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XCMG Construction Machinery Co (SZSE:000425) Cyclically Adjusted Price-to-FCF : 87.22 (As of May. 26, 2024)


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What is XCMG Construction Machinery Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), XCMG Construction Machinery Co's current share price is ¥7.85. XCMG Construction Machinery Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.09. XCMG Construction Machinery Co's Cyclically Adjusted Price-to-FCF for today is 87.22.

The historical rank and industry rank for XCMG Construction Machinery Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SZSE:000425' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 55.22   Med: 76.56   Max: 139.5
Current: 86.58

During the past years, XCMG Construction Machinery Co's highest Cyclically Adjusted Price-to-FCF was 139.50. The lowest was 55.22. And the median was 76.56.

SZSE:000425's Cyclically Adjusted Price-to-FCF is ranked worse than
86.46% of 96 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 26.405 vs SZSE:000425: 86.58

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.

XCMG Construction Machinery Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.041. 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 ¥0.09 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


XCMG Construction Machinery Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for XCMG Construction Machinery 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.

XCMG Construction Machinery Co Cyclically Adjusted Price-to-FCF Chart

XCMG Construction Machinery 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 - - - 78.88 62.21

XCMG Construction Machinery 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 72.34 101.43 91.15 62.21 70.15

Competitive Comparison of XCMG Construction Machinery Co's Cyclically Adjusted Price-to-FCF

For the Farm & Heavy Construction Machinery subindustry, XCMG Construction Machinery 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.


XCMG Construction Machinery Co's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, XCMG Construction Machinery Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where XCMG Construction Machinery Co's Cyclically Adjusted Price-to-FCF falls into.



XCMG Construction Machinery 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.

XCMG Construction Machinery Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7.85/0.09
=87.22

* 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.

XCMG Construction Machinery Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, XCMG Construction Machinery 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)
=-0.041/115.2271*115.2271
=-0.041

Current CPI (Mar. 2024) = 115.2271.

XCMG Construction Machinery Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.029 98.200 0.034
201409 -0.066 98.900 -0.077
201412 0.059 99.000 0.069
201503 -0.194 99.900 -0.224
201506 0.108 99.500 0.125
201509 -0.001 100.500 -0.001
201512 -0.023 100.600 -0.026
201603 0.006 102.200 0.007
201606 0.011 101.400 0.012
201609 0.123 102.400 0.138
201612 0.093 102.600 0.104
201703 0.078 103.200 0.087
201706 0.085 103.100 0.095
201709 0.075 104.100 0.083
201712 0.102 104.500 0.112
201803 0.073 105.300 0.080
201806 0.095 104.900 0.104
201809 -0.013 106.600 -0.014
201812 0.044 106.500 0.048
201903 -0.034 107.700 -0.036
201906 0.316 107.700 0.338
201909 -0.078 109.800 -0.082
201912 0.128 111.200 0.133
202003 -0.033 112.300 -0.034
202006 -0.029 110.400 -0.030
202009 0.008 111.700 0.008
202012 0.152 111.500 0.157
202103 0.185 112.662 0.189
202106 0.076 111.769 0.078
202109 0.107 112.215 0.110
202112 0.096 113.108 0.098
202203 -0.043 114.335 -0.043
202206 0.087 114.558 0.088
202209 -0.355 115.339 -0.355
202212 -0.225 115.116 -0.225
202303 -0.042 115.116 -0.042
202306 -0.077 114.558 -0.077
202309 -0.030 115.339 -0.030
202312 -0.053 114.781 -0.053
202403 -0.041 115.227 -0.041

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.


XCMG Construction Machinery Co  (SZSE:000425) 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.


XCMG Construction Machinery Co Cyclically Adjusted Price-to-FCF Related Terms

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XCMG Construction Machinery Co (SZSE:000425) Business Description

Traded in Other Exchanges
N/A
Address
No. 26 Mountain Road, Economic and Technological Development Zone, Jinshanqiao, Jiangsu, Xuzhou, CHN, 221004
XCMG Construction Machinery Co Ltd is engaged in tech development, manufacturing and distribution of mainframes and hydraulic pressure parts in China. Its products include hoisting machinery, shovel machinery, compaction machinery, concrete machinery, road machinery, pile construction machinery, firefighting machinery, and construction machinery spare parts. The company distributes its products within domestic market and to overseas markets.
Executives
Zhang Shou Hang Supervisors
Yang Yong Executives
Zhou Li Cheng Director
Zhang Yu Chun Director

XCMG Construction Machinery Co (SZSE:000425) Headlines

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