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By-health Co (SZSE:300146) Cyclically Adjusted FCF per Share : ¥0.61 (As of Mar. 2024)


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What is By-health 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.

By-health Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥0.031. 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 ¥0.61 for the trailing ten years ended in Mar. 2024.

During the past 12 months, By-health Co's average Cyclically Adjusted FCF Growth Rate was -6.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 13.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 18.20% 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 By-health Co was 23.70% per year. The lowest was 13.00% per year. And the median was 20.30% per year.

As of today (2024-06-06), By-health Co's current stock price is ¥14.86. By-health Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.61. By-health Co's Cyclically Adjusted Price-to-FCF of today is 24.36.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of By-health Co was 84.70. The lowest was 24.03. And the median was 49.82.


By-health Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for By-health 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.

By-health Co Cyclically Adjusted FCF per Share Chart

By-health 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 0.35 0.43 0.53 0.61 0.62

By-health 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 0.65 0.59 0.60 0.62 0.61

Competitive Comparison of By-health Co's Cyclically Adjusted FCF per Share

For the Packaged Foods subindustry, By-health 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.


By-health Co's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, By-health Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where By-health Co's Cyclically Adjusted Price-to-FCF falls into.



By-health 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, By-health 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)
=0.031/115.2271*115.2271
=0.031

Current CPI (Mar. 2024) = 115.2271.

By-health Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.149 98.200 0.175
201409 0.002 98.900 0.002
201412 0.044 99.000 0.051
201503 0.063 99.900 0.073
201506 0.158 99.500 0.183
201509 -0.051 100.500 -0.058
201512 0.087 100.600 0.100
201603 0.056 102.200 0.063
201606 0.163 101.400 0.185
201609 0.067 102.400 0.075
201612 0.085 102.600 0.095
201703 0.056 103.200 0.063
201706 0.223 103.100 0.249
201709 0.099 104.100 0.110
201712 0.161 104.500 0.178
201803 0.069 105.300 0.076
201806 0.218 104.900 0.239
201809 0.202 106.600 0.218
201812 0.267 106.500 0.289
201903 -0.064 107.700 -0.068
201906 0.269 107.700 0.288
201909 0.131 109.800 0.137
201912 0.477 111.200 0.494
202003 0.013 112.300 0.013
202006 0.356 110.400 0.372
202009 0.285 111.700 0.294
202012 0.130 111.500 0.134
202103 0.008 112.662 0.008
202106 0.376 111.769 0.388
202109 0.088 112.215 0.090
202112 0.453 113.108 0.461
202203 -0.044 114.335 -0.044
202206 0.194 114.558 0.195
202209 0.223 115.339 0.223
202212 0.287 115.116 0.287
202303 0.370 115.116 0.370
202306 -0.403 114.558 -0.405
202309 0.138 115.339 0.138
202312 0.370 114.781 0.371
202403 0.031 115.227 0.031

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


By-health Co  (SZSE:300146) 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.

By-health Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=14.86/0.61
=24.36

* 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 By-health Co was 84.70. The lowest was 24.03. And the median was 49.82.


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.


By-health Co Cyclically Adjusted FCF per Share Related Terms

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


By-health Co (SZSE:300146) Business Description

Traded in Other Exchanges
N/A
Address
No. 19 Xinghan Road, Sanzao Technology Industrial Park, Jinwan District, Guangdong Province, Zhuhai City, CHN, 510663
By-health Co Ltd, formerly Guangdong By-Health Biotechnology Co., Ltd. develops, produces and sells nutritional supplements, functional health food, and natural dietary supplement products to help people improve their health and quality of life.
Executives
Liang Shui Sheng Director
Chen Hong Executives
Tang Hui Director
Jiang Gang Supervisors
Lin Zhi Cheng Directors, executives
Cai Liang Ping Executives
Wang Wen Supervisors
Wu Zhen Yu Executives
Liang Yun Chao Director
Tang Jin Yin Securities Affairs Representative
Long Cui Yun Executives
Zhou Xu Ting Executives

By-health Co (SZSE:300146) Headlines

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