GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Fujian Yanjing Huiquan Brewery Co Ltd (SHSE:600573) » Definitions » Cyclically Adjusted Price-to-FCF

Fujian Yanjing Huiquan Brewery Co (SHSE:600573) Cyclically Adjusted Price-to-FCF : 46.24 (As of May. 26, 2024)


View and export this data going back to 2003. Start your Free Trial

What is Fujian Yanjing Huiquan Brewery Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Fujian Yanjing Huiquan Brewery Co's current share price is ¥9.71. Fujian Yanjing Huiquan Brewery Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.21. Fujian Yanjing Huiquan Brewery Co's Cyclically Adjusted Price-to-FCF for today is 46.24.

The historical rank and industry rank for Fujian Yanjing Huiquan Brewery Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:600573' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 16.19   Med: 48.67   Max: 146.13
Current: 45.34

During the past years, Fujian Yanjing Huiquan Brewery Co's highest Cyclically Adjusted Price-to-FCF was 146.13. The lowest was 16.19. And the median was 48.67.

SHSE:600573's Cyclically Adjusted Price-to-FCF is ranked worse than
71.82% of 110 companies
in the Beverages - Alcoholic industry
Industry Median: 29.655 vs SHSE:600573: 45.34

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.

Fujian Yanjing Huiquan Brewery Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.198. 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 ¥0.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fujian Yanjing Huiquan Brewery Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fujian Yanjing Huiquan Brewery 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.

Fujian Yanjing Huiquan Brewery Co Cyclically Adjusted Price-to-FCF Chart

Fujian Yanjing Huiquan Brewery 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 63.89 145.16 83.77 57.65 51.57

Fujian Yanjing Huiquan Brewery 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 67.43 56.00 48.81 51.57 43.61

Competitive Comparison of Fujian Yanjing Huiquan Brewery Co's Cyclically Adjusted Price-to-FCF

For the Beverages - Brewers subindustry, Fujian Yanjing Huiquan Brewery 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.


Fujian Yanjing Huiquan Brewery Co's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Fujian Yanjing Huiquan Brewery Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Fujian Yanjing Huiquan Brewery Co's Cyclically Adjusted Price-to-FCF falls into.



Fujian Yanjing Huiquan Brewery 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.

Fujian Yanjing Huiquan Brewery Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=9.71/0.21
=46.24

* 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.

Fujian Yanjing Huiquan Brewery Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Fujian Yanjing Huiquan Brewery 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)
=0.198/115.2271*115.2271
=0.198

Current CPI (Mar. 2024) = 115.2271.

Fujian Yanjing Huiquan Brewery Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.365 98.200 0.428
201409 0.302 98.900 0.352
201412 -0.362 99.000 -0.421
201503 0.003 99.900 0.003
201506 0.248 99.500 0.287
201509 0.074 100.500 0.085
201512 -0.229 100.600 -0.262
201603 0.014 102.200 0.016
201606 0.202 101.400 0.230
201609 0.015 102.400 0.017
201612 -0.176 102.600 -0.198
201703 -0.039 103.200 -0.044
201706 0.278 103.100 0.311
201709 -0.003 104.100 -0.003
201712 -0.235 104.500 -0.259
201803 0.009 105.300 0.010
201806 0.163 104.900 0.179
201809 0.058 106.600 0.063
201812 -0.257 106.500 -0.278
201903 0.059 107.700 0.063
201906 0.117 107.700 0.125
201909 0.117 109.800 0.123
201912 -0.220 111.200 -0.228
202003 0.126 112.300 0.129
202006 0.404 110.400 0.422
202009 0.130 111.700 0.134
202012 -0.357 111.500 -0.369
202103 0.162 112.662 0.166
202106 0.302 111.769 0.311
202109 0.072 112.215 0.074
202112 -0.344 113.108 -0.350
202203 0.145 114.335 0.146
202206 0.373 114.558 0.375
202209 0.229 115.339 0.229
202212 -0.184 115.116 -0.184
202303 0.145 115.116 0.145
202306 0.355 114.558 0.357
202309 0.261 115.339 0.261
202312 -0.498 114.781 -0.500
202403 0.198 115.227 0.198

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.


Fujian Yanjing Huiquan Brewery Co  (SHSE:600573) 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.


Fujian Yanjing Huiquan Brewery Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Fujian Yanjing Huiquan Brewery Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Fujian Yanjing Huiquan Brewery Co (SHSE:600573) Business Description

Traded in Other Exchanges
N/A
Address
Fujian 157 Main Street towns, Hui'an County, Quanzhou, Fujian, CHN
Fujian Yanjing Huiquan Brewery Co Ltd manufactures beer. The company has three facilities for the production of beer. The product portfolio includes - Huiquan Yimai beer, Huiquan small fresh beer, Huiquan pure draft beer, Huiquan European knight beer, and Huiquan bottled canned beer.
Executives
Chen Xin Hua Supervisors
Xu Yan Ping senior management
Cheng Han Chuan Director

Fujian Yanjing Huiquan Brewery Co (SHSE:600573) Headlines

No Headlines