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SINOPEC Engineering (Group) Co (HKSE:02386) Cyclically Adjusted Price-to-FCF : 5.97 (As of May. 26, 2024)


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What is SINOPEC Engineering (Group) Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), SINOPEC Engineering (Group) Co's current share price is HK$5.31. SINOPEC Engineering (Group) Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was HK$0.89. SINOPEC Engineering (Group) Co's Cyclically Adjusted Price-to-FCF for today is 5.97.

The historical rank and industry rank for SINOPEC Engineering (Group) Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

HKSE:02386' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.01   Med: 4.95   Max: 6.42
Current: 5.72

During the past 12 years, SINOPEC Engineering (Group) Co's highest Cyclically Adjusted Price-to-FCF was 6.42. The lowest was 4.01. And the median was 4.95.

HKSE:02386's Cyclically Adjusted Price-to-FCF is ranked better than
86.67% of 570 companies
in the Construction industry
Industry Median: 18.215 vs HKSE:02386: 5.72

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.

SINOPEC Engineering (Group) Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was HK$0.524. 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$0.89 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


SINOPEC Engineering (Group) Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for SINOPEC Engineering (Group) 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.

SINOPEC Engineering (Group) Co Cyclically Adjusted Price-to-FCF Chart

SINOPEC Engineering (Group) 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 - - 5.84 4.20 4.50

SINOPEC Engineering (Group) Co 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 5.84 - 4.20 - 4.50

Competitive Comparison of SINOPEC Engineering (Group) Co's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, SINOPEC Engineering (Group) 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.


SINOPEC Engineering (Group) Co's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, SINOPEC Engineering (Group) Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where SINOPEC Engineering (Group) Co's Cyclically Adjusted Price-to-FCF falls into.



SINOPEC Engineering (Group) 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.

SINOPEC Engineering (Group) Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.31/0.89
=5.97

* 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.

SINOPEC Engineering (Group) Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, SINOPEC Engineering (Group) 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)
=0.524/114.7809*114.7809
=0.524

Current CPI (Dec23) = 114.7809.

SINOPEC Engineering (Group) Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.048 99.000 -0.056
201512 1.493 100.600 1.703
201612 1.035 102.600 1.158
201712 1.005 104.500 1.104
201812 1.503 106.500 1.620
201912 -0.018 111.200 -0.019
202012 0.671 111.500 0.691
202112 0.625 113.108 0.634
202212 1.530 115.116 1.526
202312 0.524 114.781 0.524

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.


SINOPEC Engineering (Group) Co  (HKSE:02386) 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.


SINOPEC Engineering (Group) Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of SINOPEC Engineering (Group) Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


SINOPEC Engineering (Group) Co (HKSE:02386) Business Description

Traded in Other Exchanges
Address
Shenggu Middle Road, No. 8 Building, Shenggu Home, Chaoyang District, Beijing, CHN, 100029
SINOPEC Engineering (Group) Co Ltd is a wholly owned subsidiary of the Sinopec Group, a Chinese company. The group provides integrated engineering services and technical patents for domestic and international refining and chemical engineering businesses. The group mainly contains four segments: engineering, consulting and licensing; engineering, procurement and construction (EPC) contracting; construction; and equipment manufacturing. The company generates most of its revenue from the EPC contracting segment. Geographically, the business presence of the group is primarily seen in China, Malaysia, Kuwait, and Saudi Arabia.
Executives
Fmr Llc 2201 Interest of corporation controlled by you
Fidelity Investment Trust 2101 Beneficial owner
Fil Limited 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co. 2502 Approved lending agent
Blackrock, Inc. 2201 Interest of corporation controlled by you

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