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Dongguan Development (Holdings) Co (SZSE:000828) Cyclically Adjusted Price-to-FCF : (As of May. 27, 2024)


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What is Dongguan Development (Holdings) Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dongguan Development (Holdings) Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Dongguan Development (Holdings) 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.

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Dongguan Development (Holdings) Co Cyclically Adjusted Price-to-FCF Chart

Dongguan Development (Holdings) 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 21.14 24.52 87.79 - -

Dongguan Development (Holdings) 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 - - - - -

Competitive Comparison of Dongguan Development (Holdings) Co's Cyclically Adjusted Price-to-FCF

For the Infrastructure Operations subindustry, Dongguan Development (Holdings) 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.


Dongguan Development (Holdings) Co's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Dongguan Development (Holdings) Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Dongguan Development (Holdings) Co's Cyclically Adjusted Price-to-FCF falls into.



Dongguan Development (Holdings) 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.

Dongguan Development (Holdings) Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Dongguan Development (Holdings) 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)
=-2.015/115.2271*115.2271
=-2.015

Current CPI (Mar. 2024) = 115.2271.

Dongguan Development (Holdings) Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.185 98.200 0.217
201409 0.152 98.900 0.177
201412 0.101 99.000 0.118
201503 -0.571 99.900 -0.659
201506 -0.243 99.500 -0.281
201509 -0.343 100.500 -0.393
201512 0.003 100.600 0.003
201603 0.222 102.200 0.250
201606 0.292 101.400 0.332
201609 0.275 102.400 0.309
201612 -1.747 102.600 -1.962
201703 -0.035 103.200 -0.039
201706 0.000 103.100 0.000
201709 0.299 104.100 0.331
201712 -0.236 104.500 -0.260
201803 0.074 105.300 0.081
201806 0.357 104.900 0.392
201809 1.362 106.600 1.472
201812 0.336 106.500 0.364
201903 0.324 107.700 0.347
201906 0.558 107.700 0.597
201909 0.615 109.800 0.645
201912 -0.122 111.200 -0.126
202003 1.396 112.300 1.432
202006 -0.210 110.400 -0.219
202009 -0.108 111.700 -0.111
202012 -0.335 111.500 -0.346
202103 -0.066 112.662 -0.068
202106 -0.847 111.769 -0.873
202109 -0.602 112.215 -0.618
202112 -0.834 113.108 -0.850
202203 -2.033 114.335 -2.049
202206 -0.429 114.558 -0.432
202209 -0.535 115.339 -0.534
202212 -1.877 115.116 -1.879
202303 -0.455 115.116 -0.455
202306 -0.567 114.558 -0.570
202309 -1.132 115.339 -1.131
202312 -0.065 114.781 -0.065
202403 -2.015 115.227 -2.015

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.


Dongguan Development (Holdings) Co  (SZSE:000828) 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.


Dongguan Development (Holdings) Co Cyclically Adjusted Price-to-FCF Related Terms

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Dongguan Development (Holdings) Co (SZSE:000828) Business Description

Traded in Other Exchanges
N/A
Address
No. 55 Guanzhang Road, Dongcheng District, Dongguan, Guangdong, CHN, 523110
Dongguan Development (Holdings) Co Ltd operates as a highway operator in China.
Executives
Wang Qing Ming Directors, executives
Huang Yong Executives
Yin Zhi Peng Supervisors
Guo Xu Dong Supervisors
Yin Jin Rong Director
Zhao Hong Jian Executives
Lin Bo Director
Liu Qi Lan Supervisors

Dongguan Development (Holdings) Co (SZSE:000828) Headlines

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