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Sinosoft Co (SHSE:603927) Cyclically Adjusted FCF per Share : ¥0.11 (As of Mar. 2024)


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What is Sinosoft 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.

Sinosoft Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.701. 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 ¥0.11 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sinosoft Co's average Cyclically Adjusted FCF Growth Rate was 1000.00% 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 (2024-05-26), Sinosoft Co's current stock price is ¥18.56. Sinosoft Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.11. Sinosoft Co's Cyclically Adjusted Price-to-FCF of today is 168.73.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Sinosoft Co was 3023.57. The lowest was 65.03. And the median was 89.60.


Sinosoft Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sinosoft 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.

Sinosoft Co Cyclically Adjusted FCF per Share Chart

Sinosoft 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 - - 0.23 0.28 0.25

Sinosoft 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 -0.04 0.25 0.11

Competitive Comparison of Sinosoft Co's Cyclically Adjusted FCF per Share

For the Software - Application subindustry, Sinosoft 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.


Sinosoft Co's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

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



Sinosoft 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, Sinosoft 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)
=-0.701/115.2271*115.2271
=-0.701

Current CPI (Mar. 2024) = 115.2271.

Sinosoft Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201006 0.000 85.886 0.000
201012 0.000 89.289 0.000
201106 0.000 91.612 0.000
201112 0.000 92.885 0.000
201206 0.000 93.495 0.000
201212 0.000 95.237 0.000
201306 0.000 95.984 0.000
201312 0.000 97.624 0.000
201406 0.000 98.200 0.000
201412 0.000 99.000 0.000
201506 0.000 99.500 0.000
201512 0.000 100.600 0.000
201612 0.000 102.600 0.000
201706 0.000 103.100 0.000
201709 0.000 104.100 0.000
201712 0.000 104.500 0.000
201803 -1.105 105.300 -1.209
201809 0.000 106.600 0.000
201812 0.000 106.500 0.000
201903 -1.276 107.700 -1.365
201906 -0.068 107.700 -0.073
201909 0.205 109.800 0.215
201912 1.942 111.200 2.012
202003 -0.922 112.300 -0.946
202006 0.012 110.400 0.013
202009 -0.224 111.700 -0.231
202012 1.901 111.500 1.965
202103 -1.098 112.662 -1.123
202106 -0.328 111.769 -0.338
202109 -0.032 112.215 -0.033
202112 1.844 113.108 1.879
202203 -1.135 114.335 -1.144
202206 -0.410 114.558 -0.412
202209 -0.009 115.339 -0.009
202212 1.984 115.116 1.986
202303 -1.157 115.116 -1.158
202306 -0.244 114.558 -0.245
202309 0.016 115.339 0.016
202312 1.529 114.781 1.535
202403 -0.701 115.227 -0.701

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


Sinosoft Co  (SHSE:603927) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=18.56/0.11
=168.73

* 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 Sinosoft Co was 3023.57. The lowest was 65.03. And the median was 89.60.


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.


Sinosoft Co Cyclically Adjusted FCF per Share Related Terms

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


Sinosoft Co (SHSE:603927) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Building 6, Xinkexiangyuan,, Zhongguancun, Haidian District, Beijing, CHN, 100190
Sinosoft Co Ltd operates as a software developer and solutions provider. The companies software is actively used in many industries such as medical, energy, civil aviation, government and others. Further, it provides overall planning, technical support, supervision, training and consulting services.
Executives
Sun Xi Jie Directors, senior managers
Xie Zhong Yang senior management
Cai Hong senior management
Wang Xin senior management
Sun Jing senior management
Xing Li Directors, senior managers
Zhang Zhi Hua senior management
Zuo Chun Directors, senior managers
Wang Wan Cheng senior management
Zhang Wei Directors, senior managers
Zhang Tian Ban Supervisors
Liang Geng Director
Zhong Hua Director

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