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Towngas Smart Energy Co (HKSE:01083) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is Towngas Smart Energy Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Towngas Smart Energy Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Towngas Smart Energy 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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Towngas Smart Energy Co Cyclically Adjusted Price-to-FCF Chart

Towngas Smart Energy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Towngas Smart Energy Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Towngas Smart Energy Co's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Gas subindustry, Towngas Smart Energy 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.


Towngas Smart Energy Co's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Towngas Smart Energy Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Towngas Smart Energy 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.

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

For example, Towngas Smart Energy Co'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)
=-0.936/117.2957*117.2957
=-0.936

Current CPI (Dec23) = 117.2957.

Towngas Smart Energy Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.306 99.707 -0.360
201512 -0.233 102.015 -0.268
201612 -0.116 103.225 -0.132
201712 -0.127 104.984 -0.142
201812 -0.411 107.622 -0.448
201912 -0.202 110.700 -0.214
202012 -0.058 109.711 -0.062
202112 -0.176 112.349 -0.184
202212 -0.572 114.548 -0.586
202312 -0.936 117.296 -0.936

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.


Towngas Smart Energy Co  (HKSE:01083) 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.


Towngas Smart Energy Co Cyclically Adjusted Price-to-FCF Related Terms

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Towngas Smart Energy Co (HKSE:01083) Business Description

Traded in Other Exchanges
Address
363 Java Road, North Point, 23rd Floor, Hong Kong, HKG
Towngas Smart Energy Co Ltd is an investment holding company engaged in the sales of pipe gas and other types of energy, the construction of gas pipelines, the sale of gas appliances and related products, and other value-added services in the People's Republic of China. It has three operating segments; Sales of piped gas and energy including Sales of piped gas (mainly natural gas) and other types of energy, Gas connection include Construction of gas pipeline networks under gas connection contracts, and Extended business including Sales of gas-related household appliances and related products, and other related value-added services.
Executives
Henderson Development Limited 2201 Interest of corporation controlled by you
Planwise Properties Limited 2101 Beneficial owner
Towngas Investment Company Limited 2201 Interest of corporation controlled by you
Lee Ka Kit 2501 Other
Lee Shau Kee 2201 Interest of corporation controlled by you
Faxson Investment Limited 2201 Interest of corporation controlled by you
Towngas International Company Limited 2201 Interest of corporation controlled by you
Hong Kong & China Gas (china) Limited 2101 Beneficial owner
The Hong Kong And China Gas Company Limited 2201 Interest of corporation controlled by you
Rimmer (cayman) Limited 2301 Trustee
Riddick (cayman) Limited 2301 Trustee
Hopkins (cayman) Limited 2201 Interest of corporation controlled by you
Henderson Land Development Company Limited 2201 Interest of corporation controlled by you
Industrial And Commercial Bank Of China Limited 2201 Interest of corporation controlled by you
Tang Kok Yew 2201 Interest of corporation controlled by you

Towngas Smart Energy Co (HKSE:01083) Headlines

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