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Changzhou Tenglong Auto Parts Co (SHSE:603158) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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What is Changzhou Tenglong Auto Parts Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Changzhou Tenglong Auto Parts Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Changzhou Tenglong Auto Parts 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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Changzhou Tenglong Auto Parts Co Cyclically Adjusted Price-to-FCF Chart

Changzhou Tenglong Auto Parts Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Changzhou Tenglong Auto Parts 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 1,402.23 9,366.32 456.03 - -

Competitive Comparison of Changzhou Tenglong Auto Parts Co's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Changzhou Tenglong Auto Parts 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 Tenglong Auto Parts Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Changzhou Tenglong Auto Parts Co's Cyclically Adjusted Price-to-FCF falls into.



Changzhou Tenglong Auto Parts 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 Tenglong Auto Parts Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Changzhou Tenglong Auto Parts 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)
=-0.014/115.2271*115.2271
=-0.014

Current CPI (Mar. 2024) = 115.2271.

Changzhou Tenglong Auto Parts Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.118 98.200 0.138
201409 0.053 98.900 0.062
201412 0.054 99.000 0.063
201503 0.068 99.900 0.078
201506 -0.157 99.500 -0.182
201509 0.042 100.500 0.048
201512 0.005 100.600 0.006
201603 -0.014 102.200 -0.016
201606 -0.045 101.400 -0.051
201609 -0.034 102.400 -0.038
201612 -0.118 102.600 -0.133
201703 -0.028 103.200 -0.031
201706 0.000 103.100 0.000
201709 0.060 104.100 0.066
201712 0.039 104.500 0.043
201803 -0.016 105.300 -0.018
201806 0.011 104.900 0.012
201809 0.216 106.600 0.233
201812 -0.093 106.500 -0.101
201903 -0.014 107.700 -0.015
201906 0.080 107.700 0.086
201909 0.133 109.800 0.140
201912 -0.121 111.200 -0.125
202003 0.035 112.300 0.036
202006 0.128 110.400 0.134
202009 0.068 111.700 0.070
202012 -0.041 111.500 -0.042
202103 -0.168 112.662 -0.172
202106 -0.071 111.769 -0.073
202109 0.086 112.215 0.088
202112 -0.058 113.108 -0.059
202203 -0.038 114.335 -0.038
202206 0.035 114.558 0.035
202209 -0.026 115.339 -0.026
202212 -0.163 115.116 -0.163
202303 -0.029 115.116 -0.029
202306 -0.042 114.558 -0.042
202309 0.148 115.339 0.148
202312 -0.166 114.781 -0.167
202403 -0.014 115.227 -0.014

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 Tenglong Auto Parts Co  (SHSE:603158) 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 Tenglong Auto Parts Co Cyclically Adjusted Price-to-FCF Related Terms

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Changzhou Tenglong Auto Parts Co (SHSE:603158) Business Description

Traded in Other Exchanges
N/A
Address
No.15, Tenglong Road, Economic Development Zone,Wujin District, Jiangsu province, Changzhou, CHN, 213149
Changzhou Tenglong Auto Parts Co Ltd provides services for auto parts. Its engaged in the development and manufacture of auto heat exchange pipes, especially the auto air-conditioning pipes and the accessories. It also has explored its business in energy conservative and environmental protective auto parts field, including light alloy materials, EGR products, auto sensors. It offers a variety of automotive air conditioning pipes, automotive heat exchange systems connecting hard pipe and automotive heat exchange systems accessories.
Executives
Jiang Xue Zhen Director

Changzhou Tenglong Auto Parts Co (SHSE:603158) Headlines

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