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Unisplendour (SZSE:000938) Cyclically Adjusted FCF per Share : ¥0.16 (As of Mar. 2024)


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What is Unisplendour Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Unisplendour's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.706. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is ¥0.16 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Unisplendour's average Cyclically Adjusted FCF Growth Rate was -44.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -11.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 5.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 28.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Unisplendour was 111.80% per year. The lowest was -20.60% per year. And the median was 21.60% per year.

As of today (2024-06-06), Unisplendour's current stock price is ¥22.68. Unisplendour's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.16. Unisplendour's Cyclically Adjusted Price-to-FCF of today is 141.75.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Unisplendour was 3057.86. The lowest was 83.47. And the median was 344.33.


Unisplendour Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Unisplendour's Cyclically Adjusted FCF per Share 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.

Unisplendour Cyclically Adjusted FCF per Share Chart

Unisplendour Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.19 0.08 0.24 0.13

Unisplendour Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 0.29 0.21 0.12 0.13 0.16

Competitive Comparison of Unisplendour's Cyclically Adjusted FCF per Share

For the Electronics & Computer Distribution subindustry, Unisplendour'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.


Unisplendour's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Unisplendour's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Unisplendour Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Unisplendour'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)
=-0.706/115.2271*115.2271
=-0.706

Current CPI (Mar. 2024) = 115.2271.

Unisplendour Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.100 98.200 -0.117
201409 0.130 98.900 0.151
201412 1.046 99.000 1.217
201503 -0.956 99.900 -1.103
201506 0.246 99.500 0.285
201509 -0.649 100.500 -0.744
201512 1.486 100.600 1.702
201603 -0.691 102.200 -0.779
201606 0.411 101.400 0.467
201609 0.091 102.400 0.102
201612 0.245 102.600 0.275
201703 -0.261 103.200 -0.291
201706 -0.251 103.100 -0.281
201709 -0.065 104.100 -0.072
201712 -0.095 104.500 -0.105
201803 0.010 105.300 0.011
201806 -0.293 104.900 -0.322
201809 0.189 106.600 0.204
201812 1.178 106.500 1.275
201903 -1.267 107.700 -1.356
201906 -0.626 107.700 -0.670
201909 0.390 109.800 0.409
201912 1.444 111.200 1.496
202003 -0.979 112.300 -1.005
202006 0.530 110.400 0.553
202009 0.724 111.700 0.747
202012 0.968 111.500 1.000
202103 -0.335 112.662 -0.343
202106 -0.354 111.769 -0.365
202109 -0.764 112.215 -0.785
202112 0.507 113.108 0.517
202203 -0.854 114.335 -0.861
202206 0.214 114.558 0.215
202209 0.780 115.339 0.779
202212 1.097 115.116 1.098
202303 -0.409 115.116 -0.409
202306 -0.472 114.558 -0.475
202309 -0.919 115.339 -0.918
202312 0.816 114.781 0.819
202403 -0.706 115.227 -0.706

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Unisplendour  (SZSE:000938) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Unisplendour's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=22.68/0.16
=141.75

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Unisplendour was 3057.86. The lowest was 83.47. And the median was 344.33.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Unisplendour Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Unisplendour's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Unisplendour (SZSE:000938) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Tsinghua University, Ziguang Building, Haidian District, Beijing, Beijing, CHN, 100084
Unisplendour Corp Ltd specializes in information technology and communications in China. Their main businesses include information products, software integration, digital distribution, intelligent transportation, and communication technology.
Executives
Wang Xin Xin Independent director
Kang Xu Fang Supervisors
Wang Yi Qun Executives

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