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Jiangsu Expressway Co (Jiangsu Expressway Co) Cyclically Adjusted Price-to-FCF : 32.47 (As of Jun. 10, 2024)


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What is Jiangsu Expressway Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Jiangsu Expressway Co's current share price is $22.08. Jiangsu Expressway Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.68. Jiangsu Expressway Co's Cyclically Adjusted Price-to-FCF for today is 32.47.

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

JEXYY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.76   Med: 16.9   Max: 30.53
Current: 29.92

During the past years, Jiangsu Expressway Co's highest Cyclically Adjusted Price-to-FCF was 30.53. The lowest was 12.76. And the median was 16.90.

JEXYY's Cyclically Adjusted Price-to-FCF is ranked worse than
69.69% of 584 companies
in the Construction industry
Industry Median: 17.7 vs JEXYY: 29.92

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.

Jiangsu Expressway Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.560. 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 $0.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jiangsu Expressway Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Jiangsu Expressway 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.

Jiangsu Expressway Co Cyclically Adjusted Price-to-FCF Chart

Jiangsu Expressway 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 18.69 18.62 20.09 20.96 25.89

Jiangsu Expressway 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 21.29 24.26 25.85 25.89 28.99

Competitive Comparison of Jiangsu Expressway Co's Cyclically Adjusted Price-to-FCF

For the Infrastructure Operations subindustry, Jiangsu Expressway 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.


Jiangsu Expressway Co's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Jiangsu Expressway Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Jiangsu Expressway Co's Cyclically Adjusted Price-to-FCF falls into.



Jiangsu Expressway 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.

Jiangsu Expressway Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=22.08/0.68
=32.47

* 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.

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

For example, Jiangsu Expressway 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)
=0.56/115.2271*115.2271
=0.560

Current CPI (Mar. 2024) = 115.2271.

Jiangsu Expressway Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.706 98.200 0.828
201409 0.497 98.900 0.579
201412 0.483 99.000 0.562
201503 0.427 99.900 0.493
201506 0.665 99.500 0.770
201509 0.585 100.500 0.671
201512 0.642 100.600 0.735
201603 0.772 102.200 0.870
201606 0.845 101.400 0.960
201609 0.760 102.400 0.855
201612 0.537 102.600 0.603
201703 0.212 103.200 0.237
201706 0.000 103.100 0.000
201709 -1.423 104.100 -1.575
201712 -0.108 104.500 -0.119
201803 0.026 105.300 0.028
201806 0.793 104.900 0.871
201809 0.337 106.600 0.364
201812 0.148 106.500 0.160
201903 0.354 107.700 0.379
201906 0.490 107.700 0.524
201909 0.285 109.800 0.299
201912 -0.593 111.200 -0.614
202003 -0.495 112.300 -0.508
202006 -0.322 110.400 -0.336
202009 0.071 111.700 0.073
202012 0.133 111.500 0.137
202103 -0.112 112.662 -0.115
202106 0.870 111.769 0.897
202109 -0.452 112.215 -0.464
202112 0.272 113.108 0.277
202203 0.543 114.335 0.547
202206 0.480 114.558 0.483
202209 -0.089 115.339 -0.089
202212 -0.019 115.116 -0.019
202303 0.547 115.116 0.548
202306 0.827 114.558 0.832
202309 0.388 115.339 0.388
202312 0.242 114.781 0.243
202403 0.560 115.227 0.560

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.


Jiangsu Expressway Co  (OTCPK:JEXYY) 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.


Jiangsu Expressway Co Cyclically Adjusted Price-to-FCF Related Terms

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Jiangsu Expressway Co (Jiangsu Expressway Co) Business Description

Address
6 Xianlin Avenue, Jiangsu Province, Nanjing, CHN, 210049
Jiangsu Expressway Co Ltd is principally engaged in the investment, construction, operation and management of toll roads and bridges in Jiangsu Province and the development of service areas along expressways. It operates through the following segments: Shanghai-Nanjing Expressway is a key revenue driver, Guangjing Expressway, and Xicheng Expressway, Xiyi Expressway and Wuxi Huantaihu Expressway, Ningchang Expressway and Zhenli Expressway, Zhendan Expressway, Wufengshan Expressway, Changyi Expressway, Yichang Expressway, Longtan Bridge, Ancillary services, Real estate development, sales of electricity and advertising and others.

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