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Guangxi Liugong Machinery Co (SZSE:000528) Cyclically Adjusted FCF per Share : ¥0.42 (As of Mar. 2024)


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What is Guangxi Liugong Machinery 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.

Guangxi Liugong Machinery Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.116. 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 ¥0.42 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Guangxi Liugong Machinery Co's average Cyclically Adjusted FCF Growth Rate was -14.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 32.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 46.00% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Guangxi Liugong Machinery Co was 77.80% per year. The lowest was -35.70% per year. And the median was 13.40% per year.

As of today (2024-05-24), Guangxi Liugong Machinery Co's current stock price is ¥10.50. Guangxi Liugong Machinery Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.42. Guangxi Liugong Machinery Co's Cyclically Adjusted Price-to-FCF of today is 25.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Guangxi Liugong Machinery Co was 350.00. The lowest was 13.31. And the median was 22.60.


Guangxi Liugong Machinery Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Guangxi Liugong Machinery 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.

Guangxi Liugong Machinery Co Cyclically Adjusted FCF per Share Chart

Guangxi Liugong Machinery 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 0.08 0.18 0.44 0.45 0.42

Guangxi Liugong Machinery 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 0.49 0.47 0.44 0.42 0.42

Competitive Comparison of Guangxi Liugong Machinery Co's Cyclically Adjusted FCF per Share

For the Farm & Heavy Construction Machinery subindustry, Guangxi Liugong Machinery 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.


Guangxi Liugong Machinery Co's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Guangxi Liugong Machinery Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Guangxi Liugong Machinery 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, Guangxi Liugong Machinery 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)
=-0.116/115.2271*115.2271
=-0.116

Current CPI (Mar. 2024) = 115.2271.

Guangxi Liugong Machinery Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.240 98.200 0.282
201409 0.203 98.900 0.237
201412 -0.158 99.000 -0.184
201503 -0.342 99.900 -0.394
201506 -0.247 99.500 -0.286
201509 0.611 100.500 0.701
201512 -0.061 100.600 -0.070
201603 0.184 102.200 0.207
201606 0.241 101.400 0.274
201609 0.255 102.400 0.287
201612 0.200 102.600 0.225
201703 0.316 103.200 0.353
201706 0.213 103.100 0.238
201709 0.131 104.100 0.145
201712 -0.065 104.500 -0.072
201803 0.021 105.300 0.023
201806 -0.432 104.900 -0.475
201809 -0.197 106.600 -0.213
201812 0.743 106.500 0.804
201903 0.308 107.700 0.330
201906 0.423 107.700 0.453
201909 -0.156 109.800 -0.164
201912 0.365 111.200 0.378
202003 -0.560 112.300 -0.575
202006 0.867 110.400 0.905
202009 -1.066 111.700 -1.100
202012 1.491 111.500 1.541
202103 0.044 112.662 0.045
202106 0.115 111.769 0.119
202109 -0.247 112.215 -0.254
202112 0.053 113.108 0.054
202203 -0.371 114.335 -0.374
202206 0.035 114.558 0.035
202209 0.283 115.339 0.283
202212 0.180 115.116 0.180
202303 0.247 115.116 0.247
202306 -0.514 114.558 -0.517
202309 -0.052 115.339 -0.052
202312 0.709 114.781 0.712
202403 -0.116 115.227 -0.116

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


Guangxi Liugong Machinery Co  (SZSE:000528) 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.

Guangxi Liugong Machinery Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=10.50/0.42
=25.00

* 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 Guangxi Liugong Machinery Co was 350.00. The lowest was 13.31. And the median was 22.60.


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.


Guangxi Liugong Machinery Co Cyclically Adjusted FCF per Share Related Terms

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


Guangxi Liugong Machinery Co (SZSE:000528) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Liutai Road, Liuzhou, Guangxi, CHN, 545007
Guangxi Liugong Machinery Co Ltd is a construction equipment manufacturer that offers services to construction equipment owners. The products of the company include forklift, wheel loader, crawler excavator, wheel excavator, roller, motor grader, bulldozer, crane, concrete, mining truck, and skid steer loader.
Executives
Yu Chuan Fen Executives
Wen Wu Directors, executives
Yuan Shi Guo Executives
Huang Hai Bo Director
Huang Xiang Quan Executives
Luo Guo Bing Executives
Huang Tie Zhu Executives
Ceng Guang An Directors, executives
Huang Hua Lin Secretary Dong
Zheng Yu Huang Independent director
Cai Deng Sheng Supervisors
Ding Yi Bin Director
Tan Yong Supervisors
Yu Ya Jun Executives
Huang Min Executives

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