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Wangfujing Group Co (SHSE:600859) Cyclically Adjusted Price-to-FCF : 13.20 (As of May. 15, 2024)


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What is Wangfujing Group Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), Wangfujing Group Co's current share price is ¥13.60. Wangfujing Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥1.03. Wangfujing Group Co's Cyclically Adjusted Price-to-FCF for today is 13.20.

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

SHSE:600859' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.8   Med: 12.69   Max: 64.15
Current: 13.06

During the past years, Wangfujing Group Co's highest Cyclically Adjusted Price-to-FCF was 64.15. The lowest was 7.80. And the median was 12.69.

SHSE:600859's Cyclically Adjusted Price-to-FCF is ranked worse than
50.69% of 436 companies
in the Retail - Cyclical industry
Industry Median: 13.01 vs SHSE:600859: 13.06

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.

Wangfujing Group Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.179. 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 ¥1.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wangfujing Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Wangfujing Group 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.

Wangfujing Group Co Cyclically Adjusted Price-to-FCF Chart

Wangfujing Group 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 10.98 33.49 29.98 37.79 17.95

Wangfujing Group 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 29.14 20.39 21.93 17.95 12.89

Competitive Comparison of Wangfujing Group Co's Cyclically Adjusted Price-to-FCF

For the Department Stores subindustry, Wangfujing Group 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.


Wangfujing Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

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

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



Wangfujing Group 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.

Wangfujing Group Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=13.60/1.03
=13.20

* 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.

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

For example, Wangfujing Group 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)
=0.179/114.6694*114.6694
=0.179

Current CPI (Mar. 2024) = 114.6694.

Wangfujing Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.146 98.200 -0.170
201409 0.367 98.900 0.426
201412 0.691 99.000 0.800
201503 -0.457 99.900 -0.525
201506 0.031 99.500 0.036
201509 0.705 100.500 0.804
201512 0.564 100.600 0.643
201603 -0.579 102.200 -0.650
201606 0.337 101.400 0.381
201609 0.620 102.400 0.694
201612 0.769 102.600 0.859
201703 -0.478 103.200 -0.531
201706 0.403 103.100 0.448
201709 0.357 104.100 0.393
201712 0.676 104.500 0.742
201803 -0.114 105.300 -0.124
201806 -0.164 104.900 -0.179
201809 0.707 106.600 0.761
201812 0.153 106.500 0.165
201903 -0.222 107.700 -0.236
201906 0.128 107.700 0.136
201909 0.716 109.800 0.748
201912 -0.238 111.200 -0.245
202003 -2.107 112.300 -2.151
202006 0.694 110.400 0.721
202009 1.259 111.700 1.292
202012 0.146 111.500 0.150
202103 0.135 112.662 0.137
202106 0.479 111.769 0.491
202109 0.744 112.215 0.760
202112 0.235 113.108 0.238
202203 -0.379 114.335 -0.380
202206 0.601 114.558 0.602
202209 0.745 115.339 0.741
202212 -0.164 115.116 -0.163
202303 0.986 115.116 0.982
202306 0.323 114.558 0.323
202309 0.550 115.339 0.547
202312 0.500 114.669 0.500
202403 0.179 114.669 0.179

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.


Wangfujing Group Co  (SHSE:600859) 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.


Wangfujing Group Co Cyclically Adjusted Price-to-FCF Related Terms

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Wangfujing Group Co (SHSE:600859) Business Description

Traded in Other Exchanges
N/A
Address
No. 251-253 Wangfujing Avenue, Dongcheng District, Beijing, Beijing, CHN, 100006
Wangfujing Group Co Ltd is engaged in the development of the retailing business. It owns and operates department stores in Beijing. Wangfujing's retail network covers seven economic regions in South China, Southwest China, Central China, Northwest China, North China, Northeast China, and East China.

Wangfujing Group Co (SHSE:600859) Headlines

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