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Shenwan Hongyuan Group Co (SZSE:000166) Cyclically Adjusted Price-to-FCF : 15.90 (As of May. 15, 2024)


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What is Shenwan Hongyuan Group Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), Shenwan Hongyuan Group Co's current share price is ¥4.61. Shenwan Hongyuan Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.29. Shenwan Hongyuan Group Co's Cyclically Adjusted Price-to-FCF for today is 15.90.

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

SZSE:000166' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 11.27   Med: 27.67   Max: 322
Current: 16.12

During the past years, Shenwan Hongyuan Group Co's highest Cyclically Adjusted Price-to-FCF was 322.00. The lowest was 11.27. And the median was 27.67.

SZSE:000166's Cyclically Adjusted Price-to-FCF is ranked better than
56.03% of 232 companies
in the Capital Markets industry
Industry Median: 19.085 vs SZSE:000166: 16.12

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.

Shenwan Hongyuan Group Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.550. 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 ¥0.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shenwan Hongyuan Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shenwan Hongyuan Group 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.

Shenwan Hongyuan Group Co Cyclically Adjusted Price-to-FCF Chart

Shenwan Hongyuan Group 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 - 28.92 - 36.01 11.97

Shenwan Hongyuan Group 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 17.83 15.13 14.13 11.97 15.33

Competitive Comparison of Shenwan Hongyuan Group Co's Cyclically Adjusted Price-to-FCF

For the Capital Markets subindustry, Shenwan Hongyuan Group 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.


Shenwan Hongyuan Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Shenwan Hongyuan Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shenwan Hongyuan Group Co's Cyclically Adjusted Price-to-FCF falls into.



Shenwan Hongyuan Group 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.

Shenwan Hongyuan Group Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.61/0.29
=15.90

* 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.

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

For example, Shenwan Hongyuan Group 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)
=-0.55/114.6694*114.6694
=-0.550

Current CPI (Mar. 2024) = 114.6694.

Shenwan Hongyuan Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.227 98.200 0.265
201409 0.847 98.900 0.982
201412 1.098 99.000 1.272
201503 1.624 99.900 1.864
201506 3.776 99.500 4.352
201509 -2.541 100.500 -2.899
201512 -0.143 100.600 -0.163
201603 -0.605 102.200 -0.679
201606 -0.093 101.400 -0.105
201609 -1.943 102.400 -2.176
201612 0.700 102.600 0.782
201703 -0.973 103.200 -1.081
201706 0.081 103.100 0.090
201709 -0.262 104.100 -0.289
201712 -0.429 104.500 -0.471
201803 0.204 105.300 0.222
201806 -1.128 104.900 -1.233
201809 -0.205 106.600 -0.221
201812 0.722 106.500 0.777
201903 0.701 107.700 0.746
201906 -0.041 107.700 -0.044
201909 -0.755 109.800 -0.788
201912 0.579 111.200 0.597
202003 0.789 112.300 0.806
202006 -0.382 110.400 -0.397
202009 -1.325 111.700 -1.360
202012 0.209 111.500 0.215
202103 -0.230 112.662 -0.234
202106 -0.884 111.769 -0.907
202109 -0.374 112.215 -0.382
202112 -0.156 113.108 -0.158
202203 0.318 114.335 0.319
202206 0.677 114.558 0.678
202209 -0.931 115.339 -0.926
202212 1.292 115.116 1.287
202303 1.168 115.116 1.163
202306 0.748 114.558 0.749
202309 0.068 115.339 0.068
202312 0.738 114.669 0.738
202403 -0.550 114.669 -0.550

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.


Shenwan Hongyuan Group Co  (SZSE:000166) 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.


Shenwan Hongyuan Group Co Cyclically Adjusted Price-to-FCF Related Terms

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Shenwan Hongyuan Group Co (SZSE:000166) Business Description

Traded in Other Exchanges
Address
No. 19, Taipingqiao Street, No. 358, South Beijing Road, 20th Floor, Dacheng International Building, Urumqi High-tech Zone, Xinjiang, Xicheng District, Beijing, CHN, 100033
Shenwan Hongyuan Group Co Ltd is an investment holding and securities firm. Its business includes banking, insurance, trust, and leasing while consolidating and expanding the advantages of the original securities business and building on the capital market as support. The company's business mainly focuses on four segments, including enterprise finance, personal finance, institutional services and trading, as well as investment management. Majority of the revenue for the firm gets derived from Institutional services and trading segment.

Shenwan Hongyuan Group Co (SZSE:000166) Headlines

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