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Lenovo Group (FRA:LHL) Cyclically Adjusted FCF per Share : €0.00 (As of Mar. 2024)


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What is Lenovo Group 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.

Lenovo Group's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.020. 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 €0.00 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 9.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 7.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -2.90% 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 Lenovo Group was 11.30% per year. The lowest was -15.40% per year. And the median was -6.05% per year.

As of today (2024-05-24), Lenovo Group's current stock price is €1.32. Lenovo Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.00. Lenovo Group's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Lenovo Group was 23.82. The lowest was 8.34. And the median was 13.40.


Lenovo Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Lenovo Group'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.

Lenovo Group Cyclically Adjusted FCF per Share Chart

Lenovo Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.06 0.06 0.07 -

Lenovo Group 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 0.07 0.07 0.07 0.06 -

Competitive Comparison of Lenovo Group's Cyclically Adjusted FCF per Share

For the Computer Hardware subindustry, Lenovo Group'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.


Lenovo Group's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Lenovo Group 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, Lenovo Group'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)
=0.02/117.7354*117.7354
=0.020

Current CPI (Mar. 2024) = 117.7354.

Lenovo Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.005 96.409 0.006
201409 0.002 97.948 0.002
201412 0.040 99.707 0.047
201503 -0.114 99.927 -0.134
201506 -0.037 99.267 -0.044
201509 0.057 99.927 0.067
201512 0.016 102.015 0.018
201603 -0.087 102.785 -0.100
201606 -0.009 101.686 -0.010
201609 0.113 102.565 0.130
201612 0.014 103.225 0.016
201703 -0.012 103.335 -0.014
201706 -0.061 103.664 -0.069
201709 0.015 103.994 0.017
201712 0.005 104.984 0.006
201803 -0.064 105.973 -0.071
201806 0.015 106.193 0.017
201809 -0.005 106.852 -0.006
201812 0.098 107.622 0.107
201903 -0.051 108.172 -0.056
201906 -0.027 109.601 -0.029
201909 0.082 110.260 0.088
201912 0.022 110.700 0.023
202003 0.013 110.920 0.014
202006 0.011 110.590 0.012
202009 0.038 107.512 0.042
202012 0.110 109.711 0.118
202103 0.019 111.579 0.020
202106 0.010 111.360 0.011
202109 0.083 109.051 0.090
202112 0.016 112.349 0.017
202203 0.078 113.558 0.081
202206 0.001 113.448 0.001
202209 0.131 113.778 0.136
202212 -0.026 114.548 -0.027
202303 -0.010 115.427 -0.010
202306 0.023 115.647 0.023
202309 0.008 116.087 0.008
202312 0.001 117.296 0.001
202403 0.020 117.735 0.020

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


Lenovo Group  (FRA:LHL) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Lenovo Group was 23.82. The lowest was 8.34. And the median was 13.40.


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.


Lenovo Group Cyclically Adjusted FCF per Share Related Terms

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


Lenovo Group (FRA:LHL) Business Description

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979 King's Road, 23rd Floor, Lincoln House, Taikoo Place, Quarry Bay, Hong Kong, HKG
Lenovo is a global technology hardware company with a leading market share in personal computers. Its operations are divided into three main business segments: PC and smart devices, mobile, and data center, which we expect to account for 55%, 11%, and 19% of sales in the midterm, respectively. The firm has been actively growing its data center business, which primarily sells network servers to enterprise and hyperscale customers, as well as storage equipment through its mainland China joint venture with NetApp. Server-related revenue contribution has jumped to 16% of overall sales in fiscal 2022, from 6% in 2015.

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