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Nanjing Hanrui Cobalt Co (SZSE:300618) Cyclically Adjusted Price-to-FCF : (As of May. 22, 2024)


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What is Nanjing Hanrui Cobalt Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nanjing Hanrui Cobalt Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Nanjing Hanrui Cobalt 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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Nanjing Hanrui Cobalt Co Cyclically Adjusted Price-to-FCF Chart

Nanjing Hanrui Cobalt Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Nanjing Hanrui Cobalt 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 Nanjing Hanrui Cobalt Co's Cyclically Adjusted Price-to-FCF

For the Copper subindustry, Nanjing Hanrui Cobalt 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.


Nanjing Hanrui Cobalt Co's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nanjing Hanrui Cobalt Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Nanjing Hanrui Cobalt Co's Cyclically Adjusted Price-to-FCF falls into.



Nanjing Hanrui Cobalt 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.

Nanjing Hanrui Cobalt Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Nanjing Hanrui Cobalt Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-0.891/114.7809*114.7809
=-0.891

Current CPI (Dec23) = 114.7809.

Nanjing Hanrui Cobalt Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.104 99.000 0.121
201512 0.255 100.600 0.291
201612 0.409 102.600 0.458
201712 -0.568 104.500 -0.624
201812 0.091 106.500 0.098
201912 -1.405 111.200 -1.450
202012 -0.257 111.500 -0.265
202112 -3.824 113.108 -3.881
202212 4.259 115.116 4.247
202312 -0.891 114.781 -0.891

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.


Nanjing Hanrui Cobalt Co  (SZSE:300618) 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.


Nanjing Hanrui Cobalt Co Cyclically Adjusted Price-to-FCF Related Terms

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Nanjing Hanrui Cobalt Co (SZSE:300618) Business Description

Traded in Other Exchanges
N/A
Address
No. 115, Jinghuai Street, Jiangning Economic and Technological Development Zone, Jiangsu Province, Nanjing, CHN, 211100
Nanjing Hanrui Cobalt Co Ltd is a China-based company engaged in the extraction of cobalt and copper ore. The business activities of the group include development and deep processing of cobalt and copper mineral resources and forming an integrated industrial chain from mineral resources development and smelting the same to produce cobalt intermediate products and cobalt powder which guarantee the stable supply of resources. Geographically the group holds a marketing network in multiple countries and regions including South Korea, Japan, Germany, Switzerland, Israel, India, and the USA.

Nanjing Hanrui Cobalt Co (SZSE:300618) Headlines

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