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Synthesis Electronic Technology Co (SZSE:300479) Cyclically Adjusted FCF per Share : ¥-0.03 (As of Mar. 2024)


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What is Synthesis Electronic 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.

Synthesis Electronic Technology Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.713. 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 ¥-0.03 for the trailing ten years ended in Mar. 2024.

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 (2024-05-25), Synthesis Electronic Technology Co's current stock price is ¥14.48. Synthesis Electronic Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.03. Synthesis Electronic Technology Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Synthesis Electronic Technology Co was 655.00. The lowest was 467.33. And the median was 590.83.


Synthesis Electronic Technology Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Synthesis Electronic 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.

Synthesis Electronic Technology Co Cyclically Adjusted FCF per Share Chart

Synthesis Electronic 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 - - - - 0.03

Synthesis Electronic 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 -0.08 -0.09 -0.11 0.03 -0.03

Competitive Comparison of Synthesis Electronic Technology Co's Cyclically Adjusted FCF per Share

For the Business Equipment & Supplies subindustry, Synthesis Electronic 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.


Synthesis Electronic Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Synthesis Electronic Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Synthesis Electronic Technology Co's Cyclically Adjusted Price-to-FCF falls into.



Synthesis Electronic 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, Synthesis Electronic 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)
=-0.713/115.2271*115.2271
=-0.713

Current CPI (Mar. 2024) = 115.2271.

Synthesis Electronic Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.068 98.200 -0.080
201409 -0.094 98.900 -0.110
201412 0.463 99.000 0.539
201503 -0.541 99.900 -0.624
201506 0.016 99.500 0.019
201509 0.146 100.500 0.167
201512 0.300 100.600 0.344
201603 -0.402 102.200 -0.453
201606 0.026 101.400 0.030
201609 -0.203 102.400 -0.228
201612 0.206 102.600 0.231
201703 -0.186 103.200 -0.208
201706 -0.369 103.100 -0.412
201709 -0.007 104.100 -0.008
201712 0.207 104.500 0.228
201803 -0.186 105.300 -0.204
201806 -0.271 104.900 -0.298
201809 0.095 106.600 0.103
201812 0.274 106.500 0.296
201903 -0.247 107.700 -0.264
201906 -0.107 107.700 -0.114
201909 -0.130 109.800 -0.136
201912 0.421 111.200 0.436
202003 -0.358 112.300 -0.367
202006 0.088 110.400 0.092
202009 -0.009 111.700 -0.009
202012 0.401 111.500 0.414
202103 -0.099 112.662 -0.101
202106 -0.126 111.769 -0.130
202109 0.022 112.215 0.023
202112 0.349 113.108 0.356
202203 -0.213 114.335 -0.215
202206 -0.177 114.558 -0.178
202209 0.027 115.339 0.027
202212 0.270 115.116 0.270
202303 -0.136 115.116 -0.136
202306 -0.130 114.558 -0.131
202309 -0.154 115.339 -0.154
202312 1.372 114.781 1.377
202403 -0.713 115.227 -0.713

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


Synthesis Electronic Technology Co  (SZSE:300479) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Synthesis Electronic Technology Co was 655.00. The lowest was 467.33. And the median was 590.83.


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.


Synthesis Electronic Technology Co Cyclically Adjusted FCF per Share Related Terms

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


Synthesis Electronic Technology Co (SZSE:300479) Business Description

Traded in Other Exchanges
N/A
Address
High-tech Zone, Shunhua Road, No. 699 Spiritual Technology Park, Jinan, CHN, 250101
Synthesis Electronic Technology Co Ltd is engaged in developing, producing, selling and servicing smart Identity authentication terminals and industrial application software. The solutions developed have been put into batch commercial application in banking, public security, communication, social security, and medical care. The company is also into data and cloud computing services.
Executives
Zang Xue Li Directors, executives
Min Wan Li Director
Yan Long Director
Ding Xin Directors, executives
Li Hong Yu Directors, executives
Wang Ji Chun Director
Sun Jian Wei Supervisors
Guan Hua Jian Directors, executives

Synthesis Electronic Technology Co (SZSE:300479) Headlines

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