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Cecep Guozhen Environmental Protection Technology Co (SZSE:300388) Cyclically Adjusted FCF per Share : ¥-0.97 (As of Mar. 2024)


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What is Cecep Guozhen Environmental Protection Technology 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.

Cecep Guozhen Environmental Protection Technology Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.420. 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 ¥-0.97 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 5.10% 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 Cecep Guozhen Environmental Protection Technology Co was 6.60% per year. The lowest was 5.10% per year. And the median was 5.85% per year.

As of today (2024-05-23), Cecep Guozhen Environmental Protection Technology Co's current stock price is ¥6.06. Cecep Guozhen Environmental Protection Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.97. Cecep Guozhen Environmental Protection Technology Co's Cyclically Adjusted Price-to-FCF of today is .


Cecep Guozhen Environmental Protection Technology Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Cecep Guozhen Environmental Protection Technology 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.

Cecep Guozhen Environmental Protection Technology Co Cyclically Adjusted FCF per Share Chart

Cecep Guozhen Environmental Protection Technology 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 -1.13 -1.04 -0.91 -0.92 -0.89

Cecep Guozhen Environmental Protection Technology 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 -0.95 -0.86 -0.87 -0.89 -0.97

Competitive Comparison of Cecep Guozhen Environmental Protection Technology Co's Cyclically Adjusted FCF per Share

For the Waste Management subindustry, Cecep Guozhen Environmental Protection Technology 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.


Cecep Guozhen Environmental Protection Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Cecep Guozhen Environmental Protection Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Cecep Guozhen Environmental Protection Technology Co's Cyclically Adjusted Price-to-FCF falls into.



Cecep Guozhen Environmental Protection Technology 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, Cecep Guozhen Environmental Protection Technology 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)
=-0.42/115.2271*115.2271
=-0.420

Current CPI (Mar. 2024) = 115.2271.

Cecep Guozhen Environmental Protection Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.319 98.200 -0.374
201409 -0.023 98.900 -0.027
201412 -0.040 99.000 -0.047
201503 -0.186 99.900 -0.215
201506 -0.139 99.500 -0.161
201509 -0.287 100.500 -0.329
201512 -0.056 100.600 -0.064
201603 -0.811 102.200 -0.914
201606 -0.291 101.400 -0.331
201609 -0.197 102.400 -0.222
201612 -0.043 102.600 -0.048
201703 -0.096 103.200 -0.107
201706 -0.235 103.100 -0.263
201709 -0.293 104.100 -0.324
201712 -0.405 104.500 -0.447
201803 -0.726 105.300 -0.794
201806 -0.099 104.900 -0.109
201809 -0.296 106.600 -0.320
201812 -0.099 106.500 -0.107
201903 -0.962 107.700 -1.029
201906 -0.546 107.700 -0.584
201909 -1.752 109.800 -1.839
201912 -0.358 111.200 -0.371
202003 -0.729 112.300 -0.748
202006 0.098 110.400 0.102
202009 0.200 111.700 0.206
202012 0.134 111.500 0.138
202103 -0.345 112.662 -0.353
202106 0.134 111.769 0.138
202109 0.038 112.215 0.039
202112 0.775 113.108 0.790
202203 -0.444 114.335 -0.447
202206 0.213 114.558 0.214
202209 -0.016 115.339 -0.016
202212 0.201 115.116 0.201
202303 -0.529 115.116 -0.530
202306 0.116 114.558 0.117
202309 0.011 115.339 0.011
202312 -0.082 114.781 -0.082
202403 -0.420 115.227 -0.420

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


Cecep Guozhen Environmental Protection Technology Co  (SZSE:300388) 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.


Cecep Guozhen Environmental Protection Technology Co Cyclically Adjusted FCF per Share Related Terms

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Cecep Guozhen Environmental Protection Technology Co (SZSE:300388) Business Description

Traded in Other Exchanges
N/A
Address
91 Science Avenue, High-tech Industrial Development Zone, Anhui Province, Hefei, CHN, 230088
Cecep Guozhen Environmental Protection Technology Co Ltd is engaged in the comprehensive management of water environment. It is involved in offering municipal and industrial wastewater treatment solutions such as comprehensive treatment of water environment, municipal sewage, comprehensive treatment of water environment in villages and towns, and comprehensive services of industrial water system.

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