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Jason Furniture (Hangzhou) Co (SHSE:603816) Cyclically Adjusted Price-to-FCF : 41.65 (As of May. 14, 2024)


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What is Jason Furniture (Hangzhou) Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-14), Jason Furniture (Hangzhou) Co's current share price is ¥35.82. Jason Furniture (Hangzhou) Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was ¥0.86. Jason Furniture (Hangzhou) Co's Cyclically Adjusted Price-to-FCF for today is 41.65.

The historical rank and industry rank for Jason Furniture (Hangzhou) Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SHSE:603816' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 39.08   Med: 57.91   Max: 82.21
Current: 41.37

During the past 13 years, Jason Furniture (Hangzhou) Co's highest Cyclically Adjusted Price-to-FCF was 82.21. The lowest was 39.08. And the median was 57.91.

SHSE:603816's Cyclically Adjusted Price-to-FCF is ranked worse than
73.63% of 182 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 18.245 vs SHSE:603816: 41.37

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.

Jason Furniture (Hangzhou) Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was ¥0.272. 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 ¥0.86 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jason Furniture (Hangzhou) Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Jason Furniture (Hangzhou) 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.

Jason Furniture (Hangzhou) Co Cyclically Adjusted Price-to-FCF Chart

Jason Furniture (Hangzhou) 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 74.13 47.56 40.56

Jason Furniture (Hangzhou) 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 - - - 40.56 -

Competitive Comparison of Jason Furniture (Hangzhou) Co's Cyclically Adjusted Price-to-FCF

For the Furnishings, Fixtures & Appliances subindustry, Jason Furniture (Hangzhou) 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.


Jason Furniture (Hangzhou) Co's Cyclically Adjusted Price-to-FCF Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Jason Furniture (Hangzhou) Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Jason Furniture (Hangzhou) Co's Cyclically Adjusted Price-to-FCF falls into.



Jason Furniture (Hangzhou) 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.

Jason Furniture (Hangzhou) Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=35.82/0.86
=41.65

* 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.

Jason Furniture (Hangzhou) Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Jason Furniture (Hangzhou) Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.272/114.6694*114.6694
=0.272

Current CPI (Dec23) = 114.6694.

Jason Furniture (Hangzhou) Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.335 99.000 -0.388
201512 0.769 100.600 0.877
201612 1.187 102.600 1.327
201712 1.158 104.500 1.271
201812 0.382 106.500 0.411
201912 1.779 111.200 1.835
202012 1.394 111.500 1.434
202112 0.456 113.108 0.462
202212 1.134 115.116 1.130
202312 0.272 114.669 0.272

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.


Jason Furniture (Hangzhou) Co  (SHSE:603816) 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.


Jason Furniture (Hangzhou) Co Cyclically Adjusted Price-to-FCF Related Terms

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Jason Furniture (Hangzhou) Co (SHSE:603816) Business Description

Traded in Other Exchanges
N/A
Address
No.599-1, Dongning Road, Gujia Building, Jianggan District, Hangzhou, CHN
Jason Furniture (Hangzhou) Co Ltd is a China-based company engaged in the home furnishing industry. The group researches, develops, produces and sales home appliances in the living room and bedroom. The product offered by the group includes leather Sofas, Recliner Chairs, Fabric Sofas, Beds, Mattresses, Dining Chairs, Barstools, and others. Geographically, it operates through china however its products are sold in both Chinese and international market.

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