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Nanjing Iron & Steel Co (SHSE:600282) Cyclically Adjusted Price-to-FCF : 18.89 (As of Jun. 07, 2024)


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What is Nanjing Iron & Steel Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), Nanjing Iron & Steel Co's current share price is ¥5.10. Nanjing Iron & Steel Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.27. Nanjing Iron & Steel Co's Cyclically Adjusted Price-to-FCF for today is 18.89.

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

SHSE:600282' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.58   Med: 21.38   Max: 232
Current: 18.94

During the past years, Nanjing Iron & Steel Co's highest Cyclically Adjusted Price-to-FCF was 232.00. The lowest was 7.58. And the median was 21.38.

SHSE:600282's Cyclically Adjusted Price-to-FCF is ranked worse than
62.41% of 266 companies
in the Steel industry
Industry Median: 13.295 vs SHSE:600282: 18.94

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.

Nanjing Iron & Steel Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.114. 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 ¥0.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nanjing Iron & Steel Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nanjing Iron & Steel 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.

Nanjing Iron & Steel Co Cyclically Adjusted Price-to-FCF Chart

Nanjing Iron & Steel 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 15.13 11.72 10.57 10.27 11.55

Nanjing Iron & Steel 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 13.04 10.98 11.94 11.55 17.36

Competitive Comparison of Nanjing Iron & Steel Co's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Nanjing Iron & Steel 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.


Nanjing Iron & Steel Co's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Nanjing Iron & Steel Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Nanjing Iron & Steel Co's Cyclically Adjusted Price-to-FCF falls into.



Nanjing Iron & Steel 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.

Nanjing Iron & Steel Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=5.10/0.27
=18.89

* 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.

Nanjing Iron & Steel Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Nanjing Iron & Steel 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)
=-0.114/115.2271*115.2271
=-0.114

Current CPI (Mar. 2024) = 115.2271.

Nanjing Iron & Steel Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.095 98.200 0.111
201409 0.055 98.900 0.064
201412 -0.195 99.000 -0.227
201503 0.285 99.900 0.329
201506 -0.318 99.500 -0.368
201509 -0.261 100.500 -0.299
201512 0.128 100.600 0.147
201603 0.115 102.200 0.130
201606 0.380 101.400 0.432
201609 0.077 102.400 0.087
201612 0.059 102.600 0.066
201703 0.019 103.200 0.021
201706 0.029 103.100 0.032
201709 0.250 104.100 0.277
201712 0.144 104.500 0.159
201803 0.057 105.300 0.062
201806 0.232 104.900 0.255
201809 0.511 106.600 0.552
201812 0.175 106.500 0.189
201903 0.338 107.700 0.362
201906 -0.090 107.700 -0.096
201909 0.167 109.800 0.175
201912 0.319 111.200 0.331
202003 -0.067 112.300 -0.069
202006 0.210 110.400 0.219
202009 -0.007 111.700 -0.007
202012 -0.143 111.500 -0.148
202103 0.022 112.662 0.023
202106 0.220 111.769 0.227
202109 0.133 112.215 0.137
202112 -0.021 113.108 -0.021
202203 -0.158 114.335 -0.159
202206 -0.024 114.558 -0.024
202209 -0.024 115.339 -0.024
202212 0.090 115.116 0.090
202303 -0.177 115.116 -0.177
202306 0.009 114.558 0.009
202309 -0.043 115.339 -0.043
202312 0.006 114.781 0.006
202403 -0.114 115.227 -0.114

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.


Nanjing Iron & Steel Co  (SHSE:600282) 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.


Nanjing Iron & Steel Co Cyclically Adjusted Price-to-FCF Related Terms

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Nanjing Iron & Steel Co (SHSE:600282) Business Description

Traded in Other Exchanges
N/A
Address
Dejiadian, Liuhe District, Jiangsu Province, Nanjing, CHN, 210035
Nanjing Iron & Steel Co Ltd is a China-based company engaged in the business of production and selling of steel products. The company produces rolls, bars, high-speed wire, strips and other steel products. The products are used are used in LNG storage and utilization, shipbuilding and marine engineering, high-speed railway, power steel, automotive steel, bridges and other industries. The company sells its products in China and other international countries.
Executives
Tang Rui senior management
Shao Ren Zhi senior management
Su Bin Director
Zhu Rui Rong Directors, senior managers
Qian Shun Jiang Director
Zhu Ping senior management
Xu Xiao Chun senior management
Zhao Rui Jiang Supervisors
Huang Yi Xin Director
Chu Jue Fei senior management
Chang Jian Hua senior management
Lin Guo Qiang senior management
Yu Zhang Lin senior management
Xu Lin senior management
Yao Yong Kuan Directors, senior managers

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