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Jinhui Liquor Co (SHSE:603919) Cyclically Adjusted Price-to-FCF : 59.23 (As of May. 28, 2024)


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What is Jinhui Liquor Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-28), Jinhui Liquor Co's current share price is ¥20.73. Jinhui Liquor Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.35. Jinhui Liquor Co's Cyclically Adjusted Price-to-FCF for today is 59.23.

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

SHSE:603919' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 55.23   Med: 72.32   Max: 83.86
Current: 60.34

During the past years, Jinhui Liquor Co's highest Cyclically Adjusted Price-to-FCF was 83.86. The lowest was 55.23. And the median was 72.32.

SHSE:603919's Cyclically Adjusted Price-to-FCF is ranked worse than
78.18% of 110 companies
in the Beverages - Alcoholic industry
Industry Median: 28.095 vs SHSE:603919: 60.34

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.

Jinhui Liquor Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.674. 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 ¥0.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jinhui Liquor Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Jinhui Liquor 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.

Jinhui Liquor Co Cyclically Adjusted Price-to-FCF Chart

Jinhui Liquor 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 - - - - 87.04

Jinhui Liquor 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 - - - 87.04 57.11

Competitive Comparison of Jinhui Liquor Co's Cyclically Adjusted Price-to-FCF

For the Beverages - Wineries & Distilleries subindustry, Jinhui Liquor 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.


Jinhui Liquor Co's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Alcoholic Industry

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

* The bar in red indicates where Jinhui Liquor Co's Cyclically Adjusted Price-to-FCF falls into.



Jinhui Liquor 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.

Jinhui Liquor Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=20.73/0.35
=59.23

* 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.

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

For example, Jinhui Liquor 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)
=0.674/115.2271*115.2271
=0.674

Current CPI (Mar. 2024) = 115.2271.

Jinhui Liquor Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201503 -0.043 99.900 -0.050
201506 0.003 99.500 0.003
201509 -0.046 100.500 -0.053
201512 0.367 100.600 0.420
201603 0.047 102.200 0.053
201606 -0.042 101.400 -0.048
201609 -0.006 102.400 -0.007
201612 0.701 102.600 0.787
201703 -0.147 103.200 -0.164
201706 -0.151 103.100 -0.169
201709 -0.149 104.100 -0.165
201712 0.114 104.500 0.126
201803 0.077 105.300 0.084
201806 -0.138 104.900 -0.152
201809 -0.549 106.600 -0.593
201812 -0.003 106.500 -0.003
201903 0.257 107.700 0.275
201906 -0.016 107.700 -0.017
201909 0.082 109.800 0.086
201912 0.063 111.200 0.065
202003 -0.208 112.300 -0.213
202006 0.132 110.400 0.138
202009 -0.210 111.700 -0.217
202012 0.681 111.500 0.704
202103 -0.108 112.662 -0.110
202106 0.206 111.769 0.212
202109 -0.348 112.215 -0.357
202112 0.678 113.108 0.691
202203 0.494 114.335 0.498
202206 -0.208 114.558 -0.209
202209 -0.292 115.339 -0.292
202212 0.478 115.116 0.478
202303 0.443 115.116 0.443
202306 0.223 114.558 0.224
202309 -0.247 115.339 -0.247
202312 0.331 114.781 0.332
202403 0.674 115.227 0.674

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.


Jinhui Liquor Co  (SHSE:603919) 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.


Jinhui Liquor Co Cyclically Adjusted Price-to-FCF Related Terms

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Jinhui Liquor Co (SHSE:603919) Business Description

Traded in Other Exchanges
N/A
Address
Huixian, Gansu Province, Longnan, CHN, 742 300
Jinhui Liquor Co Ltd engages in manufacturing and sales of wine & liquor, as well as design, development, manufacturing, and sale of packaging materials.
Executives
Wang Ning senior management

Jinhui Liquor Co (SHSE:603919) Headlines

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