GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lu Hai Holding Corp (TPE:2115) » Definitions » Cyclically Adjusted FCF per Share

Lu Hai Holding (TPE:2115) Cyclically Adjusted FCF per Share : NT$0.40 (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Lu Hai Holding 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.

Lu Hai Holding's adjusted free cash flow per share for the three months ended in Mar. 2024 was NT$0.792. 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 NT$0.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Lu Hai Holding's average Cyclically Adjusted FCF Growth Rate was -11.10% 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), Lu Hai Holding's current stock price is NT$33.50. Lu Hai Holding's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was NT$0.40. Lu Hai Holding's Cyclically Adjusted Price-to-FCF of today is 83.75.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Lu Hai Holding was 1131.67. The lowest was 68.18. And the median was 102.86.


Lu Hai Holding Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Lu Hai Holding'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.

Lu Hai Holding Cyclically Adjusted FCF per Share Chart

Lu Hai Holding 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 - - 0.06 0.38 0.28

Lu Hai Holding 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 0.45 0.44 0.39 0.28 0.40

Competitive Comparison of Lu Hai Holding's Cyclically Adjusted FCF per Share

For the Auto Parts subindustry, Lu Hai Holding'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.


Lu Hai Holding's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lu Hai Holding's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Lu Hai Holding's Cyclically Adjusted Price-to-FCF falls into.



Lu Hai Holding 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, Lu Hai Holding'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)
=0.792/131.7762*131.7762
=0.792

Current CPI (Mar. 2024) = 131.7762.

Lu Hai Holding Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.304 100.560 0.398
201409 -0.065 100.428 -0.085
201412 -0.042 99.070 -0.056
201503 0.528 99.621 0.698
201506 0.137 100.684 0.179
201509 0.985 100.392 1.293
201512 0.880 99.792 1.162
201603 0.692 100.470 0.908
201606 0.333 101.688 0.432
201609 0.463 101.861 0.599
201612 0.630 101.863 0.815
201703 0.425 102.862 0.544
201706 -0.313 103.349 -0.399
201709 0.382 104.136 0.483
201712 0.428 104.011 0.542
201803 0.097 105.290 0.121
201806 0.552 106.317 0.684
201809 0.331 106.507 0.410
201812 0.454 105.998 0.564
201903 0.086 107.251 0.106
201906 -1.687 108.070 -2.057
201909 0.196 108.329 0.238
201912 -1.014 108.420 -1.232
202003 -1.300 108.902 -1.573
202006 -0.845 108.767 -1.024
202009 -0.287 109.815 -0.344
202012 -1.671 109.897 -2.004
202103 -1.656 111.754 -1.953
202106 -0.111 114.631 -0.128
202109 -0.983 115.734 -1.119
202112 1.223 117.630 1.370
202203 0.321 121.301 0.349
202206 -0.686 125.017 -0.723
202209 2.056 125.227 2.164
202212 1.471 125.222 1.548
202303 0.813 127.348 0.841
202306 -0.173 128.729 -0.177
202309 0.072 129.860 0.073
202312 -0.405 129.419 -0.412
202403 0.792 131.776 0.792

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


Lu Hai Holding  (TPE:2115) 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.

Lu Hai Holding's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=33.50/0.4
=83.75

* 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 Lu Hai Holding was 1131.67. The lowest was 68.18. And the median was 102.86.


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.


Lu Hai Holding Cyclically Adjusted FCF per Share Related Terms

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


Lu Hai Holding (TPE:2115) Business Description

Traded in Other Exchanges
N/A
Address
No. 64, Shing-Kong 5th Road, Tien-Chung Industrial District, Tien-Chung, Chang-Hua, TWN
Lu Hai Holding Corp operates in the auto parts industry. It is engaged in the production, processing and sale of tire valves and accessories The company serves the tire, automobile, truck and agriculture vehicles industry.

Lu Hai Holding (TPE:2115) Headlines

No Headlines