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China Resources And Environment Co (SHSE:600217) Cyclically Adjusted Price-to-FCF : (As of Jun. 04, 2024)


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What is China Resources And Environment Co Cyclically Adjusted Price-to-FCF?

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China Resources And Environment Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China Resources And Environment 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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China Resources And Environment Co Cyclically Adjusted Price-to-FCF Chart

China Resources And Environment Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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China Resources And Environment 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 China Resources And Environment Co's Cyclically Adjusted Price-to-FCF

For the Waste Management subindustry, China Resources And Environment 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.


China Resources And Environment Co's Cyclically Adjusted Price-to-FCF Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, China Resources And Environment Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China Resources And Environment Co's Cyclically Adjusted Price-to-FCF falls into.



China Resources And Environment 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.

China Resources And Environment Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, China Resources And Environment 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)
=-0.107/115.2271*115.2271
=-0.107

Current CPI (Mar. 2024) = 115.2271.

China Resources And Environment Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.023 98.200 -0.027
201409 0.254 98.900 0.296
201412 -0.199 99.000 -0.232
201503 -0.278 99.900 -0.321
201506 0.186 99.500 0.215
201509 -0.290 100.500 -0.332
201512 0.298 100.600 0.341
201603 -0.158 102.200 -0.178
201606 -0.101 101.400 -0.115
201609 -0.271 102.400 -0.305
201612 0.136 102.600 0.153
201703 -0.196 103.200 -0.219
201706 -0.244 103.100 -0.273
201709 -0.059 104.100 -0.065
201712 0.035 104.500 0.039
201803 0.309 105.300 0.338
201806 -0.126 104.900 -0.138
201809 -0.018 106.600 -0.019
201812 0.418 106.500 0.452
201903 -0.080 107.700 -0.086
201906 0.165 107.700 0.177
201909 -0.091 109.800 -0.095
201912 -0.180 111.200 -0.187
202003 0.046 112.300 0.047
202006 -0.083 110.400 -0.087
202009 -0.078 111.700 -0.080
202012 0.205 111.500 0.212
202103 0.086 112.662 0.088
202106 -0.110 111.769 -0.113
202109 -0.084 112.215 -0.086
202112 0.323 113.108 0.329
202203 -0.052 114.335 -0.052
202206 -0.175 114.558 -0.176
202209 0.030 115.339 0.030
202212 0.011 115.116 0.011
202303 -0.081 115.116 -0.081
202306 -0.076 114.558 -0.076
202309 -0.134 115.339 -0.134
202312 0.253 114.781 0.254
202403 -0.107 115.227 -0.107

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.


China Resources And Environment Co  (SHSE:600217) 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.


China Resources And Environment Co Cyclically Adjusted Price-to-FCF Related Terms

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China Resources And Environment Co (SHSE:600217) Business Description

Traded in Other Exchanges
N/A
Address
No.1, Xuanwumen Street, 8th Floor, Block B, Global Finance Center, Xicheng District, Beijing, CHN, 100052
China Resources And Environment Co Ltd is engaged in waste electrical and electronic products dismantling business. The company's waste products are divide into plastic, glass, metal, and hazardous waste received from its customers.

China Resources And Environment Co (SHSE:600217) Headlines

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