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Zhejiang Kayo Motor Co (BJSE:834058) Cyclically Adjusted Price-to-FCF : 100.00 (As of Jun. 07, 2024)


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What is Zhejiang Kayo Motor Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), Zhejiang Kayo Motor Co's current share price is ¥19.00. Zhejiang Kayo Motor Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 was ¥0.19. Zhejiang Kayo Motor Co's Cyclically Adjusted Price-to-FCF for today is 100.00.

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

BJSE:834058' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0   Med: 0   Max: 104
Current: 91.22

During the past 10 years, Zhejiang Kayo Motor Co's highest Cyclically Adjusted Price-to-FCF was 104.00. The lowest was 0.00. And the median was 0.00.

BJSE:834058's Cyclically Adjusted Price-to-FCF is ranked worse than
84.01% of 494 companies
in the Vehicles & Parts industry
Industry Median: 21.27 vs BJSE:834058: 91.22

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.

Zhejiang Kayo Motor Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec22 was ¥0.174. 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 ¥0.19 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zhejiang Kayo Motor Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zhejiang Kayo Motor 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.

Zhejiang Kayo Motor Co Cyclically Adjusted Price-to-FCF Chart

Zhejiang Kayo Motor Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Zhejiang Kayo Motor Co Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Zhejiang Kayo Motor Co's Cyclically Adjusted Price-to-FCF

For the Recreational Vehicles subindustry, Zhejiang Kayo Motor 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.


Zhejiang Kayo Motor Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Kayo Motor Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Zhejiang Kayo Motor Co's Cyclically Adjusted Price-to-FCF falls into.



Zhejiang Kayo Motor 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.

Zhejiang Kayo Motor Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=19.00/0.19
=100.00

* 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.

Zhejiang Kayo Motor Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Zhejiang Kayo Motor Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec22 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=0.174/115.1156*115.1156
=0.174

Current CPI (Dec22) = 115.1156.

Zhejiang Kayo Motor Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -2.910 97.624 -3.431
201412 0.758 99.000 0.881
201512 1.058 100.600 1.211
201612 0.116 102.600 0.130
201712 0.687 104.500 0.757
201812 -0.128 106.500 -0.138
201912 0.518 111.200 0.536
202012 1.122 111.500 1.158
202112 0.652 113.108 0.664
202212 0.174 115.116 0.174

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.


Zhejiang Kayo Motor Co  (BJSE:834058) 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.


Zhejiang Kayo Motor Co Cyclically Adjusted Price-to-FCF Related Terms

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Zhejiang Kayo Motor Co (BJSE:834058) Business Description

Traded in Other Exchanges
N/A
Address
No. 139, Biyuan Road, Xinbi Street, Jinyun County, Zhejiang Province, Lishui City, CHN, 321400
Zhejiang Kayo Motor Co Ltd designs and creates off-road motorcycles. The company produces pit bikes, dirt bikes, and All-terrain vehicles (ATVs).

Zhejiang Kayo Motor Co (BJSE:834058) Headlines

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