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China Art Financial Holdings (HKSE:01572) Cyclically Adjusted Price-to-FCF : 3.40 (As of Jun. 10, 2024)


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What is China Art Financial Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), China Art Financial Holdings's current share price is HK$0.136. China Art Financial Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was HK$0.04. China Art Financial Holdings's Cyclically Adjusted Price-to-FCF for today is 3.40.

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

HKSE:01572' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.85   Med: 3.13   Max: 4.9
Current: 3.3

During the past 11 years, China Art Financial Holdings's highest Cyclically Adjusted Price-to-FCF was 4.90. The lowest was 1.85. And the median was 3.13.

HKSE:01572's Cyclically Adjusted Price-to-FCF is ranked better than
75% of 104 companies
in the Credit Services industry
Industry Median: 9.34 vs HKSE:01572: 3.30

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 Art Financial Holdings's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was HK$0.049. 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$0.04 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


China Art Financial Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Art Financial Holdings'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 Art Financial Holdings Cyclically Adjusted Price-to-FCF Chart

China Art Financial Holdings 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 - - - 3.89 2.30

China Art Financial Holdings Semi-Annual Data
Dec13 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 - - 3.89 - 2.30

Competitive Comparison of China Art Financial Holdings's Cyclically Adjusted Price-to-FCF

For the Credit Services subindustry, China Art Financial Holdings'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 Art Financial Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, China Art Financial Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China Art Financial Holdings's Cyclically Adjusted Price-to-FCF falls into.



China Art Financial Holdings 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 Art Financial Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.136/0.04
=3.40

* 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 Art Financial Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, China Art Financial Holdings'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)
=0.049/114.7809*114.7809
=0.049

Current CPI (Dec23) = 114.7809.

China Art Financial Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.088 99.000 0.102
201512 0.176 100.600 0.201
201612 -0.063 102.600 -0.070
201712 0.083 104.500 0.091
201812 0.009 106.500 0.010
201912 -0.045 111.200 -0.046
202012 0.164 111.500 0.169
202112 -0.019 113.108 -0.019
202212 -0.073 115.116 -0.073
202312 0.049 114.781 0.049

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 Art Financial Holdings  (HKSE:01572) 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 Art Financial Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


China Art Financial Holdings (HKSE:01572) Business Description

Traded in Other Exchanges
Address
63 Jingyi South Road, Yicheng Street, Jiangsu Province, Yixing City, CHN
China Art Financial Holdings Ltd is an art finance service provider in China. It is engaged in operating art financing channels. The operating business segments of the company are Art and asset pawn business; Art and asset auction business, and Art and asset sales business. The company auctions products like Zisha artwork, Calligraphies and paintings, Jewel artwork, and others. Geographically, the company has a business presence in China and Hong Kong, of which a majority of the revenue is derived from China. The group's revenue is principally derived from PRC.
Executives
Zhongtai International Asset Management (singapore) Pte. Ltd. 2102 Investment manager
Lai Wing Lun 2104 Agent
Arab Osman Mohammed 2104 Agent
Win Win Stable No.5 Fund Sp 2106 Person having a security interest in shares
Xu Min 2103 Interests held jointly with another person
Zhou Jianyuan 2202 Interest of your spouse
Zhang Xiaoxing 2202 Interest of your spouse
Yubo Investment Co. Ltd 2201 Interest of corporation controlled by you
Xu Zhongliang 2202 Interest of your spouse
Fan Qinzhi 2103 Interests held jointly with another person
Wu Jian 2103 Interests held jointly with another person
Wang Jiansong 2201 Interest of corporation controlled by you
Mauve Jade Investment Limited 2201 Interest of corporation controlled by you
Intelligenesis Investment Co., Ltd 2101 Beneficial owner
Golden Sand Investment Company Limited 2201 Interest of corporation controlled by you

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