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Kandi Technologies Group (Kandi Technologies Group) Cyclically Adjusted FCF per Share : $-0.60 (As of Dec. 2023)


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What is Kandi Technologies 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.

Kandi Technologies Group's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-1.464. 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 $-0.60 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -7.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -8.40% 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 Kandi Technologies Group was -5.10% per year. The lowest was -28.30% per year. And the median was -10.80% per year.

As of today (2024-05-01), Kandi Technologies Group's current stock price is $2.51. Kandi Technologies Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-0.60. Kandi Technologies Group's Cyclically Adjusted Price-to-FCF of today is .


Kandi Technologies Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Kandi Technologies 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.

Kandi Technologies Group Cyclically Adjusted FCF per Share Chart

Kandi Technologies Group 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 -0.37 -0.49 -0.54 -0.43 -0.60

Kandi Technologies Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.43 -0.42 -0.35 -0.47 -0.60

Competitive Comparison of Kandi Technologies Group's Cyclically Adjusted FCF per Share

For the Auto Parts subindustry, Kandi Technologies 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.


Kandi Technologies Group's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Kandi Technologies Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Kandi Technologies 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, Kandi Technologies Group'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)
=-1.464/114.6694*114.6694
=-1.464

Current CPI (Dec. 2023) = 114.6694.

Kandi Technologies Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.080 98.600 -0.093
201406 -0.873 98.200 -1.019
201409 -0.224 98.900 -0.260
201412 -0.223 99.000 -0.258
201503 -0.210 99.900 -0.241
201506 -0.069 99.500 -0.080
201509 0.243 100.500 0.277
201512 -0.120 100.600 -0.137
201603 -0.108 102.200 -0.121
201606 -0.001 101.400 -0.001
201609 -0.455 102.400 -0.510
201612 -0.610 102.600 -0.682
201703 -0.318 103.200 -0.353
201706 0.256 103.100 0.285
201709 0.004 104.100 0.004
201712 -0.050 104.500 -0.055
201803 -0.027 105.300 -0.029
201806 0.018 104.900 0.020
201809 -0.024 106.600 -0.026
201812 0.275 106.500 0.296
201903 -0.278 107.700 -0.296
201906 -0.365 107.700 -0.389
201909 0.343 109.800 0.358
201912 -0.285 111.200 -0.294
202003 -0.507 112.300 -0.518
202006 -0.147 110.400 -0.153
202009 0.352 111.700 0.361
202012 -0.839 111.500 -0.863
202103 -0.215 112.662 -0.219
202106 -0.051 111.769 -0.052
202109 -0.188 112.215 -0.192
202112 0.201 113.108 0.204
202203 0.069 114.335 0.069
202206 0.212 114.558 0.212
202209 -0.132 115.339 -0.131
202212 0.220 115.116 0.219
202303 0.090 115.116 0.090
202306 0.041 114.558 0.041
202309 0.045 115.339 0.045
202312 -1.464 114.669 -1.464

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


Kandi Technologies Group  (NAS:KNDI) 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.


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.


Kandi Technologies Group Cyclically Adjusted FCF per Share Related Terms

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


Kandi Technologies Group (Kandi Technologies Group) Business Description

Traded in Other Exchanges
Address
Jinhua New Energy Vehicle Town, Zhejiang Province, Jinhua, CHN, 321016
Kandi Technologies Group Inc is engaged in the development, production, and distribution of electric vehicle (EV) products, EV parts, and off-road vehicle products, primarily in the Chinese market. Other product offerings include all-terrain vehicles, go-karts, utility vehicles, battery packs, motor vehicles, controllers, and air conditioning systems. It generates revenue through EV parts and off-road vehicles. The company generates the majority of its revenue from China, and it also exports Overseas.
Executives
Xueqin Dong director, officer: Chief Executive Officer JINHUA NEW ENERGY VEHICLE TOWN, JINHUA F4 321016
Henry Yu director JINHUA CITY INDUSTRIAL ZONE, JINHUA, ZHEJIANG PROVINCE F4 321016
Lin Wang director C/O KANDI TECHNOLOGIES GROUP, INC., JINHUA NEW ENERGY VEHICLE TOWN, ZHEJIANG PROVINCE F4 321016
Chenming Sun director C/O KANDI TECHNOLOGIES GROUP, INC., JINHUA NEW ENERGY VEHICLE TOWN, ZHEJIANG PROVINCE F4 321016
Jehn Ming Lim officer: Chief Financial Officer FLAT E,7/F, BLOCK 3 ,BANYAN MANSION, WHAMPOA GARDEN,HUNG HOM, KOWLOON, HONG KONG K3 00000
Xiaoming Hu director, 10 percent owner, officer: President and CEO C/O KANDI TECHNOLOGIES GROUP, INC., JINHUA NEW ENERGY VEHICLE TOWN, ZHEJIANG PROVINCE F4 321016
Feng Zhu director JINHUA CITY INDUSTRIAL ZONE, JINHUA F4 321015
Yi Lin director JINHUA CITY INDUSTRIAL ZONE, JINHUA F4 321015
Excelvantage Group Ltd other: Sole Director JINHUA CITY INDUSTRIAL ZONE, JINHUA CITY, ZHEJIANG PROVINCE F4 321016
Cheng(henry) Wang officer: Chief Financial Officer C/O JINHUA CITY INDUSTRIAL ZONE, JINHUA, ZHEJIANG PROVINCE F4 321016
Bing Mei officer: Chief Financial Officer 42800 RIDGEWAY DR., ASHBURN VA 20148
Jingsong Qian director JINHUA CITY INDUSTRIAL ZONE, JINHUA ZHEJIANG PROVINCE F4 321016
Xiaoying Zhu director, officer: Chief Financial Officer C/O JINHUA CITY INDUSTRIAL ZONE, JINHUA, ZHEJIANG PROVINCE F4 321016
Liming Chen director JINHUA CITY INDUSTRIAL ZONE, JINHUA ZHEJIAN PROVINCE F4 321016
Guangzheng Ni director JINHUA CITY INDUSTRIAL ZONE, JINHUA ZHEJIANG PROVINCE F4 321016