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Shanghai Pharmaceuticals Holding Co (HKSE:02607) Cyclically Adjusted Price-to-FCF : 62.11 (As of May. 26, 2024)


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What is Shanghai Pharmaceuticals Holding Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Shanghai Pharmaceuticals Holding Co's current share price is HK$11.80. Shanghai Pharmaceuticals Holding Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was HK$0.19. Shanghai Pharmaceuticals Holding Co's Cyclically Adjusted Price-to-FCF for today is 62.11.

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

HKSE:02607' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 23.62   Med: 52.16   Max: 92.46
Current: 63.84

During the past years, Shanghai Pharmaceuticals Holding Co's highest Cyclically Adjusted Price-to-FCF was 92.46. The lowest was 23.62. And the median was 52.16.

HKSE:02607's Cyclically Adjusted Price-to-FCF is ranked worse than
90.63% of 32 companies
in the Medical Distribution industry
Industry Median: 26.27 vs HKSE:02607: 63.84

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.

Shanghai Pharmaceuticals Holding Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was HK$-1.877. 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$0.19 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Pharmaceuticals Holding Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shanghai Pharmaceuticals Holding 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.

Shanghai Pharmaceuticals Holding Co Cyclically Adjusted Price-to-FCF Chart

Shanghai Pharmaceuticals Holding 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 51.04 49.21 55.18 48.61 39.35

Shanghai Pharmaceuticals Holding 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 67.89 59.98 48.62 39.35 59.13

Competitive Comparison of Shanghai Pharmaceuticals Holding Co's Cyclically Adjusted Price-to-FCF

For the Medical Distribution subindustry, Shanghai Pharmaceuticals Holding 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.


Shanghai Pharmaceuticals Holding Co's Cyclically Adjusted Price-to-FCF Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Shanghai Pharmaceuticals Holding Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shanghai Pharmaceuticals Holding Co's Cyclically Adjusted Price-to-FCF falls into.



Shanghai Pharmaceuticals Holding 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.

Shanghai Pharmaceuticals Holding Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=11.80/0.19
=62.11

* 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.

Shanghai Pharmaceuticals Holding Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shanghai Pharmaceuticals Holding 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)
=-1.877/115.2271*115.2271
=-1.877

Current CPI (Mar. 2024) = 115.2271.

Shanghai Pharmaceuticals Holding Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.284 98.200 0.333
201409 0.103 98.900 0.120
201412 -0.021 99.000 -0.024
201503 -0.252 99.900 -0.291
201506 0.157 99.500 0.182
201509 -0.078 100.500 -0.089
201512 0.004 100.600 0.005
201603 -0.026 102.200 -0.029
201606 0.047 101.400 0.053
201609 -0.024 102.400 -0.027
201612 -0.069 102.600 -0.077
201703 -0.016 103.200 -0.018
201706 0.140 103.100 0.156
201709 0.049 104.100 0.054
201712 0.106 104.500 0.117
201803 -0.161 105.300 -0.176
201806 0.227 104.900 0.249
201809 0.100 106.600 0.108
201812 0.309 106.500 0.334
201903 -0.108 107.700 -0.116
201906 0.549 107.700 0.587
201909 0.042 109.800 0.044
201912 0.791 111.200 0.820
202003 -0.526 112.300 -0.540
202006 1.266 110.400 1.321
202009 0.392 111.700 0.404
202012 0.359 111.500 0.371
202103 -0.710 112.662 -0.726
202106 1.152 111.769 1.188
202109 0.052 112.215 0.053
202112 -0.086 113.108 -0.088
202203 -1.331 114.335 -1.341
202206 0.472 114.558 0.475
202209 -0.174 115.339 -0.174
202212 1.166 115.116 1.167
202303 -1.020 115.116 -1.021
202306 1.034 114.558 1.040
202309 -0.034 115.339 -0.034
202312 0.660 114.781 0.663
202403 -1.877 115.227 -1.877

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.


Shanghai Pharmaceuticals Holding Co  (HKSE:02607) 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.


Shanghai Pharmaceuticals Holding Co Cyclically Adjusted Price-to-FCF Related Terms

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Shanghai Pharmaceuticals Holding Co (HKSE:02607) Business Description

Traded in Other Exchanges
Address
No. 200 Taicang Road, Shanghai Pharmaceutical Building, Shanghai, CHN, 200020
Shanghai Pharmaceuticals Holding is a vertically integrated Chinese healthcare company that operates drug manufacturing, distribution, and retail pharmacy businesses in mainland China. It is the second-largest distributor by revenue and has a strong distribution presence in Eastern China.
Executives
Blackrock, Inc. 2201 Interest of corporation controlled by you
Shanghai Industrial Investment (holdings) Company Limited 2201 Interest of corporation controlled by you
Siic International Investment Company Limited 2101 Beneficial owner
Citigroup Inc. 2201 Interest of corporation controlled by you
Lsv Asset Management 2102 Investment manager

Shanghai Pharmaceuticals Holding Co (HKSE:02607) Headlines

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