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China World Trade Center Co (SHSE:600007) Cyclically Adjusted FCF per Share : ¥1.13 (As of Mar. 2024)


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What is China World Trade Center 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.

China World Trade Center Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥0.519. 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 ¥1.13 for the trailing ten years ended in Mar. 2024.

During the past 12 months, China World Trade Center Co's average Cyclically Adjusted FCF Growth Rate was 10.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 11.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 15.90% 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 China World Trade Center Co was 68.50% per year. The lowest was 11.80% per year. And the median was 33.20% per year.

As of today (2024-05-21), China World Trade Center Co's current stock price is ¥25.31. China World Trade Center Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥1.13. China World Trade Center Co's Cyclically Adjusted Price-to-FCF of today is 22.40.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of China World Trade Center Co was 1023.00. The lowest was 13.62. And the median was 25.91.


China World Trade Center Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for China World Trade Center 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.

China World Trade Center Co Cyclically Adjusted FCF per Share Chart

China World Trade Center 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 0.67 0.78 0.88 0.98 1.10

China World Trade Center 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 1.02 1.03 1.09 1.10 1.13

Competitive Comparison of China World Trade Center Co's Cyclically Adjusted FCF per Share

For the Real Estate Services subindustry, China World Trade Center 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.


China World Trade Center Co's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China World Trade Center Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China World Trade Center Co's Cyclically Adjusted Price-to-FCF falls into.



China World Trade Center 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, China World Trade Center 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)
=0.519/115.2271*115.2271
=0.519

Current CPI (Mar. 2024) = 115.2271.

China World Trade Center Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.210 98.200 0.246
201409 0.232 98.900 0.270
201412 0.094 99.000 0.109
201503 0.139 99.900 0.160
201506 0.092 99.500 0.107
201509 0.127 100.500 0.146
201512 -0.028 100.600 -0.032
201603 0.025 102.200 0.028
201606 0.075 101.400 0.085
201609 0.078 102.400 0.088
201612 -0.043 102.600 -0.048
201703 0.306 103.200 0.342
201706 0.099 103.100 0.111
201709 0.322 104.100 0.356
201712 0.094 104.500 0.104
201803 0.273 105.300 0.299
201806 0.207 104.900 0.227
201809 0.420 106.600 0.454
201812 0.135 106.500 0.146
201903 0.335 107.700 0.358
201906 0.147 107.700 0.157
201909 0.406 109.800 0.426
201912 0.238 111.200 0.247
202003 0.269 112.300 0.276
202006 0.169 110.400 0.176
202009 0.462 111.700 0.477
202012 0.208 111.500 0.215
202103 0.428 112.662 0.438
202106 0.377 111.769 0.389
202109 0.574 112.215 0.589
202112 0.246 113.108 0.251
202203 0.590 114.335 0.595
202206 0.289 114.558 0.291
202209 0.659 115.339 0.658
202212 0.224 115.116 0.224
202303 0.545 115.116 0.546
202306 0.413 114.558 0.415
202309 0.604 115.339 0.603
202312 0.282 114.781 0.283
202403 0.519 115.227 0.519

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


China World Trade Center Co  (SHSE:600007) 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.

China World Trade Center Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=25.31/1.13
=22.40

* 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 China World Trade Center Co was 1023.00. The lowest was 13.62. And the median was 25.91.


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.


China World Trade Center Co Cyclically Adjusted FCF per Share Related Terms

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


China World Trade Center Co (SHSE:600007) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Jian Guo Men Wai Avenue, Chaoyang District, Beijing, CHN, 100004
China World Trade Center Co Ltd is engaged in property leasing and management in China. The company is also involved in the management of hotels.

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