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UE Furniture Co (SHSE:603600) Cyclically Adjusted FCF per Share : ¥0.01 (As of Mar. 2024)


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What is UE Furniture 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.

UE Furniture Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.326. 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 ¥0.01 for the trailing ten years ended in Mar. 2024.

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 (2024-05-30), UE Furniture Co's current stock price is ¥11.07. UE Furniture Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.01. UE Furniture Co's Cyclically Adjusted Price-to-FCF of today is 1,107.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of UE Furniture Co was 1296.00. The lowest was 182.60. And the median was 525.00.


UE Furniture Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for UE Furniture 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.

UE Furniture Co Cyclically Adjusted FCF per Share Chart

UE Furniture 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 - - - - 0.02

UE Furniture 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 0.01 0.05 0.05 0.02 0.01

Competitive Comparison of UE Furniture Co's Cyclically Adjusted FCF per Share

For the Furnishings, Fixtures & Appliances subindustry, UE Furniture 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.


UE Furniture Co's Cyclically Adjusted Price-to-FCF Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, UE Furniture Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where UE Furniture Co's Cyclically Adjusted Price-to-FCF falls into.



UE Furniture 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, UE Furniture 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)
=-0.326/115.2271*115.2271
=-0.326

Current CPI (Mar. 2024) = 115.2271.

UE Furniture Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.272 98.200 0.319
201409 -0.067 98.900 -0.078
201412 0.154 99.000 0.179
201503 -0.069 99.900 -0.080
201506 0.251 99.500 0.291
201509 0.055 100.500 0.063
201512 0.021 100.600 0.024
201603 -0.001 102.200 -0.001
201606 0.048 101.400 0.055
201609 -0.170 102.400 -0.191
201612 0.038 102.600 0.043
201703 -0.007 103.200 -0.008
201706 0.065 103.100 0.073
201709 -0.174 104.100 -0.193
201712 0.146 104.500 0.161
201803 -0.400 105.300 -0.438
201806 0.092 104.900 0.101
201809 -0.183 106.600 -0.198
201812 -0.037 106.500 -0.040
201903 0.001 107.700 0.001
201906 0.319 107.700 0.341
201909 0.011 109.800 0.012
201912 -0.128 111.200 -0.133
202003 -0.056 112.300 -0.057
202006 0.287 110.400 0.300
202009 -0.260 111.700 -0.268
202012 -0.921 111.500 -0.952
202103 -0.357 112.662 -0.365
202106 -0.066 111.769 -0.068
202109 -0.031 112.215 -0.032
202112 -0.194 113.108 -0.198
202203 -0.012 114.335 -0.012
202206 0.637 114.558 0.641
202209 0.789 115.339 0.788
202212 0.345 115.116 0.345
202303 -0.121 115.116 -0.121
202306 0.378 114.558 0.380
202309 0.080 115.339 0.080
202312 -0.339 114.781 -0.340
202403 -0.326 115.227 -0.326

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


UE Furniture Co  (SHSE:603600) 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.

UE Furniture Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=11.07/0.01
=1,107.00

* 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 UE Furniture Co was 1296.00. The lowest was 182.60. And the median was 525.00.


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.


UE Furniture Co Cyclically Adjusted FCF per Share Related Terms

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


UE Furniture Co (SHSE:603600) Business Description

Traded in Other Exchanges
N/A
Address
No.1, Yongyi West Road, Dipu Town, Zhejiang Province, Huzhou, Anji County, CHN, 313300
UE Furniture Co Ltd is specialized in the research, development, production, and sales of seats. Its products involve office chairs and training, Training chairs, massage chairs, leisure chairs, children's chairs, partly functional seating metal parts sofas and functional seat accessories.
Executives
Ruan Zheng Fu Director
Lv Cheng senior management
Chen Xi senior management
Gu Qin Hang senior management
Zhang Jia Yong Director
He Feng Director

UE Furniture Co (SHSE:603600) Headlines

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