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Sinotruk Jinan Truck Co (SZSE:000951) Cyclically Adjusted FCF per Share : ¥1.95 (As of Mar. 2024)


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What is Sinotruk Jinan Truck 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.

Sinotruk Jinan Truck Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥2.318. 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 ¥1.95 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sinotruk Jinan Truck Co's average Cyclically Adjusted FCF Growth Rate was 12.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 20.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 39.20% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Sinotruk Jinan Truck Co was 55.70% per year. The lowest was -63.00% per year. And the median was 37.00% per year.

As of today (2024-05-24), Sinotruk Jinan Truck Co's current stock price is ¥15.77. Sinotruk Jinan Truck Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥1.95. Sinotruk Jinan Truck Co's Cyclically Adjusted Price-to-FCF of today is 8.09.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Sinotruk Jinan Truck Co was 973.57. The lowest was 6.56. And the median was 23.51.


Sinotruk Jinan Truck Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sinotruk Jinan Truck 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.

Sinotruk Jinan Truck Co Cyclically Adjusted FCF per Share Chart

Sinotruk Jinan Truck 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 0.63 1.00 1.17 1.62 1.73

Sinotruk Jinan Truck 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 1.72 1.64 1.93 1.73 1.95

Competitive Comparison of Sinotruk Jinan Truck Co's Cyclically Adjusted FCF per Share

For the Farm & Heavy Construction Machinery subindustry, Sinotruk Jinan Truck 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.


Sinotruk Jinan Truck 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, Sinotruk Jinan Truck Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Sinotruk Jinan Truck 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, Sinotruk Jinan Truck 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)
=2.318/115.2271*115.2271
=2.318

Current CPI (Mar. 2024) = 115.2271.

Sinotruk Jinan Truck Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.162 98.200 0.190
201409 -0.245 98.900 -0.285
201412 -0.099 99.000 -0.115
201503 0.329 99.900 0.379
201506 0.516 99.500 0.598
201509 -0.312 100.500 -0.358
201512 -0.317 100.600 -0.363
201603 0.138 102.200 0.156
201606 0.379 101.400 0.431
201609 -0.801 102.400 -0.901
201612 -0.103 102.600 -0.116
201703 -1.536 103.200 -1.715
201706 -0.630 103.100 -0.704
201709 -0.298 104.100 -0.330
201712 3.259 104.500 3.594
201803 0.147 105.300 0.161
201806 1.599 104.900 1.756
201809 0.421 106.600 0.455
201812 -0.319 106.500 -0.345
201903 -0.311 107.700 -0.333
201906 2.482 107.700 2.655
201909 0.237 109.800 0.249
201912 0.195 111.200 0.202
202003 0.354 112.300 0.363
202006 1.522 110.400 1.589
202009 -0.521 111.700 -0.537
202012 2.031 111.500 2.099
202103 -0.740 112.662 -0.757
202106 1.940 111.769 2.000
202109 0.268 112.215 0.275
202112 -0.115 113.108 -0.117
202203 1.698 114.335 1.711
202206 0.685 114.558 0.689
202209 1.254 115.339 1.253
202212 1.955 115.116 1.957
202303 1.004 115.116 1.005
202306 0.096 114.558 0.097
202309 2.109 115.339 2.107
202312 -1.775 114.781 -1.782
202403 2.318 115.227 2.318

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


Sinotruk Jinan Truck Co  (SZSE:000951) 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.

Sinotruk Jinan Truck Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=15.77/1.95
=8.09

* 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 Sinotruk Jinan Truck Co was 973.57. The lowest was 6.56. And the median was 23.51.


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.


Sinotruk Jinan Truck Co Cyclically Adjusted FCF per Share Related Terms

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


Sinotruk Jinan Truck Co (SZSE:000951) Business Description

Traded in Other Exchanges
N/A
Address
South Head of Dangjiazhuang Town, Shizhong District, Shandong Province, Jinan, CHN, 250116
Sinotruk Jinan Truck Co Ltd formerly known as Cnhtc Jinan Truck Co Ltd is a China-based company operates in the heavy-duty truck industry. The business activity of the group includes research, development, manufacture, and sale of a variety of truck which includes special vehicles, military vehicles, private cars as well as engines and special chassis. Geographically operates through China and its products are made available in both Chinese and international market.
Executives
Song Qi Dong Director
Yu You De Director
Liu Gang Director
Wan Chun Ling Executives
Liu Wei Director

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