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Pangang Group Vanadium & Titanium Resources Co (SZSE:000629) Cyclically Adjusted FCF per Share : ¥0.04 (As of Mar. 2024)


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What is Pangang Group Vanadium & Titanium Resources Co Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Pangang Group Vanadium & Titanium Resources Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.016. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is ¥0.04 for the trailing ten years ended in Mar. 2024.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Pangang Group Vanadium & Titanium Resources Co was 41.50% per year. The lowest was -20.60% per year. And the median was 11.00% per year.

As of today (2024-05-26), Pangang Group Vanadium & Titanium Resources Co's current stock price is ¥2.99. Pangang Group Vanadium & Titanium Resources Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.04. Pangang Group Vanadium & Titanium Resources Co's Cyclically Adjusted Price-to-FCF of today is 74.75.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Pangang Group Vanadium & Titanium Resources Co was 748.00. The lowest was 52.57. And the median was 110.13.


Pangang Group Vanadium & Titanium Resources Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Pangang Group Vanadium & Titanium Resources Co's Cyclically Adjusted FCF per Share 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.

Pangang Group Vanadium & Titanium Resources Co Cyclically Adjusted FCF per Share Chart

Pangang Group Vanadium & Titanium Resources Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 - -0.01 0.02 0.04

Pangang Group Vanadium & Titanium Resources 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 FCF per Share 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 0.04 0.07 0.05 0.04 0.04

Competitive Comparison of Pangang Group Vanadium & Titanium Resources Co's Cyclically Adjusted FCF per Share

For the Other Industrial Metals & Mining subindustry, Pangang Group Vanadium & Titanium Resources 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.


Pangang Group Vanadium & Titanium Resources Co's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Pangang Group Vanadium & Titanium Resources Co's Cyclically Adjusted Price-to-FCF falls into.



Pangang Group Vanadium & Titanium Resources Co Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Pangang Group Vanadium & Titanium Resources 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)
=-0.016/115.2271*115.2271
=-0.016

Current CPI (Mar. 2024) = 115.2271.

Pangang Group Vanadium & Titanium Resources Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.163 98.200 -0.191
201409 -0.088 98.900 -0.103
201412 0.064 99.000 0.074
201503 -0.018 99.900 -0.021
201506 -0.133 99.500 -0.154
201509 0.031 100.500 0.036
201512 -0.128 100.600 -0.147
201603 0.051 102.200 0.058
201606 0.005 101.400 0.006
201609 -0.067 102.400 -0.075
201612 -0.088 102.600 -0.099
201703 -0.045 103.200 -0.050
201706 0.027 103.100 0.030
201709 -0.024 104.100 -0.027
201712 -0.023 104.500 -0.025
201803 0.016 105.300 0.018
201806 0.041 104.900 0.045
201809 0.088 106.600 0.095
201812 0.048 106.500 0.052
201903 0.060 107.700 0.064
201906 0.086 107.700 0.092
201909 0.082 109.800 0.086
201912 0.148 111.200 0.153
202003 0.000 112.300 0.000
202006 0.030 110.400 0.031
202009 0.059 111.700 0.061
202012 -0.011 111.500 -0.011
202103 0.018 112.662 0.018
202106 -0.006 111.769 -0.006
202109 0.034 112.215 0.035
202112 0.158 113.108 0.161
202203 0.051 114.335 0.051
202206 0.037 114.558 0.037
202209 0.045 115.339 0.045
202212 0.078 115.116 0.078
202303 -0.025 115.116 -0.025
202306 -0.012 114.558 -0.012
202309 0.040 115.339 0.040
202312 -0.032 114.781 -0.032
202403 -0.016 115.227 -0.016

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Pangang Group Vanadium & Titanium Resources Co  (SZSE:000629) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Pangang Group Vanadium & Titanium Resources Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.99/0.04
=74.75

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Pangang Group Vanadium & Titanium Resources Co was 748.00. The lowest was 52.57. And the median was 110.13.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Pangang Group Vanadium & Titanium Resources Co Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Pangang Group Vanadium & Titanium Resources Co's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Pangang Group Vanadium & Titanium Resources Co (SZSE:000629) Business Description

Traded in Other Exchanges
N/A
Address
West Section of Gangcheng Avenue, Panzhihua Culture Square, No. 21, East District, Sichuan Province, Panzhihua, CHN, 617067
Pangang Group Vanadium Titanium & Resources Co Ltd is engaged in manufacturing and distributing vanadium pentoxide, vanadium iron, high-vanadium iron, vanadium trioxide, vanadium nitrogen alloy, titanium dioxide, and titanium dioxide. The company products are used in steel, chemical, military, electronics, and other industries.
Executives
Zhang Yu Dong Supervisors
Xie Zheng Min Executives
Liu Jie Director
Zheng Yong Xiong Supervisors
Du Si Hong Executives
Zhang Da De Director
Wang Zhang Min Executives
Zhang Zhi Jie Supervisors
Sun Ren Xiao Director
Tian Ye Director
Liu Jun Executives
Xue Pei Hua Executives
Xue Shi Cheng Director
Jiao Jing Min Executives
Liu Xin Hui Supervisors

Pangang Group Vanadium & Titanium Resources Co (SZSE:000629) Headlines

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