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Shanghai Milkground Food Tech Co (SHSE:600882) Cyclically Adjusted Price-to-FCF : (As of Jun. 04, 2024)


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What is Shanghai Milkground Food Tech Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Milkground Food Tech Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shanghai Milkground Food Tech 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.

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Shanghai Milkground Food Tech Co Cyclically Adjusted Price-to-FCF Chart

Shanghai Milkground Food Tech 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 257.21 550.65 451.23 - -

Shanghai Milkground Food Tech 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 - - - - -

Competitive Comparison of Shanghai Milkground Food Tech Co's Cyclically Adjusted Price-to-FCF

For the Packaged Foods subindustry, Shanghai Milkground Food Tech 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.


Shanghai Milkground Food Tech Co's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shanghai Milkground Food Tech Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shanghai Milkground Food Tech Co's Cyclically Adjusted Price-to-FCF falls into.



Shanghai Milkground Food Tech 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.

Shanghai Milkground Food Tech Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shanghai Milkground Food Tech 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)
=0.27/115.2271*115.2271
=0.270

Current CPI (Mar. 2024) = 115.2271.

Shanghai Milkground Food Tech Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.016 98.200 -0.019
201409 0.443 98.900 0.516
201412 0.108 99.000 0.126
201503 0.288 99.900 0.332
201506 0.028 99.500 0.032
201509 -0.198 100.500 -0.227
201512 0.376 100.600 0.431
201603 -0.239 102.200 -0.269
201606 -0.051 101.400 -0.058
201609 0.029 102.400 0.033
201612 -0.343 102.600 -0.385
201703 -0.154 103.200 -0.172
201706 -0.178 103.100 -0.199
201709 -0.144 104.100 -0.159
201712 -0.051 104.500 -0.056
201803 -0.083 105.300 -0.091
201806 -0.027 104.900 -0.030
201809 -0.076 106.600 -0.082
201812 0.101 106.500 0.109
201903 0.029 107.700 0.031
201906 0.050 107.700 0.053
201909 0.021 109.800 0.022
201912 0.311 111.200 0.322
202003 -0.049 112.300 -0.050
202006 -0.579 110.400 -0.604
202009 -0.072 111.700 -0.074
202012 0.484 111.500 0.500
202103 -0.385 112.662 -0.394
202106 -0.312 111.769 -0.322
202109 -0.244 112.215 -0.251
202112 0.456 113.108 0.465
202203 -0.640 114.335 -0.645
202206 -0.266 114.558 -0.268
202209 -0.490 115.339 -0.490
202212 -0.004 115.116 -0.004
202303 -0.356 115.116 -0.356
202306 0.155 114.558 0.156
202309 0.082 115.339 0.082
202312 0.088 114.781 0.088
202403 0.270 115.227 0.270

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.


Shanghai Milkground Food Tech Co  (SHSE:600882) 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.


Shanghai Milkground Food Tech Co Cyclically Adjusted Price-to-FCF Related Terms

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Shanghai Milkground Food Tech Co (SHSE:600882) Business Description

Traded in Other Exchanges
N/A
Address
No. 1398 Jinqiao Road, 9th Floor, Jintai Building, Pudong New District, Shanghai, CHN, 200136
Shanghai Milkground Food Tech Co Ltd is engaged in research and development, production, and sales of dairy products with a focus on cheese and liquid milk. Some of its products include Cheese sticks 100g; Cheese sticks 500g; Butter Fresh; Refined mozzarella cheese 125g; Refined mozzarella cheese 450g; Mozzarella cheese and others.
Executives
Xie Yi senior management
Ren Song Directors, senior managers
Guo Yong Lai senior management
Liu Da Yong senior management
Wang Yu Hong Supervisors
Liu Zong Shang Director
Hu Yan Chao senior management
Chai Xiu Director
Chen Yun Director
Bai Li Jun Director
Xu Wei Director

Shanghai Milkground Food Tech Co (SHSE:600882) Headlines

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