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JD.com (JD.com) Cyclically Adjusted Price-to-FCF : 29.80 (As of May. 27, 2024)


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What is JD.com Cyclically Adjusted Price-to-FCF?

As of today (2024-05-27), JD.com's current share price is $15.20. JD.com's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.51. JD.com's Cyclically Adjusted Price-to-FCF for today is 29.80.

The historical rank and industry rank for JD.com's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

JDCMF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 19.27   Med: 49.85   Max: 91.6
Current: 30.22

During the past years, JD.com's highest Cyclically Adjusted Price-to-FCF was 91.60. The lowest was 19.27. And the median was 49.85.

JDCMF's Cyclically Adjusted Price-to-FCF is ranked worse than
78.37% of 430 companies
in the Retail - Cyclical industry
Industry Median: 12.71 vs JDCMF: 30.22

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.

JD.com's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-0.650. 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 $0.51 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


JD.com Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for JD.com'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.

JD.com Cyclically Adjusted Price-to-FCF Chart

JD.com 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 - - - 69.04 25.54

JD.com 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 78.73 35.88 27.95 25.54 27.35

Competitive Comparison of JD.com's Cyclically Adjusted Price-to-FCF

For the Internet Retail subindustry, JD.com'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.


JD.com's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, JD.com's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where JD.com's Cyclically Adjusted Price-to-FCF falls into.



JD.com 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.

JD.com's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=15.20/0.51
=29.80

* 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.

JD.com's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, JD.com'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)
=-0.65/115.2271*115.2271
=-0.650

Current CPI (Mar. 2024) = 115.2271.

JD.com Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.023 98.200 -0.027
201409 0.017 98.900 0.020
201412 -0.104 99.000 -0.121
201503 0.034 99.900 0.039
201506 0.012 99.500 0.014
201509 -0.079 100.500 -0.091
201512 -0.061 100.600 -0.070
201603 0.054 102.200 0.061
201606 0.032 101.400 0.036
201609 0.147 102.400 0.165
201612 -0.122 102.600 -0.137
201703 0.096 103.200 0.107
201706 0.448 103.100 0.501
201709 -0.178 104.100 -0.197
201712 0.031 104.500 0.034
201803 -0.203 105.300 -0.222
201806 0.315 104.900 0.346
201809 -0.158 106.600 -0.171
201812 0.045 106.500 0.049
201903 0.059 107.700 0.063
201906 0.457 107.700 0.489
201909 0.014 109.800 0.015
201912 -0.314 111.200 -0.325
202003 -0.084 112.300 -0.086
202006 0.551 110.400 0.575
202009 0.237 111.700 0.244
202012 -0.021 111.500 -0.022
202103 -0.525 112.662 -0.537
202106 1.280 111.769 1.320
202109 0.364 112.215 0.374
202112 -0.137 113.108 -0.140
202203 -0.357 114.335 -0.360
202206 1.327 114.558 1.335
202209 0.172 115.339 0.172
202212 0.448 115.116 0.448
202303 -1.245 115.116 -1.246
202306 2.051 114.558 2.063
202309 0.433 115.339 0.433
202312 0.505 114.781 0.507
202403 -0.650 115.227 -0.650

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.


JD.com  (OTCPK:JDCMF) 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.


JD.com Cyclically Adjusted Price-to-FCF Related Terms

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


JD.com (JD.com) Business Description

Address
No. 18 Kechuang 11 Street, 20th Floor, Building A, Yizhuang Economic and Technological Development Zo, Daxing District, Beijing, CHN, 101111
JD.com is a leading e-commerce platform with its 2022 China GMV being similar to Pinduoduo (GMV not reported), on our estimate, but still lower than Alibaba. it offers a wide selection of authentic products with speedy and reliable delivery. The company has built its own nationwide fulfilment infrastructure and last-mile delivery network, staffed by its own employees, which supports both its online direct sales, its online marketplace and omnichannel businesses.

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