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Zoomlion Heavy Industry Science and Technology Co (SZSE:000157) Cyclically Adjusted Price-to-FCF : 43.42 (As of May. 25, 2024)


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What is Zoomlion Heavy Industry Science and Technology Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-25), Zoomlion Heavy Industry Science and Technology Co's current share price is ¥8.25. Zoomlion Heavy Industry Science and Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.19. Zoomlion Heavy Industry Science and Technology Co's Cyclically Adjusted Price-to-FCF for today is 43.42.

The historical rank and industry rank for Zoomlion Heavy Industry Science and Technology Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SZSE:000157' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 41.2   Med: 61.77   Max: 687
Current: 45.18

During the past years, Zoomlion Heavy Industry Science and Technology Co's highest Cyclically Adjusted Price-to-FCF was 687.00. The lowest was 41.20. And the median was 61.77.

SZSE:000157's Cyclically Adjusted Price-to-FCF is ranked worse than
69.79% of 96 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 26.405 vs SZSE:000157: 45.18

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.

Zoomlion Heavy Industry Science and Technology Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.049. 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 ¥0.19 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zoomlion Heavy Industry Science and Technology Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Zoomlion Heavy Industry Science and Technology 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.

Zoomlion Heavy Industry Science and Technology Co Cyclically Adjusted Price-to-FCF Chart

Zoomlion Heavy Industry Science and Technology 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 459.53 93.22 70.84 56.67 57.48

Zoomlion Heavy Industry Science and Technology 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 41.57 75.23 61.64 57.48 44.27

Competitive Comparison of Zoomlion Heavy Industry Science and Technology Co's Cyclically Adjusted Price-to-FCF

For the Farm & Heavy Construction Machinery subindustry, Zoomlion Heavy Industry Science and Technology 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.


Zoomlion Heavy Industry Science and Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Zoomlion Heavy Industry Science and Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Zoomlion Heavy Industry Science and Technology Co's Cyclically Adjusted Price-to-FCF falls into.



Zoomlion Heavy Industry Science and Technology 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.

Zoomlion Heavy Industry Science and Technology Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=8.25/0.19
=43.42

* 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.

Zoomlion Heavy Industry Science and Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Zoomlion Heavy Industry Science and Technology 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)
=-0.049/115.2271*115.2271
=-0.049

Current CPI (Mar. 2024) = 115.2271.

Zoomlion Heavy Industry Science and Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.024 98.200 0.028
201409 -0.089 98.900 -0.104
201412 -0.418 99.000 -0.487
201503 -0.488 99.900 -0.563
201506 -0.077 99.500 -0.089
201509 0.121 100.500 0.139
201512 -0.046 100.600 -0.053
201603 -0.175 102.200 -0.197
201606 0.090 101.400 0.102
201609 0.150 102.400 0.169
201612 0.248 102.600 0.279
201703 -0.005 103.200 -0.006
201706 0.057 103.100 0.064
201709 0.041 104.100 0.045
201712 0.165 104.500 0.182
201803 0.039 105.300 0.043
201806 0.136 104.900 0.149
201809 0.174 106.600 0.188
201812 0.230 106.500 0.249
201903 0.236 107.700 0.252
201906 0.184 107.700 0.197
201909 0.144 109.800 0.151
201912 0.065 111.200 0.067
202003 0.036 112.300 0.037
202006 0.097 110.400 0.101
202009 0.281 111.700 0.290
202012 0.421 111.500 0.435
202103 0.290 112.662 0.297
202106 0.089 111.769 0.092
202109 0.021 112.215 0.022
202112 -0.384 113.108 -0.391
202203 0.026 114.335 0.026
202206 0.073 114.558 0.073
202209 -0.136 115.339 -0.136
202212 0.152 115.116 0.152
202303 0.012 115.116 0.012
202306 -0.013 114.558 -0.013
202309 -0.009 115.339 -0.009
202312 0.109 114.781 0.109
202403 -0.049 115.227 -0.049

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.


Zoomlion Heavy Industry Science and Technology Co  (SZSE:000157) 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.


Zoomlion Heavy Industry Science and Technology Co Cyclically Adjusted Price-to-FCF Related Terms

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Zoomlion Heavy Industry Science and Technology Co (SZSE:000157) Business Description

Traded in Other Exchanges
Address
No. 361, Yinpen South Road, Hunan Province, Changsha, CHN, 410013
Zoomlion Heavy Industry Science and Technology Co Ltd are mainly engaged in the research, development, manufacturing, and sales of construction machinery, and agricultural machinery. It is engaged in three main operating segments, including (i) research, development, manufacturing, and sale of construction machinery; (ii) research, development, manufacturing, and sale of agricultural machinery; and (iii) finance lease services. The construction machinery segment provides concrete machinery, crane machinery, road construction machinery, pile foundation machinery, work-at-height machinery, fire machinery, mining machinery, forklift truck, and other products. Agricultural machinery industry, including farming machinery, harvesting machinery, drying machinery, and agricultural equipment.
Executives
Xiong Yan Ming Executives
Tang Shao Fang Executives
Wang Yong Xiang Executives
Du Yi Gang Executives
Luo Kai Executives
Shen Ke Executives
Huang Jian Bing Executives
Sun Chang Jun Executives
Tian Bing Executives
Fu Ling Executives
He Jian Ming Supervisors
Guo Xue Hong Executives
Guo Tao Securities Affairs Representative
Liu Xiao Ping Supervisors
He Wen Jin Executives

Zoomlion Heavy Industry Science and Technology Co (SZSE:000157) Headlines

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