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Shenzhen Liantronics Co (SZSE:300269) Cyclically Adjusted FCF per Share : ¥0.14 (As of Mar. 2024)


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What is Shenzhen Liantronics 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.

Shenzhen Liantronics Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥0.029. 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 ¥0.14 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shenzhen Liantronics Co's average Cyclically Adjusted FCF Growth Rate was 27.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 33.90% 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 Shenzhen Liantronics Co was 40.10% per year. The lowest was 33.90% per year. And the median was 37.00% per year.

As of today (2024-06-04), Shenzhen Liantronics Co's current stock price is ¥2.58. Shenzhen Liantronics Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.14. Shenzhen Liantronics Co's Cyclically Adjusted Price-to-FCF of today is 18.43.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Shenzhen Liantronics Co was 148.00. The lowest was 25.29. And the median was 47.80.


Shenzhen Liantronics Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Shenzhen Liantronics 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.

Shenzhen Liantronics Co Cyclically Adjusted FCF per Share Chart

Shenzhen Liantronics 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 0.04 0.05 0.06 0.11 0.12

Shenzhen Liantronics 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 0.11 0.12 0.10 0.12 0.14

Competitive Comparison of Shenzhen Liantronics Co's Cyclically Adjusted FCF per Share

For the Consumer Electronics subindustry, Shenzhen Liantronics 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.


Shenzhen Liantronics Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Liantronics Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Shenzhen Liantronics 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, Shenzhen Liantronics 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)
=0.029/115.2271*115.2271
=0.029

Current CPI (Mar. 2024) = 115.2271.

Shenzhen Liantronics Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.027 98.200 -0.032
201409 0.211 98.900 0.246
201412 0.320 99.000 0.372
201503 -0.034 99.900 -0.039
201506 0.109 99.500 0.126
201509 0.043 100.500 0.049
201512 0.243 100.600 0.278
201603 0.057 102.200 0.064
201606 0.092 101.400 0.105
201609 -1.025 102.400 -1.153
201612 0.279 102.600 0.313
201703 -0.103 103.200 -0.115
201706 0.183 103.100 0.205
201709 0.030 104.100 0.033
201712 0.173 104.500 0.191
201803 -0.074 105.300 -0.081
201806 -0.110 104.900 -0.121
201809 0.023 106.600 0.025
201812 0.283 106.500 0.306
201903 0.022 107.700 0.024
201906 -0.047 107.700 -0.050
201909 0.039 109.800 0.041
201912 0.137 111.200 0.142
202003 -0.089 112.300 -0.091
202006 0.114 110.400 0.119
202009 0.069 111.700 0.071
202012 0.036 111.500 0.037
202103 0.015 112.662 0.015
202106 0.032 111.769 0.033
202109 0.007 112.215 0.007
202112 0.097 113.108 0.099
202203 0.068 114.335 0.069
202206 0.002 114.558 0.002
202209 -0.026 115.339 -0.026
202212 0.100 115.116 0.100
202303 -0.112 115.116 -0.112
202306 0.011 114.558 0.011
202309 -0.026 115.339 -0.026
202312 0.125 114.781 0.125
202403 0.029 115.227 0.029

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


Shenzhen Liantronics Co  (SZSE:300269) 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.

Shenzhen Liantronics Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.58/0.14
=18.43

* 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 Shenzhen Liantronics Co was 148.00. The lowest was 25.29. And the median was 47.80.


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.


Shenzhen Liantronics Co Cyclically Adjusted FCF per Share Related Terms

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


Shenzhen Liantronics Co (SZSE:300269) Business Description

Traded in Other Exchanges
N/A
Address
3rd Liuxian Road, Antongda Industrial Zone, Liantronics Building, 2nd Floor, 68 Block Baoan, Bao'an District, Shenzhen, CHN, 518101
Shenzhen Liantronics Co Ltd is a China based company engaged in designing, manufacturing, selling and providing services for LED video display systems, LED message boards and LED lighting systems in China. It offers system solutions for medium and high-end LED full color display products. The company offers its products and solutions in China and other international countries. It provides products such as Fine pitch LED display, indoor fixed LED display, outdoor fixed LED display, indoor and outdoor rental LED display and other products. The company offers solutions for Broadcasting Studio, Stage LED Display, Mobile LED Display, Stadium LED Display, and others.
Executives
Xie Zhi Ming Supervisors
Liu Hu Jun Directors, executives
Wang Feng Directors, executives
Wang Guang Yan Executives
Zhong Ju Ying Directors, executives
Zhang Ai Ming Supervisors
Jiang Hao Executives
Huang Yun Wei Executives
Xiang Jian Yong Executives
Yao Tai Ping Director
Zhang Yan Jun Director
Qian Ke Yuan Independent director
Wang Yi Jian Executives
Wang Gang Supervisors

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