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Lets Holdings Group Co (SZSE:002398) Cyclically Adjusted FCF per Share : ¥0.23 (As of Mar. 2024)


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What is Lets Holdings Group 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.

Lets Holdings Group Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.149. 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, Lets Holdings Group 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 26.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 36.50% 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 Lets Holdings Group Co was 47.40% per year. The lowest was 26.00% per year. And the median was 35.70% per year.

As of today (2024-06-04), Lets Holdings Group Co's current stock price is ¥3.99. Lets Holdings Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.23. Lets Holdings Group Co's Cyclically Adjusted Price-to-FCF of today is 17.35.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Lets Holdings Group Co was 250.67. The lowest was 14.63. And the median was 65.43.


Lets Holdings Group Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Lets Holdings Group 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.

Lets Holdings Group Co Cyclically Adjusted FCF per Share Chart

Lets Holdings Group 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 0.08 0.12 0.16 0.20 0.24

Lets Holdings Group 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 0.21 0.25 0.24 0.23

Competitive Comparison of Lets Holdings Group Co's Cyclically Adjusted FCF per Share

For the Building Materials subindustry, Lets Holdings Group 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.


Lets Holdings Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Building Materials Industry

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

* The bar in red indicates where Lets Holdings Group Co's Cyclically Adjusted Price-to-FCF falls into.



Lets Holdings Group 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, Lets Holdings Group 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)
=-0.149/115.2271*115.2271
=-0.149

Current CPI (Mar. 2024) = 115.2271.

Lets Holdings Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.034 98.200 0.040
201409 0.035 98.900 0.041
201412 0.055 99.000 0.064
201503 0.009 99.900 0.010
201506 0.108 99.500 0.125
201509 0.032 100.500 0.037
201512 0.114 100.600 0.131
201603 -0.027 102.200 -0.030
201606 0.172 101.400 0.195
201609 0.137 102.400 0.154
201612 0.115 102.600 0.129
201703 -0.027 103.200 -0.030
201706 0.028 103.100 0.031
201709 0.079 104.100 0.087
201712 -0.023 104.500 -0.025
201803 0.029 105.300 0.032
201806 -0.006 104.900 -0.007
201809 0.043 106.600 0.046
201812 -0.014 106.500 -0.015
201903 -0.181 107.700 -0.194
201906 0.196 107.700 0.210
201909 0.183 109.800 0.192
201912 0.095 111.200 0.098
202003 -0.202 112.300 -0.207
202006 0.100 110.400 0.104
202009 0.165 111.700 0.170
202012 0.170 111.500 0.176
202103 -0.189 112.662 -0.193
202106 -0.073 111.769 -0.075
202109 0.311 112.215 0.319
202112 0.254 113.108 0.259
202203 -0.210 114.335 -0.212
202206 0.163 114.558 0.164
202209 -0.001 115.339 -0.001
202212 0.355 115.116 0.355
202303 -0.144 115.116 -0.144
202306 0.137 114.558 0.138
202309 0.322 115.339 0.322
202312 0.002 114.781 0.002
202403 -0.149 115.227 -0.149

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


Lets Holdings Group Co  (SZSE:002398) 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.

Lets Holdings Group Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=3.99/0.23
=17.35

* 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 Lets Holdings Group Co was 250.67. The lowest was 14.63. And the median was 65.43.


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.


Lets Holdings Group Co Cyclically Adjusted FCF per Share Related Terms

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


Lets Holdings Group Co (SZSE:002398) Business Description

Traded in Other Exchanges
N/A
Address
No. 62 Hubin South Road, Simin District, Fujian, Xiamen, CHN, 361004
Lets Holdings Group Co Ltd is a China-based company engaged in the comprehensive technical service of buildings, commercial concrete, concrete admixtures, autoclaved aerated concrete block, and special engineering construction. It is also an information technology and intelligent service provider.
Executives
Cai Yong Tai Directors, executives
Ma Xiu Xing Directors, executives
Li Xiao Bin Directors, executives
Ye Bin Executives
Guo Yuan Qiang Supervisors
Lin Yan Ni Supervisors
Huang Ming Hui Executives
Gui Miao Miao Director
Lin Qian Yu Directors, Directors, and Executives
Ke Lin Xiang Securities Affairs Representative

Lets Holdings Group Co (SZSE:002398) Headlines

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