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Aerospace CH UAV Co (SZSE:002389) Cyclically Adjusted FCF per Share : ¥-0.16 (As of Mar. 2024)


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What is Aerospace CH UAV 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.

Aerospace CH UAV Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.357. 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 ¥-0.16 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 24.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 15.80% 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 Aerospace CH UAV Co was 24.60% per year. The lowest was 6.80% per year. And the median was 14.10% per year.

As of today (2024-05-23), Aerospace CH UAV Co's current stock price is ¥16.32. Aerospace CH UAV Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.16. Aerospace CH UAV Co's Cyclically Adjusted Price-to-FCF of today is .


Aerospace CH UAV Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Aerospace CH UAV 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.

Aerospace CH UAV Co Cyclically Adjusted FCF per Share Chart

Aerospace CH UAV 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 -0.41 -0.35 -0.30 -0.26 -0.15

Aerospace CH UAV 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 -0.27 -0.27 -0.26 -0.15 -0.16

Competitive Comparison of Aerospace CH UAV Co's Cyclically Adjusted FCF per Share

For the Aerospace & Defense subindustry, Aerospace CH UAV 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.


Aerospace CH UAV Co's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Aerospace CH UAV Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Aerospace CH UAV Co's Cyclically Adjusted Price-to-FCF falls into.



Aerospace CH UAV 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, Aerospace CH UAV 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)
=-0.357/115.2271*115.2271
=-0.357

Current CPI (Mar. 2024) = 115.2271.

Aerospace CH UAV Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.061 98.200 -0.072
201409 -0.170 98.900 -0.198
201412 -0.362 99.000 -0.421
201503 -0.130 99.900 -0.150
201506 -0.221 99.500 -0.256
201509 -0.175 100.500 -0.201
201512 -0.124 100.600 -0.142
201603 -0.078 102.200 -0.088
201606 -0.055 101.400 -0.062
201609 0.003 102.400 0.003
201612 0.158 102.600 0.177
201703 0.337 103.200 0.376
201706 -0.297 103.100 -0.332
201709 -0.103 104.100 -0.114
201712 -0.019 104.500 -0.021
201803 -0.088 105.300 -0.096
201806 -0.117 104.900 -0.129
201809 -0.171 106.600 -0.185
201812 0.237 106.500 0.256
201903 -0.468 107.700 -0.501
201906 0.082 107.700 0.088
201909 0.038 109.800 0.040
201912 0.425 111.200 0.440
202003 -0.198 112.300 -0.203
202006 0.087 110.400 0.091
202009 -0.043 111.700 -0.044
202012 0.236 111.500 0.244
202103 -0.015 112.662 -0.015
202106 -0.093 111.769 -0.096
202109 -0.277 112.215 -0.284
202112 0.237 113.108 0.241
202203 -0.151 114.335 -0.152
202206 -0.138 114.558 -0.139
202209 -0.204 115.339 -0.204
202212 0.610 115.116 0.611
202303 -0.333 115.116 -0.333
202306 -0.155 114.558 -0.156
202309 -0.212 115.339 -0.212
202312 0.952 114.781 0.956
202403 -0.357 115.227 -0.357

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


Aerospace CH UAV Co  (SZSE:002389) 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.


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.


Aerospace CH UAV Co Cyclically Adjusted FCF per Share Related Terms

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


Aerospace CH UAV Co (SZSE:002389) Business Description

Traded in Other Exchanges
N/A
Address
388 Boulevard Development Zone, Taizhou, CHN, 318000
Aerospace CH UAV Co Ltd is engaged in the development, design, production, maintenance and sales of aviation, spacecraft and equipment, film for capacitors, optical grade polyester film, solar battery back film, packaging film, capacitor manufacturing, sales, aviation, spacecraft and equipment technical consulting services, equipment leasing, computer software design, research and development, installation, commissioning and technical services.

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