GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Vanke Co Ltd (OTCPK:CHVKY) » Definitions » Cyclically Adjusted FCF per Share

CHVKY (China Vanke Co) Cyclically Adjusted FCF per Share : $0.12 (As of Mar. 2025)


View and export this data going back to 2018. Start your Free Trial

What is China Vanke 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.

China Vanke Co's adjusted free cash flow per share for the three months ended in Mar. 2025 was $-0.038. 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 $0.12 for the trailing ten years ended in Mar. 2025.

During the past 12 months, China Vanke Co's average Cyclically Adjusted FCF Growth Rate was -11.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -7.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -1.70% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 20.40% 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 China Vanke Co was 346.50% per year. The lowest was -7.10% per year. And the median was 34.50% per year.

As of today (2025-05-15), China Vanke Co's current stock price is $0.30675. China Vanke Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $0.12. China Vanke Co's Cyclically Adjusted Price-to-FCF of today is 2.56.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of China Vanke Co was 76.34. The lowest was 2.52. And the median was 11.08.


China Vanke Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for China Vanke 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.

China Vanke Co Cyclically Adjusted FCF per Share Chart

China Vanke Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.17 0.11 0.09 0.10

China Vanke Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.11 0.11 0.12 0.10 0.12

Competitive Comparison of China Vanke Co's Cyclically Adjusted FCF per Share

For the Real Estate - Development subindustry, China Vanke 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.


China Vanke Co's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Vanke Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China Vanke Co's Cyclically Adjusted Price-to-FCF falls into.


;
;

China Vanke 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, China Vanke Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.038/115.1156*115.1156
=-0.038

Current CPI (Mar. 2025) = 115.1156.

China Vanke Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.061 99.500 0.071
201509 0.013 100.500 0.015
201512 0.135 100.600 0.154
201603 -0.075 102.200 -0.084
201606 0.243 101.400 0.276
201609 0.114 102.400 0.128
201612 -0.029 102.600 -0.033
201703 -0.065 103.200 -0.073
201706 0.206 103.100 0.230
201709 -0.038 104.100 -0.042
201712 0.440 104.500 0.485
201803 -0.205 105.300 -0.224
201806 0.133 104.900 0.146
201809 -0.160 106.600 -0.173
201812 0.407 106.500 0.440
201903 -0.192 107.700 -0.205
201906 0.216 107.700 0.231
201909 -0.045 109.800 -0.047
201912 0.261 111.200 0.270
202003 -0.023 112.300 -0.024
202006 0.151 110.400 0.157
202009 0.061 111.700 0.063
202012 0.105 111.500 0.108
202103 0.106 112.662 0.108
202106 -0.078 111.769 -0.080
202109 -0.051 112.215 -0.052
202112 -0.015 113.108 -0.015
202203 -0.097 114.335 -0.098
202206 0.111 114.558 0.112
202209 -0.090 115.339 -0.090
202212 0.008 115.116 0.008
202303 0.032 115.116 0.032
202306 -0.036 114.558 -0.036
202309 -0.021 115.339 -0.021
202312 0.002 114.781 0.002
202403 -0.062 115.227 -0.062
202406 0.017 114.781 0.017
202409 -0.008 115.785 -0.008
202412 0.048 114.893 0.048
202503 -0.038 115.116 -0.038

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


China Vanke Co  (OTCPK:CHVKY) 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.

China Vanke Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.30675/0.12
=2.56

* 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 China Vanke Co was 76.34. The lowest was 2.52. And the median was 11.08.


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.


China Vanke Co Cyclically Adjusted FCF per Share Related Terms

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


China Vanke Co Business Description

Industry
Address
Vanke Center, No. 33 Huanmei Road, Dameisha, Yantian District, Guangdong Province, Shenzhen, CHN, 518083
China Vanke is a large real estate developer in China with residential property sales among the top three of all peers through the past five years. While property development accounts for most of its revenue and earnings, it has expanded its business presence in investment properties such as commercial retail complexes, long-term leasing apartments, and leasable logistical assets. China Vanke also owns an over-60% equity interest in its property management division Onewo, which manages the second-largest gross floor area in China. It is dual-listed in Shenzhen and Hong Kong, and state-owned Shenzhen Metro is the largest shareholder with an approximate 27% stake.

China Vanke Co Headlines

From GuruFocus

Value Partners Classic Fund Comments on China Vanke

By Vera Yuan Vera Yuan 07-29-2014

Matthews Pacific Tiger Fund Comments on China Vanke

By Holly LaFon Holly LaFon 01-30-2017

Matthews China Fund 4th Quarter Commentary

By Holly LaFon Holly LaFon 01-28-2016

5 Real Estate Stocks Growing Quickly

By Tiziano Frateschi Tiziano Frateschi 04-07-2021