GURUFOCUS.COM » STOCK LIST » Industrials » Construction » M-Grass Ecology And Environment (Group) Co Ltd (SZSE:300355) » Definitions » Cyclically Adjusted FCF per Share

M-Grass Ecology And Environment (Group) Co (SZSE:300355) Cyclically Adjusted FCF per Share : ¥-0.09 (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is M-Grass Ecology And Environment (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.

M-Grass Ecology And Environment (Group) Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.111. 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 ¥-0.09 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 30.70% 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 M-Grass Ecology And Environment (Group) Co was 30.70% per year. The lowest was 30.70% per year. And the median was 30.70% per year.

As of today (2024-05-28), M-Grass Ecology And Environment (Group) Co's current stock price is ¥2.69. M-Grass Ecology And Environment (Group) Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.09. M-Grass Ecology And Environment (Group) Co's Cyclically Adjusted Price-to-FCF of today is .


M-Grass Ecology And Environment (Group) Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for M-Grass Ecology And Environment (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.

M-Grass Ecology And Environment (Group) Co Cyclically Adjusted FCF per Share Chart

M-Grass Ecology And Environment (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 - -0.27 -0.23 -0.21 -0.09

M-Grass Ecology And Environment (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 -0.22 -0.17 -0.10 -0.09 -0.09

Competitive Comparison of M-Grass Ecology And Environment (Group) Co's Cyclically Adjusted FCF per Share

For the Engineering & Construction subindustry, M-Grass Ecology And Environment (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.


M-Grass Ecology And Environment (Group) Co's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, M-Grass Ecology And Environment (Group) Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where M-Grass Ecology And Environment (Group) Co's Cyclically Adjusted Price-to-FCF falls into.



M-Grass Ecology And Environment (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, M-Grass Ecology And Environment (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)
=-0.111/115.2271*115.2271
=-0.111

Current CPI (Mar. 2024) = 115.2271.

M-Grass Ecology And Environment (Group) Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.159 98.200 -0.187
201409 -0.104 98.900 -0.121
201412 0.174 99.000 0.203
201503 -0.168 99.900 -0.194
201506 -0.085 99.500 -0.098
201509 0.063 100.500 0.072
201512 0.083 100.600 0.095
201603 -0.382 102.200 -0.431
201606 -0.098 101.400 -0.111
201609 -0.057 102.400 -0.064
201612 0.362 102.600 0.407
201703 -0.301 103.200 -0.336
201706 -0.296 103.100 -0.331
201709 -0.334 104.100 -0.370
201712 1.142 104.500 1.259
201803 -0.631 105.300 -0.690
201806 0.015 104.900 0.016
201809 -0.640 106.600 -0.692
201812 0.143 106.500 0.155
201903 -0.340 107.700 -0.364
201906 -0.029 107.700 -0.031
201909 0.026 109.800 0.027
201912 0.135 111.200 0.140
202003 -0.389 112.300 -0.399
202006 -0.188 110.400 -0.196
202009 0.118 111.700 0.122
202012 0.111 111.500 0.115
202103 -0.039 112.662 -0.040
202106 0.066 111.769 0.068
202109 0.036 112.215 0.037
202112 0.107 113.108 0.109
202203 -0.135 114.335 -0.136
202206 0.203 114.558 0.204
202209 -0.035 115.339 -0.035
202212 0.093 115.116 0.093
202303 -0.169 115.116 -0.169
202306 0.357 114.558 0.359
202309 0.662 115.339 0.661
202312 0.074 114.781 0.074
202403 -0.111 115.227 -0.111

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


M-Grass Ecology And Environment (Group) Co  (SZSE:300355) 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.


M-Grass Ecology And Environment (Group) Co Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of M-Grass Ecology And Environment (Group) Co's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


M-Grass Ecology And Environment (Group) Co (SZSE:300355) Business Description

Traded in Other Exchanges
N/A
Address
No. 71 West Yindu building B block 3 layer, Inner Mongolia City College of Hohhot, Huhehot, CHN
M-Grass Ecology And Environment (Group) Co Ltd, formerly Inner Mongolia M-Grass Ecology and Environment (Group) Co Ltd is an ecological restoration company. It provides services to industry in ecological restoration, water gardens, eco-ranch, pasture seed industry, and modern grass industry. Geographically operates through China.
Executives
Wang Zhao Ming Director
Jiao Guo Shan Director
Xu Yong Li Director
Wang Yuan Yuan Executives
Wang Jian Jun Executives
Zhang Zhen Hua Independent director
Li Jin Xia Independent director
Xing Wen Rui Directors, executives
Huang Fu Sheng Executives
Guo Li Xia Supervisors
Sun Xian Hong Director
Zhao Yan Director
Hao Yan Tao Supervisors
Yang Yong Sheng Supervisors

M-Grass Ecology And Environment (Group) Co (SZSE:300355) Headlines

No Headlines