China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) Cyclically Adjusted FCF per Share: ¥0.14 (As of Mar. 2026)

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SHSE:600111 China Northern Rare Earth (Group) High-Tech Co Ltd SHSE:600111
87 GF Score
Price ¥39.70
GF Value ¥32.56
Valuation Modestly Overvalued
! 5 Warning Signs
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What is China Northern Rare Earth (Group) High-Tech Co Cyclically Adjusted FCF per Share?

China Northern Rare Earth (Group) High-Tech Co SHSE:600111 +1.40% 87 Cyclically Adjusted FCF per Share is ¥0.14 as of Mar. 2026. GuruFocus rates SHSE:600111 with a GF Score™ of 87/100 and a GF Value™ of ¥32.56 (Modestly Overvalued). The stock has 5 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.

China Northern Rare Earth (Group) High-Tech Co's adjusted free cash flow per share for the three months ended in Mar. 2026 was ¥-0.124. 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 ¥0.14 for the trailing ten years ended in Mar. 2026.

During the past 12 months, China Northern Rare Earth (Group) High-Tech Co's average Cyclically Adjusted FCF Growth Rate was -36.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -16.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 17.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 11.30% 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 China Northern Rare Earth (Group) High-Tech Co was 135.10% per year. The lowest was -22.70% per year. And the median was 18.05% per year.

As of today (2026-07-31), China Northern Rare Earth (Group) High-Tech Co's current stock price is ¥39.70. China Northern Rare Earth (Group) High-Tech Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ¥0.14. China Northern Rare Earth (Group) High-Tech Co's Cyclically Adjusted Price-to-FCF of today is 283.57.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of China Northern Rare Earth (Group) High-Tech Co was 1016.83. The lowest was 58.07. And the median was 135.88.


China Northern Rare Earth (Group) High-Tech Co  (SHSE:600111) 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 Northern Rare Earth (Group) High-Tech Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=39.70/0.14
=283.57

* 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 Northern Rare Earth (Group) High-Tech Co was 1016.83. The lowest was 58.07. And the median was 135.88.


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 Northern Rare Earth (Group) High-Tech Co Cyclically Adjusted FCF per Share Related Terms


China Northern Rare Earth (Group) High-Tech Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for China Northern Rare Earth (Group) High-Tech 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.

China Northern Rare Earth (Group) High-Tech Co Cyclically Adjusted FCF per Share Chart

China Northern Rare Earth (Group) High-Tech 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 0.12 0.27 0.28 0.24 0.16

China Northern Rare Earth (Group) High-Tech 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 0.22 0.18 0.22 0.16 0.14

China Northern Rare Earth (Group) High-Tech Co Cyclically Adjusted FCF per Share Competitor Comparison

For the Other Industrial Metals & Mining subindustry, China Northern Rare Earth (Group) High-Tech 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 Northern Rare Earth (Group) High-Tech Co Cyclically Adjusted Price-to-FCF vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, China Northern Rare Earth (Group) High-Tech Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China Northern Rare Earth (Group) High-Tech Co's Cyclically Adjusted Price-to-FCF falls into.


SHSE:600111
87GF Score
China Northern Rare Earth (Group) High-Tech Co Ltd SHSE:600111
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Northern Rare Earth (Group) High-Tech 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 Northern Rare Earth (Group) High-Tech 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)
=-0.124/116.3033*116.3033
=-0.124

Current CPI (Mar. 2026) = 116.3033.

