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Haohua Chemical Science & Technology (SHSE:600378) Cyclically Adjusted Price-to-FCF : 432.57 (As of May. 23, 2024)


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What is Haohua Chemical Science & Technology Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), Haohua Chemical Science & Technology's current share price is ¥30.28. Haohua Chemical Science & Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.07. Haohua Chemical Science & Technology's Cyclically Adjusted Price-to-FCF for today is 432.57.

The historical rank and industry rank for Haohua Chemical Science & Technology's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:600378' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 53.88   Med: 95.48   Max: 478.14
Current: 474.89

During the past years, Haohua Chemical Science & Technology's highest Cyclically Adjusted Price-to-FCF was 478.14. The lowest was 53.88. And the median was 95.48.

SHSE:600378's Cyclically Adjusted Price-to-FCF is ranked worse than
96.91% of 550 companies
in the Chemicals industry
Industry Median: 25.32 vs SHSE:600378: 474.89

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.

Haohua Chemical Science & Technology's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.798. 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 ¥0.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Haohua Chemical Science & Technology Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Haohua Chemical Science & Technology'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.

Haohua Chemical Science & Technology Cyclically Adjusted Price-to-FCF Chart

Haohua Chemical Science & Technology 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 86.57 100.64 199.49 276.46 232.00

Haohua Chemical Science & Technology 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 346.65 282.54 246.81 232.00 496.37

Competitive Comparison of Haohua Chemical Science & Technology's Cyclically Adjusted Price-to-FCF

For the Chemicals subindustry, Haohua Chemical Science & Technology'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.


Haohua Chemical Science & Technology's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Haohua Chemical Science & Technology's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Haohua Chemical Science & Technology's Cyclically Adjusted Price-to-FCF falls into.



Haohua Chemical Science & Technology 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.

Haohua Chemical Science & Technology's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=30.28/0.07
=432.57

* 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.

Haohua Chemical Science & Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Haohua Chemical Science & Technology'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)
=-0.798/115.2271*115.2271
=-0.798

Current CPI (Mar. 2024) = 115.2271.

Haohua Chemical Science & Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.071 98.200 0.083
201409 0.041 98.900 0.048
201412 0.269 99.000 0.313
201503 -0.186 99.900 -0.215
201506 0.044 99.500 0.051
201509 0.089 100.500 0.102
201512 0.105 100.600 0.120
201603 -0.128 102.200 -0.144
201606 -0.043 101.400 -0.049
201609 0.084 102.400 0.095
201612 0.196 102.600 0.220
201703 -0.063 103.200 -0.070
201706 -0.032 103.100 -0.036
201709 0.018 104.100 0.020
201712 0.398 104.500 0.439
201803 -0.081 105.300 -0.089
201806 0.073 104.900 0.080
201809 -0.085 106.600 -0.092
201812 0.325 106.500 0.352
201903 -0.044 107.700 -0.047
201906 0.071 107.700 0.076
201909 0.158 109.800 0.166
201912 0.407 111.200 0.422
202003 -0.249 112.300 -0.255
202006 0.022 110.400 0.023
202009 0.005 111.700 0.005
202012 0.221 111.500 0.228
202103 -0.239 112.662 -0.244
202106 -0.006 111.769 -0.006
202109 0.113 112.215 0.116
202112 0.467 113.108 0.476
202203 -0.433 114.335 -0.436
202206 0.098 114.558 0.099
202209 -0.502 115.339 -0.502
202212 0.142 115.116 0.142
202303 -0.282 115.116 -0.282
202306 0.128 114.558 0.129
202309 -0.022 115.339 -0.022
202312 0.149 114.781 0.150
202403 -0.798 115.227 -0.798

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.


Haohua Chemical Science & Technology  (SHSE:600378) 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.


Haohua Chemical Science & Technology Cyclically Adjusted Price-to-FCF Related Terms

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Haohua Chemical Science & Technology (SHSE:600378) Business Description

Traded in Other Exchanges
N/A
Address
Wainan Airport Road, P.O. Box 445, Sichuan, Chengdu, CHN, 610225
Haohua Chemical Science & Technology Corp Ltd, formerly Sichuan Tianyi Science & Technology Co Ltd is a China-based company engaged in the manufacturing of chemicals and related products It specializes in the catalyst, pressure swing adsorption gas separation technology and devices, organic chemical products, valves, and absorbent.

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