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Daqo New Energy (STU:5DQ2) Cyclically Adjusted Price-to-FCF : 3.99 (As of Jun. 10, 2024)


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What is Daqo New Energy Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Daqo New Energy's current share price is €19.25. Daqo New Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €4.82. Daqo New Energy's Cyclically Adjusted Price-to-FCF for today is 3.99.

The historical rank and industry rank for Daqo New Energy's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

STU:5DQ2' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.09   Med: 23.72   Max: 1375.89
Current: 3.78

During the past years, Daqo New Energy's highest Cyclically Adjusted Price-to-FCF was 1375.89. The lowest was 3.09. And the median was 23.72.

STU:5DQ2's Cyclically Adjusted Price-to-FCF is ranked better than
97.39% of 345 companies
in the Semiconductors industry
Industry Median: 40.29 vs STU:5DQ2: 3.78

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.

Daqo New Energy's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €-4.289. 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 €4.82 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daqo New Energy Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Daqo New Energy'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.

Daqo New Energy Cyclically Adjusted Price-to-FCF Chart

Daqo New Energy 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 - 652.76 44.40 10.00 4.60

Daqo New Energy 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 10.11 8.62 5.42 4.60 5.31

Competitive Comparison of Daqo New Energy's Cyclically Adjusted Price-to-FCF

For the Semiconductor Equipment & Materials subindustry, Daqo New Energy'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.


Daqo New Energy's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Daqo New Energy's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Daqo New Energy's Cyclically Adjusted Price-to-FCF falls into.



Daqo New Energy 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.

Daqo New Energy's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=19.25/4.82
=3.99

* 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.

Daqo New Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Daqo New Energy'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)
=-4.289/115.2271*115.2271
=-4.289

Current CPI (Mar. 2024) = 115.2271.

Daqo New Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.056 98.200 -0.066
201409 -0.550 98.900 -0.641
201412 -0.121 99.000 -0.141
201503 -0.463 99.900 -0.534
201506 0.169 99.500 0.196
201509 0.198 100.500 0.227
201512 -0.205 100.600 -0.235
201603 0.092 102.200 0.104
201606 0.308 101.400 0.350
201609 -0.248 102.400 -0.279
201612 0.414 102.600 0.465
201703 0.221 103.200 0.247
201706 0.468 103.100 0.523
201709 0.584 104.100 0.646
201712 0.001 104.500 0.001
201803 0.209 105.300 0.229
201806 0.015 104.900 0.016
201809 -0.343 106.600 -0.371
201812 -0.475 106.500 -0.514
201903 -0.171 107.700 -0.183
201906 0.245 107.700 0.262
201909 0.405 109.800 0.425
201912 -1.293 111.200 -1.340
202003 0.368 112.300 0.378
202006 0.185 110.400 0.193
202009 0.268 111.700 0.276
202012 1.498 111.500 1.548
202103 0.952 112.662 0.974
202106 3.064 111.769 3.159
202109 2.337 112.215 2.400
202112 -0.162 113.108 -0.165
202203 1.541 114.335 1.553
202206 11.061 114.558 11.126
202209 7.487 115.339 7.480
202212 8.917 115.116 8.926
202303 6.279 115.116 6.285
202306 -0.248 114.558 -0.249
202309 8.986 115.339 8.977
202312 1.508 114.781 1.514
202403 -4.289 115.227 -4.289

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.


Daqo New Energy  (STU:5DQ2) 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.


Daqo New Energy Cyclically Adjusted Price-to-FCF Related Terms

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Daqo New Energy (STU:5DQ2) Business Description

Industry
Traded in Other Exchanges
Address
No. 838 Zhangyang Road, Room C,29th Floor, Unit 29, Huadu Mansion, Pudong, Shanghai, CHN, 200122
Daqo New Energy Corp is a polysilicon manufacturer based in China. The company is engaged in the manufacturing and selling of high-purity polysilicon to photovoltaic product manufacturers who processed polysilicon into ingots, cells, and modules for solar power solutions. It offers ready-to-use polysilicon, packaged to meet crucible stacking, pulling, and solidification needs. All of its revenues gets derived from the People's Republic of China.

Daqo New Energy (STU:5DQ2) Headlines

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