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Ningbo Shuanglin Auto Parts Co (SZSE:300100) Cyclically Adjusted FCF per Share : ¥0.21 (As of Mar. 2024)


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What is Ningbo Shuanglin Auto Parts 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.

Ningbo Shuanglin Auto Parts Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.098. 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 ¥0.21 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ningbo Shuanglin Auto Parts Co's average Cyclically Adjusted FCF Growth Rate was 133.30% 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.

As of today (2024-05-31), Ningbo Shuanglin Auto Parts Co's current stock price is ¥10.72. Ningbo Shuanglin Auto Parts Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.21. Ningbo Shuanglin Auto Parts Co's Cyclically Adjusted Price-to-FCF of today is 51.05.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ningbo Shuanglin Auto Parts Co was 1399.00. The lowest was 33.05. And the median was 111.14.


Ningbo Shuanglin Auto Parts Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ningbo Shuanglin Auto Parts 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.

Ningbo Shuanglin Auto Parts Co Cyclically Adjusted FCF per Share Chart

Ningbo Shuanglin Auto Parts 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 -0.01 0.05 0.11 0.20

Ningbo Shuanglin Auto Parts 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 0.09 0.14 0.16 0.20 0.21

Competitive Comparison of Ningbo Shuanglin Auto Parts Co's Cyclically Adjusted FCF per Share

For the Auto Parts subindustry, Ningbo Shuanglin Auto Parts 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.


Ningbo Shuanglin Auto Parts Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ningbo Shuanglin Auto Parts Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Ningbo Shuanglin Auto Parts Co's Cyclically Adjusted Price-to-FCF falls into.



Ningbo Shuanglin Auto Parts 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, Ningbo Shuanglin Auto Parts 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)
=-0.098/115.2271*115.2271
=-0.098

Current CPI (Mar. 2024) = 115.2271.

Ningbo Shuanglin Auto Parts Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.329 98.200 -0.386
201409 -0.178 98.900 -0.207
201412 -0.332 99.000 -0.386
201503 0.016 99.900 0.018
201506 0.003 99.500 0.003
201509 -0.016 100.500 -0.018
201512 0.163 100.600 0.187
201603 -0.085 102.200 -0.096
201606 -0.059 101.400 -0.067
201609 0.485 102.400 0.546
201612 -0.435 102.600 -0.489
201703 -0.032 103.200 -0.036
201706 -0.125 103.100 -0.140
201709 -0.072 104.100 -0.080
201712 -0.064 104.500 -0.071
201803 0.293 105.300 0.321
201806 -0.096 104.900 -0.105
201809 0.284 106.600 0.307
201812 0.241 106.500 0.261
201903 0.097 107.700 0.104
201906 0.192 107.700 0.205
201909 0.006 109.800 0.006
201912 0.129 111.200 0.134
202003 0.317 112.300 0.325
202006 0.421 110.400 0.439
202009 0.112 111.700 0.116
202012 0.004 111.500 0.004
202103 0.106 112.662 0.108
202106 0.208 111.769 0.214
202109 0.168 112.215 0.173
202112 -0.060 113.108 -0.061
202203 -0.128 114.335 -0.129
202206 0.663 114.558 0.667
202209 -0.077 115.339 -0.077
202212 0.120 115.116 0.120
202303 -0.245 115.116 -0.245
202306 0.299 114.558 0.301
202309 0.037 115.339 0.037
202312 0.155 114.781 0.156
202403 -0.098 115.227 -0.098

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


Ningbo Shuanglin Auto Parts Co  (SZSE:300100) 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.

Ningbo Shuanglin Auto Parts Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=10.72/0.21
=51.05

* 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 Ningbo Shuanglin Auto Parts Co was 1399.00. The lowest was 33.05. And the median was 111.14.


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.


Ningbo Shuanglin Auto Parts Co Cyclically Adjusted FCF per Share Related Terms

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


Ningbo Shuanglin Auto Parts Co (SZSE:300100) Business Description

Traded in Other Exchanges
N/A
Address
Huangxikou, Xidian Town, Ninghai, Zhejiang Province, Ningbo, CHN, 315613
Ningbo Shuanglin Auto Parts Co Ltd develops and manufactures automobile parts and accessories.
Executives
Chen You Fu Directors, executives
Qian Xue Ming Executives
Wu Rui Jue Securities Affairs Representative
Wang Ye Director
Ye Xing Secretary Dong
Liu Wen Ke Supervisors

Ningbo Shuanglin Auto Parts Co (SZSE:300100) Headlines

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