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Anhui Kouzi Distillery Co (SHSE:603589) Cyclically Adjusted Price-to-FCF : 41.27 (As of May. 26, 2024)


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What is Anhui Kouzi Distillery Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Anhui Kouzi Distillery Co's current share price is ¥42.92. Anhui Kouzi Distillery Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥1.04. Anhui Kouzi Distillery Co's Cyclically Adjusted Price-to-FCF for today is 41.27.

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

SHSE:603589' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 36.63   Med: 49.55   Max: 74.11
Current: 41.89

During the past years, Anhui Kouzi Distillery Co's highest Cyclically Adjusted Price-to-FCF was 74.11. The lowest was 36.63. And the median was 49.55.

SHSE:603589's Cyclically Adjusted Price-to-FCF is ranked worse than
68.18% of 110 companies
in the Beverages - Alcoholic industry
Industry Median: 29.655 vs SHSE:603589: 41.89

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.

Anhui Kouzi Distillery Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.241. 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 ¥1.04 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Anhui Kouzi Distillery Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Anhui Kouzi Distillery 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.

Anhui Kouzi Distillery Co Cyclically Adjusted Price-to-FCF Chart

Anhui Kouzi Distillery 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 - - - - 43.92

Anhui Kouzi Distillery 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 73.95 51.83 52.24 43.92 39.02

Competitive Comparison of Anhui Kouzi Distillery Co's Cyclically Adjusted Price-to-FCF

For the Beverages - Wineries & Distilleries subindustry, Anhui Kouzi Distillery 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.


Anhui Kouzi Distillery Co's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Anhui Kouzi Distillery Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Anhui Kouzi Distillery Co's Cyclically Adjusted Price-to-FCF falls into.



Anhui Kouzi Distillery 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.

Anhui Kouzi Distillery Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=42.92/1.04
=41.27

* 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.

Anhui Kouzi Distillery Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Anhui Kouzi Distillery 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)
=-0.241/115.2271*115.2271
=-0.241

Current CPI (Mar. 2024) = 115.2271.

Anhui Kouzi Distillery Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.031 98.200 0.036
201409 -0.014 98.900 -0.016
201412 0.381 99.000 0.443
201503 -0.304 99.900 -0.351
201506 0.320 99.500 0.371
201509 0.420 100.500 0.482
201512 0.321 100.600 0.368
201603 -0.314 102.200 -0.354
201606 0.183 101.400 0.208
201609 0.512 102.400 0.576
201612 0.397 102.600 0.446
201703 0.288 103.200 0.322
201706 0.086 103.100 0.096
201709 0.748 104.100 0.828
201712 1.208 104.500 1.332
201803 -0.401 105.300 -0.439
201806 0.134 104.900 0.147
201809 0.521 106.600 0.563
201812 1.151 106.500 1.245
201903 0.031 107.700 0.033
201906 0.176 107.700 0.188
201909 0.619 109.800 0.650
201912 1.111 111.200 1.151
202003 -0.585 112.300 -0.600
202006 -0.314 110.400 -0.328
202009 0.214 111.700 0.221
202012 0.877 111.500 0.906
202103 -0.708 112.662 -0.724
202106 -0.091 111.769 -0.094
202109 0.491 112.215 0.504
202112 0.614 113.108 0.626
202203 0.049 114.335 0.049
202206 -0.959 114.558 -0.965
202209 0.444 115.339 0.444
202212 1.186 115.116 1.187
202303 -0.498 115.116 -0.498
202306 0.282 114.558 0.284
202309 0.551 115.339 0.550
202312 0.703 114.781 0.706
202403 -0.241 115.227 -0.241

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.


Anhui Kouzi Distillery Co  (SHSE:603589) 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.


Anhui Kouzi Distillery Co Cyclically Adjusted Price-to-FCF Related Terms

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Anhui Kouzi Distillery Co (SHSE:603589) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Xiangshan South Road, Anhui Province, Huaibei, CHN, 235034
Anhui Kouzi Distillery Co Ltd is a China-based wine brewing company. It is engaged in the business of production, manufacturing, and selling of wine and glass products.
Executives
Zhang Guo Qiang Director
Liu An Sheng Supervisors
Feng Ben Lian Supervisors
Lv Jia Fang Supervisors

Anhui Kouzi Distillery Co (SHSE:603589) Headlines

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