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Datang International Power Generation Co (SHSE:601991) Cyclically Adjusted Price-to-FCF : 27.91 (As of Jun. 06, 2024)


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What is Datang International Power Generation Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-06), Datang International Power Generation Co's current share price is ¥3.07. Datang International Power Generation Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.11. Datang International Power Generation Co's Cyclically Adjusted Price-to-FCF for today is 27.91.

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

SHSE:601991' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.75   Med: 19.77   Max: 62.5
Current: 27.72

During the past years, Datang International Power Generation Co's highest Cyclically Adjusted Price-to-FCF was 62.50. The lowest was 8.75. And the median was 19.77.

SHSE:601991's Cyclically Adjusted Price-to-FCF is ranked worse than
70.25% of 121 companies
in the Utilities - Independent Power Producers industry
Industry Median: 15.24 vs SHSE:601991: 27.72

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.

Datang International Power Generation Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.100. 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 ¥0.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Datang International Power Generation Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Datang International Power Generation 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.

Datang International Power Generation Co Cyclically Adjusted Price-to-FCF Chart

Datang International Power Generation 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 65.58 17.89 16.28 25.74 20.11

Datang International Power Generation 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 30.42 34.06 28.69 20.11 26.80

Competitive Comparison of Datang International Power Generation Co's Cyclically Adjusted Price-to-FCF

For the Utilities - Independent Power Producers subindustry, Datang International Power Generation 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.


Datang International Power Generation Co's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Datang International Power Generation Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Datang International Power Generation Co's Cyclically Adjusted Price-to-FCF falls into.



Datang International Power Generation 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.

Datang International Power Generation Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.07/0.11
=27.91

* 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.

Datang International Power Generation Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Datang International Power Generation 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)
=0.1/115.2271*115.2271
=0.100

Current CPI (Mar. 2024) = 115.2271.

Datang International Power Generation Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.191 98.200 0.224
201409 0.266 98.900 0.310
201412 -0.199 99.000 -0.232
201503 0.264 99.900 0.305
201506 0.320 99.500 0.371
201509 0.125 100.500 0.143
201512 -0.193 100.600 -0.221
201603 0.066 102.200 0.074
201606 0.322 101.400 0.366
201609 0.322 102.400 0.362
201612 -0.404 102.600 -0.454
201703 0.162 103.200 0.181
201706 0.053 103.100 0.059
201709 0.387 104.100 0.428
201712 0.010 104.500 0.011
201803 0.201 105.300 0.220
201806 -0.042 104.900 -0.046
201809 0.312 106.600 0.337
201812 -0.183 106.500 -0.198
201903 0.196 107.700 0.210
201906 0.128 107.700 0.137
201909 0.061 109.800 0.064
201912 0.009 111.200 0.009
202003 0.170 112.300 0.174
202006 0.109 110.400 0.114
202009 0.231 111.700 0.238
202012 -0.102 111.500 -0.105
202103 0.119 112.662 0.122
202106 0.105 111.769 0.108
202109 0.078 112.215 0.080
202112 -0.883 113.108 -0.900
202203 0.360 114.335 0.363
202206 0.104 114.558 0.105
202209 0.034 115.339 0.034
202212 -1.900 115.116 -1.902
202303 0.027 115.116 0.027
202306 -0.035 114.558 -0.035
202309 0.137 115.339 0.137
202312 -0.227 114.781 -0.228
202403 0.100 115.227 0.100

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.


Datang International Power Generation Co  (SHSE:601991) 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.


Datang International Power Generation Co Cyclically Adjusted Price-to-FCF Related Terms

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Datang International Power Generation Co (SHSE:601991) Business Description

Traded in Other Exchanges
Address
No.9 Guangningbo Street, Xicheng District, Beijing, CHN, 100033
Datang International Power Generation Co Ltd is one of five state-controlled independent power producers in China. The power generation businesses of the Company and its subsidiaries cover provinces, municipalities and autonomous regions across the country, whereas coalfired power generators of the Company are centralized in the Beijing-Tianjin-Hebei and southeast coastal regions. Majority of the hydropower projects are located in the south west region. Wind power and photovoltaic power projects are distributed across the country in areas with abundant resources. The operating segments of the group are: Power and heat generation segment; Coal segment and Other segments.
Executives
Liu Ji Zhen Director
Meng Fan Kui senior management
Fang Qing Hai Director

Datang International Power Generation Co (SHSE:601991) Headlines

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