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Shanghai Fosun Pharmaceutical (Group) Co (SHSE:600196) Cyclically Adjusted Price-to-FCF : (As of May. 18, 2024)


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What is Shanghai Fosun Pharmaceutical (Group) Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Fosun Pharmaceutical (Group) Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shanghai Fosun Pharmaceutical (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.

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Shanghai Fosun Pharmaceutical (Group) Co Cyclically Adjusted Price-to-FCF Chart

Shanghai Fosun Pharmaceutical (Group) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Shanghai Fosun Pharmaceutical (Group) 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 Shanghai Fosun Pharmaceutical (Group) Co's Cyclically Adjusted Price-to-FCF

For the Drug Manufacturers - Specialty & Generic subindustry, Shanghai Fosun Pharmaceutical (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.


Shanghai Fosun Pharmaceutical (Group) Co's Cyclically Adjusted Price-to-FCF Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Shanghai Fosun Pharmaceutical (Group) Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shanghai Fosun Pharmaceutical (Group) Co's Cyclically Adjusted Price-to-FCF falls into.



Shanghai Fosun Pharmaceutical (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.

Shanghai Fosun Pharmaceutical (Group) Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shanghai Fosun Pharmaceutical (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)
=-0.127/115.2271*115.2271
=-0.127

Current CPI (Mar. 2024) = 115.2271.

Shanghai Fosun Pharmaceutical (Group) Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.073 98.200 0.086
201409 0.075 98.900 0.087
201412 0.040 99.000 0.047
201503 -0.038 99.900 -0.044
201506 0.117 99.500 0.135
201509 0.103 100.500 0.118
201512 -0.016 100.600 -0.018
201603 -0.057 102.200 -0.064
201606 0.072 101.400 0.082
201609 0.077 102.400 0.087
201612 -0.009 102.600 -0.010
201703 0.000 103.200 0.000
201706 0.079 103.100 0.088
201709 -0.019 104.100 -0.021
201712 0.102 104.500 0.112
201803 -0.073 105.300 -0.080
201806 0.108 104.900 0.119
201809 -0.146 106.600 -0.158
201812 0.034 106.500 0.037
201903 -0.328 107.700 -0.351
201906 0.094 107.700 0.101
201909 0.022 109.800 0.023
201912 -0.079 111.200 -0.082
202003 -0.258 112.300 -0.265
202006 0.079 110.400 0.082
202009 -0.147 111.700 -0.152
202012 -0.403 111.500 -0.416
202103 -0.210 112.662 -0.215
202106 -0.016 111.769 -0.016
202109 0.036 112.215 0.037
202112 -0.217 113.108 -0.221
202203 -0.254 114.335 -0.256
202206 -0.059 114.558 -0.059
202209 -0.202 115.339 -0.202
202212 -0.127 115.116 -0.127
202303 -0.311 115.116 -0.311
202306 -0.115 114.558 -0.116
202309 -0.226 115.339 -0.226
202312 -0.060 114.781 -0.060
202403 -0.127 115.227 -0.127

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 Fosun Pharmaceutical (Group) Co  (SHSE:600196) 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 Fosun Pharmaceutical (Group) Co Cyclically Adjusted Price-to-FCF Related Terms

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Shanghai Fosun Pharmaceutical (Group) Co (SHSE:600196) Business Description

Traded in Other Exchanges
Address
No. 1289 Yishan Road, Building A, Fosun Technology Park, Shanghai, CHN, 200233
Shanghai Fosun Pharmaceutical (Group) Co Ltd is a specialty and generic drug manufacturing company. Shanghai Fosun maintains five business segments, including Pharmaceutical manufacturing, Healthcare Services, Medical devices, and medical diagnosis. Most of the company's revenue is generated by its Pharmaceutical manufacturing segment. The company considers merger and acquisition investment as a potential component of its operational growth strategy for expanding its research, development, manufacturing, and marketing capabilities.

Shanghai Fosun Pharmaceutical (Group) Co (SHSE:600196) Headlines

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