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Maoye Commercial Co (SHSE:600828) Cyclically Adjusted Price-to-FCF : 5.27 (As of May. 28, 2024)


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What is Maoye Commercial Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-28), Maoye Commercial Co's current share price is ¥2.95. Maoye Commercial Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.56. Maoye Commercial Co's Cyclically Adjusted Price-to-FCF for today is 5.27.

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

SHSE:600828' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.95   Med: 14.45   Max: 721
Current: 5.3

During the past years, Maoye Commercial Co's highest Cyclically Adjusted Price-to-FCF was 721.00. The lowest was 4.95. And the median was 14.45.

SHSE:600828's Cyclically Adjusted Price-to-FCF is ranked better than
79.77% of 430 companies
in the Retail - Cyclical industry
Industry Median: 12.645 vs SHSE:600828: 5.30

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.

Maoye Commercial Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.218. 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 ¥0.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maoye Commercial Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Maoye Commercial 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.

Maoye Commercial Co Cyclically Adjusted Price-to-FCF Chart

Maoye Commercial 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 11.27 9.10 7.51 7.67 6.61

Maoye Commercial 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 7.47 6.69 7.02 6.61 5.88

Competitive Comparison of Maoye Commercial Co's Cyclically Adjusted Price-to-FCF

For the Department Stores subindustry, Maoye Commercial 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.


Maoye Commercial Co's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Maoye Commercial Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Maoye Commercial 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.

Maoye Commercial Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.95/0.56
=5.27

* 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.

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

For example, Maoye Commercial 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)
=0.218/115.2271*115.2271
=0.218

Current CPI (Mar. 2024) = 115.2271.

Maoye Commercial Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.160 98.200 -0.188
201409 -0.029 98.900 -0.034
201412 0.201 99.000 0.234
201503 0.173 99.900 0.200
201506 -0.358 99.500 -0.415
201509 0.128 100.500 0.147
201512 0.760 100.600 0.871
201603 -0.261 102.200 -0.294
201606 0.033 101.400 0.037
201609 0.179 102.400 0.201
201612 -0.091 102.600 -0.102
201703 0.003 103.200 0.003
201706 0.286 103.100 0.320
201709 0.072 104.100 0.080
201712 0.309 104.500 0.341
201803 0.179 105.300 0.196
201806 0.168 104.900 0.185
201809 0.339 106.600 0.366
201812 0.812 106.500 0.879
201903 -0.035 107.700 -0.037
201906 0.114 107.700 0.122
201909 0.123 109.800 0.129
201912 0.525 111.200 0.544
202003 -0.386 112.300 -0.396
202006 0.116 110.400 0.121
202009 0.093 111.700 0.096
202012 0.333 111.500 0.344
202103 0.090 112.662 0.092
202106 0.044 111.769 0.045
202109 -0.042 112.215 -0.043
202112 0.526 113.108 0.536
202203 0.064 114.335 0.064
202206 0.136 114.558 0.137
202209 -0.079 115.339 -0.079
202212 0.161 115.116 0.161
202303 0.169 115.116 0.169
202306 0.167 114.558 0.168
202309 0.015 115.339 0.015
202312 0.150 114.781 0.151
202403 0.218 115.227 0.218

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.


Maoye Commercial Co  (SHSE:600828) 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.


Maoye Commercial Co Cyclically Adjusted Price-to-FCF Related Terms

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Maoye Commercial Co (SHSE:600828) Business Description

Traded in Other Exchanges
N/A
Address
No. 19 Dongyu Street, Sichuan Province, Chengdu, CHN, 610011
Maoye Commercial Co Ltd, formerly Chengshang Group Co Ltd is a China-based company engaged in retail and real estate development.
Executives
Yan Yi Jia senior management
Wang Hui Supervisors

Maoye Commercial Co (SHSE:600828) Headlines

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