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Shanghai Electric Group Co (SHSE:601727) Cyclically Adjusted Price-to-FCF : (As of Jun. 07, 2024)


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What is Shanghai Electric Group Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Electric Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shanghai Electric 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.

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Shanghai Electric Group Co Cyclically Adjusted Price-to-FCF Chart

Shanghai Electric 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 34.26 48.37 115.97 137.29 277.15

Shanghai Electric 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 3,341.44 - - 277.15 -

Competitive Comparison of Shanghai Electric Group Co's Cyclically Adjusted Price-to-FCF

For the Specialty Industrial Machinery subindustry, Shanghai Electric 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.


Shanghai Electric Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Electric Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Shanghai Electric 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.

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

For example, Shanghai Electric 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)
=-0.503/115.2271*115.2271
=-0.503

Current CPI (Mar. 2024) = 115.2271.

Shanghai Electric Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.037 98.200 0.043
201409 -0.102 98.900 -0.119
201412 0.488 99.000 0.568
201503 -0.313 99.900 -0.361
201506 0.132 99.500 0.153
201509 0.057 100.500 0.065
201512 0.609 100.600 0.698
201603 -0.321 102.200 -0.362
201606 0.254 101.400 0.289
201609 0.027 102.400 0.030
201612 0.684 102.600 0.768
201703 -0.547 103.200 -0.611
201706 0.002 103.100 0.002
201709 -0.322 104.100 -0.356
201712 0.078 104.500 0.086
201803 -0.814 105.300 -0.891
201806 -0.035 104.900 -0.038
201809 -0.219 106.600 -0.237
201812 1.119 106.500 1.211
201903 -0.809 107.700 -0.866
201906 0.012 107.700 0.013
201909 -0.411 109.800 -0.431
201912 1.368 111.200 1.418
202003 -0.861 112.300 -0.883
202006 -0.311 110.400 -0.325
202009 0.134 111.700 0.138
202012 0.818 111.500 0.845
202103 -0.942 112.662 -0.963
202106 -0.378 111.769 -0.390
202109 -0.209 112.215 -0.215
202112 0.518 113.108 0.528
202203 -0.634 114.335 -0.639
202206 0.114 114.558 0.115
202209 -0.225 115.339 -0.225
202212 1.020 115.116 1.021
202303 -0.656 115.116 -0.657
202306 0.293 114.558 0.295
202309 -0.029 115.339 -0.029
202312 0.732 114.781 0.735
202403 -0.503 115.227 -0.503

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 Electric Group Co  (SHSE:601727) 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 Electric Group Co Cyclically Adjusted Price-to-FCF Related Terms

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Shanghai Electric Group Co (SHSE:601727) Business Description

Traded in Other Exchanges
Address
No. 110 Sichuan Middle Road, Huangpu District, Shanghai, CHN, 200002
Shanghai Electric Group Co Ltd is an integrated equipment manufacturing group specializing in industrial equipment. Its products include thermal generator sets, nuclear power units, wind power equipment, power T&D equipment, environmental protection equipment, automation equipment, elevators, rail transit, and Industrial Internet. The operating segments are energy equipment, industrial equipment, and integrated services segments, with maximum revenue from the energy equipment segment.
Executives
Li Jing senior management

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