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Sealand Securities Co (SZSE:000750) Cyclically Adjusted FCF per Share : ¥-0.29 (As of Mar. 2024)


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What is Sealand Securities 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.

Sealand Securities Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥1.390. 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 Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 19.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 17.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 2.90% 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 Sealand Securities Co was 25.40% per year. The lowest was -142.40% per year. And the median was -7.60% per year.

As of today (2024-05-24), Sealand Securities Co's current stock price is ¥3.16. Sealand Securities Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.29. Sealand Securities Co's Cyclically Adjusted Price-to-FCF of today is .


Sealand Securities Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sealand Securities 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.

Sealand Securities Co Cyclically Adjusted FCF per Share Chart

Sealand Securities 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 -0.90 -0.76 -0.39 -0.52 -0.40

Sealand Securities 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 -0.39 -0.50 -0.56 -0.40 -0.29

Competitive Comparison of Sealand Securities Co's Cyclically Adjusted FCF per Share

For the Capital Markets subindustry, Sealand Securities 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.


Sealand Securities Co's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Sealand Securities Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Sealand Securities 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, Sealand Securities 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)
=1.39/115.2271*115.2271
=1.390

Current CPI (Mar. 2024) = 115.2271.

Sealand Securities Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.029 98.200 0.034
201409 0.596 98.900 0.694
201412 0.620 99.000 0.722
201503 0.469 99.900 0.541
201506 1.290 99.500 1.494
201509 -3.137 100.500 -3.597
201512 -0.345 100.600 -0.395
201603 -0.199 102.200 -0.224
201606 -0.954 101.400 -1.084
201609 -0.217 102.400 -0.244
201612 0.212 102.600 0.238
201703 0.014 103.200 0.016
201706 -0.415 103.100 -0.464
201709 -0.370 104.100 -0.410
201712 -0.500 104.500 -0.551
201803 0.284 105.300 0.311
201806 -0.350 104.900 -0.384
201809 0.018 106.600 0.019
201812 -0.244 106.500 -0.264
201903 1.005 107.700 1.075
201906 -0.082 107.700 -0.088
201909 -0.435 109.800 -0.457
201912 0.275 111.200 0.285
202003 -1.789 112.300 -1.836
202006 -1.293 110.400 -1.350
202009 0.542 111.700 0.559
202012 1.563 111.500 1.615
202103 -2.816 112.662 -2.880
202106 -0.195 111.769 -0.201
202109 1.268 112.215 1.302
202112 2.237 113.108 2.279
202203 -0.137 114.335 -0.138
202206 1.488 114.558 1.497
202209 0.256 115.339 0.256
202212 -2.763 115.116 -2.766
202303 1.250 115.116 1.251
202306 -1.103 114.558 -1.109
202309 -0.695 115.339 -0.694
202312 0.637 114.781 0.639
202403 1.390 115.227 1.390

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


Sealand Securities Co  (SZSE:000750) 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.


Sealand Securities Co Cyclically Adjusted FCF per Share Related Terms

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


Sealand Securities Co (SZSE:000750) Business Description

Traded in Other Exchanges
N/A
Address
No. 13, Jiaxing Road, Guangxi Zhuang Autonomous Region, Guilin, CHN, 530028
Sealand Securities Co Ltd is a China-based firm operating in the securities business. The company is principally engaged in securities brokerage, securities-related consulting, securities underwriting and sponsorship, securities investing and asset management.

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