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Sinomach Automobile Co (SHSE:600335) Cyclically Adjusted FCF per Share : ¥0.68 (As of Mar. 2024)


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What is Sinomach Automobile 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.

Sinomach Automobile Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.079. 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 ¥0.68 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sinomach Automobile Co's average Cyclically Adjusted FCF Growth Rate was 15.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 219.70% 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 Sinomach Automobile Co was 219.70% per year. The lowest was -82.40% per year. And the median was 9.55% per year.

As of today (2024-05-19), Sinomach Automobile Co's current stock price is ¥7.06. Sinomach Automobile Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.68. Sinomach Automobile Co's Cyclically Adjusted Price-to-FCF of today is 10.38.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Sinomach Automobile Co was 282.20. The lowest was 6.89. And the median was 18.39.


Sinomach Automobile Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sinomach Automobile 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.

Sinomach Automobile Co Cyclically Adjusted FCF per Share Chart

Sinomach Automobile 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 -0.29 0.03 0.14 0.74 0.98

Sinomach Automobile 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 0.59 0.62 0.99 0.98 0.68

Competitive Comparison of Sinomach Automobile Co's Cyclically Adjusted FCF per Share

For the Auto & Truck Dealerships subindustry, Sinomach Automobile 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.


Sinomach Automobile Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sinomach Automobile Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Sinomach Automobile 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, Sinomach Automobile 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)
=-0.079/115.2271*115.2271
=-0.079

Current CPI (Mar. 2024) = 115.2271.

Sinomach Automobile Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.172 98.200 0.202
201409 -1.402 98.900 -1.633
201412 -5.740 99.000 -6.681
201503 -0.607 99.900 -0.700
201506 4.948 99.500 5.730
201509 0.530 100.500 0.608
201512 4.443 100.600 5.089
201603 2.108 102.200 2.377
201606 3.154 101.400 3.584
201609 1.789 102.400 2.013
201612 1.560 102.600 1.752
201703 -1.503 103.200 -1.678
201706 -0.514 103.100 -0.574
201709 -3.087 104.100 -3.417
201712 -1.860 104.500 -2.051
201803 -2.610 105.300 -2.856
201806 0.066 104.900 0.072
201809 2.165 106.600 2.340
201812 1.053 106.500 1.139
201903 -0.549 107.700 -0.587
201906 0.551 107.700 0.590
201909 0.087 109.800 0.091
201912 2.185 111.200 2.264
202003 -2.207 112.300 -2.265
202006 0.569 110.400 0.594
202009 0.467 111.700 0.482
202012 1.233 111.500 1.274
202103 0.378 112.662 0.387
202106 0.199 111.769 0.205
202109 0.505 112.215 0.519
202112 0.697 113.108 0.710
202203 -1.170 114.335 -1.179
202206 -0.746 114.558 -0.750
202209 0.024 115.339 0.024
202212 -0.381 115.116 -0.381
202303 0.739 115.116 0.740
202306 -1.591 114.558 -1.600
202309 1.688 115.339 1.686
202312 -1.245 114.781 -1.250
202403 -0.079 115.227 -0.079

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


Sinomach Automobile Co  (SHSE:600335) 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.

Sinomach Automobile Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=7.06/0.68
=10.38

* 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 Sinomach Automobile Co was 282.20. The lowest was 6.89. And the median was 18.39.


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.


Sinomach Automobile Co Cyclically Adjusted FCF per Share Related Terms

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


Sinomach Automobile Co (SHSE:600335) Business Description

Traded in Other Exchanges
N/A
Address
No. 5 Haitainan North Street, Huayuan Technology Park, New and High-Tech Industrial Development Zone, Tianjin, Tianjin, CHN, 300384
Sinomach Automobile Co Ltd covers multi-brand automotive import trade services, automotive engineering contracting and technical services, car rental and second-hand car services, automotive retail services, and other fields. The company mainly sells imported Volkswagen, Chrysler, Jaguar Land Rover, Ford, and other brands of vehicles. It generates the majority of its revenue from the Automotive trade business.

Sinomach Automobile Co (SHSE:600335) Headlines

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