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GEM Co (FRA:3730) Cyclically Adjusted FCF per Share : €-0.84 (As of Mar. 2024)


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What is GEM 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.

GEM Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.551. 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 €-0.84 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -5.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -1.90% 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 GEM Co was 3.90% per year. The lowest was -5.50% per year. And the median was 0.00% per year.

As of today (2024-06-10), GEM Co's current stock price is €11.00. GEM Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €-0.84. GEM Co's Cyclically Adjusted Price-to-FCF of today is .


GEM Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for GEM 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.

GEM Co Cyclically Adjusted FCF per Share Chart

GEM Co 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 - - - -0.70 -0.85

GEM Co 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 -0.69 -0.62 -0.76 -0.85 -0.84

Competitive Comparison of GEM Co's Cyclically Adjusted FCF per Share

For the Waste Management subindustry, GEM 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.


GEM Co's Cyclically Adjusted Price-to-FCF Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, GEM Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



GEM 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, GEM Co'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)
=-0.551/115.2271*115.2271
=-0.551

Current CPI (Mar. 2024) = 115.2271.

GEM Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.183 98.200 -0.215
201409 -0.123 98.900 -0.143
201412 -0.161 99.000 -0.187
201503 -0.407 99.900 -0.469
201506 -0.173 99.500 -0.200
201509 -0.170 100.500 -0.195
201512 -0.028 100.600 -0.032
201603 -0.100 102.200 -0.113
201606 -0.424 101.400 -0.482
201609 -0.261 102.400 -0.294
201612 0.144 102.600 0.162
201703 -0.114 103.200 -0.127
201706 -0.086 103.100 -0.096
201709 -0.004 104.100 -0.004
201712 -0.308 104.500 -0.340
201803 -0.018 105.300 -0.020
201806 0.079 104.900 0.087
201809 -0.222 106.600 -0.240
201812 0.052 106.500 0.056
201903 -0.189 107.700 -0.202
201906 0.060 107.700 0.064
201909 -0.008 109.800 -0.008
201912 -0.045 111.200 -0.047
202003 -0.019 112.300 -0.019
202006 -0.135 110.400 -0.141
202009 -0.076 111.700 -0.078
202012 0.100 111.500 0.103
202103 -0.185 112.662 -0.189
202106 -0.168 111.769 -0.173
202109 -0.271 112.215 -0.278
202112 -0.043 113.108 -0.044
202203 -0.904 114.335 -0.911
202206 -0.144 114.558 -0.145
202209 -0.182 115.339 -0.182
202212 -0.015 115.116 -0.015
202303 -0.343 115.116 -0.343
202306 -0.029 114.558 -0.029
202309 -0.437 115.339 -0.437
202312 -0.024 114.781 -0.024
202403 -0.551 115.227 -0.551

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


GEM Co  (FRA:3730) 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.


GEM Co Cyclically Adjusted FCF per Share Related Terms

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


GEM Co (FRA:3730) Business Description

Industry
Traded in Other Exchanges
Address
South of Xinghua Road, 20F Block A,Marina Bay Center, Bao’an Center Area, Shenzhen, CHN, 518101
GEM Co Ltd operates in the recycling industry in China and internationally. The company offers remanufactured battery raw materials, such as nickel, cobalt, manganese, copper, aluminum, iron, and lithium from waste batteries; cathode copper plate; and gold and silver ingots, palladium sponge, and rhodium.

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