China Northern Rare Earth (Group) High-Tech Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.132 101.400 0.151
201609 0.083 102.400 0.094
201612 -0.261 102.600 -0.296
201703 -0.031 103.200 -0.035
201706 0.029 103.100 0.033
201709 0.108 104.100 0.121
201712 -0.665 104.500 -0.740
201803 0.176 105.300 0.194
201806 -0.408 104.900 -0.452
201809 -0.042 106.600 -0.046
201812 0.030 106.500 0.033
201903 0.081 107.700 0.087
201906 -0.001 107.700 -0.001
201909 -0.035 109.800 -0.037
201912 0.144 111.200 0.151
202003 0.134 112.300 0.139
202006 -0.101 110.400 -0.106
202009 0.031 111.700 0.032
202012 0.069 111.500 0.072
202103 0.158 112.662 0.163
202106 0.060 111.769 0.062
202109 0.335 112.215 0.347
202112 0.405 113.108 0.416
202203 0.491 114.335 0.499
202206 0.713 114.558 0.724
202209 0.009 115.339 0.009
202212 -0.182 115.116 -0.184
202303 0.082 115.116 0.083
202306 -0.107 114.558 -0.109
202309 0.289 115.339 0.291
202312 0.100 114.781 0.101
202403 -0.096 115.227 -0.097
202406 -0.022 114.781 -0.022
202409 0.278 115.785 0.279
202412 -0.346 114.893 -0.350
202503 -0.009 115.116 -0.009
202506 0.086 114.907 0.087
202509 0.407 115.471 0.410
202512 -0.537 115.832 -0.539
202603 -0.124 116.303 -0.124

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 ¥0.14 mean?
China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) has a Cyclically Adjusted FCF per Share of ¥0.14 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 China Northern Rare Earth (Group) High-Tech Co and its competitors.
Is China Northern Rare Earth (Group) High-Tech Co's Cyclically Adjusted FCF per Share too high?
China Northern Rare Earth (Group) High-Tech Co's current Cyclically Adjusted FCF per Share is ¥0.14. Overall, China Northern Rare Earth (Group) High-Tech Co has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Northern Rare Earth (Group) High-Tech Co's Cyclically Adjusted FCF per Share compare to competitors?
China Northern Rare Earth (Group) High-Tech Co's Cyclically Adjusted FCF per Share of ¥0.14 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Cyclically Adjusted FCF per Share depends on the Metals & Mining 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 China Northern Rare Earth (Group) High-Tech Co and its competitors. China Northern Rare Earth (Group) High-Tech Co's current Cyclically Adjusted FCF per Share is ¥0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Northern Rare Earth (Group) High-Tech Co stock overvalued right now?
Based on GuruFocus' analysis, China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥32.56, compared to a current price of ¥39.70 — trading 21.9% above its estimated fair value. The current Cyclically Adjusted FCF per Share is ¥0.14. China Northern Rare Earth (Group) High-Tech Co's overall GF Score™ is 87/100 with 5 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 China Northern Rare Earth (Group) High-Tech Co (SHSE:600111), the current Cyclically Adjusted FCF per Share is ¥0.14 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 China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) Overvalued in 2026?

Based on GuruFocus' analysis, China Northern Rare Earth (Group) High-Tech Co stock appears to be overvalued. The current stock price of ¥39.70 is trading 21.9% above its estimated GF Value™ of ¥32.56. GuruFocus considers China Northern Rare Earth (Group) High-Tech Co to be Modestly Overvalued.

Key valuation signals for SHSE:600111:

  • Cyclically Adjusted FCF per Share: ¥0.14
  • GF Value™: ¥32.56 vs. price of ¥39.70 (21.9% above fair value)
  • GF Score™: 87/100 with 5 warning signs

No single metric tells the full story. See the SHSE:600111 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Northern Rare Earth (Group) High-Tech Co Business Description

Other Exchanges CNRE80:Thailand
Address No. 83 Huanghe Street, Rare Earth High-tech Industrial Development Zone, Inner Mongolia Autonomous Region, Baotou, CHN, 014030
China Northern Rare Earth (Group) High-Tech Co Ltd is a China-based company operating in the non-ferrous metal smelting and rolling processing industry. It refines and sells rare earth minerals and resources. The company operates through four segments. The Trading Business segment focuses on the distribution of rare earth raw materials. The Production Business segment is involved in the manufacturing of these raw materials. The Rare Earth Functional Materials and Application Products segment covers the development and sale of rare earth-based materials and their applications. The Environmental Protection Industry and Others segment provides services related to environmental management, including the treatment and recycling of waste gas, wastewater, and solid waste.
87GF Score

Get the complete analysis for SHSE:600111

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

¥39.70
Price
¥32.56
GF Value