GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Beijing Cuiwei Tower Co Ltd (SHSE:603123) » Definitions » Cyclically Adjusted Price-to-FCF

Beijing Cuiwei Tower Co (SHSE:603123) Cyclically Adjusted Price-to-FCF : 41.75 (As of May. 28, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Beijing Cuiwei Tower Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-28), Beijing Cuiwei Tower Co's current share price is ¥6.68. Beijing Cuiwei Tower Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.16. Beijing Cuiwei Tower Co's Cyclically Adjusted Price-to-FCF for today is 41.75.

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

SHSE:603123' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 32.6   Med: 122.95   Max: 795.5
Current: 43.52

During the past years, Beijing Cuiwei Tower Co's highest Cyclically Adjusted Price-to-FCF was 795.50. The lowest was 32.60. And the median was 122.95.

SHSE:603123's Cyclically Adjusted Price-to-FCF is ranked worse than
84.76% of 105 companies
in the Credit Services industry
Industry Median: 9.9 vs SHSE:603123: 43.52

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.

Beijing Cuiwei Tower Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.073. 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 ¥0.16 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beijing Cuiwei Tower Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Beijing Cuiwei Tower 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.

Beijing Cuiwei Tower Co Cyclically Adjusted Price-to-FCF Chart

Beijing Cuiwei Tower 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 - - 33.19 138.32 68.36

Beijing Cuiwei Tower 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 717.28 223.55 895.56 68.36 51.78

Competitive Comparison of Beijing Cuiwei Tower Co's Cyclically Adjusted Price-to-FCF

For the Credit Services subindustry, Beijing Cuiwei Tower 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.


Beijing Cuiwei Tower Co's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Beijing Cuiwei Tower Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Beijing Cuiwei Tower Co's Cyclically Adjusted Price-to-FCF falls into.



Beijing Cuiwei Tower 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.

Beijing Cuiwei Tower Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.68/0.16
=41.75

* 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.

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

For example, Beijing Cuiwei Tower 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)
=-0.073/115.2271*115.2271
=-0.073

Current CPI (Mar. 2024) = 115.2271.

Beijing Cuiwei Tower Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.068 98.200 -0.080
201409 0.181 98.900 0.211
201412 -0.061 99.000 -0.071
201503 0.067 99.900 0.077
201506 -0.124 99.500 -0.144
201509 0.288 100.500 0.330
201512 0.125 100.600 0.143
201603 0.032 102.200 0.036
201606 0.075 101.400 0.085
201609 0.126 102.400 0.142
201612 0.098 102.600 0.110
201703 -0.015 103.200 -0.017
201706 -0.016 103.100 -0.018
201709 0.341 104.100 0.377
201712 -0.099 104.500 -0.109
201803 0.012 105.300 0.013
201806 0.016 104.900 0.018
201809 0.229 106.600 0.248
201812 0.098 106.500 0.106
201903 -0.064 107.700 -0.068
201906 0.092 107.700 0.098
201909 0.291 109.800 0.305
201912 0.201 111.200 0.208
202003 -0.395 112.300 -0.405
202006 -0.291 110.400 -0.304
202009 0.531 111.700 0.548
202012 0.165 111.500 0.171
202103 -0.281 112.662 -0.287
202106 -0.082 111.769 -0.085
202109 -0.111 112.215 -0.114
202112 0.416 113.108 0.424
202203 -0.198 114.335 -0.200
202206 0.048 114.558 0.048
202209 0.046 115.339 0.046
202212 0.221 115.116 0.221
202303 0.006 115.116 0.006
202306 -0.393 114.558 -0.395
202309 0.119 115.339 0.119
202312 -0.147 114.781 -0.148
202403 -0.073 115.227 -0.073

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.


Beijing Cuiwei Tower Co  (SHSE:603123) 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.


Beijing Cuiwei Tower Co Cyclically Adjusted Price-to-FCF Related Terms

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


Beijing Cuiwei Tower Co (SHSE:603123) Business Description

Traded in Other Exchanges
N/A
Address
No. 33, Fuxing Road, Haidian District, Beijing, CHN, 100036
Beijing Cuiwei Tower Co Ltd is engaged in department stores retail business. Its retailing products mainly include cosmetics, household appliances, and supermarket products. The company has three major commercial brands, namely Cuiwei Department Store, Contemporary Mall and Ganjiakou Department Store, and seven large department stores, which integrates department store, supermarket, catering, leisure and entertainment, and other urban quality life services.

Beijing Cuiwei Tower Co (SHSE:603123) Headlines

No Headlines