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Fujian Furi Electronics Co (SHSE:600203) Cyclically Adjusted FCF per Share : ¥-0.45 (As of Mar. 2024)


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What is Fujian Furi Electronics 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.

Fujian Furi Electronics Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.798. 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 ¥-0.45 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 2.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -7.60% 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 Fujian Furi Electronics Co was 8.60% per year. The lowest was -71.00% per year. And the median was -12.75% per year.

As of today (2024-05-24), Fujian Furi Electronics Co's current stock price is ¥7.33. Fujian Furi Electronics Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.45. Fujian Furi Electronics Co's Cyclically Adjusted Price-to-FCF of today is .


Fujian Furi Electronics Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Fujian Furi Electronics 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.

Fujian Furi Electronics Co Cyclically Adjusted FCF per Share Chart

Fujian Furi Electronics 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 -0.48 -0.51 -0.47 -0.54 -0.39

Fujian Furi Electronics 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 -0.56 -0.65 -0.56 -0.39 -0.45

Competitive Comparison of Fujian Furi Electronics Co's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, Fujian Furi Electronics 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.


Fujian Furi Electronics Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

* The bar in red indicates where Fujian Furi Electronics Co's Cyclically Adjusted Price-to-FCF falls into.



Fujian Furi Electronics 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, Fujian Furi Electronics 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)
=-0.798/115.2271*115.2271
=-0.798

Current CPI (Mar. 2024) = 115.2271.

Fujian Furi Electronics Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.396 98.200 -0.465
201409 -0.209 98.900 -0.244
201412 -0.024 99.000 -0.028
201503 0.386 99.900 0.445
201506 -0.929 99.500 -1.076
201509 0.108 100.500 0.124
201512 -0.222 100.600 -0.254
201603 0.525 102.200 0.592
201606 -0.497 101.400 -0.565
201609 0.066 102.400 0.074
201612 -0.053 102.600 -0.060
201703 0.244 103.200 0.272
201706 -0.501 103.100 -0.560
201709 -0.380 104.100 -0.421
201712 0.436 104.500 0.481
201803 -0.253 105.300 -0.277
201806 -0.802 104.900 -0.881
201809 -0.423 106.600 -0.457
201812 0.530 106.500 0.573
201903 -0.110 107.700 -0.118
201906 0.246 107.700 0.263
201909 0.341 109.800 0.358
201912 -0.457 111.200 -0.474
202003 -0.511 112.300 -0.524
202006 -0.477 110.400 -0.498
202009 0.588 111.700 0.607
202012 0.409 111.500 0.423
202103 -0.521 112.662 -0.533
202106 -0.370 111.769 -0.381
202109 -0.289 112.215 -0.297
202112 0.619 113.108 0.631
202203 -0.715 114.335 -0.721
202206 -1.011 114.558 -1.017
202209 0.156 115.339 0.156
202212 0.514 115.116 0.514
202303 -0.324 115.116 -0.324
202306 -0.805 114.558 -0.810
202309 0.602 115.339 0.601
202312 1.136 114.781 1.140
202403 -0.798 115.227 -0.798

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


Fujian Furi Electronics Co  (SHSE:600203) 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.


Fujian Furi Electronics Co Cyclically Adjusted FCF per Share Related Terms

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Fujian Furi Electronics Co (SHSE:600203) Business Description

Traded in Other Exchanges
N/A
Address
Science and Technology Park, Innovation Building, Kuai'an Avenue, Fuzhou Development Zone, Fujian Province, Fuzhou, CHN, 350005
Fujian Furi Electronics Co Ltd is engaged in manufacturing of display devices, light emitting diodes, lighting fixtures, electric light source parts, communication terminal equipment, photovoltaic equipment and components, and intelligent control systems.

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