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Kingsoft (Kingsoft) Cyclically Adjusted FCF per Share : $0.26 (As of Dec. 2023)


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What is Kingsoft 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.

Kingsoft's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.187. 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 $0.26 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Kingsoft's average Cyclically Adjusted FCF Growth Rate was 11.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 9.00% 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 Kingsoft was 9.00% per year. The lowest was 8.60% per year. And the median was 8.80% per year.

As of today (2024-06-08), Kingsoft's current stock price is $3.20. Kingsoft's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.26. Kingsoft's Cyclically Adjusted Price-to-FCF of today is 12.31.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Kingsoft was 59.53. The lowest was 11.52. And the median was 21.00.


Kingsoft Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Kingsoft'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.

Kingsoft Cyclically Adjusted FCF per Share Chart

Kingsoft 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 0.16 0.16 0.17 0.18 0.26

Kingsoft Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.13 0.17 0.20 0.26

Competitive Comparison of Kingsoft's Cyclically Adjusted FCF per Share

For the Electronic Gaming & Multimedia subindustry, Kingsoft'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.


Kingsoft's Cyclically Adjusted Price-to-FCF Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Kingsoft's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Kingsoft 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, Kingsoft's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.187/114.7809*114.7809
=0.187

Current CPI (Dec. 2023) = 114.7809.

Kingsoft Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201309 0.000 97.332 0.000
201312 0.054 97.624 0.063
201403 0.010 98.600 0.012
201406 0.033 98.200 0.039
201409 0.013 98.900 0.015
201412 0.068 99.000 0.079
201503 0.002 99.900 0.002
201506 0.036 99.500 0.042
201509 0.028 100.500 0.032
201512 0.106 100.600 0.121
201603 0.011 102.200 0.012
201606 0.041 101.400 0.046
201609 0.022 102.400 0.025
201612 0.084 102.600 0.094
201703 0.067 103.200 0.075
201706 0.056 103.100 0.062
201709 0.072 104.100 0.079
201712 0.017 104.500 0.019
201803 0.012 105.300 0.013
201806 0.028 104.900 0.031
201809 0.001 106.600 0.001
201812 0.041 106.500 0.044
201903 -0.005 107.700 -0.005
201906 0.031 107.700 0.033
201909 0.010 109.800 0.010
201912 0.046 111.200 0.047
202006 0.000 110.400 0.000
202009 0.071 111.700 0.073
202012 0.113 111.500 0.116
202106 0.061 111.769 0.063
202109 0.055 112.215 0.056
202112 0.099 113.108 0.100
202203 0.018 114.335 0.018
202206 0.092 114.558 0.092
202209 0.030 115.339 0.030
202212 0.130 115.116 0.130
202303 0.038 115.116 0.038
202306 0.190 114.558 0.190
202309 -0.053 115.339 -0.053
202312 0.187 114.781 0.187

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


Kingsoft  (OTCPK:KSFTF) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=3.20/0.26
=12.31

* 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 Kingsoft was 59.53. The lowest was 11.52. And the median was 21.00.


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.


Kingsoft Cyclically Adjusted FCF per Share Related Terms

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


Kingsoft (Kingsoft) Business Description

Traded in Other Exchanges
Address
No. 33 Xierqi Middle Road, Xiaomi Campus, Building D, Haidian District, Beijing, CHN, 100085
Kingsoft Corp Ltd is a Chinese software and Internet services company. The company's operating segment includes entertainment software and others and office software and services. It generates maximum revenue from the entertainment software and others segment. The entertainment software and others segment is engaged in the research and development of games, and the provision of online games, mobile games and casual game services. Geographically, it derives a majority of revenue from Mainland China.

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