GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Anhui Conch Cement Co Ltd (OTCPK:AHCHY) » Definitions » Cyclically Adjusted FCF per Share

Anhui Conch Cement Co (Anhui Conch Cement Co) Cyclically Adjusted FCF per Share : $1.38 (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Anhui Conch Cement 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.

Anhui Conch Cement Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.758. 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 $1.38 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Anhui Conch Cement Co's average Cyclically Adjusted FCF Growth Rate was -2.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -1.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 10.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 54.60% 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 Anhui Conch Cement Co was 284.90% per year. The lowest was -1.30% per year. And the median was 49.65% per year.

As of today (2024-04-27), Anhui Conch Cement Co's current stock price is $11.10. Anhui Conch Cement Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.38. Anhui Conch Cement Co's Cyclically Adjusted Price-to-FCF of today is 8.04.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Anhui Conch Cement Co was 1658.00. The lowest was 8.20. And the median was 24.79.


Anhui Conch Cement Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Anhui Conch Cement 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.

Anhui Conch Cement Co Cyclically Adjusted FCF per Share Chart

Anhui Conch Cement 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 1.49 1.68 1.95 1.74 1.38

Anhui Conch Cement Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.74 1.67 1.48 1.34 1.38

Competitive Comparison of Anhui Conch Cement Co's Cyclically Adjusted FCF per Share

For the Building Materials subindustry, Anhui Conch Cement 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.


Anhui Conch Cement Co's Cyclically Adjusted Price-to-FCF Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Anhui Conch Cement Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Anhui Conch Cement Co's Cyclically Adjusted Price-to-FCF falls into.



Anhui Conch Cement 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, Anhui Conch Cement Co's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.758/114.6694*114.6694
=0.758

Current CPI (Dec. 2023) = 114.6694.

Anhui Conch Cement Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.129 98.600 0.150
201406 0.589 98.200 0.688
201409 0.515 98.900 0.597
201412 0.389 99.000 0.451
201503 -0.105 99.900 -0.121
201506 0.317 99.500 0.365
201509 0.048 100.500 0.055
201512 0.452 100.600 0.515
201603 0.158 102.200 0.177
201606 0.221 101.400 0.250
201609 0.375 102.400 0.420
201612 0.392 102.600 0.438
201703 0.196 103.200 0.218
201706 0.224 103.100 0.249
201709 0.498 104.100 0.549
201712 1.026 104.500 1.126
201803 0.325 105.300 0.354
201806 1.170 104.900 1.279
201809 1.080 106.600 1.162
201812 1.825 106.500 1.965
201903 0.426 107.700 0.454
201906 1.132 107.700 1.205
201909 1.148 109.800 1.199
201912 1.603 111.200 1.653
202003 0.106 112.300 0.108
202006 1.361 110.400 1.414
202009 0.929 111.700 0.954
202012 1.020 111.500 1.049
202103 0.438 112.662 0.446
202106 0.493 111.769 0.506
202109 0.867 112.215 0.886
202112 0.949 113.108 0.962
202203 -0.540 114.335 -0.542
202206 -1.219 114.558 -1.220
202209 -0.015 115.339 -0.015
202212 -0.633 115.116 -0.631
202303 -0.025 115.116 -0.025
202306 -0.184 114.558 -0.184
202309 0.229 115.339 0.228
202312 0.758 114.669 0.758

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


Anhui Conch Cement Co  (OTCPK:AHCHY) 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.

Anhui Conch Cement Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=11.10/1.38
=8.04

* 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 Anhui Conch Cement Co was 1658.00. The lowest was 8.20. And the median was 24.79.


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.


Anhui Conch Cement Co Cyclically Adjusted FCF per Share Related Terms

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


Anhui Conch Cement Co (Anhui Conch Cement Co) Business Description

Address
No. 39 Wenhua Road, Anhui Province, Wuhu, CHN, 241000
Anhui Conch Cement is mainly engaged in the production and sale of cement and clinker. The company was established in 1997 and headquartered in Anhui province. With annual cement production capacity of 388 million metric tons in 2022, the firm is the second-largest cement manufacturer in China. Sales of self-produced products contributed about 71.9% of its 2022 revenue, with the remainder mainly from the trading business and service income.

Anhui Conch Cement Co (Anhui Conch Cement Co) Headlines

From GuruFocus

No One Wants Chinese Stocks Now – And That's Why You Should

By John Dorfman John Dorfman 02-24-2020