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Shandong Jinling Mining Co (SZSE:000655) Cyclically Adjusted FCF per Share : ¥0.27 (As of Mar. 2024)


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What is Shandong Jinling Mining 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.

Shandong Jinling Mining Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.148. 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 ¥0.27 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shandong Jinling Mining Co's average Cyclically Adjusted FCF Growth Rate was 28.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 3.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 0.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -1.30% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Shandong Jinling Mining Co was 78.30% per year. The lowest was -7.60% per year. And the median was 5.00% per year.

As of today (2024-05-18), Shandong Jinling Mining Co's current stock price is ¥6.53. Shandong Jinling Mining Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.27. Shandong Jinling Mining Co's Cyclically Adjusted Price-to-FCF of today is 24.19.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Shandong Jinling Mining Co was 59.18. The lowest was 9.42. And the median was 26.34.


Shandong Jinling Mining Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Shandong Jinling Mining 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.

Shandong Jinling Mining Co Cyclically Adjusted FCF per Share Chart

Shandong Jinling Mining 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 0.29 0.26 0.27 0.24 0.29

Shandong Jinling Mining 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 0.21 0.21 0.28 0.29 0.27

Competitive Comparison of Shandong Jinling Mining Co's Cyclically Adjusted FCF per Share

For the Coking Coal subindustry, Shandong Jinling Mining 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.


Shandong Jinling Mining Co's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Shandong Jinling Mining Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shandong Jinling Mining Co's Cyclically Adjusted Price-to-FCF falls into.



Shandong Jinling Mining 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, Shandong Jinling Mining 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)
=-0.148/115.2271*115.2271
=-0.148

Current CPI (Mar. 2024) = 115.2271.

Shandong Jinling Mining Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.005 98.200 0.006
201409 0.172 98.900 0.200
201412 -0.044 99.000 -0.051
201503 0.000 99.900 0.000
201506 -0.073 99.500 -0.085
201509 -0.066 100.500 -0.076
201512 -0.123 100.600 -0.141
201603 -0.099 102.200 -0.112
201606 -0.046 101.400 -0.052
201609 -0.079 102.400 -0.089
201612 0.031 102.600 0.035
201703 0.063 103.200 0.070
201706 0.074 103.100 0.083
201709 0.131 104.100 0.145
201712 -0.102 104.500 -0.112
201803 0.447 105.300 0.489
201806 0.101 104.900 0.111
201809 0.072 106.600 0.078
201812 -0.110 106.500 -0.119
201903 0.099 107.700 0.106
201906 0.295 107.700 0.316
201909 0.156 109.800 0.164
201912 0.128 111.200 0.133
202003 0.127 112.300 0.130
202006 0.222 110.400 0.232
202009 -0.029 111.700 -0.030
202012 -0.135 111.500 -0.140
202103 0.375 112.662 0.384
202106 0.221 111.769 0.228
202109 0.044 112.215 0.045
202112 0.019 113.108 0.019
202203 0.293 114.335 0.295
202206 0.316 114.558 0.318
202209 -0.098 115.339 -0.098
202212 -0.096 115.116 -0.096
202303 0.014 115.116 0.014
202306 0.016 114.558 0.016
202309 0.229 115.339 0.229
202312 0.195 114.781 0.196
202403 -0.148 115.227 -0.148

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


Shandong Jinling Mining Co  (SZSE:000655) 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.

Shandong Jinling Mining Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=6.53/0.27
=24.19

* 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 Shandong Jinling Mining Co was 59.18. The lowest was 9.42. And the median was 26.34.


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.


Shandong Jinling Mining Co Cyclically Adjusted FCF per Share Related Terms

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


Shandong Jinling Mining Co (SZSE:000655) Business Description

Traded in Other Exchanges
N/A
Address
Zhongbu Town, Zhangdian District, Zibo, Shandong, CHN, 255081
Shandong Jinling Mining Co Ltd operates in ferrous metal mining and dressing industry. The products of the company include iron concentrates, cobalt concentrates, pellets, and other products. The company also provides services like equipment management and maintenance, mineral processing, and technical and engineering contracting services.

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