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Veken Technology Co (SHSE:600152) Cyclically Adjusted FCF per Share : ¥-0.36 (As of Mar. 2024)


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What is Veken Technology 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.

Veken Technology Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥0.028. 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 ¥-0.36 for the trailing ten years ended in Mar. 2024.

During the past 3 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 Veken Technology Co was 42.20% per year. The lowest was -27.90% per year. And the median was 13.00% per year.

As of today (2024-06-12), Veken Technology Co's current stock price is ¥5.06. Veken Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.36. Veken Technology Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Veken Technology Co was 196.40. The lowest was 18.79. And the median was 64.10.


Veken Technology Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Veken Technology 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.

Veken Technology Co Cyclically Adjusted FCF per Share Chart

Veken Technology 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 -0.22 -0.34 -0.53 -0.46 -0.36

Veken Technology 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 -0.43 -0.40 -0.38 -0.36 -0.36

Competitive Comparison of Veken Technology Co's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, Veken Technology 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.


Veken Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Veken Technology 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, Veken Technology 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)
=0.028/115.2271*115.2271
=0.028

Current CPI (Mar. 2024) = 115.2271.

Veken Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.068 98.200 -0.080
201409 0.139 98.900 0.162
201412 -0.329 99.000 -0.383
201503 -0.072 99.900 -0.083
201506 -0.028 99.500 -0.032
201509 0.064 100.500 0.073
201512 0.093 100.600 0.107
201603 -0.032 102.200 -0.036
201606 0.051 101.400 0.058
201609 -0.118 102.400 -0.133
201612 -0.048 102.600 -0.054
201703 -0.179 103.200 -0.200
201706 -0.096 103.100 -0.107
201709 0.100 104.100 0.111
201712 -0.118 104.500 -0.130
201803 -0.059 105.300 -0.065
201806 -0.421 104.900 -0.462
201809 -0.228 106.600 -0.246
201812 -0.084 106.500 -0.091
201903 -0.098 107.700 -0.105
201906 -0.216 107.700 -0.231
201909 -0.111 109.800 -0.116
201912 -0.037 111.200 -0.038
202003 -0.113 112.300 -0.116
202006 -0.178 110.400 -0.186
202009 -0.336 111.700 -0.347
202012 -0.120 111.500 -0.124
202103 -0.171 112.662 -0.175
202106 -0.346 111.769 -0.357
202109 -0.437 112.215 -0.449
202112 -0.262 113.108 -0.267
202203 -0.390 114.335 -0.393
202206 -0.037 114.558 -0.037
202209 0.277 115.339 0.277
202212 0.372 115.116 0.372
202303 0.123 115.116 0.123
202306 -0.001 114.558 -0.001
202309 0.156 115.339 0.156
202312 0.016 114.781 0.016
202403 0.028 115.227 0.028

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


Veken Technology Co  (SHSE:600152) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Veken Technology Co was 196.40. The lowest was 18.79. And the median was 64.10.


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.


Veken Technology Co Cyclically Adjusted FCF per Share Related Terms

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


Veken Technology Co (SHSE:600152) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 225, Liuting Street, 20th Floor, Yuehu Jinhui Building, Haishu District, Zhejiang, Ningbo, CHN, 315010
Veken Technology Co Ltd is engaged in the manufacturing and sales of lithium-ion batteries. Its products portfolio includes 3C Digital battery and Power battery. The company products cover ares such as passenger car, special vehicle, household appliances, and energy storage batteries. It is also used in smartphones, tablets, notebook, and computers.
Executives
Chen Liang Qin Director
Yang Dong Wen Director
He Cheng Ming Director

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