GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Keboda Technology Co Ltd (SHSE:603786) » Definitions » Cyclically Adjusted FCF per Share

Keboda Technology Co (SHSE:603786) Cyclically Adjusted FCF per Share : ¥0.52 (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Keboda Technology 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.

Keboda Technology Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥0.262. 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 ¥0.52 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Keboda Technology Co's average Cyclically Adjusted FCF Growth Rate was -13.30% 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.

As of today (2024-06-09), Keboda Technology Co's current stock price is ¥68.30. Keboda Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.52. Keboda Technology Co's Cyclically Adjusted Price-to-FCF of today is 131.35.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Keboda Technology Co was 147.12. The lowest was 87.30. And the median was 125.20.


Keboda Technology Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Keboda Technology 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.

Keboda Technology Co Cyclically Adjusted FCF per Share Chart

Keboda Technology 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 - - - - 0.50

Keboda Technology 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 0.60 0.57 0.57 0.50 0.52

Competitive Comparison of Keboda Technology Co's Cyclically Adjusted FCF per Share

For the Auto Parts subindustry, Keboda Technology 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.


Keboda Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Keboda Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Keboda Technology 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, Keboda Technology 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)
=0.262/115.2271*115.2271
=0.262

Current CPI (Mar. 2024) = 115.2271.

Keboda Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201009 0.000 87.267 0.000
201012 0.000 89.289 0.000
201103 0.000 91.154 0.000
201106 0.000 91.612 0.000
201109 0.000 92.711 0.000
201112 0.000 92.885 0.000
201203 0.000 94.367 0.000
201209 0.000 94.482 0.000
201212 0.000 95.237 0.000
201303 0.000 96.372 0.000
201306 0.000 95.984 0.000
201309 0.000 97.332 0.000
201412 0.000 99.000 0.000
201512 0.000 100.600 0.000
201612 0.000 102.600 0.000
201706 0.000 103.100 0.000
201712 0.000 104.500 0.000
201809 0.000 106.600 0.000
201812 0.000 106.500 0.000
201903 0.118 107.700 0.126
201906 0.147 107.700 0.157
201909 0.661 109.800 0.694
201912 0.258 111.200 0.267
202003 0.429 112.300 0.440
202006 -0.015 110.400 -0.016
202009 0.261 111.700 0.269
202012 0.374 111.500 0.387
202103 0.198 112.662 0.203
202106 0.059 111.769 0.061
202109 0.164 112.215 0.168
202112 0.201 113.108 0.205
202203 -0.454 114.335 -0.458
202206 0.237 114.558 0.238
202209 -0.463 115.339 -0.463
202212 0.113 115.116 0.113
202303 0.162 115.116 0.162
202306 0.017 114.558 0.017
202309 0.140 115.339 0.140
202312 -0.217 114.781 -0.218
202403 0.262 115.227 0.262

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


Keboda Technology Co  (SHSE:603786) 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.

Keboda Technology Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=68.30/0.52
=131.35

* 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 Keboda Technology Co was 147.12. The lowest was 87.30. And the median was 125.20.


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.


Keboda Technology Co Cyclically Adjusted FCF per Share Related Terms

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


Keboda Technology Co (SHSE:603786) Business Description

Traded in Other Exchanges
N/A
Address
No. 2388, Zuchongzhi Road, Building 1-2, Pilot Free Trade Zone, Shanghai, CHN, 201203
Keboda Technology Co Ltd is engaged in the research and development, production and sales of automotive electronics related products. It offers automotive lighting control systems, motor control systems, energy management systems and other electronic products.
Executives
Wang Li senior management
Fan Jian Hua senior management

Keboda Technology Co (SHSE:603786) Headlines

No Headlines