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Shenwan Hongyuan Group Co (HKSE:06806) Cyclically Adjusted Price-to-FCF : 16.89 (As of Jun. 05, 2024)


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What is Shenwan Hongyuan Group Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-05), Shenwan Hongyuan Group Co's current share price is HK$1.52. Shenwan Hongyuan Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was HK$0.09. Shenwan Hongyuan Group Co's Cyclically Adjusted Price-to-FCF for today is 16.89.

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

HKSE:06806' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.27   Med: 26.81   Max: 322
Current: 15.55

During the past years, Shenwan Hongyuan Group Co's highest Cyclically Adjusted Price-to-FCF was 322.00. The lowest was 11.27. And the median was 26.81.

HKSE:06806's Cyclically Adjusted Price-to-FCF is ranked better than
58.4% of 238 companies
in the Capital Markets industry
Industry Median: 18.385 vs HKSE:06806: 15.55

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.

Shenwan Hongyuan Group Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was HK$-0.598. 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$0.09 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shenwan Hongyuan Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shenwan Hongyuan 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.

Shenwan Hongyuan Group Co Cyclically Adjusted Price-to-FCF Chart

Shenwan Hongyuan 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 - 28.92 - 36.01 11.96

Shenwan Hongyuan Group 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 17.83 15.13 14.13 11.96 15.24

Competitive Comparison of Shenwan Hongyuan Group Co's Cyclically Adjusted Price-to-FCF

For the Capital Markets subindustry, Shenwan Hongyuan 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.


Shenwan Hongyuan Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Shenwan Hongyuan Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shenwan Hongyuan Group Co's Cyclically Adjusted Price-to-FCF falls into.



Shenwan Hongyuan 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.

Shenwan Hongyuan 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
=1.52/0.09
=16.89

* 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.

Shenwan Hongyuan Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shenwan Hongyuan Group 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)
=-0.598/115.2271*115.2271
=-0.598

Current CPI (Mar. 2024) = 115.2271.

Shenwan Hongyuan Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.282 98.200 0.331
201409 1.069 98.900 1.245
201412 1.376 99.000 1.602
201503 2.020 99.900 2.330
201506 4.718 99.500 5.464
201509 -3.092 100.500 -3.545
201512 -0.172 100.600 -0.197
201603 -0.722 102.200 -0.814
201606 -0.109 101.400 -0.124
201609 -2.259 102.400 -2.542
201612 0.785 102.600 0.882
201703 -1.096 103.200 -1.224
201706 0.093 103.100 0.104
201709 -0.312 104.100 -0.345
201712 -0.508 104.500 -0.560
201803 0.254 105.300 0.278
201806 -1.369 104.900 -1.504
201809 -0.234 106.600 -0.253
201812 0.820 106.500 0.887
201903 0.820 107.700 0.877
201906 -0.046 107.700 -0.049
201909 -0.831 109.800 -0.872
201912 0.645 111.200 0.668
202003 0.872 112.300 0.895
202006 -0.418 110.400 -0.436
202009 -1.508 111.700 -1.556
202012 0.247 111.500 0.255
202103 -0.274 112.662 -0.280
202106 -1.068 111.769 -1.101
202109 -0.450 112.215 -0.462
202112 -0.191 113.108 -0.195
202203 0.392 114.335 0.395
202206 0.794 114.558 0.799
202209 -1.041 115.339 -1.040
202212 1.442 115.116 1.443
202303 1.330 115.116 1.331
202306 0.818 114.558 0.823
202309 0.073 115.339 0.073
202312 0.807 114.781 0.810
202403 -0.598 115.227 -0.598

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.


Shenwan Hongyuan Group Co  (HKSE:06806) 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.


Shenwan Hongyuan Group Co Cyclically Adjusted Price-to-FCF Related Terms

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Shenwan Hongyuan Group Co (HKSE:06806) Business Description

Traded in Other Exchanges
Address
No. 19, Taipingqiao Street, No. 358, South Beijing Road, 20th Floor, Dacheng International Building, Urumqi High-tech Zone, Xinjiang, Xicheng District, Beijing, CHN, 100033
Shenwan Hongyuan Group Co Ltd is an investment holding and securities firm. Its business includes banking, insurance, trust, and leasing while consolidating and expanding the advantages of the original securities business and building on the capital market as support. The company's business mainly focuses on four segments, including enterprise finance, personal finance, institutional services and trading, as well as investment management. Majority of the revenue for the firm gets derived from Institutional services and trading segment.
Executives
China Life Franklin Asset Management Co., Limited 2102 Investment manager
Central Huijin Investment Ltd.
Zhong Guo Ren Shou Bao Xian Ji Tuan Gong Si
Zhong Guo Gong Shang Yin Hang Gu Fen You Xian Gong Si
Hua Xia Ren Shou Bao Xian Gu Fen You Xian Gong Si 2101 Beneficial owner
Guang Da Bao De Xin Ji Jin Guan Li You Xian Gong Si Dai Biao Guang Da Bao De Xin Hua Xia Ren Shou Ha

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