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Great Wall Motor Co (HKSE:02333) Cyclically Adjusted FCF per Share : HK$0.20 (As of Dec. 2023)


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What is Great Wall Motor 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.

Great Wall Motor Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was HK$-0.889. 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 HK$0.20 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Great Wall Motor Co's average Cyclically Adjusted FCF Growth Rate was -57.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -5.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 2.90% 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 Great Wall Motor Co was 29.40% per year. The lowest was -5.90% per year. And the median was 13.70% per year.

As of today (2024-05-01), Great Wall Motor Co's current stock price is HK$12.00. Great Wall Motor Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was HK$0.20. Great Wall Motor Co's Cyclically Adjusted Price-to-FCF of today is 60.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Great Wall Motor Co was 123.13. The lowest was 13.16. And the median was 31.11.


Great Wall Motor Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Great Wall Motor 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.

Great Wall Motor Co Cyclically Adjusted FCF per Share Chart

Great Wall Motor 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 0.32 0.24 0.52 0.47 0.20

Great Wall Motor 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 0.31 0.29 0.26 0.20 -

Competitive Comparison of Great Wall Motor Co's Cyclically Adjusted FCF per Share

For the Auto Manufacturers subindustry, Great Wall Motor 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.


Great Wall Motor Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Great Wall Motor Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Great Wall Motor Co's Cyclically Adjusted Price-to-FCF falls into.



Great Wall Motor 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, Great Wall Motor 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)
=-0.889/114.6694*114.6694
=-0.889

Current CPI (Dec. 2023) = 114.6694.

Great Wall Motor Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.008 98.600 -0.009
201406 0.260 98.200 0.304
201409 -0.067 98.900 -0.078
201412 -0.343 99.000 -0.397
201503 0.030 99.900 0.034
201506 0.532 99.500 0.613
201509 0.240 100.500 0.274
201512 -0.224 100.600 -0.255
201603 -0.206 102.200 -0.231
201606 0.389 101.400 0.440
201609 0.119 102.400 0.133
201612 -0.025 102.600 -0.028
201703 -0.848 103.200 -0.942
201706 1.505 103.100 1.674
201709 -0.366 104.100 -0.403
201712 -1.187 104.500 -1.303
201803 -0.319 105.300 -0.347
201806 1.890 104.900 2.066
201809 0.096 106.600 0.103
201812 0.007 106.500 0.008
201903 -0.372 107.700 -0.396
201906 0.613 107.700 0.653
201909 0.317 109.800 0.331
201912 0.283 111.200 0.292
202003 -0.072 112.300 -0.074
202006 0.843 110.400 0.876
202009 -1.436 111.700 -1.474
202012 0.222 111.500 0.228
202103 -0.234 112.662 -0.238
202106 1.667 111.769 1.710
202109 -0.071 112.215 -0.073
202112 1.501 113.108 1.522
202203 -2.068 114.335 -2.074
202206 1.990 114.558 1.992
202209 -0.690 115.339 -0.686
202212 0.076 115.116 0.076
202303 -1.481 115.116 -1.475
202306 0.150 114.558 0.150
202309 -0.153 115.339 -0.152
202312 -0.889 114.669 -0.889

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


Great Wall Motor Co  (HKSE:02333) 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.

Great Wall Motor Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=12.00/0.2
=60.00

* 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 Great Wall Motor Co was 123.13. The lowest was 13.16. And the median was 31.11.


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.


Great Wall Motor Co Cyclically Adjusted FCF per Share Related Terms

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


Great Wall Motor Co (HKSE:02333) Business Description

Traded in Other Exchanges
Address
No. 2266 Chaoyang Road South, Hebei Province, Baoding, CHN, 071000
Chinese automobile manufacturer Great Wall Motor is China's market leader in the SUV and pickup truck segments. In 2022, the company sold over 615,000 Haval-branded SUVs and 160,000 WEY- and Tank-branded SUVs, making it the largest SUV manufacturer by sales volume for the 12th year. It also sold more than 195,000 pickup trucks, also ranked number one in sales volume for 25 consecutive years. China's domestic market accounts for about 90% of Great Wall's revenue, with the balance coming from Russia, the Middle East, South Africa, Australia, and Chile, among others.

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