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Fujian Jinsen Forestry Co (SZSE:002679) Cyclically Adjusted FCF per Share : ¥0.01 (As of Mar. 2024)


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What is Fujian Jinsen Forestry 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.

Fujian Jinsen Forestry Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.166. 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 ¥0.01 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 (2024-06-06), Fujian Jinsen Forestry Co's current stock price is ¥7.03. Fujian Jinsen Forestry Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.01. Fujian Jinsen Forestry Co's Cyclically Adjusted Price-to-FCF of today is 703.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Fujian Jinsen Forestry Co was 949.00. The lowest was 382.00. And the median was 647.00.


Fujian Jinsen Forestry Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Fujian Jinsen Forestry 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.

Fujian Jinsen Forestry Co Cyclically Adjusted FCF per Share Chart

Fujian Jinsen Forestry 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 - -0.40 -0.37 -0.30 0.02

Fujian Jinsen Forestry 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 -0.15 -0.01 -0.03 0.02 0.01

Competitive Comparison of Fujian Jinsen Forestry Co's Cyclically Adjusted FCF per Share

For the Lumber & Wood Production subindustry, Fujian Jinsen Forestry 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.


Fujian Jinsen Forestry Co's Cyclically Adjusted Price-to-FCF Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Fujian Jinsen Forestry Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Fujian Jinsen Forestry Co's Cyclically Adjusted Price-to-FCF falls into.



Fujian Jinsen Forestry 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, Fujian Jinsen Forestry 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)
=-0.166/115.2271*115.2271
=-0.166

Current CPI (Mar. 2024) = 115.2271.

Fujian Jinsen Forestry Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.320 98.200 -0.375
201409 -0.020 98.900 -0.023
201412 0.301 99.000 0.350
201503 -0.371 99.900 -0.428
201506 -0.269 99.500 -0.312
201509 0.007 100.500 0.008
201512 0.346 100.600 0.396
201603 0.012 102.200 0.014
201606 -0.037 101.400 -0.042
201609 -0.062 102.400 -0.070
201612 -0.050 102.600 -0.056
201703 -0.262 103.200 -0.293
201706 0.148 103.100 0.165
201709 0.072 104.100 0.080
201712 0.372 104.500 0.410
201803 -0.026 105.300 -0.028
201806 0.262 104.900 0.288
201809 -0.180 106.600 -0.195
201812 0.405 106.500 0.438
201903 -0.129 107.700 -0.138
201906 0.062 107.700 0.066
201909 0.080 109.800 0.084
201912 -0.090 111.200 -0.093
202003 -0.070 112.300 -0.072
202006 -0.119 110.400 -0.124
202009 0.149 111.700 0.154
202012 0.056 111.500 0.058
202103 -0.180 112.662 -0.184
202106 -0.017 111.769 -0.018
202109 0.064 112.215 0.066
202112 0.311 113.108 0.317
202203 -0.353 114.335 -0.356
202206 -0.027 114.558 -0.027
202209 -0.017 115.339 -0.017
202212 0.088 115.116 0.088
202303 -0.188 115.116 -0.188
202306 0.145 114.558 0.146
202309 -0.148 115.339 -0.148
202312 0.329 114.781 0.330
202403 -0.166 115.227 -0.166

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


Fujian Jinsen Forestry Co  (SZSE:002679) 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.

Fujian Jinsen Forestry Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=7.03/0.01
=703.00

* 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 Fujian Jinsen Forestry Co was 949.00. The lowest was 382.00. And the median was 647.00.


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.


Fujian Jinsen Forestry Co Cyclically Adjusted FCF per Share Related Terms

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


Fujian Jinsen Forestry Co (SZSE:002679) Business Description

Traded in Other Exchanges
N/A
Address
No.16,South Shuinansanhua Rd, Fujian Province, Sanming, CHN
Fujian Jinsen Forestry Co Ltd is the forest resource cultivation enterprise in China. The principal business activities of the company include forest management, afforestation, and renewal; planting of flowers and other horticultural plants. In addition, the company sales wood products, bamboo products, and primary agricultural products. The company also invest in forestry and agricultural projects.
Executives
Zhuang Zi Min Supervisors
Liao Chen Hui Supervisors

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