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Huaibei Mining Holdings Co (SHSE:600985) Cyclically Adjusted FCF per Share : ¥2.61 (As of Mar. 2024)


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What is Huaibei Mining Holdings 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.

Huaibei Mining Holdings Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.022. 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 ¥2.61 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Huaibei Mining Holdings Co's average Cyclically Adjusted FCF Growth Rate was 7.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 13.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 11.90% 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 Huaibei Mining Holdings Co was 232.50% per year. The lowest was -7.20% per year. And the median was 13.90% per year.

As of today (2024-06-07), Huaibei Mining Holdings Co's current stock price is ¥18.22. Huaibei Mining Holdings Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥2.61. Huaibei Mining Holdings Co's Cyclically Adjusted Price-to-FCF of today is 6.98.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Huaibei Mining Holdings Co was 478.67. The lowest was 4.38. And the median was 7.04.


Huaibei Mining Holdings Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Huaibei Mining Holdings 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.

Huaibei Mining Holdings Co Cyclically Adjusted FCF per Share Chart

Huaibei Mining Holdings 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 1.78 1.76 2.03 2.43 2.60

Huaibei Mining Holdings 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 2.44 2.56 2.56 2.60 2.61

Competitive Comparison of Huaibei Mining Holdings Co's Cyclically Adjusted FCF per Share

For the Specialty Chemicals subindustry, Huaibei Mining Holdings 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.


Huaibei Mining Holdings Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Huaibei Mining Holdings Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Huaibei Mining Holdings Co's Cyclically Adjusted Price-to-FCF falls into.



Huaibei Mining Holdings 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, Huaibei Mining Holdings 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)
=-0.022/115.2271*115.2271
=-0.022

Current CPI (Mar. 2024) = 115.2271.

Huaibei Mining Holdings Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.053 98.200 0.062
201409 0.027 98.900 0.031
201412 0.086 99.000 0.100
201503 -0.171 99.900 -0.197
201506 0.162 99.500 0.188
201509 -0.398 100.500 -0.456
201512 0.071 100.600 0.081
201603 -1.305 102.200 -1.471
201606 0.189 101.400 0.215
201609 -0.008 102.400 -0.009
201612 0.543 102.600 0.610
201703 -0.020 103.200 -0.022
201706 0.125 103.100 0.140
201709 0.002 104.100 0.002
201712 11.328 104.500 12.491
201803 0.527 105.300 0.577
201806 0.896 104.900 0.984
201809 0.813 106.600 0.879
201812 0.981 106.500 1.061
201903 0.443 107.700 0.474
201906 0.734 107.700 0.785
201909 1.160 109.800 1.217
201912 0.376 111.200 0.390
202003 -0.213 112.300 -0.219
202006 0.480 110.400 0.501
202009 0.540 111.700 0.557
202012 -0.817 111.500 -0.844
202103 0.140 112.662 0.143
202106 0.898 111.769 0.926
202109 0.599 112.215 0.615
202112 0.649 113.108 0.661
202203 0.492 114.335 0.496
202206 1.816 114.558 1.827
202209 1.007 115.339 1.006
202212 0.419 115.116 0.419
202303 -0.107 115.116 -0.107
202306 1.425 114.558 1.433
202309 -0.004 115.339 -0.004
202312 0.569 114.781 0.571
202403 -0.022 115.227 -0.022

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


Huaibei Mining Holdings Co  (SHSE:600985) 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.

Huaibei Mining Holdings Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=18.22/2.61
=6.98

* 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 Huaibei Mining Holdings Co was 478.67. The lowest was 4.38. And the median was 7.04.


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.


Huaibei Mining Holdings Co Cyclically Adjusted FCF per Share Related Terms

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


Huaibei Mining Holdings Co (SHSE:600985) Business Description

Traded in Other Exchanges
N/A
Address
Dong Shan Road, Anhui Province, Huaibei, CHN, 235042
Huaibei Mining Holdings Co Ltd, formerly Anhui Leimingkehua Co Ltd is engaged in the manufacture and sales of civil explosive products. The company principally provides industrial explosives and detonators, contract mining and urban blasting. The company has a number of civilian explosive production bases, and its sales network covers 21 provinces and cities including Anhui, Jiangsu, Henan, Qinghai, Inner Mongolia and Fujian.

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