Shenzhou International Group Holdings (FRA:S6L) Cyclically Adjusted FCF per Share: €0.23 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:S6L Shenzhou International Group Holdings Ltd FRA:S6L
77 GF Score
Price €4.60
GF Value €8.65
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Shenzhou International Group Holdings Cyclically Adjusted FCF per Share?

Shenzhou International Group Holdings FRA:S6L 77 Cyclically Adjusted FCF per Share is €0.23 as of Dec. 2025. GuruFocus rates FRA:S6L with a GF Score™ of 77/100 and a GF Value™ of €8.65 (Significantly Undervalued). The stock has 1 warning sign investors should review.

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.

Shenzhou International Group Holdings's adjusted free cash flow per share data for the fiscal year that ended in Dec. 2025 was €0.227. 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 €0.23 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Shenzhou International Group Holdings's average Cyclically Adjusted FCF Growth Rate was 11.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 12.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 10.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 15.00% 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 Shenzhou International Group Holdings was 26.00% per year. The lowest was 8.10% per year. And the median was 12.40% per year.

As of today (2026-07-26), Shenzhou International Group Holdings's current stock price is € 4.60. Shenzhou International Group Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec. 2025 was €0.23. Shenzhou International Group Holdings's Cyclically Adjusted Price-to-FCF of today is 20.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Shenzhou International Group Holdings was 150.88. The lowest was 18.99. And the median was 85.86.


Shenzhou International Group Holdings  (FRA:S6L) 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.

Shenzhou International Group Holdings's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4.60/0.23
=20.00

* 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 Shenzhou International Group Holdings was 150.88. The lowest was 18.99. And the median was 85.86.


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.


Shenzhou International Group Holdings Cyclically Adjusted FCF per Share Related Terms


Shenzhou International Group Holdings Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Shenzhou International Group Holdings'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.

Shenzhou International Group Holdings Cyclically Adjusted FCF per Share Chart

Shenzhou International Group Holdings 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 0.15 0.18 0.19 0.23 0.23

Shenzhou International Group Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.19 0.00 0.23 0.00 0.23

Shenzhou International Group Holdings Cyclically Adjusted FCF per Share Competitor Comparison

For the Textile Manufacturing subindustry, Shenzhou International Group Holdings'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.


Shenzhou International Group Holdings Cyclically Adjusted Price-to-FCF vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shenzhou International Group Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shenzhou International Group Holdings's Cyclically Adjusted Price-to-FCF falls into.


FRA:S6L
77GF Score
Shenzhou International Group Holdings Ltd FRA:S6L
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shenzhou International Group Holdings 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, Shenzhou International Group Holdings's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.227/120.7036*120.7036
=0.227

Current CPI (Dec. 2025) = 120.7036.

Shenzhou International Group Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201612 0.088 103.225 0.103
201712 0.212 104.984 0.244
201812 0.186 107.622 0.209
201912 0.242 110.700 0.264
202012 0.272 109.711 0.299
202112 0.119 112.349 0.128
202212 0.277 114.548 0.292
202312 0.353 117.296 0.363
202412 0.296 118.945 0.300
202512 0.227 120.704 0.227

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 €0.23 mean?
Shenzhou International Group Holdings (FRA:S6L) has a Cyclically Adjusted FCF per Share of €0.23 as of Dec. 2025. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Shenzhou International Group Holdings and its competitors.
Is Shenzhou International Group Holdings' Cyclically Adjusted FCF per Share too high?
Shenzhou International Group Holdings' current Cyclically Adjusted FCF per Share is €0.23. Overall, Shenzhou International Group Holdings has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhou International Group Holdings' Cyclically Adjusted FCF per Share compare to competitors?
Shenzhou International Group Holdings' Cyclically Adjusted FCF per Share of €0.23 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Cyclically Adjusted FCF per Share depends on the Manufacturing - Apparel & Accessories 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 Shenzhou International Group Holdings and its competitors. Shenzhou International Group Holdings's current Cyclically Adjusted FCF per Share is €0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhou International Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Shenzhou International Group Holdings (FRA:S6L) is currently considered Significantly Undervalued. The stock's GF Value™ is €8.65, compared to a current price of €4.60 — trading 46.8% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €0.23. Shenzhou International Group Holdings' overall GF Score™ is 77/100 with 1 warning sign 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 Shenzhou International Group Holdings (FRA:S6L), the current Cyclically Adjusted FCF per Share is €0.23 as of Dec. 2025. 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 Shenzhou International Group Holdings (FRA:S6L) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhou International Group Holdings stock appears to be undervalued. The current stock price of €4.60 is trading 46.8% below its estimated GF Value™ of €8.65. GuruFocus considers Shenzhou International Group Holdings to be Significantly Undervalued.

Key valuation signals for FRA:S6L:

  • Cyclically Adjusted FCF per Share: €0.23
  • GF Value™: €8.65 vs. price of €4.60 (46.8% below fair value)
  • GF Score™: 77/100 with 1 warning sign

No single metric tells the full story. See the FRA:S6L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shenzhou International Group Holdings Business Description

Address No. 8 Cheung Yue Street, Unit 2708, 27th Floor, Billion Plaza, Kowloon, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Shenzhou is the largest vertically integrated knitwear manufacturer in the world. The group mainly produces sportswear (69% of 2024 revenue), casual wear (25% of revenue), and lingerie (5% of revenue) for international clients such as Nike, Adidas, Puma, and Uniqlo. Mainland China is its largest market, accounting for 28% of sales in 2024. This is followed by Europe, US, and Japan. Shenzhou currently operates manufacturing plants in China, Cambodia, and Vietnam.
77GF Score

Get the complete analysis for FRA:S6L

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

€4.60
Price
€8.65
GF Value