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Global Top E-Commerce Co (SZSE:002640) Cyclically Adjusted FCF per Share : ¥-0.24 (As of Mar. 2024)


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What is Global Top E-Commerce 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.

Global Top E-Commerce Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.091. 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 ¥-0.24 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-07), Global Top E-Commerce Co's current stock price is ¥1.73. Global Top E-Commerce Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.24. Global Top E-Commerce Co's Cyclically Adjusted Price-to-FCF of today is .


Global Top E-Commerce Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Global Top E-Commerce 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.

Global Top E-Commerce Co Cyclically Adjusted FCF per Share Chart

Global Top E-Commerce 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 -0.24 -0.27 -0.25 -0.24

Global Top E-Commerce 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 -0.25 -0.27 -0.24 -0.24

Competitive Comparison of Global Top E-Commerce Co's Cyclically Adjusted FCF per Share

For the Internet Retail subindustry, Global Top E-Commerce 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.


Global Top E-Commerce Co's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Global Top E-Commerce Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Global Top E-Commerce Co's Cyclically Adjusted Price-to-FCF falls into.



Global Top E-Commerce 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, Global Top E-Commerce 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)
=-0.091/115.2271*115.2271
=-0.091

Current CPI (Mar. 2024) = 115.2271.

Global Top E-Commerce Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.019 98.200 0.022
201409 -0.020 98.900 -0.023
201412 0.047 99.000 0.055
201503 -0.091 99.900 -0.105
201506 0.141 99.500 0.163
201509 -0.113 100.500 -0.130
201512 0.096 100.600 0.110
201603 -0.699 102.200 -0.788
201606 -0.003 101.400 -0.003
201609 -0.398 102.400 -0.448
201612 -0.126 102.600 -0.142
201703 -0.393 103.200 -0.439
201706 0.353 103.100 0.395
201709 -0.344 104.100 -0.381
201712 0.069 104.500 0.076
201803 -0.201 105.300 -0.220
201806 0.022 104.900 0.024
201809 0.101 106.600 0.109
201812 -0.012 106.500 -0.013
201903 0.018 107.700 0.019
201906 -0.113 107.700 -0.121
201909 0.063 109.800 0.066
201912 -0.019 111.200 -0.020
202003 -0.409 112.300 -0.420
202006 0.486 110.400 0.507
202009 -0.499 111.700 -0.515
202012 0.264 111.500 0.273
202103 -0.012 112.662 -0.012
202106 -0.454 111.769 -0.468
202109 0.165 112.215 0.169
202112 0.107 113.108 0.109
202203 -0.212 114.335 -0.214
202206 0.081 114.558 0.081
202209 -0.299 115.339 -0.299
202212 0.363 115.116 0.363
202303 -0.223 115.116 -0.223
202306 0.094 114.558 0.095
202309 -0.149 115.339 -0.149
202312 0.193 114.781 0.194
202403 -0.091 115.227 -0.091

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


Global Top E-Commerce Co  (SZSE:002640) 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.


Global Top E-Commerce Co Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Global Top E-Commerce Co's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Global Top E-Commerce Co (SZSE:002640) Business Description

Traded in Other Exchanges
N/A
Address
No. 632 Jianshe South Road, Shanxi, Taiyuan, CHN, 030006
Global Top E-Commerce Co Ltd is a China-based cross-border e-commerce enterprise. It distributes apparel and household products, electronic products, dress and personal adornment and cosmetics and other products through its e-commerce distribution platforms.
Executives
Yang Jian Xin Executives
Wang Li Zhu Independent director
Cai Zhao Bao Executives
Li Yong Director
Wu Yi Yi Executives
Gong Jian Supervisors
Lin Xu Chao Executives
Zhang Qian Supervisors
Ban Jun Peng Executives
Ji Yong Executives
Zhang Hong Xia Directors, Directors, and Executives
Xie Yu Jia Executives
Lu Pei Gang Director
Li Yu Xia Directors, executives
Gao Li Supervisors

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