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GEM Co (FRA:3730) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is GEM Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


GEM Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for GEM 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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GEM Co Cyclically Adjusted Price-to-FCF Chart

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

For the Waste Management subindustry, GEM 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.


GEM Co's Cyclically Adjusted Price-to-FCF Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, GEM Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



GEM 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.

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

For example, GEM 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)
=-0.551/115.2271*115.2271
=-0.551

Current CPI (Mar. 2024) = 115.2271.

GEM Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.183 98.200 -0.215
201409 -0.123 98.900 -0.143
201412 -0.161 99.000 -0.187
201503 -0.407 99.900 -0.469
201506 -0.173 99.500 -0.200
201509 -0.170 100.500 -0.195
201512 -0.028 100.600 -0.032
201603 -0.100 102.200 -0.113
201606 -0.424 101.400 -0.482
201609 -0.261 102.400 -0.294
201612 0.144 102.600 0.162
201703 -0.114 103.200 -0.127
201706 -0.086 103.100 -0.096
201709 -0.004 104.100 -0.004
201712 -0.308 104.500 -0.340
201803 -0.018 105.300 -0.020
201806 0.079 104.900 0.087
201809 -0.222 106.600 -0.240
201812 0.052 106.500 0.056
201903 -0.189 107.700 -0.202
201906 0.060 107.700 0.064
201909 -0.008 109.800 -0.008
201912 -0.045 111.200 -0.047
202003 -0.019 112.300 -0.019
202006 -0.135 110.400 -0.141
202009 -0.076 111.700 -0.078
202012 0.100 111.500 0.103
202103 -0.185 112.662 -0.189
202106 -0.168 111.769 -0.173
202109 -0.271 112.215 -0.278
202112 -0.043 113.108 -0.044
202203 -0.904 114.335 -0.911
202206 -0.144 114.558 -0.145
202209 -0.182 115.339 -0.182
202212 -0.015 115.116 -0.015
202303 -0.343 115.116 -0.343
202306 -0.029 114.558 -0.029
202309 -0.437 115.339 -0.437
202312 -0.024 114.781 -0.024
202403 -0.551 115.227 -0.551

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.


GEM Co  (FRA:3730) 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.


GEM Co Cyclically Adjusted Price-to-FCF Related Terms

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GEM Co (FRA:3730) Business Description

Industry
Traded in Other Exchanges
Address
South of Xinghua Road, 20F Block A,Marina Bay Center, Bao’an Center Area, Shenzhen, CHN, 518101
GEM Co Ltd operates in the recycling industry in China and internationally. The company offers remanufactured battery raw materials, such as nickel, cobalt, manganese, copper, aluminum, iron, and lithium from waste batteries; cathode copper plate; and gold and silver ingots, palladium sponge, and rhodium.

GEM Co (FRA:3730) Headlines

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