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Puxing Energy (HKSE:00090) Cyclically Adjusted Price-to-FCF : 1.60 (As of Jun. 09, 2024)


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What is Puxing Energy Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Puxing Energy's current share price is HK$0.385. Puxing Energy's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was HK$0.24. Puxing Energy's Cyclically Adjusted Price-to-FCF for today is 1.60.

The historical rank and industry rank for Puxing Energy's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

HKSE:00090' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.46   Med: 3.5   Max: 10.25
Current: 1.62

During the past 13 years, Puxing Energy's highest Cyclically Adjusted Price-to-FCF was 10.25. The lowest was 1.46. And the median was 3.50.

HKSE:00090's Cyclically Adjusted Price-to-FCF is ranked better than
92.62% of 122 companies
in the Utilities - Independent Power Producers industry
Industry Median: 15.23 vs HKSE:00090: 1.62

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.

Puxing Energy's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was HK$0.398. 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 HK$0.24 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Puxing Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Puxing Energy'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.

Puxing Energy Cyclically Adjusted Price-to-FCF Chart

Puxing Energy 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 - - 9.80 3.59 1.56

Puxing Energy 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 9.80 - 3.59 - 1.56

Competitive Comparison of Puxing Energy's Cyclically Adjusted Price-to-FCF

For the Utilities - Renewable subindustry, Puxing Energy'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.


Puxing Energy's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Puxing Energy's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Puxing Energy 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.

Puxing Energy's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.385/0.24
=1.60

* 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.

Puxing Energy's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Puxing Energy'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)
=0.398/114.7809*114.7809
=0.398

Current CPI (Dec23) = 114.7809.

Puxing Energy Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.226 99.000 -0.262
201512 -0.116 100.600 -0.132
201612 0.124 102.600 0.139
201712 0.289 104.500 0.317
201812 0.284 106.500 0.306
201912 0.486 111.200 0.502
202012 0.428 111.500 0.441
202112 0.404 113.108 0.410
202212 0.260 115.116 0.259
202312 0.398 114.781 0.398

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.


Puxing Energy  (HKSE:00090) 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.


Puxing Energy Cyclically Adjusted Price-to-FCF Related Terms

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


Puxing Energy (HKSE:00090) Business Description

Traded in Other Exchanges
N/A
Address
No. 181-1 Hejiatang, Chongxian Subdistrict, Linping District, Zhejiang Province, Hangzhou, CHN, 311108
Puxing Energy Ltd is a provider of clean energy. The company is engaged in the development, operation, and management of natural gas-fired power plants. It owns five natural gas-fired power plants located in Zhejiang province with an aggregate installed capacity of 687.73MW with a maximum heating capacity per hour of 360 tons.
Executives
Anergy International Limited 2201 Interest of corporation controlled by you
Li Li 2202 Interest of your spouse
Lu Weiding 2201 Interest of corporation controlled by you
Puxing International Limited
Wan Xiang Ji Tuan Gong Si 2201 Interest of corporation controlled by you
Bc Capital Group Limited 2201 Interest of corporation controlled by you
Bc Greater China Opportunities Fund Spc - Bc New Energy Fund Sp 2101 Beneficial owner

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