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CSSC Science & Technology Co (SHSE:600072) Cyclically Adjusted FCF per Share : ¥-1.78 (As of Mar. 2024)


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What is CSSC Science & Technology 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.

CSSC Science & Technology Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-1.694. 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 ¥-1.78 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -19.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -6.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -18.00% 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 CSSC Science & Technology Co was 5.50% per year. The lowest was -66.90% per year. And the median was -15.30% per year.

As of today (2024-06-02), CSSC Science & Technology Co's current stock price is ¥15.13. CSSC Science & Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-1.78. CSSC Science & Technology Co's Cyclically Adjusted Price-to-FCF of today is .


CSSC Science & Technology Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for CSSC Science & Technology 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.

CSSC Science & Technology Co Cyclically Adjusted FCF per Share Chart

CSSC Science & Technology 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 -1.05 -0.94 -0.92 -1.08 -1.62

CSSC Science & Technology 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 -1.33 -1.00 -1.57 -1.62 -1.78

Competitive Comparison of CSSC Science & Technology Co's Cyclically Adjusted FCF per Share

For the Steel subindustry, CSSC Science & Technology 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.


CSSC Science & Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, CSSC Science & Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where CSSC Science & Technology Co's Cyclically Adjusted Price-to-FCF falls into.



CSSC Science & Technology 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, CSSC Science & Technology 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)
=-1.694/115.2271*115.2271
=-1.694

Current CPI (Mar. 2024) = 115.2271.

CSSC Science & Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.081 98.200 -0.095
201409 -0.106 98.900 -0.123
201412 -0.022 99.000 -0.026
201503 0.033 99.900 0.038
201506 0.003 99.500 0.003
201509 0.030 100.500 0.034
201512 -3.170 100.600 -3.631
201603 -0.213 102.200 -0.240
201606 -1.421 101.400 -1.615
201609 -0.785 102.400 -0.883
201612 -0.608 102.600 -0.683
201703 -0.840 103.200 -0.938
201706 -0.389 103.100 -0.435
201709 -0.523 104.100 -0.579
201712 0.244 104.500 0.269
201803 -0.505 105.300 -0.553
201806 -0.311 104.900 -0.342
201809 -0.354 106.600 -0.383
201812 0.410 106.500 0.444
201903 -0.711 107.700 -0.761
201906 -0.032 107.700 -0.034
201909 -0.011 109.800 -0.012
201912 0.844 111.200 0.875
202003 -0.447 112.300 -0.459
202006 -0.142 110.400 -0.148
202009 0.007 111.700 0.007
202012 1.333 111.500 1.378
202103 0.315 112.662 0.322
202106 -0.184 111.769 -0.190
202109 0.010 112.215 0.010
202112 0.115 113.108 0.117
202203 -0.506 114.335 -0.510
202206 -0.118 114.558 -0.119
202209 -2.768 115.339 -2.765
202212 1.567 115.116 1.569
202303 -2.591 115.116 -2.594
202306 3.235 114.558 3.254
202309 -5.679 115.339 -5.674
202312 -0.590 114.781 -0.592
202403 -1.694 115.227 -1.694

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


CSSC Science & Technology Co  (SHSE:600072) 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.


CSSC Science & Technology Co Cyclically Adjusted FCF per Share Related Terms

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


CSSC Science & Technology Co (SHSE:600072) Business Description

Traded in Other Exchanges
N/A
Address
Jiangnan Ship Building, 600 Lu Ban Road, Luwan District, Shanghai, CHN, 200023
CSSC Science & Technology Co Ltd is engaged in the production and sale of steel structures, heavy port machinery and special pressure vessels in China.
Executives
Shen Liang Director
Ren Da De Director
Shi Wei Dong senior management
Ding Zhong Quan senior management

CSSC Science & Technology Co (SHSE:600072) Headlines

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