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Lucky Film Co (SHSE:600135) Cyclically Adjusted FCF per Share : ¥-0.15 (As of Mar. 2024)


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What is Lucky Film 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.

Lucky Film Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.392. 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 ¥-0.15 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 7.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 7.50% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -15.10% 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 Lucky Film Co was 26.00% per year. The lowest was -141.00% per year. And the median was 2.30% per year.

As of today (2024-06-20), Lucky Film Co's current stock price is ¥5.00. Lucky Film Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.15. Lucky Film Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Lucky Film Co was 628.00. The lowest was 628.00. And the median was 628.00.


Lucky Film Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Lucky Film 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.

Lucky Film Co Cyclically Adjusted FCF per Share Chart

Lucky Film 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 -0.15 -0.15 -0.14 -0.09 -0.12

Lucky Film 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 -0.09 -0.11 -0.12 -0.12 -0.15

Competitive Comparison of Lucky Film Co's Cyclically Adjusted FCF per Share

For the Chemicals subindustry, Lucky Film 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.


Lucky Film Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lucky Film Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Lucky Film Co's Cyclically Adjusted Price-to-FCF falls into.



Lucky Film 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, Lucky Film 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)
=-0.392/115.2271*115.2271
=-0.392

Current CPI (Mar. 2024) = 115.2271.

Lucky Film Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.040 98.200 -0.047
201409 -0.080 98.900 -0.093
201412 -0.197 99.000 -0.229
201503 -0.197 99.900 -0.227
201506 -0.045 99.500 -0.052
201509 -0.353 100.500 -0.405
201512 -0.133 100.600 -0.152
201603 -0.340 102.200 -0.383
201606 0.313 101.400 0.356
201609 -0.129 102.400 -0.145
201612 -0.107 102.600 -0.120
201703 -0.270 103.200 -0.301
201706 0.154 103.100 0.172
201709 -0.243 104.100 -0.269
201712 0.199 104.500 0.219
201803 -0.113 105.300 -0.124
201806 -0.009 104.900 -0.010
201809 0.056 106.600 0.061
201812 0.062 106.500 0.067
201903 0.046 107.700 0.049
201906 0.021 107.700 0.022
201909 -0.081 109.800 -0.085
201912 0.275 111.200 0.285
202003 -0.234 112.300 -0.240
202006 -0.007 110.400 -0.007
202009 0.001 111.700 0.001
202012 0.268 111.500 0.277
202103 -0.216 112.662 -0.221
202106 -0.175 111.769 -0.180
202109 -0.055 112.215 -0.056
202112 0.528 113.108 0.538
202203 -0.245 114.335 -0.247
202206 -0.064 114.558 -0.064
202209 -0.010 115.339 -0.010
202212 0.580 115.116 0.581
202303 -0.200 115.116 -0.200
202306 0.025 114.558 0.025
202309 0.104 115.339 0.104
202312 -0.011 114.781 -0.011
202403 -0.392 115.227 -0.392

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


Lucky Film Co  (SHSE:600135) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Lucky Film Co was 628.00. The lowest was 628.00. And the median was 628.00.


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.


Lucky Film Co Cyclically Adjusted FCF per Share Related Terms

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


Lucky Film Co (SHSE:600135) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.6 Lekai South Street 6, Baoding, Hebei, CHN, 071054
Lucky Film Co Ltd manufactures and sells digital photo papers in China. Some of the products offered by the company include Double-faced Color Paper, Digital Color Paper, PET Film, Photo Chemicals, Magnetic Products and TAC Film.
Executives
Ma Li Qian Director
Zhang Jian Heng Director
Xu Jing Yan Director
Li Jian Xin Director

Lucky Film Co (SHSE:600135) Headlines

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