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LONGi Green Energy Technology Co (SHSE:601012) Cyclically Adjusted Price-to-FCF : 55.80 (As of Jun. 09, 2024)


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What is LONGi Green Energy Technology Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), LONGi Green Energy Technology Co's current share price is ¥16.74. LONGi Green Energy Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.30. LONGi Green Energy Technology Co's Cyclically Adjusted Price-to-FCF for today is 55.80.

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

SHSE:601012' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 50.44   Med: 126.38   Max: 6223.47
Current: 56.2

During the past years, LONGi Green Energy Technology Co's highest Cyclically Adjusted Price-to-FCF was 6223.47. The lowest was 50.44. And the median was 126.38.

SHSE:601012's Cyclically Adjusted Price-to-FCF is ranked worse than
62.9% of 345 companies
in the Semiconductors industry
Industry Median: 40.14 vs SHSE:601012: 56.20

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.

LONGi Green Energy Technology Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.776. 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 ¥0.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


LONGi Green Energy Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for LONGi Green Energy 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.

LONGi Green Energy Technology Co Cyclically Adjusted Price-to-FCF Chart

LONGi Green Energy 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 - 6,193.94 493.33 109.47 61.34

LONGi Green Energy 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 127.48 76.31 66.88 61.34 65.50

Competitive Comparison of LONGi Green Energy Technology Co's Cyclically Adjusted Price-to-FCF

For the Semiconductor Equipment & Materials subindustry, LONGi Green Energy 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.


LONGi Green Energy Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



LONGi Green Energy 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.

LONGi Green Energy 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
=16.74/0.3
=55.80

* 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.

LONGi Green Energy Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, LONGi Green Energy Technology 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)
=-0.776/115.2271*115.2271
=-0.776

Current CPI (Mar. 2024) = 115.2271.

LONGi Green Energy Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.006 98.200 -0.007
201409 -0.026 98.900 -0.030
201412 0.011 99.000 0.013
201503 -0.041 99.900 -0.047
201506 -0.039 99.500 -0.045
201509 -0.099 100.500 -0.114
201512 0.082 100.600 0.094
201603 -0.084 102.200 -0.095
201606 -0.034 101.400 -0.039
201609 -0.131 102.400 -0.147
201612 -0.003 102.600 -0.003
201703 -0.215 103.200 -0.240
201706 -0.144 103.100 -0.161
201709 -0.010 104.100 -0.011
201712 -0.022 104.500 -0.024
201803 -0.218 105.300 -0.239
201806 -0.011 104.900 -0.012
201809 -0.150 106.600 -0.162
201812 -0.007 106.500 -0.008
201903 0.063 107.700 0.067
201906 0.172 107.700 0.184
201909 0.165 109.800 0.173
201912 0.361 111.200 0.374
202003 -0.191 112.300 -0.196
202006 -0.025 110.400 -0.026
202009 0.618 111.700 0.638
202012 0.426 111.500 0.440
202103 -0.365 112.662 -0.373
202106 0.164 111.769 0.169
202109 0.377 112.215 0.387
202112 0.806 113.108 0.821
202203 -0.180 114.335 -0.181
202206 1.309 114.558 1.317
202209 1.096 115.339 1.095
202212 0.309 115.116 0.309
202303 -0.705 115.116 -0.706
202306 0.641 114.558 0.645
202309 0.271 115.339 0.271
202312 -0.374 114.781 -0.375
202403 -0.776 115.227 -0.776

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.


LONGi Green Energy Technology Co  (SHSE:601012) 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.


LONGi Green Energy Technology Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of LONGi Green Energy Technology Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


LONGi Green Energy Technology Co (SHSE:601012) Business Description

Traded in Other Exchanges
N/A
Address
Innovation Incubation Center Block B, Shangji Road 8989 Xi'an Service Outsourcing Industrial Park, Xi'an Economic and Technological Development Zone, Xian, CHN, 710018
LONGi Green Energy Technology is the largest integrated solar company in the world. It produced 85.9 gigawatts of solar silicon wafers and 48.2 GW of solar modules in 2022, both the most globally. Solar silicon wafer and solar module contributed 30% and 66% of revenue in 2022, respectively. LONGi's production bases are mostly in China. LONGi's products are sold in more than 150 countries and regions.
Executives
Zhong Bao Shen Director
Tian Ye Director
Liu Xue Wen Director
Bai Zhong Xue Director
Liu Xiao Dong senior management
Li Zhen Guo Director
Qin Yong Bo Supervisors
Xu Da Peng Director
Zou Zong Hai Director
Li Chun An Director
Wang Xiao Zhe senior management
Huang Li Xin senior management
Dai Su Supervisors
Hu Zhong Xiang Director
Zhang Yi Tao senior management

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