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Soochow Securities Co (SHSE:601555) Cyclically Adjusted Price-to-FCF : 29.23 (As of Jun. 03, 2024)


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What is Soochow Securities Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-03), Soochow Securities Co's current share price is ¥6.43. Soochow Securities Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.22. Soochow Securities Co's Cyclically Adjusted Price-to-FCF for today is 29.23.

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

SHSE:601555' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 28.5   Med: 30.41   Max: 31.82
Current: 28.9

During the past years, Soochow Securities Co's highest Cyclically Adjusted Price-to-FCF was 31.82. The lowest was 28.50. And the median was 30.41.

SHSE:601555's Cyclically Adjusted Price-to-FCF is ranked worse than
66.39% of 238 companies
in the Capital Markets industry
Industry Median: 18.385 vs SHSE:601555: 28.90

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.

Soochow Securities Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥2.975. 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 ¥0.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Soochow Securities Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Soochow Securities 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.

Soochow Securities Co Cyclically Adjusted Price-to-FCF Chart

Soochow Securities Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Soochow Securities 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 - - - - 30.69

Competitive Comparison of Soochow Securities Co's Cyclically Adjusted Price-to-FCF

For the Capital Markets subindustry, Soochow Securities 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.


Soochow Securities Co's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Soochow Securities Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Soochow Securities 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.

Soochow Securities Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.43/0.22
=29.23

* 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.

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

For example, Soochow Securities 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)
=2.975/115.2271*115.2271
=2.975

Current CPI (Mar. 2024) = 115.2271.

Soochow Securities Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.482 98.200 0.566
201409 -0.968 98.900 -1.128
201412 0.898 99.000 1.045
201503 1.719 99.900 1.983
201506 5.636 99.500 6.527
201509 -5.266 100.500 -6.038
201512 -2.626 100.600 -3.008
201603 -0.798 102.200 -0.900
201606 -0.083 101.400 -0.094
201609 -1.524 102.400 -1.715
201612 0.470 102.600 0.528
201703 -1.688 103.200 -1.885
201706 -1.117 103.100 -1.248
201709 -0.438 104.100 -0.485
201712 -1.667 104.500 -1.838
201803 1.135 105.300 1.242
201806 -0.457 104.900 -0.502
201809 0.146 106.600 0.158
201812 1.489 106.500 1.611
201903 1.604 107.700 1.716
201906 -1.207 107.700 -1.291
201909 -0.825 109.800 -0.866
201912 0.795 111.200 0.824
202003 1.195 112.300 1.226
202006 0.741 110.400 0.773
202009 -2.642 111.700 -2.725
202012 0.514 111.500 0.531
202103 1.244 112.662 1.272
202106 -0.889 111.769 -0.917
202109 1.285 112.215 1.319
202112 0.779 113.108 0.794
202203 3.840 114.335 3.870
202206 0.032 114.558 0.032
202209 -3.402 115.339 -3.399
202212 3.328 115.116 3.331
202303 -0.180 115.116 -0.180
202306 -2.778 114.558 -2.794
202309 -1.261 115.339 -1.260
202312 2.172 114.781 2.180
202403 2.975 115.227 2.975

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.


Soochow Securities Co  (SHSE:601555) 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.


Soochow Securities Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Soochow Securities Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Soochow Securities Co (SHSE:601555) Business Description

Traded in Other Exchanges
N/A
Address
No.5 Xingyang Street, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN, 215021
Soochow Securities Co Ltd is a securities company. Its businesses include securities brokerage, investment banking, securities investing, asset management, fixed-income investing, margin financing and wealth management. The group also act as a support system of research consulting, information technology and risk management, creating a co-development and win-win cooperation future for customers. Geographically the activities are carried out through China.

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