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Satellite Chemical Co (SZSE:002648) Cyclically Adjusted Price-to-FCF : (As of Jun. 01, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


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

The historical data trend for Satellite 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.

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Satellite Chemical Co Cyclically Adjusted Price-to-FCF Chart

Satellite Chemical Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Satellite Chemical Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Satellite Chemical Co's Cyclically Adjusted Price-to-FCF

For the Specialty Chemicals subindustry, Satellite 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.


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

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

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



Satellite 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.

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

For example, Satellite 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)
=-0.102/115.2271*115.2271
=-0.102

Current CPI (Mar. 2024) = 115.2271.

Satellite Chemical Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.055 98.200 -0.065
201409 -0.184 98.900 -0.214
201412 -0.190 99.000 -0.221
201503 0.134 99.900 0.155
201506 0.059 99.500 0.068
201509 0.010 100.500 0.011
201512 0.286 100.600 0.328
201603 0.072 102.200 0.081
201606 -0.154 101.400 -0.175
201609 0.015 102.400 0.017
201612 0.269 102.600 0.302
201703 -0.008 103.200 -0.009
201706 -0.094 103.100 -0.105
201709 0.224 104.100 0.248
201712 -0.113 104.500 -0.125
201803 -0.031 105.300 -0.034
201806 -0.044 104.900 -0.048
201809 -0.120 106.600 -0.130
201812 0.050 106.500 0.054
201903 -0.107 107.700 -0.114
201906 -0.273 107.700 -0.292
201909 0.202 109.800 0.212
201912 -0.231 111.200 -0.239
202003 -0.344 112.300 -0.353
202006 -0.338 110.400 -0.353
202009 -0.307 111.700 -0.317
202012 -0.897 111.500 -0.927
202103 -0.589 112.662 -0.602
202106 -0.120 111.769 -0.124
202109 -0.109 112.215 -0.112
202112 0.697 113.108 0.710
202203 0.216 114.335 0.218
202206 0.503 114.558 0.506
202209 -0.398 115.339 -0.398
202212 0.256 115.116 0.256
202303 -0.051 115.116 -0.051
202306 0.615 114.558 0.619
202309 0.360 115.339 0.360
202312 0.722 114.781 0.725
202403 -0.102 115.227 -0.102

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.


Satellite Chemical Co  (SZSE:002648) 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.


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

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Satellite Chemical Co (SZSE:002648) Business Description

Traded in Other Exchanges
N/A
Address
Bujiao Road, Jia’xing Industrial Park, Zhejiang, CHN, 314050
Satellite Chemical Co Ltd formerly Zhejiang Satellite Petrochemical Co Ltd is a China-based acrylic acid manufacturer. It is involved in integrating research and development, production, sales and logistics of propylene, polypropylene, acrylic acid, high purity acrylic acid to an acrylic ester, polymer emulsion and high absorbent resin.
Executives
Jin Feng Fu Executives
Liu Shi Gang Executives
Yang Yu Ying Director
Cai Yong Sheng Executives
Kong Dong Independent director

Satellite Chemical Co (SZSE:002648) Headlines

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