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Founder Technology Group Co (SHSE:600601) Cyclically Adjusted FCF per Share : ¥-0.04 (As of Mar. 2024)


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What is Founder Technology 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.

Founder Technology Group Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.025. 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 5 years, the average Cyclically Adjusted FCF Growth Rate was 9.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 10.10% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Founder Technology Group Co was 22.70% per year. The lowest was -31.00% per year. And the median was -0.05% per year.

As of today (2024-05-25), Founder Technology Group Co's current stock price is ¥2.47. Founder Technology Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.04. Founder Technology Group Co's Cyclically Adjusted Price-to-FCF of today is .


Founder Technology Group Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Founder Technology 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.

Founder Technology Group Co Cyclically Adjusted FCF per Share Chart

Founder Technology 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 -0.06 -0.06 -0.06 -0.03 -0.06

Founder Technology 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 -0.03 -0.03 -0.04 -0.06 -0.04

Competitive Comparison of Founder Technology Group Co's Cyclically Adjusted FCF per Share

For the Computer Hardware subindustry, Founder Technology 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.


Founder Technology Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Founder Technology 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, Founder Technology 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)
=-0.025/115.2271*115.2271
=-0.025

Current CPI (Mar. 2024) = 115.2271.

Founder Technology Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.082 98.200 -0.096
201409 0.133 98.900 0.155
201412 0.240 99.000 0.279
201503 -0.245 99.900 -0.283
201506 0.010 99.500 0.012
201509 0.006 100.500 0.007
201512 0.204 100.600 0.234
201603 -0.241 102.200 -0.272
201606 -0.035 101.400 -0.040
201609 -0.027 102.400 -0.030
201612 0.146 102.600 0.164
201703 -0.236 103.200 -0.264
201706 -0.092 103.100 -0.103
201709 -0.018 104.100 -0.020
201712 0.092 104.500 0.101
201803 -0.138 105.300 -0.151
201806 -0.012 104.900 -0.013
201809 0.071 106.600 0.077
201812 -0.008 106.500 -0.009
201903 -0.051 107.700 -0.055
201906 -0.030 107.700 -0.032
201909 -0.019 109.800 -0.020
201912 0.212 111.200 0.220
202003 0.003 112.300 0.003
202006 -0.035 110.400 -0.037
202009 -0.013 111.700 -0.013
202012 0.023 111.500 0.024
202103 -0.108 112.662 -0.110
202106 -0.035 111.769 -0.036
202109 -0.083 112.215 -0.085
202112 0.072 113.108 0.073
202203 -0.029 114.335 -0.029
202206 -0.098 114.558 -0.099
202209 0.065 115.339 0.065
202212 0.049 115.116 0.049
202303 -0.002 115.116 -0.002
202306 0.002 114.558 0.002
202309 -0.022 115.339 -0.022
202312 -0.021 114.781 -0.021
202403 -0.025 115.227 -0.025

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


Founder Technology Group Co  (SHSE:600601) 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.


Founder Technology Group Co Cyclically Adjusted FCF per Share Related Terms

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


Founder Technology Group Co (SHSE:600601) Business Description

Traded in Other Exchanges
N/A
Address
No. 360 Pudong South Road, New Shanghai International Tower, 36F, Pudong, Shanghai, CHN, 200120
Founder Technology Group Co Ltd provides hardware and software solutions in China. It engages in the development, production, manufacture, and sale of PCB products for the communications equipment, communications terminals, IT products, industrial medical, automotive electronics, consumer electronics, and other fields.

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