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SDIC Capital Co (SHSE:600061) Cyclically Adjusted FCF per Share : ¥0.22 (As of Mar. 2024)


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What is SDIC Capital 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.

SDIC Capital Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-2.065. 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 ¥0.22 for the trailing ten years ended in Mar. 2024.

During the past 12 months, SDIC Capital Co's average Cyclically Adjusted FCF Growth Rate was -68.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 57.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 19.70% 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 SDIC Capital Co was 57.40% per year. The lowest was -38.50% per year. And the median was -2.00% per year.

As of today (2024-05-29), SDIC Capital Co's current stock price is ¥6.17. SDIC Capital Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.22. SDIC Capital Co's Cyclically Adjusted Price-to-FCF of today is 28.05.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of SDIC Capital Co was 91.18. The lowest was 7.40. And the median was 21.76.


SDIC Capital Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for SDIC Capital 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.

SDIC Capital Co Cyclically Adjusted FCF per Share Chart

SDIC Capital 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 0.16 0.10 0.16 0.28 0.39

SDIC Capital 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 0.40 0.10 0.39 0.22

Competitive Comparison of SDIC Capital Co's Cyclically Adjusted FCF per Share

For the Capital Markets subindustry, SDIC Capital 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.


SDIC Capital Co's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SDIC Capital Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



SDIC Capital 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, SDIC Capital 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)
=-2.065/115.2271*115.2271
=-2.065

Current CPI (Mar. 2024) = 115.2271.

SDIC Capital Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.178 98.200 -0.209
201409 0.439 98.900 0.511
201412 4.655 99.000 5.418
201503 0.799 99.900 0.922
201506 6.026 99.500 6.978
201509 0.502 100.500 0.576
201512 -5.142 100.600 -5.890
201603 -1.147 102.200 -1.293
201606 -0.049 101.400 -0.056
201609 -0.570 102.400 -0.641
201612 1.263 102.600 1.418
201703 -0.255 103.200 -0.285
201706 -0.234 103.100 -0.262
201709 -0.110 104.100 -0.122
201712 -1.631 104.500 -1.798
201803 -1.982 105.300 -2.169
201806 0.527 104.900 0.579
201809 0.559 106.600 0.604
201812 -1.408 106.500 -1.523
201903 0.192 107.700 0.205
201906 0.164 107.700 0.175
201909 -0.049 109.800 -0.051
201912 -0.594 111.200 -0.616
202003 1.955 112.300 2.006
202006 -0.483 110.400 -0.504
202009 -0.666 111.700 -0.687
202012 -1.448 111.500 -1.496
202103 1.514 112.662 1.548
202106 -0.036 111.769 -0.037
202109 1.139 112.215 1.170
202112 -2.342 113.108 -2.386
202203 1.930 114.335 1.945
202206 1.591 114.558 1.600
202209 1.461 115.339 1.460
202212 -3.736 115.116 -3.740
202303 3.856 115.116 3.860
202306 -2.941 114.558 -2.958
202309 -3.071 115.339 -3.068
202312 3.035 114.781 3.047
202403 -2.065 115.227 -2.065

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


SDIC Capital Co  (SHSE:600061) 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.

SDIC Capital Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=6.17/0.22
=28.05

* 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 SDIC Capital Co was 91.18. The lowest was 7.40. And the median was 21.76.


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.


SDIC Capital Co Cyclically Adjusted FCF per Share Related Terms

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


SDIC Capital Co (SHSE:600061) Business Description

Traded in Other Exchanges
N/A
Address
Fuchengmen North Street, Guotou Financial Building, No. 2, Xicheng District, Beijing, CHN, 100034
SDIC Capital Co Ltd, formerly SDIC Essence (Holdings) Co Ltd is an investment company. It is engaged in securities trading business.
Executives
Tong Jian Feng Director
Chen Yi Supervisors

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