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Changzhou Xingyu Automotive Lighting Systems Co (SHSE:601799) Cyclically Adjusted Price-to-FCF : 189.61 (As of May. 28, 2024)


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What is Changzhou Xingyu Automotive Lighting Systems Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-28), Changzhou Xingyu Automotive Lighting Systems Co's current share price is ¥121.35. Changzhou Xingyu Automotive Lighting Systems Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.64. Changzhou Xingyu Automotive Lighting Systems Co's Cyclically Adjusted Price-to-FCF for today is 189.61.

The historical rank and industry rank for Changzhou Xingyu Automotive Lighting Systems Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:601799' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 147.5   Med: 237.65   Max: 371.36
Current: 190.89

During the past years, Changzhou Xingyu Automotive Lighting Systems Co's highest Cyclically Adjusted Price-to-FCF was 371.36. The lowest was 147.50. And the median was 237.65.

SHSE:601799's Cyclically Adjusted Price-to-FCF is ranked worse than
92.45% of 477 companies
in the Vehicles & Parts industry
Industry Median: 21.54 vs SHSE:601799: 190.89

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.

Changzhou Xingyu Automotive Lighting Systems Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.385. 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 ¥0.64 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Changzhou Xingyu Automotive Lighting Systems Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Changzhou Xingyu Automotive Lighting Systems 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.

Changzhou Xingyu Automotive Lighting Systems Co Cyclically Adjusted Price-to-FCF Chart

Changzhou Xingyu Automotive Lighting Systems 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 228.76 241.14 374.11 156.56 198.06

Changzhou Xingyu Automotive Lighting Systems 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 167.45 223.94 298.47 198.06 219.50

Competitive Comparison of Changzhou Xingyu Automotive Lighting Systems Co's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Changzhou Xingyu Automotive Lighting Systems 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.


Changzhou Xingyu Automotive Lighting Systems Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Changzhou Xingyu Automotive Lighting Systems Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Changzhou Xingyu Automotive Lighting Systems Co's Cyclically Adjusted Price-to-FCF falls into.



Changzhou Xingyu Automotive Lighting Systems 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.

Changzhou Xingyu Automotive Lighting Systems Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=121.35/0.64
=189.61

* 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.

Changzhou Xingyu Automotive Lighting Systems Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Changzhou Xingyu Automotive Lighting Systems 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)
=-0.385/115.2271*115.2271
=-0.385

Current CPI (Mar. 2024) = 115.2271.

Changzhou Xingyu Automotive Lighting Systems Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.037 98.200 -0.043
201409 0.215 98.900 0.250
201412 0.524 99.000 0.610
201503 -0.382 99.900 -0.441
201506 -0.058 99.500 -0.067
201509 0.355 100.500 0.407
201512 0.048 100.600 0.055
201603 0.096 102.200 0.108
201606 0.172 101.400 0.195
201609 -0.106 102.400 -0.119
201612 0.087 102.600 0.098
201703 0.369 103.200 0.412
201706 0.708 103.100 0.791
201709 0.319 104.100 0.353
201712 0.095 104.500 0.105
201803 -0.031 105.300 -0.034
201806 0.753 104.900 0.827
201809 0.317 106.600 0.343
201812 0.294 106.500 0.318
201903 -0.142 107.700 -0.152
201906 -0.815 107.700 -0.872
201909 0.893 109.800 0.937
201912 1.014 111.200 1.051
202003 1.528 112.300 1.568
202006 -0.529 110.400 -0.552
202009 0.701 111.700 0.723
202012 2.207 111.500 2.281
202103 -0.057 112.662 -0.058
202106 -1.366 111.769 -1.408
202109 -0.371 112.215 -0.381
202112 -0.890 113.108 -0.907
202203 1.023 114.335 1.031
202206 0.104 114.558 0.105
202209 1.000 115.339 0.999
202212 -0.546 115.116 -0.547
202303 -0.852 115.116 -0.853
202306 -1.308 114.558 -1.316
202309 -0.558 115.339 -0.557
202312 1.500 114.781 1.506
202403 -0.385 115.227 -0.385

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.


Changzhou Xingyu Automotive Lighting Systems Co  (SHSE:601799) 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.


Changzhou Xingyu Automotive Lighting Systems Co Cyclically Adjusted Price-to-FCF Related Terms

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Changzhou Xingyu Automotive Lighting Systems Co (SHSE:601799) Business Description

Traded in Other Exchanges
N/A
Address
No. 182 Qinling Road, Xinbei District, Jiangsu, Changzhou, CHN, 213022
Changzhou Xingyu Automotive Lighting Systems Co Ltd specializes in the development, manufacturing, and sale of automotive lighting in China. The company has various type of equipment namely large injection molding machines, multicolor injection molding machines, plastic surface photo-curing lines, robot gluing and paining stations, vibration, and friction welding machines, vacuum aluminum plating machines and other.
Executives
Yu Zhi Ming Director
Xu Hui Yi senior management
Zhou Xiao Ping Director
Liu Ling Ling Director
Huang He Fa Director
Zhang Rong Qian Director

Changzhou Xingyu Automotive Lighting Systems Co (SHSE:601799) Headlines

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