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Shenzhen Comix Group Co (SZSE:002301) Cyclically Adjusted FCF per Share : ¥0.41 (As of Mar. 2024)


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What is Shenzhen Comix 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.

Shenzhen Comix Group 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 ¥0.41 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 39.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 62.30% 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 Shenzhen Comix Group Co was 78.30% per year. The lowest was 39.50% per year. And the median was 56.80% per year.

As of today (2024-06-01), Shenzhen Comix Group Co's current stock price is ¥5.46. Shenzhen Comix Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.41. Shenzhen Comix Group Co's Cyclically Adjusted Price-to-FCF of today is 13.32.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Shenzhen Comix Group Co was 602.00. The lowest was 12.73. And the median was 55.07.


Shenzhen Comix Group Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Shenzhen Comix 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.

Shenzhen Comix Group Co Cyclically Adjusted FCF per Share Chart

Shenzhen Comix 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 0.07 0.14 0.17 0.27 0.38

Shenzhen Comix 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 - 0.30 0.32 0.38 0.41

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

For the Business Equipment & Supplies subindustry, Shenzhen Comix 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.


Shenzhen Comix Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenzhen Comix Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Shenzhen Comix 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, Shenzhen Comix 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)
=0.04/115.2271*115.2271
=0.040

Current CPI (Mar. 2024) = 115.2271.

Shenzhen Comix Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.060 98.200 -0.070
201409 -0.031 98.900 -0.036
201412 0.462 99.000 0.538
201503 -0.227 99.900 -0.262
201506 0.028 99.500 0.032
201509 -0.133 100.500 -0.152
201512 0.125 100.600 0.143
201603 -0.027 102.200 -0.030
201606 0.367 101.400 0.417
201609 -0.074 102.400 -0.083
201612 0.329 102.600 0.369
201703 -0.495 103.200 -0.553
201706 0.233 103.100 0.260
201709 -0.249 104.100 -0.276
201712 0.184 104.500 0.203
201803 -0.386 105.300 -0.422
201806 -0.072 104.900 -0.079
201809 0.066 106.600 0.071
201812 0.930 106.500 1.006
201903 -1.070 107.700 -1.145
201906 1.162 107.700 1.243
201909 0.165 109.800 0.173
201912 0.423 111.200 0.438
202003 -0.579 112.300 -0.594
202006 0.502 110.400 0.524
202009 0.193 111.700 0.199
202012 0.515 111.500 0.532
202103 0.060 112.662 0.061
202106 -0.114 111.769 -0.118
202109 0.213 112.215 0.219
202112 0.029 113.108 0.030
202203 -0.021 114.335 -0.021
202206 0.110 114.558 0.111
202209 0.004 115.339 0.004
202212 0.295 115.116 0.295
202303 0.000 115.116 0.000
202306 0.134 114.558 0.135
202309 0.082 115.339 0.082
202312 0.677 114.781 0.680
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.


Shenzhen Comix Group Co  (SZSE:002301) 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.

Shenzhen Comix 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
=5.46/0.41
=13.32

* 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 Shenzhen Comix Group Co was 602.00. The lowest was 12.73. And the median was 55.07.


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.


Shenzhen Comix Group Co Cyclically Adjusted FCF per Share Related Terms

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Shenzhen Comix Group Co (SZSE:002301) Business Description

Traded in Other Exchanges
N/A
Address
Fuhong Road, World Trade Plaza, 05-06, 17th Floor, Building A, Futian District, Guangdong, Shenzhen, CHN, 518118
Shenzhen Comix Group Co Ltd is engaged in the research and development, manufacture and distribution of business stationery, office supplies, and office equipment.
Executives
Chen Qin Peng Directors, executives
Huang Jia Bing Directors, Directors, and Executives
Li Li Executives
Dai Sheng Jie Director
Yu Yong Kai Executives

Shenzhen Comix Group Co (SZSE:002301) Headlines

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