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Shenzhen Cereals Holdings Co (SZSE:000019) Cyclically Adjusted Price-to-FCF : 324.50 (As of May. 29, 2024)


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What is Shenzhen Cereals Holdings Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-29), Shenzhen Cereals Holdings Co's current share price is ¥6.49. Shenzhen Cereals Holdings Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.02. Shenzhen Cereals Holdings Co's Cyclically Adjusted Price-to-FCF for today is 324.50.

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

SZSE:000019' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 319   Med: 332   Max: 364.6
Current: 364.6

During the past years, Shenzhen Cereals Holdings Co's highest Cyclically Adjusted Price-to-FCF was 364.60. The lowest was 319.00. And the median was 332.00.

SZSE:000019's Cyclically Adjusted Price-to-FCF is ranked worse than
97.76% of 714 companies
in the Consumer Packaged Goods industry
Industry Median: 23.375 vs SZSE:000019: 364.60

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.

Shenzhen Cereals Holdings Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.180. 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 ¥0.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shenzhen Cereals Holdings Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shenzhen Cereals Holdings 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.

Shenzhen Cereals Holdings Co Cyclically Adjusted Price-to-FCF Chart

Shenzhen Cereals Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Shenzhen Cereals Holdings 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 - - 1,888.07 - 362.96

Competitive Comparison of Shenzhen Cereals Holdings Co's Cyclically Adjusted Price-to-FCF

For the Packaged Foods subindustry, Shenzhen Cereals Holdings 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.


Shenzhen Cereals Holdings Co's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shenzhen Cereals Holdings Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shenzhen Cereals Holdings Co's Cyclically Adjusted Price-to-FCF falls into.



Shenzhen Cereals Holdings 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.

Shenzhen Cereals Holdings Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.49/0.02
=324.50

* 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.

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

For example, Shenzhen Cereals Holdings 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)
=0.18/115.2271*115.2271
=0.180

Current CPI (Mar. 2024) = 115.2271.

Shenzhen Cereals Holdings Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.112 98.200 -0.131
201409 -0.052 98.900 -0.061
201412 0.163 99.000 0.190
201503 0.040 99.900 0.046
201506 -0.020 99.500 -0.023
201509 -0.097 100.500 -0.111
201512 -0.085 100.600 -0.097
201603 -0.028 102.200 -0.032
201606 0.064 101.400 0.073
201609 -0.086 102.400 -0.097
201612 0.110 102.600 0.124
201703 -0.028 103.200 -0.031
201706 -0.083 103.100 -0.093
201709 -0.029 104.100 -0.032
201712 -0.100 104.500 -0.110
201803 -0.017 105.300 -0.019
201806 -0.155 104.900 -0.170
201809 0.002 106.600 0.002
201812 0.098 106.500 0.106
201903 -0.264 107.700 -0.282
201906 -0.316 107.700 -0.338
201909 0.242 109.800 0.254
201912 0.001 111.200 0.001
202003 0.171 112.300 0.175
202006 -0.299 110.400 -0.312
202009 0.207 111.700 0.214
202012 -0.118 111.500 -0.122
202103 -0.253 112.662 -0.259
202106 -0.432 111.769 -0.445
202109 0.654 112.215 0.672
202112 0.236 113.108 0.240
202203 0.137 114.335 0.138
202206 0.004 114.558 0.004
202209 0.399 115.339 0.399
202212 -0.249 115.116 -0.249
202303 -0.193 115.116 -0.193
202306 0.200 114.558 0.201
202309 0.515 115.339 0.515
202312 -0.141 114.781 -0.142
202403 0.180 115.227 0.180

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.


Shenzhen Cereals Holdings Co  (SZSE:000019) 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.


Shenzhen Cereals Holdings Co Cyclically Adjusted Price-to-FCF Related Terms

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Shenzhen Cereals Holdings Co (SZSE:000019) Business Description

Traded in Other Exchanges
Address
No. 9 Fuhong Road, 13th Floor, Tower A, World Trade Plaza, Futian District, Shenzhen, CHN, 518033
Shenzhen Cereals Holdings Co Ltd is in the business of tea refining and tea sales, tea e-commerce, food and beverage, research and development. Its products include instant tea powder, juice, oyster sauce, chicken and seafood sauce, lemon tea, herbal tea, and other drinks. The company sells its products under the brand names of Golden eagle, Jufangyong, Gutan, Fuhai tong, Mitsui, Shenbao and others. It focuses on tea industry development, established industrial chain involving tea cultivation, purified tea, tea extract, tea cultural experience, e-commerce, tea trading platform, and finance. The company is also engaged in grain and oil processing and sale of flour, rice, cooking oil and other products.
Executives
Chen Can Song Independent director
Fan Zhi Qing Independent director
Yan Ze Song Executives, directors
Li Fang Executives
Yao Xiao Peng Executives
Li Yi Yan Directors, executives
Wang Zhi Ping Executives
Zheng Yu Xi Director
Lin Hong Supervisors

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