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Huaibei Mining Holdings Co (SHSE:600985) Cyclically Adjusted Price-to-FCF : 6.99 (As of Jun. 06, 2024)


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What is Huaibei Mining Holdings Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Huaibei Mining Holdings Co's current share price is ¥18.24. Huaibei Mining Holdings Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥2.61. Huaibei Mining Holdings Co's Cyclically Adjusted Price-to-FCF for today is 6.99.

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

SHSE:600985' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.38   Med: 7.04   Max: 478.67
Current: 7.56

During the past years, Huaibei Mining Holdings Co's highest Cyclically Adjusted Price-to-FCF was 478.67. The lowest was 4.38. And the median was 7.04.

SHSE:600985's Cyclically Adjusted Price-to-FCF is ranked better than
86.28% of 576 companies
in the Chemicals industry
Industry Median: 24.635 vs SHSE:600985: 7.56

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.

Huaibei Mining Holdings Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.022. 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 ¥2.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Huaibei Mining Holdings Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Huaibei Mining Holdings 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.

Huaibei Mining Holdings Co Cyclically Adjusted Price-to-FCF Chart

Huaibei Mining Holdings 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 5.62 6.37 5.50 5.27 6.40

Huaibei Mining Holdings 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 5.56 4.49 5.44 6.40 6.37

Competitive Comparison of Huaibei Mining Holdings Co's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, Huaibei Mining Holdings 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.


Huaibei Mining Holdings Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

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

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



Huaibei Mining Holdings 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.

Huaibei Mining Holdings Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=18.24/2.61
=6.99

* 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.

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

For example, Huaibei Mining Holdings 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)
=-0.022/115.2271*115.2271
=-0.022

Current CPI (Mar. 2024) = 115.2271.

Huaibei Mining Holdings Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.053 98.200 0.062
201409 0.027 98.900 0.031
201412 0.086 99.000 0.100
201503 -0.171 99.900 -0.197
201506 0.162 99.500 0.188
201509 -0.398 100.500 -0.456
201512 0.071 100.600 0.081
201603 -1.305 102.200 -1.471
201606 0.189 101.400 0.215
201609 -0.008 102.400 -0.009
201612 0.543 102.600 0.610
201703 -0.020 103.200 -0.022
201706 0.125 103.100 0.140
201709 0.002 104.100 0.002
201712 11.328 104.500 12.491
201803 0.527 105.300 0.577
201806 0.896 104.900 0.984
201809 0.813 106.600 0.879
201812 0.981 106.500 1.061
201903 0.443 107.700 0.474
201906 0.734 107.700 0.785
201909 1.160 109.800 1.217
201912 0.376 111.200 0.390
202003 -0.213 112.300 -0.219
202006 0.480 110.400 0.501
202009 0.540 111.700 0.557
202012 -0.817 111.500 -0.844
202103 0.140 112.662 0.143
202106 0.898 111.769 0.926
202109 0.599 112.215 0.615
202112 0.649 113.108 0.661
202203 0.492 114.335 0.496
202206 1.816 114.558 1.827
202209 1.007 115.339 1.006
202212 0.419 115.116 0.419
202303 -0.107 115.116 -0.107
202306 1.425 114.558 1.433
202309 -0.004 115.339 -0.004
202312 0.569 114.781 0.571
202403 -0.022 115.227 -0.022

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.


Huaibei Mining Holdings Co  (SHSE:600985) 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.


Huaibei Mining Holdings Co Cyclically Adjusted Price-to-FCF Related Terms

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Huaibei Mining Holdings Co (SHSE:600985) Business Description

Traded in Other Exchanges
N/A
Address
Dong Shan Road, Anhui Province, Huaibei, CHN, 235042
Huaibei Mining Holdings Co Ltd, formerly Anhui Leimingkehua Co Ltd is engaged in the manufacture and sales of civil explosive products. The company principally provides industrial explosives and detonators, contract mining and urban blasting. The company has a number of civilian explosive production bases, and its sales network covers 21 provinces and cities including Anhui, Jiangsu, Henan, Qinghai, Inner Mongolia and Fujian.

Huaibei Mining Holdings Co (SHSE:600985) Headlines

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