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Qinghailt Lake Industry Co (SZSE:000792) Cyclically Adjusted Price-to-FCF : 33.50 (As of May. 14, 2024)


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What is Qinghailt Lake Industry Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-14), Qinghailt Lake Industry Co's current share price is ¥18.09. Qinghailt Lake Industry Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.54. Qinghailt Lake Industry Co's Cyclically Adjusted Price-to-FCF for today is 33.50.

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

SZSE:000792' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 30.2   Med: 80.68   Max: 1276
Current: 33.84

During the past years, Qinghailt Lake Industry Co's highest Cyclically Adjusted Price-to-FCF was 1276.00. The lowest was 30.20. And the median was 80.68.

SZSE:000792's Cyclically Adjusted Price-to-FCF is ranked worse than
72.04% of 93 companies
in the Agriculture industry
Industry Median: 17.08 vs SZSE:000792: 33.84

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.

Qinghailt Lake Industry Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.206. 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 ¥0.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Qinghailt Lake Industry Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Qinghailt Lake Industry 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.

Qinghailt Lake Industry Co Cyclically Adjusted Price-to-FCF Chart

Qinghailt Lake Industry 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 - - - 1,461.94 34.37

Qinghailt Lake Industry 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 285.96 86.97 53.46 34.37 29.92

Competitive Comparison of Qinghailt Lake Industry Co's Cyclically Adjusted Price-to-FCF

For the Agricultural Inputs subindustry, Qinghailt Lake Industry 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.


Qinghailt Lake Industry Co's Cyclically Adjusted Price-to-FCF Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Qinghailt Lake Industry Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Qinghailt Lake Industry Co's Cyclically Adjusted Price-to-FCF falls into.



Qinghailt Lake Industry 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.

Qinghailt Lake Industry Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=18.09/0.54
=33.50

* 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.

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

For example, Qinghailt Lake Industry 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)
=0.206/114.6694*114.6694
=0.206

Current CPI (Mar. 2024) = 114.6694.

Qinghailt Lake Industry Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.226 98.200 -0.264
201409 -0.262 98.900 -0.304
201412 -0.389 99.000 -0.451
201503 -0.382 99.900 -0.438
201506 -0.200 99.500 -0.230
201509 -0.135 100.500 -0.154
201512 -0.221 100.600 -0.252
201603 -0.290 102.200 -0.325
201606 0.109 101.400 0.123
201609 -0.320 102.400 -0.358
201612 0.193 102.600 0.216
201703 -0.328 103.200 -0.364
201706 0.005 103.100 0.006
201709 -0.089 104.100 -0.098
201712 0.130 104.500 0.143
201803 0.256 105.300 0.279
201806 0.155 104.900 0.169
201809 0.454 106.600 0.488
201812 0.312 106.500 0.336
201903 0.346 107.700 0.368
201906 0.336 107.700 0.358
201909 -0.170 109.800 -0.178
201912 0.319 111.200 0.329
202003 0.031 112.300 0.032
202006 -0.455 110.400 -0.473
202009 0.330 111.700 0.339
202012 -0.147 111.500 -0.151
202103 0.232 112.662 0.236
202106 0.205 111.769 0.210
202109 0.292 112.215 0.298
202112 0.002 113.108 0.002
202203 0.831 114.335 0.833
202206 0.748 114.558 0.749
202209 0.472 115.339 0.469
202212 1.129 115.116 1.125
202303 0.217 115.116 0.216
202306 1.043 114.558 1.044
202309 0.091 115.339 0.090
202312 0.737 114.669 0.737
202403 0.206 114.669 0.206

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.


Qinghailt Lake Industry Co  (SZSE:000792) 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.


Qinghailt Lake Industry Co Cyclically Adjusted Price-to-FCF Related Terms

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Qinghailt Lake Industry Co (SZSE:000792) Business Description

Traded in Other Exchanges
N/A
Address
Qinghai Yellow River Road on the 28th, Golmud, CHN, 816000
Qinghai Salt Lake Industry Co Ltd operates in the dry inland Qarhan Salt Lake in Qinghai province. It is engaged in salt lake resource extraction and potash production. The company is engaged in the manufacture of chemical raw materials and chemical products. The company is located in Golmud City, Qinghai Province and is the largest potash fertilizer industrial production base in China.

Qinghailt Lake Industry Co (SZSE:000792) Headlines

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