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Shenzhen Infinvoa (SZSE:002528) Cyclically Adjusted FCF per Share : ¥-0.19 (As of Mar. 2024)


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What is Shenzhen Infinvoa 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 Infinvoa's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥0.028. 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 ¥-0.19 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 1.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -17.50% 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 Shenzhen Infinvoa was 1.70% per year. The lowest was -33.40% per year. And the median was -16.30% per year.

As of today (2024-06-01), Shenzhen Infinvoa's current stock price is ¥2.57. Shenzhen Infinvoa's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.19. Shenzhen Infinvoa's Cyclically Adjusted Price-to-FCF of today is .


Shenzhen Infinvoa Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Shenzhen Infinvoa'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 Infinvoa Cyclically Adjusted FCF per Share Chart

Shenzhen Infinvoa 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 -0.14 -0.20 -0.19 -0.22 -0.19

Shenzhen Infinvoa 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 -0.20 -0.19 -0.19 -0.19

Competitive Comparison of Shenzhen Infinvoa's Cyclically Adjusted FCF per Share

For the Security & Protection Services subindustry, Shenzhen Infinvoa'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 Infinvoa's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Shenzhen Infinvoa's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Shenzhen Infinvoa 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 Infinvoa'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)
=0.028/115.2271*115.2271
=0.028

Current CPI (Mar. 2024) = 115.2271.

Shenzhen Infinvoa Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.013 98.200 -0.015
201409 0.030 98.900 0.035
201412 -0.014 99.000 -0.016
201503 -0.165 99.900 -0.190
201506 0.067 99.500 0.078
201509 -0.124 100.500 -0.142
201512 0.106 100.600 0.121
201603 -0.097 102.200 -0.109
201606 0.025 101.400 0.028
201609 -0.045 102.400 -0.051
201612 0.004 102.600 0.004
201703 0.029 103.200 0.032
201706 -0.065 103.100 -0.073
201709 -0.048 104.100 -0.053
201712 0.018 104.500 0.020
201803 -0.085 105.300 -0.093
201806 -0.068 104.900 -0.075
201809 -0.039 106.600 -0.042
201812 -0.116 106.500 -0.126
201903 -0.164 107.700 -0.175
201906 -0.129 107.700 -0.138
201909 -0.170 109.800 -0.178
201912 -0.261 111.200 -0.270
202003 -0.107 112.300 -0.110
202006 -0.143 110.400 -0.149
202009 -0.173 111.700 -0.178
202012 -0.127 111.500 -0.131
202103 0.093 112.662 0.095
202106 0.002 111.769 0.002
202109 -0.021 112.215 -0.022
202112 -0.015 113.108 -0.015
202203 0.028 114.335 0.028
202206 0.049 114.558 0.049
202209 -0.176 115.339 -0.176
202212 -0.048 115.116 -0.048
202303 0.146 115.116 0.146
202306 -0.008 114.558 -0.008
202309 0.027 115.339 0.027
202312 0.039 114.781 0.039
202403 0.028 115.227 0.028

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


Shenzhen Infinvoa  (SZSE:002528) 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.


Shenzhen Infinvoa Cyclically Adjusted FCF per Share Related Terms

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


Shenzhen Infinvoa (SZSE:002528) Business Description

Traded in Other Exchanges
N/A
Address
6/F NO.H-3, Huaqiaocheng Ind, Shenzhen, CHN, 518110
Shenzhen Infinvoa Ltd is a China-based company engaged in the research, development, design, manufacture, and distribution of electronic security products. Its main products include Explosion Proof Camera, Fixed Cameras, Fixed Minidome Cameras, Zoom Cameras and Encoders and Decoders. The company distributes its products in domestic market and to overseas markets.
Executives
Directors, executives
Guo Shu Ling Supervisors
Hua Yuan Liu Directors, executives
Zhang Yan Feng Directors, executives
Lin Chong Directors, executives
Lin Mei Hua Securities Affairs Representative
Liao Yun He Executives
Yang Wei Min Executives
Mou Jin Shi Securities Affairs Representative

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