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Universal Scientific Industrial (Shanghai) Co (SHSE:601231) Cyclically Adjusted FCF per Share : ¥0.37 (As of Mar. 2024)


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What is Universal Scientific Industrial (Shanghai) 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.

Universal Scientific Industrial (Shanghai) Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥0.329. 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 ¥0.37 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Universal Scientific Industrial (Shanghai) Co's average Cyclically Adjusted FCF Growth Rate was 54.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 14.00% 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 Universal Scientific Industrial (Shanghai) Co was 14.00% per year. The lowest was 14.00% per year. And the median was 14.00% per year.

As of today (2024-06-01), Universal Scientific Industrial (Shanghai) Co's current stock price is ¥15.19. Universal Scientific Industrial (Shanghai) Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.37. Universal Scientific Industrial (Shanghai) Co's Cyclically Adjusted Price-to-FCF of today is 41.05.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Universal Scientific Industrial (Shanghai) Co was 477.50. The lowest was 31.30. And the median was 82.13.


Universal Scientific Industrial (Shanghai) Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Universal Scientific Industrial (Shanghai) 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.

Universal Scientific Industrial (Shanghai) Co Cyclically Adjusted FCF per Share Chart

Universal Scientific Industrial (Shanghai) 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 - 0.25 0.08 0.19 0.37

Universal Scientific Industrial (Shanghai) 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 0.24 0.27 0.28 0.37 0.37

Competitive Comparison of Universal Scientific Industrial (Shanghai) Co's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, Universal Scientific Industrial (Shanghai) 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.


Universal Scientific Industrial (Shanghai) Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Universal Scientific Industrial (Shanghai) Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Universal Scientific Industrial (Shanghai) Co's Cyclically Adjusted Price-to-FCF falls into.



Universal Scientific Industrial (Shanghai) 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, Universal Scientific Industrial (Shanghai) 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)
=0.329/115.2271*115.2271
=0.329

Current CPI (Mar. 2024) = 115.2271.

Universal Scientific Industrial (Shanghai) Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.168 98.200 -0.197
201409 -0.143 98.900 -0.167
201412 -0.092 99.000 -0.107
201503 -0.132 99.900 -0.152
201506 -0.460 99.500 -0.533
201509 -0.070 100.500 -0.080
201512 0.636 100.600 0.728
201603 0.091 102.200 0.103
201606 0.205 101.400 0.233
201609 -0.073 102.400 -0.082
201612 0.410 102.600 0.460
201703 0.315 103.200 0.352
201706 0.010 103.100 0.011
201709 0.002 104.100 0.002
201712 0.155 104.500 0.171
201803 0.218 105.300 0.239
201806 -0.283 104.900 -0.311
201809 -0.118 106.600 -0.128
201812 -0.122 106.500 -0.132
201903 0.353 107.700 0.378
201906 -0.242 107.700 -0.259
201909 -0.194 109.800 -0.204
201912 0.875 111.200 0.907
202003 0.070 112.300 0.072
202006 -0.292 110.400 -0.305
202009 -0.355 111.700 -0.366
202012 0.764 111.500 0.790
202103 -0.218 112.662 -0.223
202106 -0.394 111.769 -0.406
202109 -0.790 112.215 -0.811
202112 0.198 113.108 0.202
202203 0.510 114.335 0.514
202206 -0.852 114.558 -0.857
202209 0.339 115.339 0.339
202212 0.814 115.116 0.815
202303 0.999 115.116 1.000
202306 0.387 114.558 0.389
202309 -0.018 115.339 -0.018
202312 0.994 114.781 0.998
202403 0.329 115.227 0.329

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


Universal Scientific Industrial (Shanghai) Co  (SHSE:601231) 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.

Universal Scientific Industrial (Shanghai) Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=15.19/0.37
=41.05

* 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 Universal Scientific Industrial (Shanghai) Co was 477.50. The lowest was 31.30. And the median was 82.13.


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.


Universal Scientific Industrial (Shanghai) Co Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Universal Scientific Industrial (Shanghai) Co's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Universal Scientific Industrial (Shanghai) Co (SHSE:601231) Business Description

Traded in Other Exchanges
N/A
Address
Number 1558, Zhangdong Road, Zhangjiang Hi-Tech Park, Integrated Circuit Industrial Zone, Shanghai, CHN, 201203
Universal Scientific Industrial (Shanghai) Co Ltd provides design, miniaturization, material sourcing, manufacturing, logistics, and after services of electronic devices and modules for brand owners. It mainly focuses on manufacturing electronic parts including wireless communications products, flat LCD display components, and storage products. The company's sales service network exists in North America, Europe, Japan, China, Taiwan, and manufacturing sites in China, Taiwan, Korea and Mexico.
Executives
Shi Jin Peng senior management
Wei Zhen Yan Directors, senior managers
Liu Dan Yang senior management
Chen Feng Da senior management
Lin Da Yi senior management
Chen Chang Yi Directors, senior managers
You Jia Xiong senior management
Lin Yue Ming senior management

Universal Scientific Industrial (Shanghai) Co (SHSE:601231) Headlines

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