SAIC Motor (SHSE:600104) Cyclically Adjusted FCF per Share: ¥1.06 (As of Mar. 2026)

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SHSE:600104 SAIC Motor Corp Ltd SHSE:600104
63 GF Score
Price ¥11.25
GF Value ¥13.97
Valuation Modestly Undervalued
! 4 Warning Signs
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What is SAIC Motor Cyclically Adjusted FCF per Share?

SAIC Motor SHSE:600104 -0.62% 63 Cyclically Adjusted FCF per Share is ¥1.06 as of Mar. 2026. GuruFocus rates SHSE:600104 with a GF Score™ of 63/100 and a GF Value™ of ¥13.97 (Modestly Undervalued). The stock has 4 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.

SAIC Motor's adjusted free cash flow per share for the three months ended in Mar. 2026 was ¥2.544. 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 ¥1.06 for the trailing ten years ended in Mar. 2026.

During the past 12 months, SAIC Motor's average Cyclically Adjusted FCF Growth Rate was 41.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 44.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 15.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -3.70% 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 SAIC Motor was 44.20% per year. The lowest was -20.30% per year. And the median was 4.40% per year.

As of today (2026-08-03), SAIC Motor's current stock price is ¥11.25. SAIC Motor's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ¥1.06. SAIC Motor's Cyclically Adjusted Price-to-FCF of today is 10.61.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of SAIC Motor was 120.79. The lowest was 9.18. And the median was 48.51.


SAIC Motor  (SHSE:600104) 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.

SAIC Motor's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=11.25/1.06
=10.61

* 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 SAIC Motor was 120.79. The lowest was 9.18. And the median was 48.51.


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.


SAIC Motor Cyclically Adjusted FCF per Share Related Terms


SAIC Motor Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for SAIC Motor'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.

SAIC Motor Cyclically Adjusted FCF per Share Chart

SAIC Motor 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 0.39 0.24 0.39 0.72 0.72

SAIC Motor 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 0.75 0.80 0.82 0.72 1.06

SHSE:600104 vs TSLA, GM, F: Cyclically Adjusted FCF per Share Comparison

For the Auto Manufacturers subindustry, SAIC Motor'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.


SAIC Motor Cyclically Adjusted Price-to-FCF vs Vehicles & Parts Industry

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

* The bar in red indicates where SAIC Motor's Cyclically Adjusted Price-to-FCF falls into.


SHSE:600104
63GF Score
SAIC Motor Corp Ltd SHSE:600104
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SAIC Motor 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, SAIC Motor'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)
=2.544/116.3033*116.3033
=2.544

Current CPI (Mar. 2026) = 116.3033.

SAIC Motor Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.525 101.400 -0.602
201609 1.381 102.400 1.569
201612 -0.639 102.600 -0.724
201703 -0.839 103.200 -0.946
201706 1.182 103.100 1.333
201709 -0.094 104.100 -0.105
201712 -0.360 104.500 -0.401
201803 -2.070 105.300 -2.286
201806 -2.047 104.900 -2.270
201809 -0.392 106.600 -0.428
201812 2.538 106.500 2.772
201903 -2.307 107.700 -2.491
201906 1.104 107.700 1.192
201909 1.799 109.800 1.906
201912 1.061 111.200 1.110
202003 -0.456 112.300 -0.472
202006 2.366 110.400 2.493
202009 0.163 111.700 0.170
202012 -0.163 111.500 -0.170
202103 -0.145 112.662 -0.150
202106 -0.361 111.769 -0.376
202109 0.167 112.215 0.173
202112 0.588 113.108 0.605
202203 -1.103 114.335 -1.122
202206 0.145 114.558 0.147
202209 0.455 115.339 0.459
202212 -0.659 115.116 -0.666
202303 -1.183 115.116 -1.195
202306 1.050 114.558 1.066
202309 0.874 115.339 0.881
202312 1.250 114.781 1.267
202403 -0.733 115.227 -0.740
202406 1.177 114.781 1.193
202409 0.395 115.785 0.397
202412 3.366 114.893 3.407
202503 0.081 115.116 0.082
202506 1.184 114.907 1.198
202509 0.635 115.471 0.640
202512 -0.825 115.832 -0.828
202603 2.544 116.303 2.544

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 ¥1.06 mean?
SAIC Motor (SHSE:600104) has a Cyclically Adjusted FCF per Share of ¥1.06 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 SAIC Motor and its competitors.
Is SAIC Motor's Cyclically Adjusted FCF per Share too high?
SAIC Motor's current Cyclically Adjusted FCF per Share is ¥1.06. Overall, SAIC Motor has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SAIC Motor's Cyclically Adjusted FCF per Share compare to TSLA and GM?
SAIC Motor's Cyclically Adjusted FCF per Share of ¥1.06 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Cyclically Adjusted FCF per Share depends on the Vehicles & Parts 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 SAIC Motor and its competitors. SAIC Motor's current Cyclically Adjusted FCF per Share is ¥1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SAIC Motor stock overvalued right now?
Based on GuruFocus' analysis, SAIC Motor (SHSE:600104) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥13.97, compared to a current price of ¥11.25 — trading 19.5% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ¥1.06. SAIC Motor's overall GF Score™ is 63/100 with 4 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 SAIC Motor (SHSE:600104), the current Cyclically Adjusted FCF per Share is ¥1.06 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 SAIC Motor (SHSE:600104) Overvalued in 2026?

Based on GuruFocus' analysis, SAIC Motor stock appears to be undervalued. The current stock price of ¥11.25 is trading 19.5% below its estimated GF Value™ of ¥13.97. GuruFocus considers SAIC Motor to be Modestly Undervalued.

Key valuation signals for SHSE:600104:

  • Cyclically Adjusted FCF per Share: ¥1.06
  • GF Value™: ¥13.97 vs. price of ¥11.25 (19.5% below fair value)
  • GF Score™: 63/100 with 4 warning signs

No single metric tells the full story. See the SHSE:600104 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SAIC Motor Business Description

Address No. 489, Weihai Road, Jingan District, Shanghai, CHN, 200041
SAIC Motor Corp Ltd builds and sells passenger cars and commercial vehicles. The company operates its business through two segments: the Vehicle and Parts Segment and the Financial Services Segment. The Vehicle and Parts segment focuses on the manufacturing and sale of automobiles and components. The Financial Services segment is engaged in offering various financial solutions. It generates the majority of its revenue from the Vehicle and Parts Segment.
63GF Score

Get the complete analysis for SHSE:600104

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

¥11.25
Price
¥13.97
GF Value