CTGDF (China Tourism Group Duty Free) Cyclically Adjusted FCF per Share: $0.00 (As of Mar. 2026)

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CTGDF China Tourism Group Duty Free Corp Ltd CTGDF
81 GF Score
Price $6.25
GF Value $7.91
! 4 Warning Signs
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What is China Tourism Group Duty Free Cyclically Adjusted FCF per Share?

China Tourism Group Duty Free CTGDF 81 Cyclically Adjusted FCF per Share is $0.00 as of Mar. 2026. GuruFocus rates CTGDF with a GF Score™ of 81/100 and a GF Value™ of $7.91. The stock has 4 warning signs investors should review.

Note: As Cyclically Adjusted FCF per Share is a main component used to calculate Cyclically Adjusted Price-to-FCF. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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 Tourism Group Duty Free's adjusted free cash flow per share for the three months ended in Mar. 2026 was $0.252. 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 $0.00 for the trailing ten years ended in Mar. 2026.

During the past 12 months, China Tourism Group Duty Free's average Cyclically Adjusted FCF Growth Rate was 6.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 27.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 15.70% 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 Tourism Group Duty Free was 36.80% per year. The lowest was 11.00% per year. And the median was 20.70% per year.

As of today (2026-08-16), China Tourism Group Duty Free's current stock price is $6.25. China Tourism Group Duty Free's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was $0.00. China Tourism Group Duty Free's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of China Tourism Group Duty Free was 404.02. The lowest was 24.53. And the median was 114.29.


China Tourism Group Duty Free  (OTCPK:CTGDF) 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 China Tourism Group Duty Free was 404.02. The lowest was 24.53. And the median was 114.29.


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 Tourism Group Duty Free Cyclically Adjusted FCF per Share Related Terms


China Tourism Group Duty Free Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for China Tourism Group Duty Free'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.

China Tourism Group Duty Free Cyclically Adjusted FCF per Share Chart

China Tourism Group Duty Free Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

China Tourism Group Duty Free Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 0.00

CTGDF vs CASY, WSM, ULTA: Cyclically Adjusted FCF per Share Comparison

For the Specialty Retail subindustry, China Tourism Group Duty Free'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 Tourism Group Duty Free Cyclically Adjusted Price-to-FCF vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, China Tourism Group Duty Free's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China Tourism Group Duty Free's Cyclically Adjusted Price-to-FCF falls into.


CTGDF
81GF Score
China Tourism Group Duty Free Corp Ltd CTGDF
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Tourism Group Duty Free 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 Tourism Group Duty Free's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.252/116.3033*116.3033
=0.252

Current CPI (Mar. 2026) = 116.3033.

China Tourism Group Duty Free Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.002 101.400 -0.002
201609 0.057 102.400 0.065
201612 0.041 102.600 0.046
201703 0.018 103.200 0.020
201706 0.092 103.100 0.104
201709 0.058 104.100 0.065
201712 0.040 104.500 0.045
201803 0.165 105.300 0.182
201806 -0.001 104.900 -0.001
201809 0.071 106.600 0.077
201812 -0.136 106.500 -0.149
201903 0.217 107.700 0.234
201906 -0.082 107.700 -0.089
201909 0.061 109.800 0.065
201912 -0.071 111.200 -0.074
202003 -0.080 112.300 -0.083
202006 0.359 110.400 0.378
202009 0.150 111.700 0.156
202012 0.086 111.500 0.090
202103 -0.014 112.662 -0.014
202106 0.032 111.769 0.033
202109 0.151 112.215 0.157
202112 0.325 113.108 0.334
202203 -0.146 114.335 -0.149
202206 -0.221 114.558 -0.224
202209 -0.103 115.339 -0.104
202212 -0.019 115.116 -0.019
202303 0.492 115.116 0.497
202306 0.048 114.558 0.049
202309 0.288 115.339 0.290
202312 0.084 114.781 0.085
202403 0.324 115.227 0.327
202406 -0.082 114.781 -0.083
202409 0.038 115.785 0.038
202412 0.178 114.893 0.180
202503 0.304 115.116 0.307
202506 -0.164 114.907 -0.166
202509 0.028 115.471 0.028
202512 0.155 115.832 0.156
202603 0.252 116.303 0.252

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

What does a Cyclically Adjusted FCF per Share of $0.00 mean?
China Tourism Group Duty Free (CTGDF) has a Cyclically Adjusted FCF per Share of $0.00 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on China Tourism Group Duty Free and its competitors.
Is China Tourism Group Duty Free's Cyclically Adjusted FCF per Share too high?
China Tourism Group Duty Free's current Cyclically Adjusted FCF per Share is $0.00. Overall, China Tourism Group Duty Free has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does China Tourism Group Duty Free's Cyclically Adjusted FCF per Share compare to CASY and WSM?
China Tourism Group Duty Free's Cyclically Adjusted FCF per Share of $0.00 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Retail - Cyclical company?
A good Cyclically Adjusted FCF per Share depends on the Retail - Cyclical industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on China Tourism Group Duty Free and its competitors. China Tourism Group Duty Free's current Cyclically Adjusted FCF per Share is $0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Tourism Group Duty Free stock overvalued right now?
China Tourism Group Duty Free (CTGDF) has a current Cyclically Adjusted FCF per Share of $0.00. The stock's GF Value™ is $7.91, compared to a current price of $6.25 — trading 21% below its estimated fair value. The current Cyclically Adjusted FCF per Share is $0.00. China Tourism Group Duty Free's overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For China Tourism Group Duty Free (CTGDF), the current Cyclically Adjusted FCF per Share is $0.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is China Tourism Group Duty Free (CTGDF) Overvalued in 2026?

Based on GuruFocus' analysis, China Tourism Group Duty Free stock appears to be undervalued. The current stock price of $6.25 is trading 21% below its estimated GF Value™ of $7.91.

Key valuation signals for CTGDF:

  • Cyclically Adjusted FCF per Share: $0.00
  • GF Value™: $7.91 vs. price of $6.25 (21% below fair value)
  • GF Score™: 81/100 with 4 warning signs

No single metric tells the full story. See the CTGDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Tourism Group Duty Free Business Description

Other Exchanges 01880:Hong Kong601888:China
Address No. 2A, Dongzhimenwai Street, 8th Floor, Building A, Dongcheng District, Beijing, CHN, 100027
Established in 1984, China Tourism Group Duty Free is China's largest and the world's second-largest travel retailer in 2025 with revenue of CNY 54 billion. The company primarily operates duty-free stores at airports, border crossings, offshore, downtown, and on flights, cruises and ships, with about 200 stores spanning over 33 provinces in China, as well as overseas. The company also operates a duty-paid business. Its 2025 revenue mix was 73% duty-free sales and 27% duty-paid sales and others. CTG Duty Free is 50% owned by China Tourism Group, a state-owned enterprise that falls directly under the State-owned Assets Supervision and Administration Commission of the State Council.
81GF Score

Get the complete analysis for CTGDF

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$6.25
Price
$7.91
GF Value