GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Haibo Heavy Engineering Science and Technology Co Ltd (SZSE:300517) » Definitions » Cyclically Adjusted FCF per Share

Haibo Heavy Engineering Science and Technology Co (SZSE:300517) Cyclically Adjusted FCF per Share : ¥-0.08 (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Haibo Heavy Engineering Science and 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.

Haibo Heavy Engineering Science and Technology Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥0.399. 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 ¥-0.08 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 (2024-06-09), Haibo Heavy Engineering Science and Technology Co's current stock price is ¥8.88. Haibo Heavy Engineering Science and Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.08. Haibo Heavy Engineering Science and Technology Co's Cyclically Adjusted Price-to-FCF of today is .


Haibo Heavy Engineering Science and Technology Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Haibo Heavy Engineering Science and 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.

Haibo Heavy Engineering Science and Technology Co Cyclically Adjusted FCF per Share Chart

Haibo Heavy Engineering Science and 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 - - - - -0.12

Haibo Heavy Engineering Science and 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 - - - -0.12 -0.08

Competitive Comparison of Haibo Heavy Engineering Science and Technology Co's Cyclically Adjusted FCF per Share

For the Engineering & Construction subindustry, Haibo Heavy Engineering Science and 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.


Haibo Heavy Engineering Science and Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Haibo Heavy Engineering Science and Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Haibo Heavy Engineering Science and Technology Co's Cyclically Adjusted Price-to-FCF falls into.



Haibo Heavy Engineering Science and 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, Haibo Heavy Engineering Science and 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)
=0.399/115.2271*115.2271
=0.399

Current CPI (Mar. 2024) = 115.2271.

Haibo Heavy Engineering Science and Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201503 0.132 99.900 0.152
201506 0.004 99.500 0.005
201509 0.094 100.500 0.108
201512 0.222 100.600 0.254
201603 -0.252 102.200 -0.284
201606 0.273 101.400 0.310
201609 -0.315 102.400 -0.354
201612 0.337 102.600 0.378
201703 -0.080 103.200 -0.089
201706 -0.079 103.100 -0.088
201709 0.088 104.100 0.097
201712 -0.791 104.500 -0.872
201803 -0.304 105.300 -0.333
201806 0.032 104.900 0.035
201809 -0.033 106.600 -0.036
201812 0.043 106.500 0.047
201903 0.321 107.700 0.343
201906 -0.091 107.700 -0.097
201909 0.218 109.800 0.229
201912 -0.005 111.200 -0.005
202003 0.168 112.300 0.172
202006 -0.039 110.400 -0.041
202009 0.000 111.700 0.000
202012 -0.240 111.500 -0.248
202103 -0.254 112.662 -0.260
202106 -0.268 111.769 -0.276
202109 -0.147 112.215 -0.151
202112 0.080 113.108 0.081
202203 -0.270 114.335 -0.272
202206 0.170 114.558 0.171
202209 0.169 115.339 0.169
202212 -0.102 115.116 -0.102
202303 -0.433 115.116 -0.433
202306 0.120 114.558 0.121
202309 0.212 115.339 0.212
202312 -0.035 114.781 -0.035
202403 0.399 115.227 0.399

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


Haibo Heavy Engineering Science and Technology Co  (SZSE:300517) 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.


Haibo Heavy Engineering Science and Technology Co Cyclically Adjusted FCF per Share Related Terms

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


Haibo Heavy Engineering Science and Technology Co (SZSE:300517) Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Jinqiao Industrial Park, Zhengdian Street, Jiangxia District, Hubei Province, Wuhan, CHN, 430207
Haibo Heavy Engineering Science and Technology Co Ltd is a China-based firm. It manufactures and installs steel bridges. It is engaged in the steel engineering business. Its also involved in the installation of steel bridge and the welding of the bridge.
Executives
Xu Wei Min Executives
Liu Qian Jun Directors, executives
Song Xiong Wen Directors, executives
Zhang Hai Bo Director
Le Rong Jun Supervisors

Haibo Heavy Engineering Science and Technology Co (SZSE:300517) Headlines

No Headlines