GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » United Renewable Energy Co Ltd (LUX:UREEN) » Definitions » Cyclically Adjusted FCF per Share

United Renewable Energy Co (LUX:UREEN) Cyclically Adjusted FCF per Share : $-0.43 (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is United Renewable Energy 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.

United Renewable Energy Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.055. 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 $-0.43 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 24.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 19.80% 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 United Renewable Energy Co was 24.30% per year. The lowest was 17.20% per year. And the median was 21.60% per year.

As of today (2024-06-09), United Renewable Energy Co's current stock price is $1.90. United Renewable Energy Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $-0.43. United Renewable Energy Co's Cyclically Adjusted Price-to-FCF of today is .


United Renewable Energy Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for United Renewable Energy 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.

United Renewable Energy Co Cyclically Adjusted FCF per Share Chart

United Renewable Energy 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 -0.81 -0.76 -0.93 -0.66 -0.53

United Renewable Energy 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 -0.58 -0.48 -0.44 -0.53 -0.43

Competitive Comparison of United Renewable Energy Co's Cyclically Adjusted FCF per Share

For the Solar subindustry, United Renewable Energy 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.


United Renewable Energy Co's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, United Renewable Energy Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where United Renewable Energy Co's Cyclically Adjusted Price-to-FCF falls into.



United Renewable Energy 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, United Renewable Energy Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.055/131.7762*131.7762
=0.055

Current CPI (Mar. 2024) = 131.7762.

United Renewable Energy Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.025 100.560 0.033
201409 -0.534 100.428 -0.701
201412 0.385 99.070 0.512
201503 -0.258 99.621 -0.341
201506 0.208 100.684 0.272
201509 -0.440 100.392 -0.578
201512 0.086 99.792 0.114
201603 -0.236 100.470 -0.310
201606 -0.450 101.688 -0.583
201609 -0.189 101.861 -0.245
201612 -0.459 101.863 -0.594
201703 -0.508 102.862 -0.651
201706 0.092 103.349 0.117
201709 -0.478 104.136 -0.605
201712 -0.156 104.011 -0.198
201803 -0.121 105.290 -0.151
201806 -0.208 106.317 -0.258
201809 -0.139 106.507 -0.172
201812 -0.127 105.998 -0.158
201903 -0.170 107.251 -0.209
201906 0.008 108.070 0.010
201909 -0.146 108.329 -0.178
201912 0.090 108.420 0.109
202003 0.054 108.902 0.065
202006 0.074 108.767 0.090
202009 0.076 109.815 0.091
202012 0.011 109.897 0.013
202103 -0.006 111.754 -0.007
202106 0.057 114.631 0.066
202109 0.021 115.734 0.024
202112 0.006 117.630 0.007
202203 -0.009 121.301 -0.010
202206 -0.120 125.017 -0.126
202209 -0.172 125.227 -0.181
202212 -0.047 125.222 -0.049
202303 0.116 127.348 0.120
202306 0.103 128.729 0.105
202309 0.027 129.860 0.027
202312 -0.017 129.419 -0.017
202403 0.055 131.776 0.055

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


United Renewable Energy Co  (LUX:UREEN) 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.


United Renewable Energy Co Cyclically Adjusted FCF per Share Related Terms

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


United Renewable Energy Co (LUX:UREEN) Business Description

Traded in Other Exchanges
Address
No. 7, Lixing 3rd Road, Hsinchu Science Park, Hsinchu, TWN, 30078
United Renewable Energy Co Ltd manufactures solar cells and modules. The company's solar cell offerings provide specified reverse current, shunt resistance, minimum power loss rate, low breakage rates, and several other benefits. Its modules are built to meet various international certifications, in addition to many different conditions. Bifacial solar cell products are built to take advantage of both vertical and horizontal installations and can be utilized in adverse environments. The company produces other lines of solar cell products that can take advantage of more residential or commercial applications and deliver customized solutions.

United Renewable Energy Co (LUX:UREEN) Headlines

No Headlines