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Lijiang Yulong Tourism Co (SZSE:002033) Cyclically Adjusted FCF per Share : ¥0.27 (As of Mar. 2024)


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What is Lijiang Yulong Tourism 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.

Lijiang Yulong Tourism Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥0.040. 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, Lijiang Yulong Tourism Co's average Cyclically Adjusted FCF Growth Rate was 3.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -4.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 0.50% 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 Lijiang Yulong Tourism Co was 146.60% per year. The lowest was -6.30% per year. And the median was 26.00% per year.

As of today (2024-06-05), Lijiang Yulong Tourism Co's current stock price is ¥9.10. Lijiang Yulong Tourism Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.27. Lijiang Yulong Tourism Co's Cyclically Adjusted Price-to-FCF of today is 33.70.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Lijiang Yulong Tourism Co was 960.00. The lowest was 19.32. And the median was 37.69.


Lijiang Yulong Tourism Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Lijiang Yulong Tourism 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.

Lijiang Yulong Tourism Co Cyclically Adjusted FCF per Share Chart

Lijiang Yulong Tourism 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 0.28 0.30 0.22 0.23 0.26

Lijiang Yulong Tourism 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 0.26 0.27 0.27 0.26 0.27

Competitive Comparison of Lijiang Yulong Tourism Co's Cyclically Adjusted FCF per Share

For the Lodging subindustry, Lijiang Yulong Tourism 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.


Lijiang Yulong Tourism Co's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Lijiang Yulong Tourism Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Lijiang Yulong Tourism Co's Cyclically Adjusted Price-to-FCF falls into.



Lijiang Yulong Tourism 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, Lijiang Yulong Tourism 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)
=0.04/115.2271*115.2271
=0.040

Current CPI (Mar. 2024) = 115.2271.

Lijiang Yulong Tourism Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.138 98.200 0.162
201409 0.201 98.900 0.234
201412 0.118 99.000 0.137
201503 -0.034 99.900 -0.039
201506 0.201 99.500 0.233
201509 0.180 100.500 0.206
201512 0.109 100.600 0.125
201603 0.017 102.200 0.019
201606 0.187 101.400 0.212
201609 0.234 102.400 0.263
201612 0.071 102.600 0.080
201703 0.040 103.200 0.045
201706 0.139 103.100 0.155
201709 0.213 104.100 0.236
201712 0.025 104.500 0.028
201803 -0.007 105.300 -0.008
201806 0.196 104.900 0.215
201809 0.070 106.600 0.076
201812 -0.194 106.500 -0.210
201903 -0.006 107.700 -0.006
201906 0.055 107.700 0.059
201909 0.171 109.800 0.179
201912 -0.107 111.200 -0.111
202003 -0.112 112.300 -0.115
202006 -0.128 110.400 -0.134
202009 0.188 111.700 0.194
202012 0.059 111.500 0.061
202103 -0.065 112.662 -0.066
202106 -0.191 111.769 -0.197
202109 0.040 112.215 0.041
202112 -0.161 113.108 -0.164
202203 -0.103 114.335 -0.104
202206 -0.036 114.558 -0.036
202209 0.568 115.339 0.567
202212 -0.105 115.116 -0.105
202303 0.092 115.116 0.092
202306 0.157 114.558 0.158
202309 0.207 115.339 0.207
202312 0.005 114.781 0.005
202403 0.040 115.227 0.040

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


Lijiang Yulong Tourism Co  (SZSE:002033) 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.

Lijiang Yulong Tourism Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=9.10/0.27
=33.70

* 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 Lijiang Yulong Tourism Co was 960.00. The lowest was 19.32. And the median was 37.69.


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.


Lijiang Yulong Tourism Co Cyclically Adjusted FCF per Share Related Terms

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


Lijiang Yulong Tourism Co (SZSE:002033) Business Description

Traded in Other Exchanges
N/A
Address
No. 760, Xianggeli Avenue, Lijiang Yulong Tourism Building, Gucheng District, Yunnan Province, Lijiang, CHN, 674100
Lijiang Yulong Tourism Co Ltd is a comprehensive tourism group enterprise. It generally covers ropeway services, eco-car transportation, tourism souvenir development, hotel services, cultural performances, catering services, travel agencies and research and development of biological resources. Further, it is also involved in providing cableway services and other ancillary services. Geographically, the activities are carried out through the region of China.
Executives
Deng Li Xing Supervisors
Yang Ning Directors, executives
Liu Xiao Hua Directors, executives
Wang Xia Supervisors, within half a year of separation
Hao Gang Supervisors

Lijiang Yulong Tourism Co (SZSE:002033) Headlines

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