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ReneSola (XSWX:RESOL1) Cyclically Adjusted FCF per Share : CHF0.00 (As of Mar. 2024)


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What is ReneSola Cyclically Adjusted FCF per Share?

Note: As Cyclically Adjusted FCF per Share is a main component used to calculate Cyclically Adjusted Price-to-FCF. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

ReneSola's adjusted free cash flow per share for the three months ended in Mar. 2024 was CHF-0.145. 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 CHF0.00 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 26.80% 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 ReneSola was 26.80% per year. The lowest was 11.40% per year. And the median was 24.90% per year.

As of today (2024-05-31), ReneSola's current stock price is CHF3.11. ReneSola's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was CHF0.00. ReneSola's Cyclically Adjusted Price-to-FCF of today is .


ReneSola Cyclically Adjusted FCF per Share Historical Data

The historical data trend for ReneSola'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.

ReneSola Cyclically Adjusted FCF per Share Chart

ReneSola Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
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ReneSola 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 ReneSola's Cyclically Adjusted FCF per Share

For the Solar subindustry, ReneSola'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.


ReneSola's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



ReneSola 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, ReneSola'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)
=-0.145/131.7762*131.7762
=-0.145

Current CPI (Mar. 2024) = 131.7762.

ReneSola Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.985 100.560 -2.601
201409 -0.689 100.428 -0.904
201412 1.600 99.070 2.128
201503 -0.512 99.621 -0.677
201506 -0.535 100.684 -0.700
201509 2.593 100.392 3.404
201512 -2.292 99.792 -3.027
201603 -0.320 100.470 -0.420
201606 -0.530 101.688 -0.687
201609 -0.295 101.861 -0.382
201612 2.006 101.863 2.595
201703 -2.300 102.862 -2.947
201706 -0.999 103.349 -1.274
201709 0.000 104.136 0.000
201712 0.000 104.011 0.000
201803 0.000 105.290 0.000
201806 0.000 106.317 0.000
201809 0.000 106.507 0.000
201812 0.000 105.998 0.000
201903 -0.530 107.251 -0.651
201906 0.283 108.070 0.345
201909 2.286 108.329 2.781
201912 0.710 108.420 0.863
202003 -0.472 108.902 -0.571
202006 0.254 108.767 0.308
202009 -0.089 109.815 -0.107
202012 -0.159 109.897 -0.191
202103 -0.486 111.754 -0.573
202106 0.027 114.631 0.031
202109 -0.233 115.734 -0.265
202112 0.405 117.630 0.454
202203 -0.680 121.301 -0.739
202206 -0.380 125.017 -0.401
202209 -0.374 125.227 -0.394
202212 -0.362 125.222 -0.381
202303 -1.095 127.348 -1.133
202306 -0.106 128.729 -0.109
202309 -0.208 129.860 -0.211
202312 0.126 129.419 0.128
202403 -0.145 131.776 -0.145

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


ReneSola  (XSWX:RESOL1) 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.


ReneSola Cyclically Adjusted FCF per Share Related Terms

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


ReneSola (XSWX:RESOL1) Business Description

Industry
Traded in Other Exchanges
Address
100 First Stamford Place, Suite 302, Stamford, CT, USA, 06902
Emeren Group Ltd is a leading global solar project developer, owner, and operator with a ~3 GW pipeline of projects and IPP assets across Europe, North America, and Asia. The company focuses on solar power project development, construction management, and project financing services with local professional teams in more than 10 countries.

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