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Shanxi Xinghuacun Fen Wine Factory Co (SHSE:600809) Cyclically Adjusted Price-to-FCF : 83.41 (As of May. 22, 2024)


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What is Shanxi Xinghuacun Fen Wine Factory Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-22), Shanxi Xinghuacun Fen Wine Factory Co's current share price is ¥259.42. Shanxi Xinghuacun Fen Wine Factory Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥3.11. Shanxi Xinghuacun Fen Wine Factory Co's Cyclically Adjusted Price-to-FCF for today is 83.41.

The historical rank and industry rank for Shanxi Xinghuacun Fen Wine Factory Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:600809' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 27.32   Med: 86.89   Max: 506.27
Current: 84.71

During the past years, Shanxi Xinghuacun Fen Wine Factory Co's highest Cyclically Adjusted Price-to-FCF was 506.27. The lowest was 27.32. And the median was 86.89.

SHSE:600809's Cyclically Adjusted Price-to-FCF is ranked worse than
88.79% of 107 companies
in the Beverages - Alcoholic industry
Industry Median: 29.78 vs SHSE:600809: 84.71

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.

Shanxi Xinghuacun Fen Wine Factory Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥5.737. 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 ¥3.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanxi Xinghuacun Fen Wine Factory Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shanxi Xinghuacun Fen Wine Factory 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.

Shanxi Xinghuacun Fen Wine Factory Co Cyclically Adjusted Price-to-FCF Chart

Shanxi Xinghuacun Fen Wine Factory 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 95.87 379.13 263.40 148.30 90.70

Shanxi Xinghuacun Fen Wine Factory 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 122.65 78.15 93.60 90.70 78.71

Competitive Comparison of Shanxi Xinghuacun Fen Wine Factory Co's Cyclically Adjusted Price-to-FCF

For the Beverages - Wineries & Distilleries subindustry, Shanxi Xinghuacun Fen Wine Factory 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.


Shanxi Xinghuacun Fen Wine Factory Co's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Shanxi Xinghuacun Fen Wine Factory Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shanxi Xinghuacun Fen Wine Factory Co's Cyclically Adjusted Price-to-FCF falls into.



Shanxi Xinghuacun Fen Wine Factory 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.

Shanxi Xinghuacun Fen Wine Factory Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=259.42/3.11
=83.41

* 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.

Shanxi Xinghuacun Fen Wine Factory Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shanxi Xinghuacun Fen Wine Factory 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)
=5.737/115.2271*115.2271
=5.737

Current CPI (Mar. 2024) = 115.2271.

Shanxi Xinghuacun Fen Wine Factory Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.039 98.200 0.046
201409 0.197 98.900 0.230
201412 -0.258 99.000 -0.300
201503 0.003 99.900 0.003
201506 0.133 99.500 0.154
201509 0.105 100.500 0.120
201512 -0.034 100.600 -0.039
201603 0.018 102.200 0.020
201606 0.036 101.400 0.041
201609 0.352 102.400 0.396
201612 -0.011 102.600 -0.012
201703 -0.052 103.200 -0.058
201706 0.178 103.100 0.199
201709 0.533 104.100 0.590
201712 0.090 104.500 0.099
201803 0.193 105.300 0.211
201806 -0.248 104.900 -0.272
201809 0.299 106.600 0.323
201812 0.466 106.500 0.504
201903 2.044 107.700 2.187
201906 -0.676 107.700 -0.723
201909 0.446 109.800 0.468
201912 0.511 111.200 0.530
202003 0.108 112.300 0.111
202006 0.581 110.400 0.606
202009 0.463 111.700 0.478
202012 -0.123 111.500 -0.127
202103 0.179 112.662 0.183
202106 1.568 111.769 1.617
202109 3.200 112.215 3.286
202112 1.179 113.108 1.201
202203 2.891 114.335 2.914
202206 0.932 114.558 0.937
202209 2.276 115.339 2.274
202212 1.675 115.116 1.677
202303 2.807 115.116 2.810
202306 1.350 114.558 1.358
202309 1.715 115.339 1.713
202312 -0.350 114.781 -0.351
202403 5.737 115.227 5.737

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.


Shanxi Xinghuacun Fen Wine Factory Co  (SHSE:600809) 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.


Shanxi Xinghuacun Fen Wine Factory Co Cyclically Adjusted Price-to-FCF Related Terms

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Shanxi Xinghuacun Fen Wine Factory Co (SHSE:600809) Business Description

Traded in Other Exchanges
N/A
Address
Xinghua Village, Fenyang County, Shanxi, Lvliang, CHN, 032205
Shanxi Fen Wine, or Fen Wine, is a typical light-flavored baijiu, featuring a fresher, lighter, and purer-taste compared with jiang-flavored and rich-flavored spirits. The company offers a comprehensive product portfolio, covering sub-premium, mid- to high range, and low-end products. The Fen series contributed about 90% of the company's sales revenue in 2022, including sub-premium brand Qinghua, midrange products Panama and Laobaifen, and low-end Bofen. The State-Owned Assets Supervision and Administration Commission of Shanxi province controls 51% of Fen Wine.

Shanxi Xinghuacun Fen Wine Factory Co (SHSE:600809) Headlines

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