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Dongjiang Environmental Co (HKSE:00895) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Dongjiang Environmental Co Cyclically Adjusted Price-to-FCF?

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Dongjiang Environmental Co Cyclically Adjusted Price-to-FCF Historical Data

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

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

For the Waste Management subindustry, Dongjiang Environmental 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.


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

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

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



Dongjiang Environmental 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.

Dongjiang Environmental Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Dongjiang Environmental Co's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.108/114.7809*114.7809
=0.108

Current CPI (Dec. 2023) = 114.7809.

Dongjiang Environmental Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.089 98.600 -0.104
201406 -0.108 98.200 -0.126
201409 -0.100 98.900 -0.116
201412 -0.211 99.000 -0.245
201503 -0.293 99.900 -0.337
201506 -0.222 99.500 -0.256
201509 -0.138 100.500 -0.158
201512 0.284 100.600 0.324
201603 -0.194 102.200 -0.218
201606 -0.168 101.400 -0.190
201609 -0.154 102.400 -0.173
201612 0.301 102.600 0.337
201703 -0.053 103.200 -0.059
201706 -0.273 103.100 -0.304
201709 0.192 104.100 0.212
201712 0.067 104.500 0.074
201803 -0.291 105.300 -0.317
201806 0.081 104.900 0.089
201809 0.031 106.600 0.033
201812 0.216 106.500 0.233
201903 0.180 107.700 0.192
201906 0.196 107.700 0.209
201909 0.117 109.800 0.122
201912 -0.091 111.200 -0.094
202003 0.113 112.300 0.115
202006 -0.024 110.400 -0.025
202009 -0.234 111.700 -0.240
202012 0.055 111.500 0.057
202103 -0.297 112.662 -0.303
202106 -0.166 111.769 -0.170
202109 -0.129 112.215 -0.132
202112 -0.260 113.108 -0.264
202203 -0.291 114.335 -0.292
202206 0.099 114.558 0.099
202209 -0.212 115.339 -0.211
202212 -0.003 115.116 -0.003
202303 -0.313 115.116 -0.312
202306 -0.129 114.558 -0.129
202309 -0.094 115.339 -0.094
202312 0.108 114.781 0.108

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.


Dongjiang Environmental Co  (HKSE:00895) 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.


Dongjiang Environmental Co Cyclically Adjusted Price-to-FCF Related Terms

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Dongjiang Environmental Co (HKSE:00895) Business Description

Traded in Other Exchanges
Address
No. 9 Langshan Road, 1st Floor, 3rd Floor, North of 8th Floor, 9th-12th Floor, Dongjiang Environmental Building, North Zone of Hi-tech Industrial Park, Nanshan, Shenzhen, CHN
Dongjiang Environmental Co Ltd is an investment holding company principally engaged in waste treatment businesses. It operates in the following segments: Industrial waste recycling; Industrial waste treatment and disposal; Rare and precious metals recycling; Municipal waste treatment and disposal; Renewable energy utilization; Environmental engineering and services and others; as well as Household appliances dismantling.
Executives
Guang Dong Sheng Guang Cheng Zi Chan Jing Ying You Xian Gong Si 2201 Interest of corporation controlled by you
Jiang Su Hui Hong Chuang Ye Tou Zi You Xian Gong Si 2101 Beneficial owner
Jiang Su Su Hui Zi Chan Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you

Dongjiang Environmental Co (HKSE:00895) Headlines

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