 0.215
202309 -0.289 115.339 -0.289
202312 -0.653 114.781 -0.656
202403 0.207 115.227 0.207

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.


Chengtun Mining Group Co  (SHSE:600711) 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.


Chengtun Mining Group Co Cyclically Adjusted Price-to-FCF Related Terms

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Chengtun Mining Group Co (SHSE:600711) Business Description

Traded in Other Exchanges
N/A
Address
Hubin North Road, Zhongmin Building 9F, Unit 2, Xiamen, Fujian, CHN, 361012
Chengtun Mining Group Co Ltd conducts metal mining and operation businesses. It provides non-ferrous metal mining, minerals trading, and metal financial services. The company provides services for worldwide customers.
Executives
Zou Ya Peng senior management
Chen Dong Director
Zhou Xian Jin Director
Jin Xin senior management
Xiong Bo senior management
Zhang Zhen Peng Director
Weng Xiong Director

Chengtun Mining Group Co (SHSE:600711) Headlines

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