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JL Mag Rare-Earth Co (HKSE:06680) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is JL Mag Rare-Earth Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


JL Mag Rare-Earth Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for JL Mag Rare-Earth 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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JL Mag Rare-Earth Co Cyclically Adjusted Price-to-FCF Chart

JL Mag Rare-Earth Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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JL Mag Rare-Earth Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of JL Mag Rare-Earth Co's Cyclically Adjusted Price-to-FCF

For the Metal Fabrication subindustry, JL Mag Rare-Earth 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.


JL Mag Rare-Earth Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, JL Mag Rare-Earth Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where JL Mag Rare-Earth Co's Cyclically Adjusted Price-to-FCF falls into.



JL Mag Rare-Earth 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.

JL Mag Rare-Earth Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, JL Mag Rare-Earth 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)
=0.58/114.7809*114.7809
=0.580

Current CPI (Dec23) = 114.7809.

JL Mag Rare-Earth Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.233 99.000 0.270
201512 0.169 100.600 0.193
201612 -0.175 102.600 -0.196
201712 0.007 104.500 0.008
201812 -0.060 106.500 -0.065
201912 -0.080 111.200 -0.083
202012 -0.031 111.500 -0.032
202112 -0.630 113.108 -0.639
202212 -0.225 115.116 -0.224
202312 0.580 114.781 0.580

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.


JL Mag Rare-Earth Co  (HKSE:06680) 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.


JL Mag Rare-Earth Co Cyclically Adjusted Price-to-FCF Related Terms

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


JL Mag Rare-Earth Co (HKSE:06680) Business Description

Traded in Other Exchanges
Address
81 West Jinling Road, Economic and Technological Development Zone, Jiangxi Province, Ganzhou, CHN, 341000
JL Mag Rare-Earth, or JL Mag, is a leading global producer of high-performance rare earth permanent magnets, or REPMs. JL Mag focuses on the production and sale of NdFeB PMs, the most widely used type of REPMs, mainly made from an alloy of neodymium (Nd), iron (Fe) and boron (B). The company is ranked first in the world by high-performance REPMs, according to Frost & Sullivan. JL Mag is also ranked first in the global grain boundary diffusion, or GBD, REPMs market. Its products have a wide array of applications, mainly in new energy vehicles, or NEVs, automotive parts, wind turbine generators, energy-saving variable-frequency air-conditioners, or VFACs.
Executives
Zhu Que Ji Jin Guan Li You Xian Gong Si 2102 Investment manager
Cai Bao Gui 2201 Interest of corporation controlled by you
Hu Zhi Bin 2201 Interest of corporation controlled by you
Jiang Xi Rui De Chuang Ye Tou Zi You Xian Gong Si 2101 Beneficial owner
Li Xin Nong 2201 Interest of corporation controlled by you
Morgan Stanley 2201 Interest of corporation controlled by you
Citic Group Corporation 2201 Interest of corporation controlled by you
Zhong Guo Guo You Qi Ye Hun He Suo You Zhi Gai Ge Ji Jin You Xian Gong Si 2101 Beneficial owner
Zhong Guo Cheng Tong Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Xin Bao Cheng Ren Shou Bao Xian You Xian Gong Si 2101 Beneficial owner
Cr Alpha Investment Ii Limited
Prudential Plc 2101 Beneficial owner
Citic Polaris Limited 2201 Interest of corporation controlled by you
Citic Limited 2201 Interest of corporation controlled by you
China Resources (holdings) Company Limited

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