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Guangdong Vanward New Electric Co (SZSE:002543) Cyclically Adjusted FCF per Share : ¥0.75 (As of Mar. 2024)


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What is Guangdong Vanward New Electric 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.

Guangdong Vanward New Electric Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥0.303. 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 ¥0.75 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Guangdong Vanward New Electric Co's average Cyclically Adjusted FCF Growth Rate was 17.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 25.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 41.30% 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 Guangdong Vanward New Electric Co was 55.60% per year. The lowest was 25.40% per year. And the median was 42.70% per year.

As of today (2024-06-08), Guangdong Vanward New Electric Co's current stock price is ¥10.94. Guangdong Vanward New Electric Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.75. Guangdong Vanward New Electric Co's Cyclically Adjusted Price-to-FCF of today is 14.59.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Guangdong Vanward New Electric Co was 99.62. The lowest was 10.42. And the median was 19.18.


Guangdong Vanward New Electric Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Guangdong Vanward New Electric 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.

Guangdong Vanward New Electric Co Cyclically Adjusted FCF per Share Chart

Guangdong Vanward New Electric 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 0.21 0.37 0.49 0.61 0.73

Guangdong Vanward New Electric 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 0.64 0.71 0.72 0.73 0.75

Competitive Comparison of Guangdong Vanward New Electric Co's Cyclically Adjusted FCF per Share

For the Furnishings, Fixtures & Appliances subindustry, Guangdong Vanward New Electric 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.


Guangdong Vanward New Electric Co's Cyclically Adjusted Price-to-FCF Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Guangdong Vanward New Electric Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Guangdong Vanward New Electric Co's Cyclically Adjusted Price-to-FCF falls into.



Guangdong Vanward New Electric 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, Guangdong Vanward New Electric 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)
=0.303/115.2271*115.2271
=0.303

Current CPI (Mar. 2024) = 115.2271.

Guangdong Vanward New Electric Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.149 98.200 0.175
201409 -0.072 98.900 -0.084
201412 -0.222 99.000 -0.258
201503 0.192 99.900 0.221
201506 0.435 99.500 0.504
201509 0.054 100.500 0.062
201512 -0.056 100.600 -0.064
201603 0.385 102.200 0.434
201606 0.291 101.400 0.331
201609 0.076 102.400 0.086
201612 -0.106 102.600 -0.119
201703 0.274 103.200 0.306
201706 0.003 103.100 0.003
201709 0.604 104.100 0.669
201712 -0.179 104.500 -0.197
201803 0.065 105.300 0.071
201806 0.110 104.900 0.121
201809 -0.152 106.600 -0.164
201812 -0.153 106.500 -0.166
201903 0.509 107.700 0.545
201906 0.314 107.700 0.336
201909 0.205 109.800 0.215
201912 -0.130 111.200 -0.135
202003 0.654 112.300 0.671
202006 0.199 110.400 0.208
202009 0.426 111.700 0.439
202012 0.235 111.500 0.243
202103 0.152 112.662 0.155
202106 0.220 111.769 0.227
202109 -0.062 112.215 -0.064
202112 0.103 113.108 0.105
202203 -0.113 114.335 -0.114
202206 0.599 114.558 0.602
202209 0.337 115.339 0.337
202212 0.124 115.116 0.124
202303 0.458 115.116 0.458
202306 0.720 114.558 0.724
202309 0.222 115.339 0.222
202312 -0.080 114.781 -0.080
202403 0.303 115.227 0.303

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


Guangdong Vanward New Electric Co  (SZSE:002543) 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.

Guangdong Vanward New Electric Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=10.94/0.75
=14.59

* 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 Guangdong Vanward New Electric Co was 99.62. The lowest was 10.42. And the median was 19.18.


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.


Guangdong Vanward New Electric Co Cyclically Adjusted FCF per Share Related Terms

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


Guangdong Vanward New Electric Co (SZSE:002543) Business Description

Traded in Other Exchanges
N/A
Address
No.13, Jianye Mid-Road, Shunde High-Tech Industry Development Zone, Ronggui, Shunde, Foshan, Guangdong, CHN, 528305
Guangdong Vanward New Electric Co Ltd is a China-based company engaged in the manufacture and sale of gas water heaters and other gas appliances. Its main products include gas water heaters, range hoods, as well as air, solar and other new energy hot water products. The company's products are mainly used in domestic hot water, heating and hot water, refrigeration, drying and surplus heat of backwater.
Executives
Huang Shao Yan Supervisors
Hu Ling Supervisors
Huang Hui Guang Supervisors
Li Yue Executives
Lu Chu Qi Director

Guangdong Vanward New Electric Co (SZSE:002543) Headlines

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