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Shanghai Metersbonwe Fashion & Accessories Co (SZSE:002269) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Shanghai Metersbonwe Fashion & Accessories Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Shanghai Metersbonwe Fashion & Accessories Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Shanghai Metersbonwe Fashion & Accessories 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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Shanghai Metersbonwe Fashion & Accessories Co Cyclically Adjusted Price-to-FCF Chart

Shanghai Metersbonwe Fashion & Accessories 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 18.02 6.78 11.73 28.43 72.15

Shanghai Metersbonwe Fashion & Accessories 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 47.02 28.89 43.04 72.15 -

Competitive Comparison of Shanghai Metersbonwe Fashion & Accessories Co's Cyclically Adjusted Price-to-FCF

For the Apparel Manufacturing subindustry, Shanghai Metersbonwe Fashion & Accessories 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.


Shanghai Metersbonwe Fashion & Accessories Co's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shanghai Metersbonwe Fashion & Accessories Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shanghai Metersbonwe Fashion & Accessories Co's Cyclically Adjusted Price-to-FCF falls into.



Shanghai Metersbonwe Fashion & Accessories 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.

Shanghai Metersbonwe Fashion & Accessories Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Shanghai Metersbonwe Fashion & Accessories 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)
=-0.059/115.2271*115.2271
=-0.059

Current CPI (Mar. 2024) = 115.2271.

Shanghai Metersbonwe Fashion & Accessories Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.035 98.200 0.041
201409 0.053 98.900 0.062
201412 0.195 99.000 0.227
201503 0.079 99.900 0.091
201506 -0.056 99.500 -0.065
201509 -0.095 100.500 -0.109
201512 -0.106 100.600 -0.121
201603 0.033 102.200 0.037
201606 -0.070 101.400 -0.080
201609 -0.064 102.400 -0.072
201612 0.081 102.600 0.091
201703 0.031 103.200 0.035
201706 -0.115 103.100 -0.129
201709 -0.156 104.100 -0.173
201712 0.000 104.500 0.000
201803 0.062 105.300 0.068
201806 -0.101 104.900 -0.111
201809 0.038 106.600 0.041
201812 0.201 106.500 0.217
201903 0.104 107.700 0.111
201906 -0.088 107.700 -0.094
201909 0.017 109.800 0.018
201912 0.025 111.200 0.026
202003 -0.059 112.300 -0.061
202006 -0.012 110.400 -0.013
202009 -0.010 111.700 -0.010
202012 0.153 111.500 0.158
202103 -0.007 112.662 -0.007
202106 -0.010 111.769 -0.010
202109 -0.028 112.215 -0.029
202112 0.126 113.108 0.128
202203 -0.078 114.335 -0.079
202206 -0.026 114.558 -0.026
202209 -0.107 115.339 -0.107
202212 -0.018 115.116 -0.018
202303 0.014 115.116 0.014
202306 -0.015 114.558 -0.015
202309 0.012 115.339 0.012
202312 -0.075 114.781 -0.075
202403 -0.059 115.227 -0.059

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.


Shanghai Metersbonwe Fashion & Accessories Co  (SZSE:002269) 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.


Shanghai Metersbonwe Fashion & Accessories Co Cyclically Adjusted Price-to-FCF Related Terms

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Shanghai Metersbonwe Fashion & Accessories Co (SZSE:002269) Business Description

Traded in Other Exchanges
N/A
Address
No. 800 Kangqiao East Road, China (Shanghai) Pilot Free Trade Zone, Nanhui District, Shanghai, CHN, 201315
Shanghai Metersbonwe Fashion & Accessories Co Ltd is a China-based company engaged in the design, manufacture and sale of fashion casual wear and accessories. It provides apparel under the brand names Meters/bonwe and ME&CITY.
Executives
Cai Min Xu Supervisors
Zhou Cheng Jian Directors, executives
Yin Jian Xia Directors, executives
Zhou Wen Wu Director
Zhuang Tao Securities Affairs Representative
Wang Quan Geng Directors, executives
Han Zhong Wei Executives, securities affairs representatives

Shanghai Metersbonwe Fashion & Accessories Co (SZSE:002269) Headlines

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