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Zhejiang Semir Garment Co (SZSE:002563) Cyclically Adjusted FCF per Share : ¥0.55 (As of Mar. 2024)


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What is Zhejiang Semir Garment 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.

Zhejiang Semir Garment Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥0.276. 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 ¥0.55 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Zhejiang Semir Garment Co's average Cyclically Adjusted FCF Growth Rate was 7.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.10% 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 Zhejiang Semir Garment Co was 26.80% per year. The lowest was 10.10% per year. And the median was 18.45% per year.

As of today (2024-05-27), Zhejiang Semir Garment Co's current stock price is ¥6.42. Zhejiang Semir Garment Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.55. Zhejiang Semir Garment Co's Cyclically Adjusted Price-to-FCF of today is 11.67.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Zhejiang Semir Garment Co was 74.24. The lowest was 9.08. And the median was 16.98.


Zhejiang Semir Garment Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Zhejiang Semir Garment 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.

Zhejiang Semir Garment Co Cyclically Adjusted FCF per Share Chart

Zhejiang Semir Garment 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 0.39 0.49 0.51 0.52

Zhejiang Semir Garment 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 0.51 0.53 0.51 0.52 0.55

Competitive Comparison of Zhejiang Semir Garment Co's Cyclically Adjusted FCF per Share

For the Apparel Manufacturing subindustry, Zhejiang Semir Garment 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.


Zhejiang Semir Garment Co's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Semir Garment Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Zhejiang Semir Garment Co's Cyclically Adjusted Price-to-FCF falls into.



Zhejiang Semir Garment 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, Zhejiang Semir Garment 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)
=0.276/115.2271*115.2271
=0.276

Current CPI (Mar. 2024) = 115.2271.

Zhejiang Semir Garment Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.018 98.200 -0.021
201409 0.119 98.900 0.139
201412 0.089 99.000 0.104
201503 0.132 99.900 0.152
201506 -0.124 99.500 -0.144
201509 -0.001 100.500 -0.001
201512 0.109 100.600 0.125
201603 -0.012 102.200 -0.014
201606 -0.154 101.400 -0.175
201609 -0.070 102.400 -0.079
201612 0.379 102.600 0.426
201703 -0.053 103.200 -0.059
201706 0.053 103.100 0.059
201709 0.044 104.100 0.049
201712 0.447 104.500 0.493
201803 0.075 105.300 0.082
201806 -0.186 104.900 -0.204
201809 -0.025 106.600 -0.027
201812 0.318 106.500 0.344
201903 -0.055 107.700 -0.059
201906 -0.167 107.700 -0.179
201909 -0.032 109.800 -0.034
201912 0.800 111.200 0.829
202003 -0.163 112.300 -0.167
202006 0.288 110.400 0.301
202009 0.518 111.700 0.534
202012 0.917 111.500 0.948
202103 0.250 112.662 0.256
202106 0.038 111.769 0.039
202109 0.022 112.215 0.023
202112 0.380 113.108 0.387
202203 -0.022 114.335 -0.022
202206 -0.115 114.558 -0.116
202209 0.046 115.339 0.046
202212 0.521 115.116 0.522
202303 0.144 115.116 0.144
202306 0.142 114.558 0.143
202309 -0.043 115.339 -0.043
202312 0.387 114.781 0.389
202403 0.276 115.227 0.276

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


Zhejiang Semir Garment Co  (SZSE:002563) 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.

Zhejiang Semir Garment Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=6.42/0.55
=11.67

* 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 Zhejiang Semir Garment Co was 74.24. The lowest was 9.08. And the median was 16.98.


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.


Zhejiang Semir Garment Co Cyclically Adjusted FCF per Share Related Terms

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


Zhejiang Semir Garment Co (SZSE:002563) Business Description

Traded in Other Exchanges
N/A
Address
No. 98, Nanhui Road, Yongqiao Industrial Park, Ouhai District, Zhejiang, Wenzhou, CHN, 325006
Zhejiang Semir Garment Co Ltd produces a series of adult leisure clothing and children's clothes. The company currently has two online branded services - Semir and Balabala. The company offers adult casual wear for an age group of 16 to 30 years and professional and fashionable children's wear for an age group of 0-14 years. The company brands include Semir, Balabala, The Children's Place, Marcolor, It MICHAA, Sarabanda, and others.
Executives
Qiu Guang He Director
Zhong De Da Executives
Zhang Hong Liang Executives
Shao Fei Chun Director
Xu Bo Directors, executives
Zhang Wei Executives
Chen Jia Ning Executives
Huang Jian Zhong Executives
Chen Xin Sheng Directors, executives
Qiu Jian Qiang Director
Fan Ya Jie Securities Affairs Representative
Zhou Ping Fan Directors, executives
Zong Hui Chun Securities Affairs Representative

Zhejiang Semir Garment Co (SZSE:002563) Headlines

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