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Yechiu Metal Recycling (China) (SHSE:601388) Cyclically Adjusted Price-to-FCF : 38.17 (As of Jun. 06, 2024)


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What is Yechiu Metal Recycling (China) Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Yechiu Metal Recycling (China)'s current share price is ¥2.29. Yechiu Metal Recycling (China)'s Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.06. Yechiu Metal Recycling (China)'s Cyclically Adjusted Price-to-FCF for today is 38.17.

The historical rank and industry rank for Yechiu Metal Recycling (China)'s Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:601388' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 25.5   Med: 60.25   Max: 227
Current: 45.5

During the past years, Yechiu Metal Recycling (China)'s highest Cyclically Adjusted Price-to-FCF was 227.00. The lowest was 25.50. And the median was 60.25.

SHSE:601388's Cyclically Adjusted Price-to-FCF is ranked worse than
71.08% of 249 companies
in the Metals & Mining industry
Industry Median: 20.97 vs SHSE:601388: 45.50

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.

Yechiu Metal Recycling (China)'s adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.086. 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 ¥0.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yechiu Metal Recycling (China) Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Yechiu Metal Recycling (China)'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.

Yechiu Metal Recycling (China) Cyclically Adjusted Price-to-FCF Chart

Yechiu Metal Recycling (China) 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 - 134.49 121.38 45.26 31.80

Yechiu Metal Recycling (China) 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 44.86 40.17 33.81 31.80 50.44

Competitive Comparison of Yechiu Metal Recycling (China)'s Cyclically Adjusted Price-to-FCF

For the Aluminum subindustry, Yechiu Metal Recycling (China)'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.


Yechiu Metal Recycling (China)'s Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Yechiu Metal Recycling (China)'s Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Yechiu Metal Recycling (China)'s Cyclically Adjusted Price-to-FCF falls into.



Yechiu Metal Recycling (China) 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.

Yechiu Metal Recycling (China)'s Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=2.29/0.06
=38.17

* 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.

Yechiu Metal Recycling (China)'s Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Yechiu Metal Recycling (China)'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)
=-0.086/115.2271*115.2271
=-0.086

Current CPI (Mar. 2024) = 115.2271.

Yechiu Metal Recycling (China) Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.038 98.200 0.045
201409 -0.023 98.900 -0.027
201412 -0.052 99.000 -0.061
201503 0.079 99.900 0.091
201506 0.001 99.500 0.001
201509 -0.212 100.500 -0.243
201512 0.043 100.600 0.049
201603 0.063 102.200 0.071
201606 -0.105 101.400 -0.119
201609 -0.030 102.400 -0.034
201612 -0.010 102.600 -0.011
201703 0.019 103.200 0.021
201706 0.012 103.100 0.013
201709 -0.052 104.100 -0.058
201712 -0.050 104.500 -0.055
201803 -0.101 105.300 -0.111
201806 0.061 104.900 0.067
201809 0.057 106.600 0.062
201812 0.052 106.500 0.056
201903 0.048 107.700 0.051
201906 0.057 107.700 0.061
201909 0.059 109.800 0.062
201912 0.127 111.200 0.132
202003 0.058 112.300 0.060
202006 0.127 110.400 0.133
202009 0.029 111.700 0.030
202012 -0.141 111.500 -0.146
202103 -0.021 112.662 -0.021
202106 0.087 111.769 0.090
202109 0.081 112.215 0.083
202112 0.013 113.108 0.013
202203 0.187 114.335 0.188
202206 -0.020 114.558 -0.020
202209 0.084 115.339 0.084
202212 0.102 115.116 0.102
202303 -0.080 115.116 -0.080
202306 -0.014 114.558 -0.014
202309 0.065 115.339 0.065
202312 0.042 114.781 0.042
202403 -0.086 115.227 -0.086

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.


Yechiu Metal Recycling (China)  (SHSE:601388) 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.


Yechiu Metal Recycling (China) Cyclically Adjusted Price-to-FCF Related Terms

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Yechiu Metal Recycling (China) (SHSE:601388) Business Description

Traded in Other Exchanges
N/A
Address
No.88 Hufuhuang Road, Fuqiao Town, Jiangsu, Taicang, CHN
Yechiu Metal Recycling (China) Ltd is engaged in the recycling, sorting, processing, melting and processing of metal resources. It involves in the collection of aluminum scrap resources from waste automobiles, construction materials, home appliances, etc. Its products are aluminum alloy ingots of various specifications and models. The products are widely used in automobiles, electrical appliances, machinery, construction, electricity, transportation, computers, packaging, hardware and other fields.
Executives
Liu Kai Min Director
Li Yi Hui Director
Gao Yu Lan senior management
senior management

Yechiu Metal Recycling (China) (SHSE:601388) Headlines

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