GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sunresin New Materials Co Ltd Xi'an (SZSE:300487) » Definitions » Cyclically Adjusted FCF per Share

Sunresin New Materials Co Xi'an (SZSE:300487) Cyclically Adjusted FCF per Share : ¥0.29 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Sunresin New Materials Co Xi'an 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.

Sunresin New Materials Co Xi'an's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥0.021. 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 ¥0.29 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sunresin New Materials Co Xi'an's average Cyclically Adjusted FCF Growth Rate was 31.80% 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 (2024-06-09), Sunresin New Materials Co Xi'an's current stock price is ¥47.33. Sunresin New Materials Co Xi'an's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.29. Sunresin New Materials Co Xi'an's Cyclically Adjusted Price-to-FCF of today is 163.21.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Sunresin New Materials Co Xi'an was 291.67. The lowest was 146.96. And the median was 198.89.


Sunresin New Materials Co Xi'an Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sunresin New Materials Co Xi'an'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.

Sunresin New Materials Co Xi'an Cyclically Adjusted FCF per Share Chart

Sunresin New Materials Co Xi'an 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 - - - - 0.28

Sunresin New Materials Co Xi'an 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 0.22 0.22 0.27 0.28 0.29

Competitive Comparison of Sunresin New Materials Co Xi'an's Cyclically Adjusted FCF per Share

For the Chemicals subindustry, Sunresin New Materials Co Xi'an'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.


Sunresin New Materials Co Xi'an's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sunresin New Materials Co Xi'an's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Sunresin New Materials Co Xi'an's Cyclically Adjusted Price-to-FCF falls into.



Sunresin New Materials Co Xi'an 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, Sunresin New Materials Co Xi'an'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)
=0.021/115.2271*115.2271
=0.021

Current CPI (Mar. 2024) = 115.2271.

Sunresin New Materials Co Xi'an Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.010 98.200 -0.012
201409 0.007 98.900 0.008
201412 0.137 99.000 0.159
201503 -0.142 99.900 -0.164
201506 -0.061 99.500 -0.071
201509 -0.014 100.500 -0.016
201512 0.063 100.600 0.072
201603 -0.117 102.200 -0.132
201606 -0.007 101.400 -0.008
201609 0.003 102.400 0.003
201612 0.090 102.600 0.101
201703 -0.025 103.200 -0.028
201706 0.085 103.100 0.095
201709 0.041 104.100 0.045
201712 -0.019 104.500 -0.021
201803 -0.101 105.300 -0.111
201806 0.091 104.900 0.100
201809 -0.201 106.600 -0.217
201812 -0.040 106.500 -0.043
201903 -0.198 107.700 -0.212
201906 -0.244 107.700 -0.261
201909 -0.119 109.800 -0.125
201912 -0.038 111.200 -0.039
202003 -0.072 112.300 -0.074
202006 0.096 110.400 0.100
202009 0.141 111.700 0.145
202012 0.244 111.500 0.252
202103 0.097 112.662 0.099
202106 0.027 111.769 0.028
202109 0.081 112.215 0.083
202112 0.400 113.108 0.407
202203 0.328 114.335 0.331
202206 0.494 114.558 0.497
202209 0.524 115.339 0.523
202212 0.383 115.116 0.383
202303 0.238 115.116 0.238
202306 0.070 114.558 0.070
202309 0.459 115.339 0.459
202312 0.233 114.781 0.234
202403 0.021 115.227 0.021

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


Sunresin New Materials Co Xi'an  (SZSE:300487) 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.

Sunresin New Materials Co Xi'an's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=47.33/0.29
=163.21

* 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 Sunresin New Materials Co Xi'an was 291.67. The lowest was 146.96. And the median was 198.89.


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.


Sunresin New Materials Co Xi'an Cyclically Adjusted FCF per Share Related Terms

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


Sunresin New Materials Co Xi'an (SZSE:300487) Business Description

Traded in Other Exchanges
N/A
Address
No. 135, Jinye Road, Xi'an High-tech Development Zone, Sunresin Park, Shaanxi, CHN, 710076
Sunresin New Materials Co Ltd Xi'an is engaged in the research and development, manufacture, and sale of adsorption and separation polymeric resins and equipment. The company products are used in food and beverage purification, pharmaceuticals, herbal extracts, enzyme immobilization, chromatography media, membrane caustic soda, solid phase synthesis, biodiesel purification, hydrometallurgy, mining, precious metal recycling, aquarium treatment, and others.
Executives
An Yuan Directors, executives
Li Sui Dang Director
Li Yan Jun Supervisors
Fan Wen Min Supervisors
Wei Wei Jun Directors, executives
Kou Xiao Kang Directors, executives
Gao Yue Jing Director
Zhang Cheng Directors, executives
Yang Ya Ling Supervisors
Wang Ri Sheng Supervisors
Xu Shu E Supervisors
Guan Li Min Directors, executives
Su Bi Wu Supervisors
Tian Xiao Jun Directors, executives

Sunresin New Materials Co Xi'an (SZSE:300487) Headlines

No Headlines