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Anhui Xinke New Materials Co (SHSE:600255) Cyclically Adjusted Price-to-FCF : (As of May. 26, 2024)


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What is Anhui Xinke New Materials Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Anhui Xinke New Materials Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Anhui Xinke New Materials 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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Anhui Xinke New Materials Co Cyclically Adjusted Price-to-FCF Chart

Anhui Xinke New Materials Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Anhui Xinke New Materials 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 - - - - 16,692.58

Competitive Comparison of Anhui Xinke New Materials Co's Cyclically Adjusted Price-to-FCF

For the Copper subindustry, Anhui Xinke New Materials 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.


Anhui Xinke New Materials Co's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Anhui Xinke New Materials Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Anhui Xinke New Materials Co's Cyclically Adjusted Price-to-FCF falls into.



Anhui Xinke New Materials 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.

Anhui Xinke New Materials Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Anhui Xinke New Materials 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)
=0.054/115.2271*115.2271
=0.054

Current CPI (Mar. 2024) = 115.2271.

Anhui Xinke New Materials Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.162 98.200 -0.190
201409 0.134 98.900 0.156
201412 0.178 99.000 0.207
201503 -0.069 99.900 -0.080
201506 -0.008 99.500 -0.009
201509 -0.160 100.500 -0.183
201512 0.152 100.600 0.174
201603 -0.018 102.200 -0.020
201606 -0.035 101.400 -0.040
201609 -0.027 102.400 -0.030
201612 0.110 102.600 0.124
201703 0.214 103.200 0.239
201706 -0.030 103.100 -0.034
201709 0.024 104.100 0.027
201712 -0.086 104.500 -0.095
201803 0.143 105.300 0.156
201806 0.021 104.900 0.023
201809 -0.038 106.600 -0.041
201812 -0.085 106.500 -0.092
201903 0.118 107.700 0.126
201906 -0.020 107.700 -0.021
201909 -0.023 109.800 -0.024
201912 0.057 111.200 0.059
202003 0.055 112.300 0.056
202006 -0.105 110.400 -0.110
202009 -0.129 111.700 -0.133
202012 0.094 111.500 0.097
202103 -0.051 112.662 -0.052
202106 0.010 111.769 0.010
202109 -0.070 112.215 -0.072
202112 -0.072 113.108 -0.073
202203 -0.036 114.335 -0.036
202206 -0.012 114.558 -0.012
202209 0.005 115.339 0.005
202212 -0.042 115.116 -0.042
202303 -0.069 115.116 -0.069
202306 0.021 114.558 0.021
202309 -0.086 115.339 -0.086
202312 0.011 114.781 0.011
202403 0.054 115.227 0.054

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.


Anhui Xinke New Materials Co  (SHSE:600255) 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.


Anhui Xinke New Materials Co Cyclically Adjusted Price-to-FCF Related Terms

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Anhui Xinke New Materials Co (SHSE:600255) Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Zhujiang Road, Economic and Technological Development Zone, Anhui Province, Wuhu, CHN, 241006
Anhui Xinke New Materials Co Ltd is engaged in development, production and sales of copper-based composite materials, rare and precious metal materials (excluding gold and silver and products), powder metallurgy and special materials, special cables, electrical materials and other new materials.
Executives
Yang Chun Tai Director
Song Zhi Gang Director
Wang Sheng Director
Zhang Xiao Ping Director
Zhang Long Director
Hu Ji Rong Director
Wang Xing Hai senior management
Fu Jian Gen Supervisors

Anhui Xinke New Materials Co (SHSE:600255) Headlines

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