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Sumec (SHSE:600710) Cyclically Adjusted Price-to-FCF : 9.98 (As of Jun. 07, 2024)


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What is Sumec Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), Sumec's current share price is ¥8.68. Sumec's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.87. Sumec's Cyclically Adjusted Price-to-FCF for today is 9.98.

The historical rank and industry rank for Sumec's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:600710' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.8   Med: 9.53   Max: 50.83
Current: 9.79

During the past years, Sumec's highest Cyclically Adjusted Price-to-FCF was 50.83. The lowest was 6.80. And the median was 9.53.

SHSE:600710's Cyclically Adjusted Price-to-FCF is ranked better than
84.85% of 99 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 24.76 vs SHSE:600710: 9.79

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.

Sumec's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-1.836. 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 ¥0.87 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sumec Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sumec'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.

Sumec Cyclically Adjusted Price-to-FCF Chart

Sumec 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 - - 21.34 7.24 6.93

Sumec 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 8.72 9.76 8.77 6.93 9.17

Competitive Comparison of Sumec's Cyclically Adjusted Price-to-FCF

For the Farm & Heavy Construction Machinery subindustry, Sumec'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.


Sumec's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Sumec's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Sumec's Cyclically Adjusted Price-to-FCF falls into.



Sumec 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.

Sumec's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=8.68/0.87
=9.98

* 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.

Sumec's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Sumec'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)
=-1.836/115.2271*115.2271
=-1.836

Current CPI (Mar. 2024) = 115.2271.

Sumec Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.013 98.200 0.015
201409 -0.152 98.900 -0.177
201412 0.172 99.000 0.200
201503 -0.097 99.900 -0.112
201506 -0.031 99.500 -0.036
201509 0.002 100.500 0.002
201512 -1.473 100.600 -1.687
201603 -1.353 102.200 -1.525
201606 0.687 101.400 0.781
201609 -1.545 102.400 -1.739
201612 -1.790 102.600 -2.010
201703 -1.775 103.200 -1.982
201706 1.482 103.100 1.656
201709 -0.476 104.100 -0.527
201712 1.579 104.500 1.741
201803 -0.469 105.300 -0.513
201806 0.497 104.900 0.546
201809 -0.385 106.600 -0.416
201812 1.392 106.500 1.506
201903 0.992 107.700 1.061
201906 -0.575 107.700 -0.615
201909 0.789 109.800 0.828
201912 0.662 111.200 0.686
202003 -3.231 112.300 -3.315
202006 3.831 110.400 3.999
202009 0.965 111.700 0.995
202012 0.472 111.500 0.488
202103 -4.008 112.662 -4.099
202106 1.459 111.769 1.504
202109 1.623 112.215 1.667
202112 5.009 113.108 5.103
202203 -1.961 114.335 -1.976
202206 1.664 114.558 1.674
202209 3.601 115.339 3.598
202212 1.307 115.116 1.308
202303 -0.798 115.116 -0.799
202306 1.207 114.558 1.214
202309 -0.314 115.339 -0.314
202312 1.770 114.781 1.777
202403 -1.836 115.227 -1.836

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.


Sumec  (SHSE:600710) 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.


Sumec Cyclically Adjusted Price-to-FCF Related Terms

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


Sumec (SHSE:600710) Business Description

Traded in Other Exchanges
N/A
Address
Changjiang Road, SUMEC Building, No. 198, Xuanwu District, Nanjing, CHN, 210018
Sumec Corp Ltd is engaged in trade and service, engineering contracting, and investment and development. The trade and service cover import and export of the bulk commodities including gardening instruments, electric tools, high-pressure washer, power generation equipment, garment, household textiles, automobile parts, medical devices, and others. Engineering contracting includes environmental engineering, energy engineering, and marine engineering; investment development includes strategic investment, industrial investment, project investment and financial investment.
Executives
Zhao Jian Guo senior management
Cai Ji Bo Director
Yang Guo Feng Supervisors
Peng Yuan Pu senior management
Jin Yong Chuan senior management
Yang Yong Qing Director
Gu Jian Su senior management
Chen Wei senior management
Wu Jian Ping Supervisors
Wang Wei Yan Director
Zou Jian Mao senior management
Jin Rong Hua Supervisors

Sumec (SHSE:600710) Headlines

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