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ShiJiaZhuang Kelin Electric Co (SHSE:603050) Cyclically Adjusted FCF per Share : ¥-0.29 (As of Mar. 2024)


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What is ShiJiaZhuang Kelin Electric 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.

ShiJiaZhuang Kelin Electric Co's adjusted free cash flow per share data for the fiscal year that ended in Dec. 2023 was ¥1.157. 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 Dec. 2023.

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.

As of today (2024-06-12), ShiJiaZhuang Kelin Electric Co's current stock price is ¥ 25.98. ShiJiaZhuang Kelin Electric Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec. 2023 was ¥-0.29. ShiJiaZhuang Kelin Electric Co's Cyclically Adjusted Price-to-FCF of today is .


ShiJiaZhuang Kelin Electric Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for ShiJiaZhuang Kelin Electric 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.

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ShiJiaZhuang Kelin Electric Co Cyclically Adjusted FCF per Share Chart

ShiJiaZhuang Kelin Electric 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 - - -0.26 -0.43 -0.29

ShiJiaZhuang Kelin Electric 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 - - - -0.29 -

Competitive Comparison of ShiJiaZhuang Kelin Electric Co's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, ShiJiaZhuang Kelin Electric 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.


ShiJiaZhuang Kelin Electric Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, ShiJiaZhuang Kelin Electric Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where ShiJiaZhuang Kelin Electric Co's Cyclically Adjusted Price-to-FCF falls into.



ShiJiaZhuang Kelin Electric 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, ShiJiaZhuang Kelin Electric Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.157/114.7809*114.7809
=1.157

Current CPI (Dec. 2023) = 114.7809.

ShiJiaZhuang Kelin Electric Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.274 99.000 -0.318
201512 0.215 100.600 0.245
201612 0.246 102.600 0.275
201712 -0.540 104.500 -0.593
201812 -0.212 106.500 -0.228
201912 -0.145 111.200 -0.150
202012 -0.301 111.500 -0.310
202112 -1.322 113.108 -1.342
202212 -1.659 115.116 -1.654
202312 1.157 114.781 1.157

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


ShiJiaZhuang Kelin Electric Co  (SHSE:603050) 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.


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.


ShiJiaZhuang Kelin Electric Co Cyclically Adjusted FCF per Share Related Terms

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


ShiJiaZhuang Kelin Electric Co (SHSE:603050) Business Description

Traded in Other Exchanges
N/A
Address
South Section of Hongqi Street, Luquan District, Hebei Province, Shijiazhuang, CHN, 050222
ShiJiaZhuang Kelin Electric Co Ltd manufactures Intelligent Substation System, Distribution Network Automatic System, Comprehensive Automation and Microcomputer Protection System for Substation, Intelligent Dispatching Automation System, Energy Acquisition System, Smart Meter and Distribution Meter, It also produces Photovoltaic Inverter, HV-LV Prepaid System, HV-LV Breaker and Switchgear, HV Combined Transformer, and Prefabricated Substation.
Executives
Zhang Cheng Suo Director
Qiu Shi Yong Supervisors
Wang Yong senior management
Qu Guo Wang Director
Dong Cai Hong Director
Li Yan Ru Director
Song Jian Ling senior management
Ren Yue Ji senior management
Jia Li Xia Supervisors

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