GURUFOCUS.COM » STOCK LIST » Technology » Software » Shenzhen Forms Syntron Information Co Ltd (SZSE:300468) » Definitions » Cyclically Adjusted FCF per Share

Shenzhen Forms Syntron Information Co (SZSE:300468) Cyclically Adjusted FCF per Share : ¥0.06 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Shenzhen Forms Syntron Information 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 Forms Syntron Information Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.089. 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 ¥0.06 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shenzhen Forms Syntron Information Co's average Cyclically Adjusted FCF Growth Rate was 100.00% 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.

As of today (2024-05-24), Shenzhen Forms Syntron Information Co's current stock price is ¥8.13. Shenzhen Forms Syntron Information Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.06. Shenzhen Forms Syntron Information Co's Cyclically Adjusted Price-to-FCF of today is 135.50.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Shenzhen Forms Syntron Information Co was 570.00. The lowest was 131.33. And the median was 280.63.


Shenzhen Forms Syntron Information Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Shenzhen Forms Syntron Information 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 Forms Syntron Information Co Cyclically Adjusted FCF per Share Chart

Shenzhen Forms Syntron Information 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 - - - - 0.05

Shenzhen Forms Syntron Information 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 0.03 0.02 0.04 0.05 0.06

Competitive Comparison of Shenzhen Forms Syntron Information Co's Cyclically Adjusted FCF per Share

For the Information Technology Services subindustry, Shenzhen Forms Syntron Information 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 Forms Syntron Information Co's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

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



Shenzhen Forms Syntron Information 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 Forms Syntron Information 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)
=-0.089/115.2271*115.2271
=-0.089

Current CPI (Mar. 2024) = 115.2271.

Shenzhen Forms Syntron Information Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.050 98.200 0.059
201409 0.042 98.900 0.049
201412 0.256 99.000 0.298
201503 -0.219 99.900 -0.253
201506 -0.028 99.500 -0.032
201509 -0.031 100.500 -0.036
201512 0.080 100.600 0.092
201603 -0.167 102.200 -0.188
201606 -0.053 101.400 -0.060
201609 -0.049 102.400 -0.055
201612 0.143 102.600 0.161
201703 -0.095 103.200 -0.106
201706 -0.001 103.100 -0.001
201709 -0.060 104.100 -0.066
201712 0.135 104.500 0.149
201803 -0.103 105.300 -0.113
201806 0.071 104.900 0.078
201809 -0.013 106.600 -0.014
201812 0.112 106.500 0.121
201903 0.001 107.700 0.001
201906 0.031 107.700 0.033
201909 -0.015 109.800 -0.016
201912 0.175 111.200 0.181
202003 -0.142 112.300 -0.146
202006 -0.030 110.400 -0.031
202009 -0.141 111.700 -0.145
202012 0.269 111.500 0.278
202103 -0.150 112.662 -0.153
202106 -0.058 111.769 -0.060
202109 -0.035 112.215 -0.036
202112 0.179 113.108 0.182
202203 -0.110 114.335 -0.111
202206 0.014 114.558 0.014
202209 0.021 115.339 0.021
202212 0.344 115.116 0.344
202303 -0.008 115.116 -0.008
202306 -0.062 114.558 -0.062
202309 0.123 115.339 0.123
202312 0.178 114.781 0.179
202403 -0.089 115.227 -0.089

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


Shenzhen Forms Syntron Information Co  (SZSE:300468) 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 Forms Syntron Information Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=8.13/0.06
=135.50

* 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 Forms Syntron Information Co was 570.00. The lowest was 131.33. And the median was 280.63.


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 Forms Syntron Information Co Cyclically Adjusted FCF per Share Related Terms

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


Shenzhen Forms Syntron Information Co (SZSE:300468) Business Description

Traded in Other Exchanges
N/A
Address
Shenzhen Software Park Road, Nanshan High-Tech Zone, Room 1008, 10th Floor, Shenzhen, CHN, 518057
Shenzhen Forms Syntron Information Co Ltd provides information technology services like software development, application maintenance, system integration, and IT consulting.
Executives
Deng Yu Gui Supervisors
Li Lin Directors, Directors, and Executives

Shenzhen Forms Syntron Information Co (SZSE:300468) Headlines

No Headlines