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Shengda Resources Co (SZSE:000603) Cyclically Adjusted Price-to-FCF : 30.28 (As of May. 23, 2024)


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What is Shengda Resources Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), Shengda Resources Co's current share price is ¥13.93. Shengda Resources Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.46. Shengda Resources Co's Cyclically Adjusted Price-to-FCF for today is 30.28.

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

SZSE:000603' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.34   Med: 20.14   Max: 59.14
Current: 30.44

During the past years, Shengda Resources Co's highest Cyclically Adjusted Price-to-FCF was 59.14. The lowest was 8.34. And the median was 20.14.

SZSE:000603's Cyclically Adjusted Price-to-FCF is ranked worse than
60% of 245 companies
in the Metals & Mining industry
Industry Median: 22.48 vs SZSE:000603: 30.44

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.

Shengda Resources Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.165. 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 ¥0.46 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shengda Resources Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shengda Resources 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.

Shengda Resources Co Cyclically Adjusted Price-to-FCF Chart

Shengda Resources 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 15.95 22.11 19.87 21.81 23.64

Shengda Resources 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 33.94 24.82 31.19 23.64 28.31

Competitive Comparison of Shengda Resources Co's Cyclically Adjusted Price-to-FCF

For the Other Industrial Metals & Mining subindustry, Shengda Resources 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.


Shengda Resources Co's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Shengda Resources Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Shengda Resources 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.

Shengda Resources Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=13.93/0.46
=30.28

* 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.

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

For example, Shengda Resources 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)
=-0.165/115.2271*115.2271
=-0.165

Current CPI (Mar. 2024) = 115.2271.

Shengda Resources Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.296 98.200 0.347
201409 0.468 98.900 0.545
201412 0.183 99.000 0.213
201503 -0.157 99.900 -0.181
201506 0.502 99.500 0.581
201509 0.054 100.500 0.062
201512 0.067 100.600 0.077
201603 0.001 102.200 0.001
201606 0.363 101.400 0.412
201609 0.182 102.400 0.205
201612 -0.050 102.600 -0.056
201703 -0.152 103.200 -0.170
201706 0.017 103.100 0.019
201709 0.188 104.100 0.208
201712 -0.276 104.500 -0.304
201803 -0.092 105.300 -0.101
201806 0.392 104.900 0.431
201809 -0.288 106.600 -0.311
201812 0.588 106.500 0.636
201903 -0.386 107.700 -0.413
201906 0.121 107.700 0.129
201909 0.336 109.800 0.353
201912 0.286 111.200 0.296
202003 -0.285 112.300 -0.292
202006 0.117 110.400 0.122
202009 0.212 111.700 0.219
202012 0.427 111.500 0.441
202103 -0.318 112.662 -0.325
202106 0.342 111.769 0.353
202109 0.248 112.215 0.255
202112 0.554 113.108 0.564
202203 -0.353 114.335 -0.356
202206 0.101 114.558 0.102
202209 0.530 115.339 0.529
202212 0.114 115.116 0.114
202303 -0.389 115.116 -0.389
202306 0.081 114.558 0.081
202309 0.148 115.339 0.148
202312 0.175 114.781 0.176
202403 -0.165 115.227 -0.165

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.


Shengda Resources Co  (SZSE:000603) 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.


Shengda Resources Co Cyclically Adjusted Price-to-FCF Related Terms

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Shengda Resources Co (SZSE:000603) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Yinghai Section, Jingfu Road, Daxing District, Yinghai Town, Beijing, CHN, 100079
Shengda Resources Co Ltd formerly known as Shengda Mining Co Ltd is a China-based company mainly engaged in the mining, investment and asset management of non-ferrous metal mines. It provides mining engineering technology and consulting services, as well as selling mineral products and chemical products.

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