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Huafon Chemical Co (SZSE:002064) Cyclically Adjusted Price-to-FCF : 53.79 (As of Jun. 07, 2024)


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What is Huafon Chemical Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), Huafon Chemical Co's current share price is ¥7.53. Huafon Chemical Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.14. Huafon Chemical Co's Cyclically Adjusted Price-to-FCF for today is 53.79.

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

SZSE:002064' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 39.4   Med: 62.69   Max: 796
Current: 53.88

During the past years, Huafon Chemical Co's highest Cyclically Adjusted Price-to-FCF was 796.00. The lowest was 39.40. And the median was 62.69.

SZSE:002064's Cyclically Adjusted Price-to-FCF is ranked worse than
74.31% of 576 companies
in the Chemicals industry
Industry Median: 24.635 vs SZSE:002064: 53.88

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.

Huafon Chemical Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.092. 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 ¥0.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Huafon Chemical Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Huafon Chemical 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.

Huafon Chemical Co Cyclically Adjusted Price-to-FCF Chart

Huafon Chemical 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 - 435.03 83.01 53.73 45.33

Huafon Chemical 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 57.77 55.34 63.02 45.33 47.96

Competitive Comparison of Huafon Chemical Co's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, Huafon Chemical 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.


Huafon Chemical Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Huafon Chemical Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Huafon Chemical 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.

Huafon Chemical Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7.53/0.14
=53.79

* 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.

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

For example, Huafon Chemical 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)
=-0.092/115.2271*115.2271
=-0.092

Current CPI (Mar. 2024) = 115.2271.

Huafon Chemical Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.079 98.200 0.093
201409 -0.354 98.900 -0.412
201412 -0.161 99.000 -0.187
201503 -0.145 99.900 -0.167
201506 -0.023 99.500 -0.027
201509 -0.174 100.500 -0.199
201512 -0.144 100.600 -0.165
201603 -0.075 102.200 -0.085
201606 0.058 101.400 0.066
201609 0.125 102.400 0.141
201612 0.059 102.600 0.066
201703 -0.083 103.200 -0.093
201706 0.057 103.100 0.064
201709 0.108 104.100 0.120
201712 0.060 104.500 0.066
201803 0.016 105.300 0.018
201806 0.115 104.900 0.126
201809 0.075 106.600 0.081
201812 0.169 106.500 0.183
201903 0.053 107.700 0.057
201906 0.025 107.700 0.027
201909 0.040 109.800 0.042
201912 0.062 111.200 0.064
202003 -0.154 112.300 -0.158
202006 0.297 110.400 0.310
202009 0.175 111.700 0.181
202012 0.250 111.500 0.258
202103 -0.006 112.662 -0.006
202106 0.267 111.769 0.275
202109 0.076 112.215 0.078
202112 0.532 113.108 0.542
202203 -0.096 114.335 -0.097
202206 0.119 114.558 0.120
202209 0.099 115.339 0.099
202212 -0.128 115.116 -0.128
202303 -0.065 115.116 -0.065
202306 0.020 114.558 0.020
202309 -0.145 115.339 -0.145
202312 0.331 114.781 0.332
202403 -0.092 115.227 -0.092

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.


Huafon Chemical Co  (SZSE:002064) 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.


Huafon Chemical Co Cyclically Adjusted Price-to-FCF Related Terms

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


Huafon Chemical Co (SZSE:002064) Business Description

Traded in Other Exchanges
N/A
Address
Xincheng Town Industrial Park, Zhejiang Province, Ruian, CHN, 325200
Huafon Chemical Co Ltd is a China-based company engaged in the production sales of spandex fiber, polyurethane stock solution and refined adipic acid.
Executives
Li Yi Lun Secretary, Director
Pan Ji Chu Directors, executives
Yu Zhi Li Executives
Xu Ning Executives
Xi Qing Executives
You Xiao Ping Director
Xu Shu Yuan Executives
Lin Jian Yi Director
Zhuo Rui Mian Supervisors
Chen Lin Zhen Director
You Jin Ming Supervisors
Yang Qing Wen Director
Yang Cong Deng Directors, executives
Duan Wei Dong Supervisors

Huafon Chemical Co (SZSE:002064) Headlines

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