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enX Group (JSE:ENX) Cyclically Adjusted FCF per Share : R0.47 (As of Feb. 2024)


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What is enX Group 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.

enX Group's adjusted free cash flow per share data for the fiscal year that ended in Aug. 2023 was R-0.526. 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 R0.47 for the trailing ten years ended in Aug. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 30.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -5.00% 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 enX Group was 30.80% per year. The lowest was -28.10% per year. And the median was 1.35% per year.

As of today (2024-05-22), enX Group's current stock price is R 9.70. enX Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Aug. 2023 was R0.47. enX Group's Cyclically Adjusted Price-to-FCF of today is 20.64.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of enX Group was 34.58. The lowest was 6.25. And the median was 18.20.


enX Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for enX Group'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.

enX Group Cyclically Adjusted FCF per Share Chart

enX Group Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.21 0.26 0.56 0.47

enX Group Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 - 0.56 - 0.47 -

Competitive Comparison of enX Group's Cyclically Adjusted FCF per Share

For the Specialty Industrial Machinery subindustry, enX Group'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.


enX Group's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, enX Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



enX Group 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, enX Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Aug. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Aug. 2023 (Change)*Current CPI (Aug. 2023)
=-0.526/150.4220*150.4220
=-0.526

Current CPI (Aug. 2023) = 150.4220.

enX Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201408 0.947 96.794 1.472
201508 -3.064 101.154 -4.556
201608 -0.014 107.476 -0.020
201708 1.650 112.381 2.209
201808 1.184 117.831 1.511
201908 -2.317 122.954 -2.835
202008 1.140 126.660 1.354
202108 2.927 133.003 3.310
202208 2.622 143.536 2.748
202308 -0.526 150.422 -0.526

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


enX Group  (JSE:ENX) 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.

enX Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=9.70/0.47
=20.64

* 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 enX Group was 34.58. The lowest was 6.25. And the median was 18.20.


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.


enX Group Cyclically Adjusted FCF per Share Related Terms

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


enX Group (JSE:ENX) Business Description

Industry
Traded in Other Exchanges
N/A
Address
9th Floor, Kathryn Towers, 1 Park Lane, Sandton, PostNet Suite X86, Private Bag X7, Aston Manor, ZAF, 1630
enX Group Ltd is a diversified industrial group that provides industrial equipment, parts, related components, support services, and petrochemical products to diverse industries in South Africa, Sub-Saharan Africa, and the UK. The company operates through three segments including enX Power, enX Lubricants and enX Chemicals. enX Power involves New Way Power designs, manufacturers, installs, rents and maintains diesel generators and distributes a range of industrial engines. enX Chemicals involves West African International imports, stores and distributes plastics, polymers, rubber and speciality chemicals as well as conveyor belting, steel cord and conveyer belting fabric into Southern Africa. enX Lubricants segment African Group Lubricants produces and markets oil lubricants.