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People.cn Co (SHSE:603000) Cyclically Adjusted FCF per Share : ¥0.29 (As of Mar. 2024)


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What is People.cn 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.

People.cn Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.246. 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 ¥0.29 for the trailing ten years ended in Mar. 2024.

During the past 12 months, People.cn Co's average Cyclically Adjusted FCF Growth Rate was 3.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.10% 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 People.cn Co was 10.10% per year. The lowest was 10.10% per year. And the median was 10.10% per year.

As of today (2024-06-07), People.cn Co's current stock price is ¥21.16. People.cn Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.29. People.cn Co's Cyclically Adjusted Price-to-FCF of today is 72.97.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of People.cn Co was 142.43. The lowest was 35.58. And the median was 70.71.


People.cn Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for People.cn 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.

People.cn Co Cyclically Adjusted FCF per Share Chart

People.cn 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 - 0.24 0.25 0.29 0.32

People.cn 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 0.28 0.28 0.29 0.32 0.29

Competitive Comparison of People.cn Co's Cyclically Adjusted FCF per Share

For the Publishing subindustry, People.cn 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.


People.cn Co's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, People.cn Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



People.cn 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, People.cn 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)
=-0.246/115.2271*115.2271
=-0.246

Current CPI (Mar. 2024) = 115.2271.

People.cn Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.135 98.200 -0.158
201409 0.354 98.900 0.412
201412 0.005 99.000 0.006
201503 -0.239 99.900 -0.276
201506 0.055 99.500 0.064
201509 0.046 100.500 0.053
201512 0.259 100.600 0.297
201603 -0.129 102.200 -0.145
201606 -0.004 101.400 -0.005
201609 -0.014 102.400 -0.016
201612 0.321 102.600 0.361
201703 -0.095 103.200 -0.106
201706 0.074 103.100 0.083
201709 0.023 104.100 0.025
201712 0.252 104.500 0.278
201803 -0.076 105.300 -0.083
201806 -0.007 104.900 -0.008
201809 0.125 106.600 0.135
201812 0.201 106.500 0.217
201903 -0.170 107.700 -0.182
201906 0.131 107.700 0.140
201909 0.207 109.800 0.217
201912 0.328 111.200 0.340
202003 -0.164 112.300 -0.168
202006 -0.017 110.400 -0.018
202009 0.152 111.700 0.157
202012 0.429 111.500 0.443
202103 -0.179 112.662 -0.183
202106 0.008 111.769 0.008
202109 0.107 112.215 0.110
202112 0.416 113.108 0.424
202203 -0.128 114.335 -0.129
202206 0.118 114.558 0.119
202209 0.004 115.339 0.004
202212 0.332 115.116 0.332
202303 -0.140 115.116 -0.140
202306 0.037 114.558 0.037
202309 0.089 115.339 0.089
202312 0.433 114.781 0.435
202403 -0.246 115.227 -0.246

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


People.cn Co  (SHSE:603000) 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.

People.cn Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=21.16/0.29
=72.97

* 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 People.cn Co was 142.43. The lowest was 35.58. And the median was 70.71.


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.


People.cn Co Cyclically Adjusted FCF per Share Related Terms

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


People.cn Co (SHSE:603000) Business Description

Traded in Other Exchanges
N/A
Address
No.2, Jintaixi Road, Chaoyang District, Beijing, CHN, 100026
People.cn Co Ltd is an online information exchange platform. The company primarily focuses on information business, internet advertisement, and mobile value-added business. The company through its online platform provides political news, economic news, society news, culture news, technology news, education news, and international news for global internet users. In addition, the company also develops and establishes local channels in approximately 31 provinces, municipalities, and autonomous regions.

People.cn Co (SHSE:603000) Headlines

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