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MeiHua Holdings Group Co (SHSE:600873) Cyclically Adjusted Price-to-FCF : 15.07 (As of Jun. 07, 2024)


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What is MeiHua Holdings Group Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), MeiHua Holdings Group Co's current share price is ¥10.70. MeiHua Holdings Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.71. MeiHua Holdings Group Co's Cyclically Adjusted Price-to-FCF for today is 15.07.

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

SHSE:600873' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.66   Med: 21.94   Max: 95
Current: 15.17

During the past years, MeiHua Holdings Group Co's highest Cyclically Adjusted Price-to-FCF was 95.00. The lowest was 12.66. And the median was 21.94.

SHSE:600873's Cyclically Adjusted Price-to-FCF is ranked better than
67.71% of 576 companies
in the Chemicals industry
Industry Median: 24.635 vs SHSE:600873: 15.17

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.

MeiHua Holdings Group Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.145. 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 ¥0.71 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MeiHua Holdings Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for MeiHua Holdings 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.

MeiHua Holdings Group Co Cyclically Adjusted Price-to-FCF Chart

MeiHua Holdings 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 - 34.83 21.76 17.82 13.48

MeiHua Holdings 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 16.00 13.43 13.31 13.48 14.48

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

For the Specialty Chemicals subindustry, MeiHua Holdings 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.


MeiHua Holdings Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, MeiHua Holdings Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



MeiHua Holdings 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.

MeiHua Holdings 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
=10.70/0.71
=15.07

* 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.

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

For example, MeiHua Holdings 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)
=-0.145/115.2271*115.2271
=-0.145

Current CPI (Mar. 2024) = 115.2271.

MeiHua Holdings Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.101 98.200 0.119
201409 0.154 98.900 0.179
201412 -0.101 99.000 -0.118
201503 0.254 99.900 0.293
201506 0.186 99.500 0.215
201509 0.189 100.500 0.217
201512 0.306 100.600 0.350
201603 0.073 102.200 0.082
201606 0.322 101.400 0.366
201609 0.297 102.400 0.334
201612 0.205 102.600 0.230
201703 0.078 103.200 0.087
201706 0.118 103.100 0.132
201709 0.066 104.100 0.073
201712 0.069 104.500 0.076
201803 -0.070 105.300 -0.077
201806 0.209 104.900 0.230
201809 0.156 106.600 0.169
201812 -0.128 106.500 -0.138
201903 -0.022 107.700 -0.024
201906 0.077 107.700 0.082
201909 0.271 109.800 0.284
201912 0.192 111.200 0.199
202003 -0.010 112.300 -0.010
202006 0.207 110.400 0.216
202009 0.088 111.700 0.091
202012 -0.025 111.500 -0.026
202103 -0.198 112.662 -0.203
202106 0.394 111.769 0.406
202109 0.637 112.215 0.654
202112 0.083 113.108 0.085
202203 0.163 114.335 0.164
202206 0.802 114.558 0.807
202209 0.498 115.339 0.498
202212 -0.107 115.116 -0.107
202303 -0.023 115.116 -0.023
202306 0.513 114.558 0.516
202309 0.825 115.339 0.824
202312 0.006 114.781 0.006
202403 -0.145 115.227 -0.145

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.


MeiHua Holdings Group Co  (SHSE:600873) 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.


MeiHua Holdings Group Co Cyclically Adjusted Price-to-FCF Related Terms

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MeiHua Holdings Group Co (SHSE:600873) Business Description

Traded in Other Exchanges
N/A
Address
No.66 Huaxiang Road, Economic and Technical Development Area, Hebei Province, Langfang, CHN, 065001
MeiHua Holdings Group Co Ltd is a China-based supplier of amino acid nutrition and health solution. Its products include Food additives, condiment, colloid, Amino acids, capsule, fertilizer and among others. It has professional amino acid detection and analysis center within China.
Executives
Chang Li Bin Supervisors
He Jun Directors, senior managers
Wang You senior management
Wang Ai Jun Director
Liu Xian Fang senior management
Wang Li Hong senior management
Liang Yu Bo Directors, senior managers
Wang Wei senior management

MeiHua Holdings Group Co (SHSE:600873) Headlines

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