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Yonghui Superstores Co (SHSE:601933) Cyclically Adjusted FCF per Share : ¥0.21 (As of Mar. 2024)


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What is Yonghui Superstores 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.

Yonghui Superstores Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥0.197. 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 ¥0.21 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Yonghui Superstores Co's average Cyclically Adjusted FCF Growth Rate was 31.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 73.80% 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 Yonghui Superstores Co was 73.80% per year. The lowest was 73.80% per year. And the median was 73.80% per year.

As of today (2024-05-13), Yonghui Superstores Co's current stock price is ¥2.44. Yonghui Superstores Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.21. Yonghui Superstores Co's Cyclically Adjusted Price-to-FCF of today is 11.62.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Yonghui Superstores Co was 448.50. The lowest was 10.33. And the median was 36.87.


Yonghui Superstores Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Yonghui Superstores 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.

Yonghui Superstores Co Cyclically Adjusted FCF per Share Chart

Yonghui Superstores 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 -0.01 0.04 0.11 0.16 0.21

Yonghui Superstores 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 0.16 0.17 0.21 0.21 0.21

Competitive Comparison of Yonghui Superstores Co's Cyclically Adjusted FCF per Share

For the Department Stores subindustry, Yonghui Superstores 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.


Yonghui Superstores Co's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Yonghui Superstores Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Yonghui Superstores 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, Yonghui Superstores 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)
=0.197/114.6694*114.6694
=0.197

Current CPI (Mar. 2024) = 114.6694.

Yonghui Superstores Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.072 98.200 -0.084
201409 0.064 98.900 0.074
201412 0.027 99.000 0.031
201503 0.125 99.900 0.143
201506 -0.051 99.500 -0.059
201509 0.138 100.500 0.157
201512 -0.084 100.600 -0.096
201603 0.127 102.200 0.142
201606 -0.062 101.400 -0.070
201609 0.124 102.400 0.139
201612 -0.078 102.600 -0.087
201703 0.051 103.200 0.057
201706 0.052 103.100 0.058
201709 0.054 104.100 0.059
201712 -0.101 104.500 -0.111
201803 0.065 105.300 0.071
201806 -0.073 104.900 -0.080
201809 0.024 106.600 0.026
201812 -0.119 106.500 -0.128
201903 0.107 107.700 0.114
201906 -0.022 107.700 -0.023
201909 -0.072 109.800 -0.075
201912 -0.279 111.200 -0.288
202003 0.354 112.300 0.361
202006 0.038 110.400 0.039
202009 0.054 111.700 0.055
202012 -0.031 111.500 -0.032
202103 0.072 112.662 0.073
202106 0.226 111.769 0.232
202109 0.359 112.215 0.367
202112 -0.233 113.108 -0.236
202203 0.277 114.335 0.278
202206 0.109 114.558 0.109
202209 0.096 115.339 0.095
202212 -0.004 115.116 -0.004
202303 0.110 115.116 0.110
202306 0.130 114.558 0.130
202309 0.511 115.339 0.508
202312 -0.116 114.669 -0.116
202403 0.197 114.669 0.197

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


Yonghui Superstores Co  (SHSE:601933) 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.

Yonghui Superstores Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.44/0.21
=11.62

* 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 Yonghui Superstores Co was 448.50. The lowest was 10.33. And the median was 36.87.


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.


Yonghui Superstores Co Cyclically Adjusted FCF per Share Related Terms

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


Yonghui Superstores Co (SHSE:601933) Business Description

Traded in Other Exchanges
N/A
Address
No. 436 West Second Ring Road, Fujian Province, Fuzhou, CHN, 350002
Yonghui Superstores Co Ltd in China is a supermarket chain which sells a variety of food products and some household products and supplies. Its products categories include Fresh food division, Food products division, Clothing division, and Processing division.

Yonghui Superstores Co (SHSE:601933) Headlines

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