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North Electro-Optic Co (SHSE:600184) Cyclically Adjusted FCF per Share : ¥0.11 (As of Mar. 2025)


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What is North Electro-Optic 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.

North Electro-Optic Co's adjusted free cash flow per share for the three months ended in Mar. 2025 was ¥-0.061. 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 ¥0.11 for the trailing ten years ended in Mar. 2025.

During the past 12 months, North Electro-Optic Co's average Cyclically Adjusted FCF Growth Rate was -62.10% 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 North Electro-Optic Co was 136.60% per year. The lowest was -28.60% per year. And the median was 6.90% per year.

As of today (2025-06-02), North Electro-Optic Co's current stock price is ¥14.08. North Electro-Optic Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was ¥0.11. North Electro-Optic Co's Cyclically Adjusted Price-to-FCF of today is 128.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of North Electro-Optic Co was 807.33. The lowest was 18.87. And the median was 42.91.


North Electro-Optic Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for North Electro-Optic 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.

North Electro-Optic Co Cyclically Adjusted FCF per Share Chart

North Electro-Optic Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.56 0.33 0.23 -0.08

North Electro-Optic Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.29 0.32 0.34 -0.08 0.11

Competitive Comparison of North Electro-Optic Co's Cyclically Adjusted FCF per Share

For the Electrical Equipment & Parts subindustry, North Electro-Optic 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.


North Electro-Optic Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, North Electro-Optic Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where North Electro-Optic Co's Cyclically Adjusted Price-to-FCF falls into.


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North Electro-Optic 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, North Electro-Optic Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.061/115.1156*115.1156
=-0.061

Current CPI (Mar. 2025) = 115.1156.

North Electro-Optic Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -0.419 99.500 -0.485
201509 -0.350 100.500 -0.401
201512 2.236 100.600 2.559
201603 -0.553 102.200 -0.623
201606 -0.304 101.400 -0.345
201609 -0.607 102.400 -0.682
201612 0.943 102.600 1.058
201703 -0.285 103.200 -0.318
201706 -0.161 103.100 -0.180
201709 -0.969 104.100 -1.072
201712 1.401 104.500 1.543
201803 0.575 105.300 0.629
201806 -0.197 104.900 -0.216
201809 -1.035 106.600 -1.118
201812 0.712 106.500 0.770
201903 -0.413 107.700 -0.441
201906 -0.180 107.700 -0.192
201909 -0.169 109.800 -0.177
201912 1.747 111.200 1.809
202003 -0.470 112.300 -0.482
202006 -0.251 110.400 -0.262
202009 -0.430 111.700 -0.443
202012 2.999 111.500 3.096
202103 -1.548 112.662 -1.582
202106 -0.267 111.769 -0.275
202109 0.639 112.215 0.656
202112 0.730 113.108 0.743
202203 -0.599 114.335 -0.603
202206 -0.619 114.558 -0.622
202209 -0.455 115.339 -0.454
202212 0.597 115.116 0.597
202303 -0.433 115.116 -0.433
202306 -0.254 114.558 -0.255
202309 -0.869 115.339 -0.867
202312 0.320 114.781 0.321
202403 0.265 115.227 0.265
202406 -0.197 114.781 -0.198
202409 -0.202 115.785 -0.201
202412 0.069 114.893 0.069
202503 -0.061 115.116 -0.061

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


North Electro-Optic Co  (SHSE:600184) 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.

North Electro-Optic Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=14.08/0.11
=128.00

* 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 North Electro-Optic Co was 807.33. The lowest was 18.87. And the median was 42.91.


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.


North Electro-Optic Co Cyclically Adjusted FCF per Share Related Terms

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


North Electro-Optic Co Business Description

Traded in Other Exchanges
N/A
Address
67 Changhong Beilu, Xiangfan, Hubei, CHN, 441057
North Electro-Optic Co Ltd is a China-based company mainly engaged in the research and development, design, manufacture, and distribution of optoelectronic defense products. The company is also engaged in the manufacture and sales of optoelectronic materials and components.
Executives
Jie Tao Supervisors

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