Beijing Gehua CATV Network Co (SHSE:600037) Cyclically Adjusted FCF per Share: ¥0.08 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600037 Beijing Gehua CATV Network Co Ltd SHSE:600037
62 GF Score
Price ¥6.69
GF Value ¥7.68
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Beijing Gehua CATV Network Co Cyclically Adjusted FCF per Share?

Beijing Gehua CATV Network Co SHSE:600037 +0.75% 62 Cyclically Adjusted FCF per Share is ¥0.08 as of Mar. 2026. GuruFocus rates SHSE:600037 with a GF Score™ of 62/100 and a GF Value™ of ¥7.68 (Modestly Undervalued). The stock has 3 warning signs investors should review.

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.

Beijing Gehua CATV Network Co's adjusted free cash flow per share for the three months ended in Mar. 2026 was ¥-0.071. 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 ¥0.08 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Beijing Gehua CATV Network Co's average Cyclically Adjusted FCF Growth Rate was -57.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -28.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 6.30% 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 Beijing Gehua CATV Network Co was 56.50% per year. The lowest was -32.60% per year. And the median was 15.15% per year.

As of today (2026-07-20), Beijing Gehua CATV Network Co's current stock price is ¥6.69. Beijing Gehua CATV Network Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ¥0.08. Beijing Gehua CATV Network Co's Cyclically Adjusted Price-to-FCF of today is 83.63.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Beijing Gehua CATV Network Co was 153.67. The lowest was 25.64. And the median was 36.58.


Beijing Gehua CATV Network Co  (SHSE:600037) 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.

Beijing Gehua CATV Network Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=6.69/0.08
=83.63

* 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 Beijing Gehua CATV Network Co was 153.67. The lowest was 25.64. And the median was 36.58.


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.


Beijing Gehua CATV Network Co Cyclically Adjusted FCF per Share Related Terms


Beijing Gehua CATV Network Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Beijing Gehua CATV Network 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.

Beijing Gehua CATV Network Co Cyclically Adjusted FCF per Share Chart

Beijing Gehua CATV Network Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.27 0.23 0.21 0.10

Beijing Gehua CATV Network Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.19 0.18 0.14 0.10 0.08

SHSE:600037 vs NXST: Cyclically Adjusted FCF per Share Comparison

For the Broadcasting subindustry, Beijing Gehua CATV Network 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.


Beijing Gehua CATV Network Co Cyclically Adjusted Price-to-FCF vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Beijing Gehua CATV Network Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Beijing Gehua CATV Network Co's Cyclically Adjusted Price-to-FCF falls into.


SHSE:600037
62GF Score
Beijing Gehua CATV Network Co Ltd SHSE:600037
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Beijing Gehua CATV Network 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, Beijing Gehua CATV Network Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.071/116.3033*116.3033
=-0.071

Current CPI (Mar. 2026) = 116.3033.

Beijing Gehua CATV Network Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.059 101.400 0.068
201609 0.101 102.400 0.115
201612 0.176 102.600 0.200
201703 0.002 103.200 0.002
201706 0.003 103.100 0.003
201709 0.076 104.100 0.085
201712 0.117 104.500 0.130
201803 -0.034 105.300 -0.038
201806 0.072 104.900 0.080
201809 -0.066 106.600 -0.072
201812 0.087 106.500 0.095
201903 -0.084 107.700 -0.091
201906 -0.028 107.700 -0.030
201909 -0.164 109.800 -0.174
201912 0.054 111.200 0.056
202003 -0.012 112.300 -0.012
202006 -0.049 110.400 -0.052
202009 0.044 111.700 0.046
202012 -0.030 111.500 -0.031
202103 -0.019 112.662 -0.020
202106 0.030 111.769 0.031
202109 0.076 112.215 0.079
202112 0.101 113.108 0.104
202203 0.004 114.335 0.004
202206 -0.009 114.558 -0.009
202209 0.047 115.339 0.047
202212 0.043 115.116 0.043
202303 -0.015 115.116 -0.015
202306 -0.008 114.558 -0.008
202309 0.039 115.339 0.039
202312 0.028 114.781 0.028
202403 -0.016 115.227 -0.016
202406 -0.003 114.781 -0.003
202409 0.043 115.785 0.043
202412 0.362 114.893 0.366
202503 -0.065 115.116 -0.066
202506 -0.006 114.907 -0.006
202509 -0.128 115.471 -0.129
202512 0.010 115.832 0.010
202603 -0.071 116.303 -0.071

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

What does a Cyclically Adjusted FCF per Share of ¥0.08 mean?
Beijing Gehua CATV Network Co (SHSE:600037) has a Cyclically Adjusted FCF per Share of ¥0.08 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Beijing Gehua CATV Network Co and its competitors.
Is Beijing Gehua CATV Network Co's Cyclically Adjusted FCF per Share too high?
Beijing Gehua CATV Network Co's current Cyclically Adjusted FCF per Share is ¥0.08. Overall, Beijing Gehua CATV Network Co has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Beijing Gehua CATV Network Co's Cyclically Adjusted FCF per Share compare to NXST?
Beijing Gehua CATV Network Co's Cyclically Adjusted FCF per Share of ¥0.08 can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Media - Diversified company?
A good Cyclically Adjusted FCF per Share depends on the Media - Diversified industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Beijing Gehua CATV Network Co and its competitors. Beijing Gehua CATV Network Co's current Cyclically Adjusted FCF per Share is ¥0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Gehua CATV Network Co stock overvalued right now?
Based on GuruFocus' analysis, Beijing Gehua CATV Network Co (SHSE:600037) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥7.68, compared to a current price of ¥6.69 — trading 12.9% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ¥0.08. Beijing Gehua CATV Network Co's overall GF Score™ is 62/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Beijing Gehua CATV Network Co (SHSE:600037), the current Cyclically Adjusted FCF per Share is ¥0.08 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Beijing Gehua CATV Network Co (SHSE:600037) Overvalued in 2026?

Based on GuruFocus' analysis, Beijing Gehua CATV Network Co stock appears to be undervalued. The current stock price of ¥6.69 is trading 12.9% below its estimated GF Value™ of ¥7.68. GuruFocus considers Beijing Gehua CATV Network Co to be Modestly Undervalued.

Key valuation signals for SHSE:600037:

  • Cyclically Adjusted FCF per Share: ¥0.08
  • GF Value™: ¥7.68 vs. price of ¥6.69 (12.9% below fair value)
  • GF Score™: 62/100 with 3 warning signs

No single metric tells the full story. See the SHSE:600037 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Beijing Gehua CATV Network Co Business Description

Address No.35 Huayuan North Road, Haidian District, Beijing, CHN, 100083
Beijing Gehua CATV Network Co Ltd is engaged in the development and maintenance of radio and television networks. It is involved in the transfer and transmission of radio and television programs, video on demand, network information service business, internet access services based on cable television networks, internet data transmission value-added services, domestic IP telephony services, and cable television advertising design, production, and distribution services. The service scope covers cities, districts, streets, communities and other levels, covering education, finance, medical care, environmental protection, transportation, commerce, safety supervision and other fields.
62GF Score

Get the complete analysis for SHSE:600037

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥6.69
Price
¥7.68
GF Value