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Xiamen Port Development Co (SZSE:000905) Cyclically Adjusted FCF per Share : ¥-0.32 (As of Mar. 2024)


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What is Xiamen Port Development 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.

Xiamen Port Development Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-1.054. 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 ¥-0.32 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 7.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 1.50% 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 Xiamen Port Development Co was 7.40% per year. The lowest was -54.20% per year. And the median was -22.90% per year.

As of today (2024-06-05), Xiamen Port Development Co's current stock price is ¥6.04. Xiamen Port Development Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.32. Xiamen Port Development Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Xiamen Port Development Co was 792.00. The lowest was 58.00. And the median was 156.50.


Xiamen Port Development Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Xiamen Port Development 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.

Xiamen Port Development Co Cyclically Adjusted FCF per Share Chart

Xiamen Port Development 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 -0.25 -0.29 -0.20 -0.22 -0.23

Xiamen Port Development 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 -0.20 -0.25 -0.09 -0.23 -0.32

Competitive Comparison of Xiamen Port Development Co's Cyclically Adjusted FCF per Share

For the Marine Shipping subindustry, Xiamen Port Development 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.


Xiamen Port Development Co's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Xiamen Port Development Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Xiamen Port Development Co's Cyclically Adjusted Price-to-FCF falls into.



Xiamen Port Development 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, Xiamen Port Development 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)
=-1.054/115.2271*115.2271
=-1.054

Current CPI (Mar. 2024) = 115.2271.

Xiamen Port Development Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.613 98.200 -0.719
201409 0.279 98.900 0.325
201412 -0.420 99.000 -0.489
201503 -0.133 99.900 -0.153
201506 0.091 99.500 0.105
201509 -0.016 100.500 -0.018
201512 0.436 100.600 0.499
201603 -0.490 102.200 -0.552
201606 0.294 101.400 0.334
201609 0.212 102.400 0.239
201612 -0.350 102.600 -0.393
201703 -0.607 103.200 -0.678
201706 0.265 103.100 0.296
201709 -0.295 104.100 -0.327
201712 -0.159 104.500 -0.175
201803 -0.167 105.300 -0.183
201806 -0.024 104.900 -0.026
201809 -0.271 106.600 -0.293
201812 -0.003 106.500 -0.003
201903 0.440 107.700 0.471
201906 -0.662 107.700 -0.708
201909 -0.284 109.800 -0.298
201912 0.623 111.200 0.646
202003 -0.571 112.300 -0.586
202006 0.544 110.400 0.568
202009 0.169 111.700 0.174
202012 -0.150 111.500 -0.155
202103 -0.683 112.662 -0.699
202106 0.024 111.769 0.025
202109 1.178 112.215 1.210
202112 0.158 113.108 0.161
202203 -0.996 114.335 -1.004
202206 1.149 114.558 1.156
202209 0.601 115.339 0.600
202212 -0.993 115.116 -0.994
202303 0.101 115.116 0.101
202306 -0.572 114.558 -0.575
202309 1.456 115.339 1.455
202312 -1.442 114.781 -1.448
202403 -1.054 115.227 -1.054

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


Xiamen Port Development Co  (SZSE:000905) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Xiamen Port Development Co was 792.00. The lowest was 58.00. And the median was 156.50.


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.


Xiamen Port Development Co Cyclically Adjusted FCF per Share Related Terms

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


Xiamen Port Development Co (SZSE:000905) Business Description

Traded in Other Exchanges
N/A
Address
Changan Road, 13th Floor, Joint Inspection Building, Haitian Port Area, Huli District, Fujian, Xiamen, CHN, 361006
Xiamen Port Development Co Ltd provides port logistics services. It is mainly engaged in the port-based integrated logistics business, loading and unloading of bulk cargo, domestic trade containers, storage, warehousing, and berthing business. Further, the group is also engaged in ship agency, terminal loading and unloading, notarization, assistance in berthing, warehousing, transportation and others. The firm holds an intensive logistics network and has established close business relationships with customers in more than 180 countries and regions in the world.
Executives
Liu Xiao Long Supervisors
Liu Lu Hua Independent director
Cai Li Qun Directors, executives
Liu Xiang Executives

Xiamen Port Development Co (SZSE:000905) Headlines

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