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Shanghai Aiko Solar Energy Co (SHSE:600732) Cyclically Adjusted Price-to-FCF : (As of Jun. 03, 2024)


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What is Shanghai Aiko Solar Energy Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Aiko Solar Energy Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shanghai Aiko Solar Energy 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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Shanghai Aiko Solar Energy Co Cyclically Adjusted Price-to-FCF Chart

Shanghai Aiko Solar Energy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Shanghai Aiko Solar Energy 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 Shanghai Aiko Solar Energy Co's Cyclically Adjusted Price-to-FCF

For the Solar subindustry, Shanghai Aiko Solar Energy 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.


Shanghai Aiko Solar Energy Co's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Shanghai Aiko Solar Energy Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shanghai Aiko Solar Energy Co's Cyclically Adjusted Price-to-FCF falls into.



Shanghai Aiko Solar Energy 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.

Shanghai Aiko Solar Energy Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shanghai Aiko Solar Energy 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)
=-1.588/115.2271*115.2271
=-1.588

Current CPI (Mar. 2024) = 115.2271.

Shanghai Aiko Solar Energy Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.012 98.200 -0.014
201409 -0.010 98.900 -0.012
201412 -0.074 99.000 -0.086
201503 -0.031 99.900 -0.036
201506 0.044 99.500 0.051
201509 -0.039 100.500 -0.045
201512 0.092 100.600 0.105
201603 0.013 102.200 0.015
201606 0.074 101.400 0.084
201609 -0.057 102.400 -0.064
201612 0.211 102.600 0.237
201703 -0.007 103.200 -0.008
201706 0.000 103.100 0.000
201709 -0.042 104.100 -0.046
201712 -0.009 104.500 -0.010
201803 -0.004 105.300 -0.004
201806 0.009 104.900 0.010
201809 -0.005 106.600 -0.005
201812 0.093 106.500 0.101
201903 -0.016 107.700 -0.017
201906 -0.197 107.700 -0.211
201909 -0.126 109.800 -0.132
201912 -0.248 111.200 -0.257
202003 -0.025 112.300 -0.026
202006 0.104 110.400 0.109
202009 -0.547 111.700 -0.564
202012 -0.309 111.500 -0.319
202103 -0.386 112.662 -0.395
202106 0.243 111.769 0.251
202109 -0.167 112.215 -0.171
202112 0.104 113.108 0.106
202203 -0.010 114.335 -0.010
202206 0.476 114.558 0.479
202209 -0.229 115.339 -0.229
202212 0.323 115.116 0.323
202303 -0.704 115.116 -0.705
202306 0.510 114.558 0.513
202309 -0.971 115.339 -0.970
202312 -1.242 114.781 -1.247
202403 -1.588 115.227 -1.588

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.


Shanghai Aiko Solar Energy Co  (SHSE:600732) 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.


Shanghai Aiko Solar Energy Co Cyclically Adjusted Price-to-FCF Related Terms

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Shanghai Aiko Solar Energy Co (SHSE:600732) Business Description

Traded in Other Exchanges
N/A
Address
No. 26, Qiuyue Road, Room 201-1, Building 4, Pudong New District, Shanghai, CHN, 200070
Shanghai Aiko Solar Energy Co Ltd is engaged in research, manufacturing and sales of crystalline silicon solar cells. The company's products include 156.75 PERC Cell, 158.75 PERC cell, and 166 PERC cell.
Executives
He Da Neng senior management
Shen Yu Director
Liang Qi Jie Director
Lu Hao Jie Director
Zou Xi Hui senior management
Chen Gang Director

Shanghai Aiko Solar Energy Co (SHSE:600732) Headlines

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