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Fujian Yongan Forestry Group Co (SZSE:000663) Cyclically Adjusted Price-to-FCF : 20.82 (As of Jun. 11, 2024)


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What is Fujian Yongan Forestry Group Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-11), Fujian Yongan Forestry Group Co's current share price is ¥4.58. Fujian Yongan Forestry Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.22. Fujian Yongan Forestry Group Co's Cyclically Adjusted Price-to-FCF for today is 20.82.

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

SZSE:000663' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 21.05   Med: 42   Max: 853
Current: 21.36

During the past years, Fujian Yongan Forestry Group Co's highest Cyclically Adjusted Price-to-FCF was 853.00. The lowest was 21.05. And the median was 42.00.

SZSE:000663's Cyclically Adjusted Price-to-FCF is ranked worse than
60.63% of 127 companies
in the Forest Products industry
Industry Median: 17.23 vs SZSE:000663: 21.36

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.

Fujian Yongan Forestry Group Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.041. 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 ¥0.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fujian Yongan Forestry Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fujian Yongan Forestry 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.

Fujian Yongan Forestry Group Co Cyclically Adjusted Price-to-FCF Chart

Fujian Yongan Forestry 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 - 33.15 51.09 31.15 40.42

Fujian Yongan Forestry 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 35.13 49.60 48.99 40.42 30.12

Competitive Comparison of Fujian Yongan Forestry Group Co's Cyclically Adjusted Price-to-FCF

For the Lumber & Wood Production subindustry, Fujian Yongan Forestry 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.


Fujian Yongan Forestry Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Fujian Yongan Forestry Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Fujian Yongan Forestry 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.

Fujian Yongan Forestry 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
=4.58/0.22
=20.82

* 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.

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

For example, Fujian Yongan Forestry 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)
=-0.041/115.2271*115.2271
=-0.041

Current CPI (Mar. 2024) = 115.2271.

Fujian Yongan Forestry Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.070 98.200 0.082
201409 0.199 98.900 0.232
201412 0.165 99.000 0.192
201503 -0.055 99.900 -0.063
201506 0.060 99.500 0.069
201509 0.044 100.500 0.050
201512 0.124 100.600 0.142
201603 -0.139 102.200 -0.157
201606 -0.006 101.400 -0.007
201609 0.864 102.400 0.972
201612 -0.287 102.600 -0.322
201703 -0.096 103.200 -0.107
201706 -0.163 103.100 -0.182
201709 -0.262 104.100 -0.290
201712 0.343 104.500 0.378
201803 -0.459 105.300 -0.502
201806 -0.084 104.900 -0.092
201809 0.192 106.600 0.208
201812 -0.211 106.500 -0.228
201903 -0.018 107.700 -0.019
201906 0.011 107.700 0.012
201909 0.072 109.800 0.076
201912 0.141 111.200 0.146
202003 0.014 112.300 0.014
202006 0.063 110.400 0.066
202009 0.031 111.700 0.032
202012 0.010 111.500 0.010
202103 -0.061 112.662 -0.062
202106 0.548 111.769 0.565
202109 0.115 112.215 0.118
202112 -0.083 113.108 -0.085
202203 -0.025 114.335 -0.025
202206 1.360 114.558 1.368
202209 -0.011 115.339 -0.011
202212 0.133 115.116 0.133
202303 -0.144 115.116 -0.144
202306 -0.143 114.558 -0.144
202309 -0.552 115.339 -0.551
202312 0.335 114.781 0.336
202403 -0.041 115.227 -0.041

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.


Fujian Yongan Forestry Group Co  (SZSE:000663) 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.


Fujian Yongan Forestry Group Co Cyclically Adjusted Price-to-FCF Related Terms

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Fujian Yongan Forestry Group Co (SZSE:000663) Business Description

Traded in Other Exchanges
N/A
Address
No. 819, Yanjiang East Road, Fujian Province, Yong'an, CHN, 366000
Fujian Yongan Forestry Group Co Ltd is engaged in the manufacturing and sale of forest products primarily in China. Its product portfolio includes forest products, Yonglin blue panther floor, wood, medium density fiberboard, plywood, formaldehyde adhesives, pine oil products, natural vanillin, and seedlings.
Executives
Liu Xiang Hui Executives
Su Jia Xu Director
Lin Qing Wen Supervisors
Chen Zhen Zong Directors, executives
Dong Yong Ping Directors, executives
Lin Hui Qin Supervisors
Huang Zhong Ming Executives
Qiu An Bin Supervisors
Huang Zong He Directors, executives

Fujian Yongan Forestry Group Co (SZSE:000663) Headlines

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