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Gansu Shangfeng Cement Co (SZSE:000672) Cyclically Adjusted FCF per Share : ¥0.97 (As of Mar. 2024)


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What is Gansu Shangfeng Cement 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.

Gansu Shangfeng Cement Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.056. 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 ¥0.97 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 2.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 14.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 31.70% 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 Gansu Shangfeng Cement Co was 63.70% per year. The lowest was 2.10% per year. And the median was 33.90% per year.

As of today (2024-05-24), Gansu Shangfeng Cement Co's current stock price is ¥7.17. Gansu Shangfeng Cement Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.97. Gansu Shangfeng Cement Co's Cyclically Adjusted Price-to-FCF of today is 7.39.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Gansu Shangfeng Cement Co was 111.83. The lowest was 7.17. And the median was 25.33.


Gansu Shangfeng Cement Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Gansu Shangfeng Cement 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.

Gansu Shangfeng Cement Co Cyclically Adjusted FCF per Share Chart

Gansu Shangfeng Cement 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 0.79 0.92 1.08 1.02 0.98

Gansu Shangfeng Cement 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 0.96 0.98 0.98 0.98 0.97

Competitive Comparison of Gansu Shangfeng Cement Co's Cyclically Adjusted FCF per Share

For the Building Materials subindustry, Gansu Shangfeng Cement 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.


Gansu Shangfeng Cement Co's Cyclically Adjusted Price-to-FCF Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Gansu Shangfeng Cement Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Gansu Shangfeng Cement 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, Gansu Shangfeng Cement 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)
=-0.056/115.2271*115.2271
=-0.056

Current CPI (Mar. 2024) = 115.2271.

Gansu Shangfeng Cement Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.144 98.200 0.169
201409 0.175 98.900 0.204
201412 0.145 99.000 0.169
201503 0.068 99.900 0.078
201506 -0.082 99.500 -0.095
201509 -0.134 100.500 -0.154
201512 -0.108 100.600 -0.124
201603 0.036 102.200 0.041
201606 -0.045 101.400 -0.051
201609 0.105 102.400 0.118
201612 0.349 102.600 0.392
201703 0.258 103.200 0.288
201706 0.112 103.100 0.125
201709 0.156 104.100 0.173
201712 0.337 104.500 0.372
201803 0.165 105.300 0.181
201806 0.312 104.900 0.343
201809 0.509 106.600 0.550
201812 0.673 106.500 0.728
201903 0.681 107.700 0.729
201906 0.645 107.700 0.690
201909 0.446 109.800 0.468
201912 1.163 111.200 1.205
202003 0.169 112.300 0.173
202006 0.097 110.400 0.101
202009 0.324 111.700 0.334
202012 0.612 111.500 0.632
202103 -0.050 112.662 -0.051
202106 0.520 111.769 0.536
202109 0.550 112.215 0.565
202112 0.693 113.108 0.706
202203 0.238 114.335 0.240
202206 0.010 114.558 0.010
202209 0.183 115.339 0.183
202212 -0.490 115.116 -0.490
202303 -0.534 115.116 -0.535
202306 0.368 114.558 0.370
202309 0.173 115.339 0.173
202312 0.206 114.781 0.207
202403 -0.056 115.227 -0.056

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


Gansu Shangfeng Cement Co  (SZSE:000672) 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.

Gansu Shangfeng Cement Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=7.17/0.97
=7.39

* 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 Gansu Shangfeng Cement Co was 111.83. The lowest was 7.17. And the median was 25.33.


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.


Gansu Shangfeng Cement Co Cyclically Adjusted FCF per Share Related Terms

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Gansu Shangfeng Cement Co (SZSE:000672) Business Description

Traded in Other Exchanges
N/A
Address
No. 738, Wenshan West Road, Unit E, Building 1, Xixi Legu Creative Industrial Park, Zhejiang Province, Hangzhou, CHN, 310000
Gansu Shangfeng Cement Co Ltd is a China-based company engaged in the business of manufacturing and selling cement and building materials. The company's projects are mainly located in Jining Weishan, Jinling, Anhui, Tongling and Yuhuaiyuan, Zhejiang Zhuji and other cities.
Executives
Zhao Lin Zhong Director
Chen Ming Yong Director
Xiao Jia Xiang Director
Gao Xiang Director
Yu Feng Directors, executives

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