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Shougang Fushan Resources Group (FRA:FU7) Cyclically Adjusted Price-to-FCF : 13.93 (As of Jun. 01, 2024)


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What is Shougang Fushan Resources Group Cyclically Adjusted Price-to-FCF?

As of today (2024-06-01), Shougang Fushan Resources Group's current share price is €0.418. Shougang Fushan Resources Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was €0.03. Shougang Fushan Resources Group's Cyclically Adjusted Price-to-FCF for today is 13.93.

The historical rank and industry rank for Shougang Fushan Resources Group's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:FU7' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.05   Med: 8   Max: 16.39
Current: 11.12

During the past 13 years, Shougang Fushan Resources Group's highest Cyclically Adjusted Price-to-FCF was 16.39. The lowest was 4.05. And the median was 8.00.

FRA:FU7's Cyclically Adjusted Price-to-FCF is ranked better than
58.94% of 263 companies
in the Steel industry
Industry Median: 13.43 vs FRA:FU7: 11.12

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.

Shougang Fushan Resources Group's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was €0.094. 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 €0.03 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shougang Fushan Resources Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shougang Fushan Resources Group'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.

Shougang Fushan Resources Group Cyclically Adjusted Price-to-FCF Chart

Shougang Fushan Resources Group 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 6.66 8.21 11.59 9.60 9.39

Shougang Fushan Resources Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 11.59 - 9.60 - 9.39

Competitive Comparison of Shougang Fushan Resources Group's Cyclically Adjusted Price-to-FCF

For the Coking Coal subindustry, Shougang Fushan Resources Group'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.


Shougang Fushan Resources Group's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Shougang Fushan Resources Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shougang Fushan Resources Group's Cyclically Adjusted Price-to-FCF falls into.



Shougang Fushan Resources Group 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.

Shougang Fushan Resources Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.418/0.03
=13.93

* 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.

Shougang Fushan Resources Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Shougang Fushan Resources Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.094/117.2957*117.2957
=0.094

Current CPI (Dec23) = 117.2957.

Shougang Fushan Resources Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.002 99.707 0.002
201512 0.013 102.015 0.015
201612 0.000 103.225 0.000
201712 0.022 104.984 0.025
201812 0.015 107.622 0.016
201912 0.028 110.700 0.030
202012 0.007 109.711 0.007
202112 0.076 112.349 0.079
202212 0.083 114.548 0.085
202312 0.094 117.296 0.094

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.


Shougang Fushan Resources Group  (FRA:FU7) 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.


Shougang Fushan Resources Group Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Shougang Fushan Resources Group's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Shougang Fushan Resources Group (FRA:FU7) Business Description

Traded in Other Exchanges
Address
56 Gloucester Road, 6th Floor, Bank of East Asia Harbour View Centre, Wanchai, Hong Kong, HKG
Shougang Fushan Resources Group Ltd is engaged in coking coal mining, production and sales of coking coal products in the PRC. It derives revenue from the sale of clean coking coal and raw coking coal. The group has three operating coking coal mines and three coal preparation plants. The group has a business presence in the PRC and Hong Kong.

Shougang Fushan Resources Group (FRA:FU7) Headlines

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