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Shanghai Zijiang Enterprise Group Co (SHSE:600210) Cyclically Adjusted FCF per Share : ¥0.44 (As of Mar. 2024)


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What is Shanghai Zijiang Enterprise Group 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.

Shanghai Zijiang Enterprise Group Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.267. 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 ¥0.44 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shanghai Zijiang Enterprise Group Co's average Cyclically Adjusted FCF Growth Rate was 18.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 3.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 1.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 4.60% 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 Shanghai Zijiang Enterprise Group Co was 23.30% per year. The lowest was -0.90% per year. And the median was 7.95% per year.

As of today (2024-05-20), Shanghai Zijiang Enterprise Group Co's current stock price is ¥5.91. Shanghai Zijiang Enterprise Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.44. Shanghai Zijiang Enterprise Group Co's Cyclically Adjusted Price-to-FCF of today is 13.43.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Shanghai Zijiang Enterprise Group Co was 42.14. The lowest was 6.88. And the median was 13.65.


Shanghai Zijiang Enterprise Group Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Shanghai Zijiang Enterprise Group 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.

Shanghai Zijiang Enterprise Group Co Cyclically Adjusted FCF per Share Chart

Shanghai Zijiang Enterprise Group 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 0.39 0.41 0.41 0.38 0.45

Shanghai Zijiang Enterprise Group 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 0.37 0.34 0.34 0.45 0.44

Competitive Comparison of Shanghai Zijiang Enterprise Group Co's Cyclically Adjusted FCF per Share

For the Packaging & Containers subindustry, Shanghai Zijiang Enterprise Group 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.


Shanghai Zijiang Enterprise Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Shanghai Zijiang Enterprise Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shanghai Zijiang Enterprise Group Co's Cyclically Adjusted Price-to-FCF falls into.



Shanghai Zijiang Enterprise Group 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, Shanghai Zijiang Enterprise Group 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)
=-0.267/115.2271*115.2271
=-0.267

Current CPI (Mar. 2024) = 115.2271.

Shanghai Zijiang Enterprise Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.127 98.200 0.149
201409 0.090 98.900 0.105
201412 0.031 99.000 0.036
201503 -0.148 99.900 -0.171
201506 0.185 99.500 0.214
201509 0.203 100.500 0.233
201512 0.049 100.600 0.056
201603 0.008 102.200 0.009
201606 0.230 101.400 0.261
201609 0.135 102.400 0.152
201612 0.093 102.600 0.104
201703 0.017 103.200 0.019
201706 0.210 103.100 0.235
201709 0.218 104.100 0.241
201712 0.059 104.500 0.065
201803 -0.008 105.300 -0.009
201806 0.191 104.900 0.210
201809 0.144 106.600 0.156
201812 0.123 106.500 0.133
201903 -0.103 107.700 -0.110
201906 0.102 107.700 0.109
201909 0.258 109.800 0.271
201912 0.151 111.200 0.156
202003 -0.112 112.300 -0.115
202006 0.276 110.400 0.288
202009 0.257 111.700 0.265
202012 0.038 111.500 0.039
202103 -0.111 112.662 -0.114
202106 0.122 111.769 0.126
202109 0.189 112.215 0.194
202112 0.076 113.108 0.077
202203 -0.187 114.335 -0.188
202206 -0.027 114.558 -0.027
202209 0.257 115.339 0.257
202212 0.065 115.116 0.065
202303 -0.029 115.116 -0.029
202306 0.024 114.558 0.024
202309 0.013 115.339 0.013
202312 1.137 114.781 1.141
202403 -0.267 115.227 -0.267

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


Shanghai Zijiang Enterprise Group Co  (SHSE:600210) 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.

Shanghai Zijiang Enterprise Group Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5.91/0.44
=13.43

* 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 Shanghai Zijiang Enterprise Group Co was 42.14. The lowest was 6.88. And the median was 13.65.


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.


Shanghai Zijiang Enterprise Group Co Cyclically Adjusted FCF per Share Related Terms

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Shanghai Zijiang Enterprise Group Co (SHSE:600210) Business Description

Traded in Other Exchanges
N/A
Address
No. 618 Shenfu Road, Xinzhuang Industrial Zone, Shanghai, CHN, 200336
Shanghai Zijiang Enterprise Group Co Ltd engages in the manufacture of packaging and printing materials as well as real estate in China. Its products include container packaging, caps and labels, crown caps, plastic labels, BOPET film, and CPP film.

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