GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sungrow Power Supply Co Ltd (SZSE:300274) » Definitions » Cyclically Adjusted Price-to-FCF

Sungrow Power Supply Co (SZSE:300274) Cyclically Adjusted Price-to-FCF : 922.18 (As of May. 17, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Sungrow Power Supply Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-17), Sungrow Power Supply Co's current share price is ¥101.44. Sungrow Power Supply Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.11. Sungrow Power Supply Co's Cyclically Adjusted Price-to-FCF for today is 922.18.

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

SZSE:300274' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 466.47   Med: 892.75   Max: 1272.29
Current: 943.94

During the past years, Sungrow Power Supply Co's highest Cyclically Adjusted Price-to-FCF was 1272.29. The lowest was 466.47. And the median was 892.75.

SZSE:300274's Cyclically Adjusted Price-to-FCF is ranked worse than
98.26% of 1033 companies
in the Industrial Products industry
Industry Median: 33.75 vs SZSE:300274: 943.94

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.

Sungrow Power Supply Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-0.649. 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 ¥0.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sungrow Power Supply Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Sungrow Power Supply 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.

Sungrow Power Supply Co Cyclically Adjusted Price-to-FCF Chart

Sungrow Power Supply 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 - 709.69 - - 521.21

Sungrow Power Supply 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 - 941.45 1,323.53 521.21 918.28

Competitive Comparison of Sungrow Power Supply Co's Cyclically Adjusted Price-to-FCF

For the Electrical Equipment & Parts subindustry, Sungrow Power Supply 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.


Sungrow Power Supply Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sungrow Power Supply Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Sungrow Power Supply Co's Cyclically Adjusted Price-to-FCF falls into.



Sungrow Power Supply 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.

Sungrow Power Supply Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=101.44/0.11
=922.18

* 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.

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

For example, Sungrow Power Supply 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)
=-0.649/115.2271*115.2271
=-0.649

Current CPI (Mar. 2024) = 115.2271.

Sungrow Power Supply Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.235 98.200 -0.276
201409 -0.034 98.900 -0.040
201412 0.262 99.000 0.305
201503 -0.140 99.900 -0.161
201506 0.171 99.500 0.198
201509 -0.116 100.500 -0.133
201512 -0.390 100.600 -0.447
201603 -0.363 102.200 -0.409
201606 -0.088 101.400 -0.100
201609 -0.237 102.400 -0.267
201612 0.255 102.600 0.286
201703 -0.521 103.200 -0.582
201706 -0.318 103.100 -0.355
201709 0.301 104.100 0.333
201712 0.834 104.500 0.920
201803 -0.998 105.300 -1.092
201806 -0.858 104.900 -0.942
201809 0.123 106.600 0.133
201812 1.305 106.500 1.412
201903 -0.568 107.700 -0.608
201906 -0.028 107.700 -0.030
201909 -0.146 109.800 -0.153
201912 1.941 111.200 2.011
202003 -0.672 112.300 -0.690
202006 0.548 110.400 0.572
202009 0.349 111.700 0.360
202012 1.238 111.500 1.279
202103 -1.850 112.662 -1.892
202106 -0.690 111.769 -0.711
202109 -0.855 112.215 -0.878
202112 1.099 113.108 1.120
202203 -1.387 114.335 -1.398
202206 0.109 114.558 0.110
202209 -1.383 115.339 -1.382
202212 2.430 115.116 2.432
202303 -0.906 115.116 -0.907
202306 3.183 114.558 3.202
202309 -0.648 115.339 -0.647
202312 1.209 114.781 1.214
202403 -0.649 115.227 -0.649

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.


Sungrow Power Supply Co  (SZSE:300274) 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.


Sungrow Power Supply Co Cyclically Adjusted Price-to-FCF Related Terms

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


Sungrow Power Supply Co (SZSE:300274) Business Description

Traded in Other Exchanges
N/A
Address
No.1699 Xiyou Raod, High-tech Industry Development Zone, Anhui Province, Hefei, CHN, 230088
China-based Sungrow manufactures and sells power supply equipment for the new energy industry. It offers a wide range of products, including solar inverters, energy storage systems, wind power converters, electric vehicle drives, among others. It is one of the largest suppliers of solar inverters and energy storage systems globally. It is also one of the largest new energy project developers in the world. Solar inverters, energy storage systems, and new energy investment and development each accounted for 39%, 25%, and 29% of revenue in 2022, respectively.

Sungrow Power Supply Co (SZSE:300274) Headlines

No Headlines