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Vtron Group Co (SZSE:002308) Cyclically Adjusted FCF per Share : ¥0.12 (As of Sep. 2023)


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What is Vtron Group Co 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.

Vtron Group Co's adjusted free cash flow per share for the three months ended in Sep. 2023 was ¥-0.387. 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 ¥0.12 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Vtron Group Co's average Cyclically Adjusted FCF Growth Rate was -33.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -9.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -7.10% 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 Vtron Group Co was -7.20% per year. The lowest was -9.10% per year. And the median was -8.70% per year.

As of today (2024-05-27), Vtron Group Co's current stock price is ¥1.97. Vtron Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was ¥0.12. Vtron Group Co's Cyclically Adjusted Price-to-FCF of today is 16.42.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Vtron Group Co was 57.05. The lowest was 15.75. And the median was 28.16.


Vtron Group Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Vtron Group Co'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.

Vtron Group Co Cyclically Adjusted FCF per Share Chart

Vtron Group Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.20 0.16 0.16 0.15

Vtron Group Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.18 0.15 0.17 0.15 0.12

Competitive Comparison of Vtron Group Co's Cyclically Adjusted FCF per Share

For the Consumer Electronics subindustry, Vtron Group 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.


Vtron Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Vtron Group Co 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, Vtron Group Co's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=-0.387/115.3387*115.3387
=-0.387

Current CPI (Sep. 2023) = 115.3387.

Vtron Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.137 97.624 0.162
201403 -0.176 98.600 -0.206
201406 0.035 98.200 0.041
201409 -0.030 98.900 -0.035
201412 0.223 99.000 0.260
201503 -0.027 99.900 -0.031
201506 0.120 99.500 0.139
201509 0.035 100.500 0.040
201512 0.146 100.600 0.167
201603 0.014 102.200 0.016
201606 0.063 101.400 0.072
201609 0.115 102.400 0.130
201612 0.172 102.600 0.193
201703 -0.070 103.200 -0.078
201706 0.075 103.100 0.084
201709 0.083 104.100 0.092
201712 0.158 104.500 0.174
201803 -0.042 105.300 -0.046
201806 0.013 104.900 0.014
201809 -0.020 106.600 -0.022
201812 0.170 106.500 0.184
201903 -0.095 107.700 -0.102
201906 0.091 107.700 0.097
201909 0.039 109.800 0.041
201912 0.161 111.200 0.167
202003 -0.171 112.300 -0.176
202006 -0.100 110.400 -0.104
202009 0.087 111.700 0.090
202012 0.017 111.500 0.018
202103 -0.025 112.662 -0.026
202106 -0.003 111.769 -0.003
202109 0.039 112.215 0.040
202112 0.079 113.108 0.081
202203 -0.030 114.335 -0.030
202206 0.005 114.558 0.005
202209 0.022 115.339 0.022
202212 0.066 115.116 0.066
202303 -0.003 115.116 -0.003
202306 0.006 114.558 0.006
202309 -0.387 115.339 -0.387

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


Vtron Group Co  (SZSE:002308) 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.

Vtron Group Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1.97/0.12
=16.42

* 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 Vtron Group Co was 57.05. The lowest was 15.75. And the median was 28.16.


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.


Vtron Group Co Cyclically Adjusted FCF per Share Related Terms

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


Vtron Group Co (SZSE:002308) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 233 Kezhu Road, Guangzhou Hi-Tech Industrial Development Zone, Guangzhou, CHN, 510670
Vtron Group Co Ltd provides control room and video wall collaboration total solutions. The company's video wall solutions include video wall display cubes, narrow bezel LCD panels and indoor LED displays, and video wall processors.
Executives
Liu Xiu Jun Director
Cao Zhou Tao Director
Hou Jia Executives
Chen Yu Director
Chen Chun Hua Director
Zheng De Cheng Supervisors
He Yi Ming Directors, executives
Wang Hong Bing Directors, executives
Ju Li Executives
Xie Ming Ming Executives
Zhou Zhi Wen Executives
Jiang Yu Lan Executives
Zhang Bin Executives

Vtron Group Co (SZSE:002308) Headlines

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