GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » China Shenhua Energy Co Ltd (HKSE:01088) » Definitions » Cyclically Adjusted Price-to-FCF

China Shenhua Energy Co (HKSE:01088) Cyclically Adjusted Price-to-FCF : 15.81 (As of Jun. 01, 2024)


View and export this data going back to 2005. Start your Free Trial

What is China Shenhua Energy Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-01), China Shenhua Energy Co's current share price is HK$37.95. China Shenhua Energy Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was HK$2.40. China Shenhua Energy Co's Cyclically Adjusted Price-to-FCF for today is 15.81.

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

HKSE:01088' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.5   Med: 10.59   Max: 17.16
Current: 13.87

During the past years, China Shenhua Energy Co's highest Cyclically Adjusted Price-to-FCF was 17.16. The lowest was 6.50. And the median was 10.59.

HKSE:01088's Cyclically Adjusted Price-to-FCF is ranked worse than
61.33% of 75 companies
in the Other Energy Sources industry
Industry Median: 11.86 vs HKSE:01088: 13.87

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.

China Shenhua Energy Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was HK$0.967. 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$2.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Shenhua Energy Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Shenhua 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.

* Premium members only.

China Shenhua Energy Co Cyclically Adjusted Price-to-FCF Chart

China Shenhua Energy Co 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 8.51 7.94 8.79 10.18 10.61

China Shenhua Energy Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10.17 10.72 10.61 10.61 12.80

Competitive Comparison of China Shenhua Energy Co's Cyclically Adjusted Price-to-FCF

For the Thermal Coal subindustry, China Shenhua 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.


China Shenhua Energy Co's Cyclically Adjusted Price-to-FCF Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, China Shenhua Energy Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



China Shenhua 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.

China Shenhua Energy Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=37.95/2.4
=15.81

* 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.

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

For example, China Shenhua Energy 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)
=0.967/115.2271*115.2271
=0.967

Current CPI (Mar. 2024) = 115.2271.

China Shenhua Energy Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.855 98.200 1.003
201409 1.180 98.900 1.375
201412 -0.543 99.000 -0.632
201503 0.351 99.900 0.405
201506 0.990 99.500 1.146
201509 -0.030 100.500 -0.034
201512 0.282 100.600 0.323
201603 0.733 102.200 0.826
201606 1.007 101.400 1.144
201609 1.120 102.400 1.260
201612 0.251 102.600 0.282
201703 1.241 103.200 1.386
201706 0.869 103.100 0.971
201709 1.818 104.100 2.012
201712 0.445 104.500 0.491
201803 0.562 105.300 0.615
201806 0.940 104.900 1.033
201809 1.775 106.600 1.919
201812 0.686 106.500 0.742
201903 1.653 107.700 1.769
201906 0.292 107.700 0.312
201909 0.693 109.800 0.727
201912 -0.093 111.200 -0.096
202003 1.508 112.300 1.547
202006 1.028 110.400 1.073
202009 0.858 111.700 0.885
202012 -0.010 111.500 -0.010
202103 0.680 112.662 0.695
202106 1.121 111.769 1.156
202109 1.226 112.215 1.259
202112 1.276 113.108 1.300
202203 1.399 114.335 1.410
202206 1.400 114.558 1.408
202209 1.512 115.339 1.511
202212 0.444 115.116 0.444
202303 1.054 115.116 1.055
202306 0.645 114.558 0.649
202309 0.996 115.339 0.995
202312 0.222 114.781 0.223
202403 0.967 115.227 0.967

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.


China Shenhua Energy Co  (HKSE:01088) 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.


China Shenhua Energy Co Cyclically Adjusted Price-to-FCF Related Terms

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


China Shenhua Energy Co (HKSE:01088) Business Description

Traded in Other Exchanges
Address
No. 22, Andingmen Xibinhe Road, Dongcheng District, Beijing, CHN, 100011
China Shenhua Energy Co Ltd is a globally-leading integrated coal-based energy company, mainly engaging in seven business segments, namely coal, electricity, new energy, coal-to-chemicals, railway, port handling, and shipping. Focusing on its core coal mining operation, China Shenhua leverages its self-developed transportation and sales network as well as downstream power plants, coal-to-chemicals facilities and new energy projects to achieve cross-sector and cross-industry integrated development and operation.
Executives
Blackrock, Inc. 2201 Interest of corporation controlled by you

China Shenhua Energy Co (HKSE:01088) Headlines

No Headlines