GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Guangdong Golden Dragon Development Inc (SZSE:000712) » Definitions » Cyclically Adjusted Price-to-FCF

Guangdong Golden Dragon Development (SZSE:000712) Cyclically Adjusted Price-to-FCF : 511.50 (As of May. 23, 2024)


View and export this data going back to 1997. Start your Free Trial

What is Guangdong Golden Dragon Development Cyclically Adjusted Price-to-FCF?

As of today (2024-05-23), Guangdong Golden Dragon Development's current share price is ¥10.23. Guangdong Golden Dragon Development's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.02. Guangdong Golden Dragon Development's Cyclically Adjusted Price-to-FCF for today is 511.50.

The historical rank and industry rank for Guangdong Golden Dragon Development's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

SZSE:000712' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 26.65   Med: 107.9   Max: 584.5
Current: 493.74

During the past years, Guangdong Golden Dragon Development's highest Cyclically Adjusted Price-to-FCF was 584.50. The lowest was 26.65. And the median was 107.90.

SZSE:000712's Cyclically Adjusted Price-to-FCF is ranked worse than
97.38% of 229 companies
in the Capital Markets industry
Industry Median: 18.53 vs SZSE:000712: 493.74

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.

Guangdong Golden Dragon Development's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.177. 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


Guangdong Golden Dragon Development Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Guangdong Golden Dragon Development'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.

Guangdong Golden Dragon Development Cyclically Adjusted Price-to-FCF Chart

Guangdong Golden Dragon Development 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 106.48 32.72 112.69 124.92 -

Guangdong Golden Dragon Development 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 158.44 98.40 - - 528.13

Competitive Comparison of Guangdong Golden Dragon Development's Cyclically Adjusted Price-to-FCF

For the Capital Markets subindustry, Guangdong Golden Dragon Development'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.


Guangdong Golden Dragon Development's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Guangdong Golden Dragon Development's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Guangdong Golden Dragon Development's Cyclically Adjusted Price-to-FCF falls into.



Guangdong Golden Dragon Development 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.

Guangdong Golden Dragon Development's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=10.23/0.02
=511.50

* 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.

Guangdong Golden Dragon Development's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Guangdong Golden Dragon Development'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)
=0.177/115.2271*115.2271
=0.177

Current CPI (Mar. 2024) = 115.2271.

Guangdong Golden Dragon Development Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.138 98.200 0.162
201409 0.329 98.900 0.383
201412 1.214 99.000 1.413
201503 2.253 99.900 2.599
201506 3.524 99.500 4.081
201509 -2.251 100.500 -2.581
201512 -2.443 100.600 -2.798
201603 -0.061 102.200 -0.069
201606 -1.722 101.400 -1.957
201609 0.257 102.400 0.289
201612 -0.209 102.600 -0.235
201703 -0.958 103.200 -1.070
201706 -0.644 103.100 -0.720
201709 -1.380 104.100 -1.528
201712 -1.733 104.500 -1.911
201803 1.481 105.300 1.621
201806 0.229 104.900 0.252
201809 -0.334 106.600 -0.361
201812 0.527 106.500 0.570
201903 1.675 107.700 1.792
201906 -0.741 107.700 -0.793
201909 0.539 109.800 0.566
201912 1.207 111.200 1.251
202003 0.628 112.300 0.644
202006 1.109 110.400 1.157
202009 -0.563 111.700 -0.581
202012 2.235 111.500 2.310
202103 -1.784 112.662 -1.825
202106 -0.928 111.769 -0.957
202109 0.319 112.215 0.328
202112 -0.949 113.108 -0.967
202203 -0.108 114.335 -0.109
202206 0.263 114.558 0.265
202209 -0.894 115.339 -0.893
202212 0.400 115.116 0.400
202303 -0.150 115.116 -0.150
202306 0.422 114.558 0.424
202309 -1.307 115.339 -1.306
202312 0.344 114.781 0.345
202403 0.177 115.227 0.177

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.


Guangdong Golden Dragon Development  (SZSE:000712) 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.


Guangdong Golden Dragon Development Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Guangdong Golden Dragon Development's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Guangdong Golden Dragon Development (SZSE:000712) Business Description

Traded in Other Exchanges
N/A
Address
66 Yanshen Dongshen Second Road, Unit 03, 19 / F, Building S3, Tianan Digital City, Fenggang Town, Guangdong Province, Dongguan, CHN, 511518
Guangdong Golden Dragon Development Inc is a China-based company. It is engaged in Equity investment, investment consulting and management, and business management consulting services. The company generates its revenue from commission income and investment income among others.

Guangdong Golden Dragon Development (SZSE:000712) Headlines

No Headlines