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Safbon Water Service (Holding) Shanghai (SZSE:300262) Cyclically Adjusted FCF per Share : ¥-0.18 (As of Mar. 2024)


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What is Safbon Water Service (Holding) Shanghai 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.

Safbon Water Service (Holding) Shanghai's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.007. 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 ¥-0.18 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 21.40% 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 Safbon Water Service (Holding) Shanghai was 21.40% per year. The lowest was 11.90% per year. And the median was 16.65% per year.

As of today (2024-06-02), Safbon Water Service (Holding) Shanghai's current stock price is ¥0.71. Safbon Water Service (Holding) Shanghai's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.18. Safbon Water Service (Holding) Shanghai's Cyclically Adjusted Price-to-FCF of today is .


Safbon Water Service (Holding) Shanghai Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Safbon Water Service (Holding) Shanghai'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.

Safbon Water Service (Holding) Shanghai Cyclically Adjusted FCF per Share Chart

Safbon Water Service (Holding) Shanghai 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 -0.41 -0.35 -0.33 -0.28 -0.17

Safbon Water Service (Holding) Shanghai 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 -0.26 -0.23 -0.18 -0.17 -0.18

Competitive Comparison of Safbon Water Service (Holding) Shanghai's Cyclically Adjusted FCF per Share

For the Utilities - Regulated Water subindustry, Safbon Water Service (Holding) Shanghai'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.


Safbon Water Service (Holding) Shanghai's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Safbon Water Service (Holding) Shanghai's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Safbon Water Service (Holding) Shanghai's Cyclically Adjusted Price-to-FCF falls into.



Safbon Water Service (Holding) Shanghai 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, Safbon Water Service (Holding) Shanghai'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)
=-0.007/115.2271*115.2271
=-0.007

Current CPI (Mar. 2024) = 115.2271.

Safbon Water Service (Holding) Shanghai Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.006 98.200 -0.007
201409 0.134 98.900 0.156
201412 0.122 99.000 0.142
201503 -0.059 99.900 -0.068
201506 0.121 99.500 0.140
201509 -0.228 100.500 -0.261
201512 -0.102 100.600 -0.117
201603 -0.170 102.200 -0.192
201606 -0.104 101.400 -0.118
201609 -0.247 102.400 -0.278
201612 -0.232 102.600 -0.261
201703 -0.274 103.200 -0.306
201706 0.185 103.100 0.207
201709 -0.370 104.100 -0.410
201712 -0.242 104.500 -0.267
201803 -0.043 105.300 -0.047
201806 -0.113 104.900 -0.124
201809 -0.117 106.600 -0.126
201812 -0.244 106.500 -0.264
201903 -0.259 107.700 -0.277
201906 0.015 107.700 0.016
201909 -0.103 109.800 -0.108
201912 0.044 111.200 0.046
202003 -0.006 112.300 -0.006
202006 0.013 110.400 0.014
202009 0.060 111.700 0.062
202012 0.121 111.500 0.125
202103 0.021 112.662 0.021
202106 0.091 111.769 0.094
202109 -0.062 112.215 -0.064
202112 0.103 113.108 0.105
202203 0.015 114.335 0.015
202206 0.041 114.558 0.041
202209 -0.029 115.339 -0.029
202212 -0.012 115.116 -0.012
202303 -0.031 115.116 -0.031
202306 0.019 114.558 0.019
202309 0.441 115.339 0.441
202312 -0.027 114.781 -0.027
202403 -0.007 115.227 -0.007

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


Safbon Water Service (Holding) Shanghai  (SZSE:300262) 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.


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.


Safbon Water Service (Holding) Shanghai Cyclically Adjusted FCF per Share Related Terms

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Safbon Water Service (Holding) Shanghai (SZSE:300262) Business Description

Traded in Other Exchanges
N/A
Address
No. 666, Zhang Liantang Road,, Liantang Town, Qingpu District, Shanghai, CHN, 201715
Safbon Water Service (Holding) Inc Shanghai is engaged in the business of industrial water treatment, municipal water treatment, solid waste disposal and the four sections of the gas pressure regulating stations.
Executives
Zhang Hua Gen Director
Gao Xue Li Independent director
Zhang Chun Lin Director
Yao Ze Wei Director
Yin Gao Qiang Supervisors
Zhang Bin Supervisors
Zou Guo Xiang Director
Yang Zheng Executives
Wang Xian Directors, executives
Ding Xing Jiang Director
Chen Lei Director

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