GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dongfang Electric Corp Ltd (OTCPK:DNGFF) » Definitions » Cyclically Adjusted FCF per Share

Dongfang Electric (Dongfang Electric) Cyclically Adjusted FCF per Share : $0.04 (As of Mar. 2024)


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

What is Dongfang Electric 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.

Dongfang Electric's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.044. 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.

During the past 12 months, Dongfang Electric's average Cyclically Adjusted FCF Growth Rate was -9.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 11.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 1.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 25.30% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Dongfang Electric was 365.70% per year. The lowest was -71.50% per year. And the median was -15.80% per year.

As of today (2024-05-28), Dongfang Electric's current stock price is $0.99. Dongfang Electric's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.04. Dongfang Electric's Cyclically Adjusted Price-to-FCF of today is 24.75.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Dongfang Electric was 2247.00. The lowest was 7.39. And the median was 28.63.


Dongfang Electric Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Dongfang Electric'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.

Dongfang Electric Cyclically Adjusted FCF per Share Chart

Dongfang Electric 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 0.03 0.03 0.03 0.03 0.03

Dongfang Electric 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 0.06 0.04 0.04 0.03 0.04

Competitive Comparison of Dongfang Electric's Cyclically Adjusted FCF per Share

For the Specialty Industrial Machinery subindustry, Dongfang Electric'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.


Dongfang Electric's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dongfang Electric's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Dongfang Electric's Cyclically Adjusted Price-to-FCF falls into.



Dongfang Electric 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, Dongfang Electric'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)
=0.044/115.2271*115.2271
=0.044

Current CPI (Mar. 2024) = 115.2271.

Dongfang Electric Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.057 98.200 0.067
201409 0.053 98.900 0.062
201412 0.111 99.000 0.129
201503 -0.186 99.900 -0.215
201506 0.103 99.500 0.119
201509 0.046 100.500 0.053
201512 0.259 100.600 0.297
201603 0.000 102.200 0.000
201606 0.197 101.400 0.224
201609 0.147 102.400 0.165
201612 0.198 102.600 0.222
201703 -0.060 103.200 -0.067
201706 -0.005 103.100 -0.006
201709 0.010 104.100 0.011
201712 0.113 104.500 0.125
201803 -0.079 105.300 -0.086
201806 0.109 104.900 0.120
201809 0.106 106.600 0.115
201812 -0.174 106.500 -0.188
201903 -0.202 107.700 -0.216
201906 0.041 107.700 0.044
201909 0.024 109.800 0.025
201912 0.103 111.200 0.107
202003 -0.037 112.300 -0.038
202006 0.072 110.400 0.075
202009 0.060 111.700 0.062
202012 -0.269 111.500 -0.278
202103 -0.188 112.662 -0.192
202106 -0.051 111.769 -0.053
202109 -0.125 112.215 -0.128
202112 0.107 113.108 0.109
202203 -0.185 114.335 -0.186
202206 0.279 114.558 0.281
202209 0.054 115.339 0.054
202212 0.204 115.116 0.204
202303 -0.127 115.116 -0.127
202306 0.007 114.558 0.007
202309 -0.049 115.339 -0.049
202312 -0.042 114.781 -0.042
202403 0.044 115.227 0.044

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


Dongfang Electric  (OTCPK:DNGFF) 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.

Dongfang Electric's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.99/0.04
=24.75

* 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 Dongfang Electric was 2247.00. The lowest was 7.39. And the median was 28.63.


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.


Dongfang Electric Cyclically Adjusted FCF per Share Related Terms

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


Dongfang Electric (Dongfang Electric) Business Description

Traded in Other Exchanges
Address
18 Xixin Road, High-Tech District (Western District), Sichuan Province, Chengdu, CHN, 611731
Dongfang Electric Corp Ltd is a Chinese company engaged in the manufacture and distribution of energy generation equipment. The company specialized in power equipment manufacturing and worldwide power projects contracting for thermal, hydro, nuclear, wind, gas turbine, and combined cycle power plants. major products and services delivered or provided by each of the five reporting segments are Clean and efficient energy equipment, Renewable energy equipment, Engineering and Trade, Modern manufacturing services, and Emerging growth industry. The company distributes its products within the domestic market and overseas markets. The majority of the firm's revenue gets generated through Clean and efficient energy equipment.

Dongfang Electric (Dongfang Electric) Headlines

No Headlines