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Zhuzhou Kibing Group Co (SHSE:601636) Cyclically Adjusted FCF per Share : ¥-0.02 (As of Mar. 2024)


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What is Zhuzhou Kibing 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.

Zhuzhou Kibing Group Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.549. 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 ¥-0.02 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Zhuzhou Kibing Group Co's average Cyclically Adjusted FCF Growth Rate was -118.20% 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.

As of today (2024-05-18), Zhuzhou Kibing Group Co's current stock price is ¥8.40. Zhuzhou Kibing Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.02. Zhuzhou Kibing Group Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Zhuzhou Kibing Group Co was 563.20. The lowest was 41.84. And the median was 86.00.


Zhuzhou Kibing Group Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Zhuzhou Kibing 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.

Zhuzhou Kibing Group Co Cyclically Adjusted FCF per Share Chart

Zhuzhou Kibing 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 -0.15 -0.06 0.17 0.15 0.02

Zhuzhou Kibing 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 0.11 0.10 0.06 0.02 -0.02

Competitive Comparison of Zhuzhou Kibing Group Co's Cyclically Adjusted FCF per Share

For the Building Products & Equipment subindustry, Zhuzhou Kibing 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.


Zhuzhou Kibing Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Zhuzhou Kibing Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Zhuzhou Kibing 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, Zhuzhou Kibing 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)
=-0.549/115.2271*115.2271
=-0.549

Current CPI (Mar. 2024) = 115.2271.

Zhuzhou Kibing Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.202 98.200 -0.237
201409 -0.134 98.900 -0.156
201412 -0.218 99.000 -0.254
201503 -0.154 99.900 -0.178
201506 0.023 99.500 0.027
201509 -0.046 100.500 -0.053
201512 0.075 100.600 0.086
201603 -0.051 102.200 -0.058
201606 0.150 101.400 0.170
201609 0.185 102.400 0.208
201612 0.092 102.600 0.103
201703 -0.030 103.200 -0.033
201706 0.233 103.100 0.260
201709 0.165 104.100 0.183
201712 -0.016 104.500 -0.018
201803 0.002 105.300 0.002
201806 0.037 104.900 0.041
201809 0.165 106.600 0.178
201812 0.178 106.500 0.193
201903 -0.020 107.700 -0.021
201906 0.078 107.700 0.083
201909 0.143 109.800 0.150
201912 0.300 111.200 0.311
202003 -0.173 112.300 -0.178
202006 0.186 110.400 0.194
202009 0.307 111.700 0.317
202012 0.432 111.500 0.446
202103 0.210 112.662 0.215
202106 0.428 111.769 0.441
202109 0.485 112.215 0.498
202112 0.204 113.108 0.208
202203 -0.155 114.335 -0.156
202206 -0.066 114.558 -0.066
202209 -0.679 115.339 -0.678
202212 -0.449 115.116 -0.449
202303 -0.485 115.116 -0.485
202306 -0.289 114.558 -0.291
202309 -0.263 115.339 -0.263
202312 -0.387 114.781 -0.389
202403 -0.549 115.227 -0.549

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


Zhuzhou Kibing Group Co  (SHSE:601636) 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 Zhuzhou Kibing Group Co was 563.20. The lowest was 41.84. And the median was 86.00.


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.


Zhuzhou Kibing Group Co Cyclically Adjusted FCF per Share Related Terms

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


Zhuzhou Kibing Group Co (SHSE:601636) Business Description

Traded in Other Exchanges
N/A
Address
Wulong Houjiang, Xipu Town, Dongshan County, Zhangzhou, CHN
Zhuzhou Kibing Group Co Ltd is a China-based company engages in the manufacture, process, and sale of glass and glass new material. Its products include clear float glass, ultra-clear low-iron glass, tinted glass, low-E coated glass, online solar control coated glass, TCO coated glass, tempered glass, heat strengthened glass, insulated glass, laminated glass, edge work, grooved glass, screen printed glass, and fabricated mirrors.

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