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Fujiannmu Group Co (SZSE:000632) Cyclically Adjusted FCF per Share : ¥0.37 (As of Mar. 2024)


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What is Fujiannmu Group 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.

Fujiannmu Group Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥0.152. 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 ¥0.37 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Fujiannmu Group Co's average Cyclically Adjusted FCF Growth Rate was 15.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 93.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 1.20% 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 Fujiannmu Group Co was 124.10% per year. The lowest was -34.10% per year. And the median was -10.20% per year.

As of today (2024-05-28), Fujiannmu Group Co's current stock price is ¥3.21. Fujiannmu Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.37. Fujiannmu Group Co's Cyclically Adjusted Price-to-FCF of today is 8.68.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Fujiannmu Group Co was 424.00. The lowest was 7.65. And the median was 25.43.


Fujiannmu Group Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Fujiannmu Group 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.

Fujiannmu Group Co Cyclically Adjusted FCF per Share Chart

Fujiannmu Group 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 0.45 0.04 0.20 0.22 0.29

Fujiannmu Group 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 0.32 0.35 0.35 0.29 0.37

Competitive Comparison of Fujiannmu Group Co's Cyclically Adjusted FCF per Share

For the Real Estate - Diversified subindustry, Fujiannmu Group 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.


Fujiannmu Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Fujiannmu Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Fujiannmu Group 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, Fujiannmu Group 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)
=0.152/115.2271*115.2271
=0.152

Current CPI (Mar. 2024) = 115.2271.

Fujiannmu Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.141 98.200 -0.165
201409 0.159 98.900 0.185
201412 -0.422 99.000 -0.491
201503 -0.301 99.900 -0.347
201506 0.192 99.500 0.222
201509 0.509 100.500 0.584
201512 0.206 100.600 0.236
201603 -0.621 102.200 -0.700
201606 -0.981 101.400 -1.115
201609 1.091 102.400 1.228
201612 0.909 102.600 1.021
201703 -0.330 103.200 -0.368
201706 0.765 103.100 0.855
201709 0.456 104.100 0.505
201712 -0.275 104.500 -0.303
201803 0.812 105.300 0.889
201806 -0.233 104.900 -0.256
201809 1.369 106.600 1.480
201812 -0.295 106.500 -0.319
201903 1.018 107.700 1.089
201906 0.809 107.700 0.866
201909 0.726 109.800 0.762
201912 0.612 111.200 0.634
202003 -0.560 112.300 -0.575
202006 -0.845 110.400 -0.882
202009 -1.474 111.700 -1.521
202012 -1.056 111.500 -1.091
202103 0.182 112.662 0.186
202106 -0.621 111.769 -0.640
202109 0.659 112.215 0.677
202112 0.589 113.108 0.600
202203 -0.608 114.335 -0.613
202206 -0.065 114.558 -0.065
202209 0.426 115.339 0.426
202212 0.716 115.116 0.717
202303 0.803 115.116 0.804
202306 0.127 114.558 0.128
202309 -0.350 115.339 -0.350
202312 -0.748 114.781 -0.751
202403 0.152 115.227 0.152

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


Fujiannmu Group Co  (SZSE:000632) 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.

Fujiannmu Group Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=3.21/0.37
=8.68

* 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 Fujiannmu Group Co was 424.00. The lowest was 7.65. And the median was 25.43.


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.


Fujiannmu Group Co Cyclically Adjusted FCF per Share Related Terms

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Fujiannmu Group Co (SZSE:000632) Business Description

Traded in Other Exchanges
N/A
Address
No. 162, Junzhu Road, Development Zone, Fujian Province, Fuzhou, CHN, 350009
Fujian Sanmu Group Co Ltd is engaged in real estate development, operating property, operation management, and import and export trade.
Executives
Lu Shao Hui Independent director
Gao Xu Bin Directors, executives
Xie Ming Feng Executives
Zhao Zheng Supervisors
Chen Ming Sen Independent director
Wang Han Secretary Dong
Zheng Hui Chuan Executives
Cai Qin Ming Directors, executives
Liu Feng Executives
Lan Juan Director
Lin Hong Director
Zheng Xing Guang Directors, executives
Li Jian Na Supervisors
Zhang Hong Jian Supervisors

Fujiannmu Group Co (SZSE:000632) Headlines

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