GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Central Plains Environment Protection Co Ltd (SZSE:000544) » Definitions » Cyclically Adjusted FCF per Share

Central Plains Environment Protection Co (SZSE:000544) Cyclically Adjusted FCF per Share : ¥-1.50 (As of Mar. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Central Plains Environment Protection 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.

Central Plains Environment Protection Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.302. 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 ¥-1.50 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -33.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -45.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -34.40% 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 Central Plains Environment Protection Co was 11.90% per year. The lowest was -91.30% per year. And the median was -33.50% per year.

As of today (2024-05-23), Central Plains Environment Protection Co's current stock price is ¥8.69. Central Plains Environment Protection Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-1.50. Central Plains Environment Protection Co's Cyclically Adjusted Price-to-FCF of today is .


Central Plains Environment Protection Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Central Plains Environment Protection 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.

Central Plains Environment Protection Co Cyclically Adjusted FCF per Share Chart

Central Plains Environment Protection 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 -0.38 -0.63 -0.92 -1.24 -1.51

Central Plains Environment Protection 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 -1.35 -1.38 -1.43 -1.51 -1.50

Competitive Comparison of Central Plains Environment Protection Co's Cyclically Adjusted FCF per Share

For the Pollution & Treatment Controls subindustry, Central Plains Environment Protection 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.


Central Plains Environment Protection Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Central Plains Environment Protection Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Central Plains Environment Protection Co's Cyclically Adjusted Price-to-FCF falls into.



Central Plains Environment Protection 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, Central Plains Environment Protection 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)
=-0.302/115.2271*115.2271
=-0.302

Current CPI (Mar. 2024) = 115.2271.

Central Plains Environment Protection Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.040 98.200 -0.047
201409 -0.152 98.900 -0.177
201412 0.140 99.000 0.163
201503 -0.395 99.900 -0.456
201506 -0.058 99.500 -0.067
201509 0.461 100.500 0.529
201512 0.062 100.600 0.071
201603 -0.092 102.200 -0.104
201606 0.035 101.400 0.040
201609 -0.146 102.400 -0.164
201612 0.033 102.600 0.037
201703 -0.122 103.200 -0.136
201706 0.289 103.100 0.323
201709 -0.258 104.100 -0.286
201712 0.054 104.500 0.060
201803 -0.433 105.300 -0.474
201806 0.614 104.900 0.674
201809 -0.387 106.600 -0.418
201812 -0.152 106.500 -0.164
201903 -0.230 107.700 -0.246
201906 -0.196 107.700 -0.210
201909 -0.590 109.800 -0.619
201912 -0.335 111.200 -0.347
202003 -1.256 112.300 -1.289
202006 -0.094 110.400 -0.098
202009 -0.255 111.700 -0.263
202012 -0.738 111.500 -0.763
202103 -1.173 112.662 -1.200
202106 -0.328 111.769 -0.338
202109 -0.483 112.215 -0.496
202112 -1.194 113.108 -1.216
202203 -1.090 114.335 -1.099
202206 -0.890 114.558 -0.895
202209 -0.997 115.339 -0.996
202212 -0.536 115.116 -0.537
202303 -1.405 115.116 -1.406
202306 -0.746 114.558 -0.750
202309 -0.630 115.339 -0.629
202312 -0.672 114.781 -0.675
202403 -0.302 115.227 -0.302

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


Central Plains Environment Protection Co  (SZSE:000544) 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.


Central Plains Environment Protection Co Cyclically Adjusted FCF per Share Related Terms

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


Central Plains Environment Protection Co (SZSE:000544) Business Description

Traded in Other Exchanges
N/A
Address
Chung Dong New Area CBD Outer Ring Road and West Seven Streets, Chinese Business Building 15A, Zhengzhou, CHN, 450000
Central Plains Environment Protection Co Ltd is an integrated service provider of ecological environment. The company is engaged in the treatment of urban sewage, industrial park sewage, and industrial wastewater. The other business of the company includes sludge disposal, solid waste disposal, and central heating.

Central Plains Environment Protection Co (SZSE:000544) Headlines

No Headlines