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Ruitai Materials Technology Co (SZSE:002066) Cyclically Adjusted FCF per Share : ¥0.48 (As of Mar. 2024)


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What is Ruitai Materials Technology 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.

Ruitai Materials Technology Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.350. 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 ¥0.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ruitai Materials Technology Co's average Cyclically Adjusted FCF Growth Rate was 23.10% 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 Ruitai Materials Technology Co was 33.50% per year. The lowest was 8.20% per year. And the median was 12.50% per year.

As of today (2024-06-01), Ruitai Materials Technology Co's current stock price is ¥8.99. Ruitai Materials Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.48. Ruitai Materials Technology Co's Cyclically Adjusted Price-to-FCF of today is 18.73.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ruitai Materials Technology Co was 542.00. The lowest was 15.15. And the median was 32.83.


Ruitai Materials Technology Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ruitai Materials Technology 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.

Ruitai Materials Technology Co Cyclically Adjusted FCF per Share Chart

Ruitai Materials Technology 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 -0.37 -0.15 0.11 0.39 0.48

Ruitai Materials Technology 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 0.39 0.38 0.41 0.48 0.48

Competitive Comparison of Ruitai Materials Technology Co's Cyclically Adjusted FCF per Share

For the Building Materials subindustry, Ruitai Materials Technology 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.


Ruitai Materials Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Building Materials Industry

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

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



Ruitai Materials Technology 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, Ruitai Materials Technology 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)
=-0.35/115.2271*115.2271
=-0.350

Current CPI (Mar. 2024) = 115.2271.

Ruitai Materials Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.341 98.200 0.400
201409 0.189 98.900 0.220
201412 -0.090 99.000 -0.105
201503 -0.107 99.900 -0.123
201506 0.190 99.500 0.220
201509 -0.011 100.500 -0.013
201512 -0.366 100.600 -0.419
201603 0.000 102.200 0.000
201606 -0.170 101.400 -0.193
201609 0.423 102.400 0.476
201612 0.011 102.600 0.012
201703 0.418 103.200 0.467
201706 -0.363 103.100 -0.406
201709 -0.142 104.100 -0.157
201712 0.558 104.500 0.615
201803 0.100 105.300 0.109
201806 -0.269 104.900 -0.295
201809 -0.323 106.600 -0.349
201812 0.841 106.500 0.910
201903 -0.810 107.700 -0.867
201906 1.422 107.700 1.521
201909 -0.345 109.800 -0.362
201912 -0.011 111.200 -0.011
202003 -0.344 112.300 -0.353
202006 0.100 110.400 0.104
202009 0.335 111.700 0.346
202012 0.903 111.500 0.933
202103 -0.132 112.662 -0.135
202106 0.358 111.769 0.369
202109 0.086 112.215 0.088
202112 0.506 113.108 0.515
202203 -0.106 114.335 -0.107
202206 0.215 114.558 0.216
202209 0.417 115.339 0.417
202212 0.565 115.116 0.566
202303 -0.379 115.116 -0.379
202306 -0.112 114.558 -0.113
202309 0.392 115.339 0.392
202312 0.531 114.781 0.533
202403 -0.350 115.227 -0.350

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


Ruitai Materials Technology Co  (SZSE:002066) 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.

Ruitai Materials Technology Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=8.99/0.48
=18.73

* 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 Ruitai Materials Technology Co was 542.00. The lowest was 15.15. And the median was 32.83.


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.


Ruitai Materials Technology Co Cyclically Adjusted FCF per Share Related Terms

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


Ruitai Materials Technology Co (SZSE:002066) Business Description

Traded in Other Exchanges
N/A
Address
No.1, Wuliqiao 1st Street, Building 27, Chaoyang District, Beijing, CHN, 100024
Ruitai Materials Technology Co Ltd is a China-based company engaged in the development and production of shaped and amorphous refractory materials and various types of wear-resistant materials. The company provides a fused cast, basic, alumina-silica, silica, and unshaped refractories, as well as polybasic alloyed casting balls and bars, and low chromium alloyed castings and capsules. It also provides installation and transportation services for high-temperature furnaces. It caters to the glass, cement, nonferrous, electrical and petrochemical industry.
Executives
Ma Zhen Zhu Director
Dai Zhang You Executives
Sun Xiang Yun Director
Ceng Da Fan Director
Hu Jie Supervisors
Cheng Jie Supervisors
Gu Su Qin Director
Hu Jian Kun Director

Ruitai Materials Technology Co (SZSE:002066) Headlines

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