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Inner Mongolia Yili Industrial Group Co (SHSE:600887) Cyclically Adjusted FCF per Share : ¥0.92 (As of Mar. 2024)


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What is Inner Mongolia Yili Industrial Group 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.

Inner Mongolia Yili Industrial Group Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥0.186. 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 ¥0.92 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Inner Mongolia Yili Industrial Group Co's average Cyclically Adjusted FCF Growth Rate was 31.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 26.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 19.80% 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 Inner Mongolia Yili Industrial Group Co was 188.40% per year. The lowest was -71.00% per year. And the median was 26.50% per year.

As of today (2024-05-22), Inner Mongolia Yili Industrial Group Co's current stock price is ¥29.23. Inner Mongolia Yili Industrial Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.92. Inner Mongolia Yili Industrial Group Co's Cyclically Adjusted Price-to-FCF of today is 31.77.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Inner Mongolia Yili Industrial Group Co was 1300.00. The lowest was 28.88. And the median was 86.36.


Inner Mongolia Yili Industrial Group Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Inner Mongolia Yili Industrial Group 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.

Inner Mongolia Yili Industrial Group Co Cyclically Adjusted FCF per Share Chart

Inner Mongolia Yili Industrial Group 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 0.35 0.42 0.57 0.71 0.85

Inner Mongolia Yili Industrial Group 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 0.70 0.73 0.77 0.85 0.92

Competitive Comparison of Inner Mongolia Yili Industrial Group Co's Cyclically Adjusted FCF per Share

For the Packaged Foods subindustry, Inner Mongolia Yili Industrial Group 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.


Inner Mongolia Yili Industrial Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Inner Mongolia Yili Industrial Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Inner Mongolia Yili Industrial Group Co's Cyclically Adjusted Price-to-FCF falls into.



Inner Mongolia Yili Industrial Group 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, Inner Mongolia Yili Industrial Group 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)
=0.186/115.2271*115.2271
=0.186

Current CPI (Mar. 2024) = 115.2271.

Inner Mongolia Yili Industrial Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.183 98.200 0.215
201409 0.162 98.900 0.189
201412 -0.171 99.000 -0.199
201503 0.165 99.900 0.190
201506 0.565 99.500 0.654
201509 0.372 100.500 0.427
201512 -0.153 100.600 -0.175
201603 0.046 102.200 0.052
201606 0.923 101.400 1.049
201609 0.634 102.400 0.713
201612 -0.079 102.600 -0.089
201703 -0.201 103.200 -0.224
201706 0.396 103.100 0.443
201709 0.517 104.100 0.572
201712 -0.126 104.500 -0.139
201803 0.042 105.300 0.046
201806 0.428 104.900 0.470
201809 0.271 106.600 0.293
201812 -0.166 106.500 -0.180
201903 -0.137 107.700 -0.147
201906 -0.029 107.700 -0.031
201909 0.005 109.800 0.005
201912 0.034 111.200 0.035
202003 -0.663 112.300 -0.680
202006 0.715 110.400 0.746
202009 0.405 111.700 0.418
202012 0.068 111.500 0.070
202103 -0.063 112.662 -0.064
202106 0.619 111.769 0.638
202109 0.694 112.215 0.713
202112 0.196 113.108 0.200
202203 -0.145 114.335 -0.146
202206 0.526 114.558 0.529
202209 0.222 115.339 0.222
202212 0.456 115.116 0.456
202303 -0.033 115.116 -0.033
202306 0.486 114.558 0.489
202309 0.622 115.339 0.621
202312 0.708 114.781 0.711
202403 0.186 115.227 0.186

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


Inner Mongolia Yili Industrial Group Co  (SHSE:600887) 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.

Inner Mongolia Yili Industrial Group Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=29.23/0.92
=31.77

* 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 Inner Mongolia Yili Industrial Group Co was 1300.00. The lowest was 28.88. And the median was 86.36.


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.


Inner Mongolia Yili Industrial Group Co Cyclically Adjusted FCF per Share Related Terms

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Inner Mongolia Yili Industrial Group Co (SHSE:600887) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Jinshan Street, Jinshan Development Zone, Huhehaote, Inner Mongolia, CHN, 010110
Inner Mongolia Yili Industrial Group is the largest dairy products producer in China, with the majority of revenue (70%) coming from the liquid milk segment. The company also manufactures ice cream, milk powder and beverages. Some flagship lineups include Satine, Yili Pure Milk, Ambrosial and Changqing. The company also expands its overseas presence through setting up R&D centers and acquiring foreign dairy brands such as Westland in New Zealand and Chomthana in Thailand.

Inner Mongolia Yili Industrial Group Co (SHSE:600887) Headlines

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