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Accelink Technologies Co (SZSE:002281) Cyclically Adjusted FCF per Share : ¥0.23 (As of Mar. 2024)


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What is Accelink Technologies 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.

Accelink Technologies Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.203. 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 ¥0.23 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Accelink Technologies Co's average Cyclically Adjusted FCF Growth Rate was 15.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 37.90% 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 Accelink Technologies Co was 37.90% per year. The lowest was 37.90% per year. And the median was 37.90% per year.

As of today (2024-05-17), Accelink Technologies Co's current stock price is ¥35.31. Accelink Technologies Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.23. Accelink Technologies Co's Cyclically Adjusted Price-to-FCF of today is 153.52.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Accelink Technologies Co was 1757.00. The lowest was 84.22. And the median was 151.57.


Accelink Technologies Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Accelink Technologies 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.

Accelink Technologies Co Cyclically Adjusted FCF per Share Chart

Accelink Technologies 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 -0.05 0.08 0.16 0.18 0.21

Accelink Technologies 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 0.20 0.19 0.19 0.21 0.23

Competitive Comparison of Accelink Technologies Co's Cyclically Adjusted FCF per Share

For the Semiconductors subindustry, Accelink Technologies 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.


Accelink Technologies Co's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

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

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



Accelink Technologies 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, Accelink Technologies 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)
=-0.203/115.2271*115.2271
=-0.203

Current CPI (Mar. 2024) = 115.2271.

Accelink Technologies Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.051 98.200 0.060
201409 0.065 98.900 0.076
201412 0.296 99.000 0.345
201503 -0.051 99.900 -0.059
201506 0.041 99.500 0.047
201509 -0.154 100.500 -0.177
201512 0.193 100.600 0.221
201603 -0.168 102.200 -0.189
201606 -0.036 101.400 -0.041
201609 -0.191 102.400 -0.215
201612 0.277 102.600 0.311
201703 -0.280 103.200 -0.313
201706 -0.055 103.100 -0.061
201709 0.001 104.100 0.001
201712 0.260 104.500 0.287
201803 -0.345 105.300 -0.378
201806 -0.120 104.900 -0.132
201809 0.114 106.600 0.123
201812 0.306 106.500 0.331
201903 -0.041 107.700 -0.044
201906 -0.376 107.700 -0.402
201909 0.093 109.800 0.098
201912 0.252 111.200 0.261
202003 0.402 112.300 0.412
202006 -0.249 110.400 -0.260
202009 0.382 111.700 0.394
202012 0.587 111.500 0.607
202103 0.356 112.662 0.364
202106 -0.091 111.769 -0.094
202109 0.095 112.215 0.098
202112 0.139 113.108 0.142
202203 0.036 114.335 0.036
202206 -0.156 114.558 -0.157
202209 0.446 115.339 0.446
202212 -0.010 115.116 -0.010
202303 0.041 115.116 0.041
202306 -0.188 114.558 -0.189
202309 0.193 115.339 0.193
202312 0.352 114.781 0.353
202403 -0.203 115.227 -0.203

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


Accelink Technologies Co  (SZSE:002281) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=35.31/0.23
=153.52

* 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 Accelink Technologies Co was 1757.00. The lowest was 84.22. And the median was 151.57.


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.


Accelink Technologies Co Cyclically Adjusted FCF per Share Related Terms

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


Accelink Technologies Co (SZSE:002281) Business Description

Traded in Other Exchanges
N/A
Address
1 Tanhu Road, Canglongdao Development Zone, Jiangxia Dist, Wuhan, CHN, 430205
Accelink Technologies Co Ltd is an optoelectronic device company in China. Its develop optoelectronic devices. Its main products include optical amplifiers, wavelength division multiplexers, optical switches, optical fiber couplers, and optical fiber connectors, among others.

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