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Lens Technology Co (SZSE:300433) Cyclically Adjusted FCF per Share : ¥-0.04 (As of Mar. 2024)


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What is Lens Technology 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.

Lens Technology Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥0.093. 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 ¥-0.04 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 (2024-06-01), Lens Technology Co's current stock price is ¥15.30. Lens Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.04. Lens Technology Co's Cyclically Adjusted Price-to-FCF of today is .


Lens Technology Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Lens Technology 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.

Lens Technology Co Cyclically Adjusted FCF per Share Chart

Lens Technology 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 - - - - -0.05

Lens Technology 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 -0.09 -0.13 -0.05 -0.04

Competitive Comparison of Lens Technology Co's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, Lens Technology 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.


Lens Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Lens Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Lens Technology 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, Lens Technology 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)
=0.093/115.2271*115.2271
=0.093

Current CPI (Mar. 2024) = 115.2271.

Lens Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.414 98.200 -0.486
201409 -0.377 98.900 -0.439
201412 -0.071 99.000 -0.083
201503 -0.179 99.900 -0.206
201506 -0.068 99.500 -0.079
201509 0.122 100.500 0.140
201512 0.125 100.600 0.143
201603 -0.021 102.200 -0.024
201606 -0.196 101.400 -0.223
201609 0.042 102.400 0.047
201612 0.282 102.600 0.317
201703 -0.125 103.200 -0.140
201706 -0.226 103.100 -0.253
201709 -0.270 104.100 -0.299
201712 0.134 104.500 0.148
201803 -0.119 105.300 -0.130
201806 -0.594 104.900 -0.652
201809 -0.169 106.600 -0.183
201812 -0.139 106.500 -0.150
201903 0.210 107.700 0.225
201906 -0.610 107.700 -0.653
201909 0.239 109.800 0.251
201912 0.590 111.200 0.611
202003 0.166 112.300 0.170
202006 -0.235 110.400 -0.245
202009 0.047 111.700 0.048
202012 0.396 111.500 0.409
202103 0.004 112.662 0.004
202106 0.155 111.769 0.160
202109 -0.379 112.215 -0.389
202112 0.067 113.108 0.068
202203 0.311 114.335 0.313
202206 -0.457 114.558 -0.460
202209 -0.187 115.339 -0.187
202212 0.916 115.116 0.917
202303 0.391 115.116 0.391
202306 -0.014 114.558 -0.014
202309 -0.330 115.339 -0.330
202312 0.760 114.781 0.763
202403 0.093 115.227 0.093

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


Lens Technology Co  (SZSE:300433) 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.


Lens Technology Co Cyclically Adjusted FCF per Share Related Terms

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


Lens Technology Co (SZSE:300433) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Liuyang Biomedical Park, Changsha, CHN, 410311
Lens Technology Co Ltd researches develop, produces, and sells protective glass touch panels in China. It offers protective window glass, touch screen unit, touch screen module, camera module, fingerprint module, and camera related products, as well as buttons, ceramics, metal parts, and other products. The company's products are used in mobile phones; tablet PCs, notebook computers, digital cameras, players, GPS navigation systems, automotive instrumentation, smart homes, medical equipment, and other areas.
Executives
Cai Xin Feng Executives
Zhong Zhen Zhuo Secretary Dong
Zhou Xin Yi Director
Zhou Qun Fei Directors, executives
Zhou Tian Shu Securities Affairs Representative
Li Xiao Ming Executives
Peng Meng Wu Secretary Dong
Chen Xiao Qun Supervisors
Liu Shu Guang Executives
Kuang Hong Feng Supervisors
Liu Wei Executives
Xiao Qian Feng Supervisors
Rao Qiao Bing Executives
Rao Yu Lei Independent director

Lens Technology Co (SZSE:300433) Headlines

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