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Datang Telecom Technology Co (SHSE:600198) Cyclically Adjusted FCF per Share : ¥-0.08 (As of Mar. 2024)


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What is Datang Telecom 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.

Datang Telecom Technology Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.113. 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 ¥-0.08 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 38.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 24.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 2.80% 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 Datang Telecom Technology Co was 38.00% per year. The lowest was -54.90% per year. And the median was -5.50% per year.

As of today (2024-05-28), Datang Telecom Technology Co's current stock price is ¥5.36. Datang Telecom Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.08. Datang Telecom Technology Co's Cyclically Adjusted Price-to-FCF of today is .


Datang Telecom Technology Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Datang Telecom 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.

Datang Telecom Technology Co Cyclically Adjusted FCF per Share Chart

Datang Telecom 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 -0.67 -0.63 -0.48 -0.31 -0.15

Datang Telecom 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 -0.21 -0.18 -0.15 -0.15 -0.08

Competitive Comparison of Datang Telecom Technology Co's Cyclically Adjusted FCF per Share

For the Communication Equipment subindustry, Datang Telecom 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.


Datang Telecom Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Datang Telecom Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Datang Telecom 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, Datang Telecom 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)
=-0.113/115.2271*115.2271
=-0.113

Current CPI (Mar. 2024) = 115.2271.

Datang Telecom Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.761 98.200 -0.893
201409 -0.230 98.900 -0.268
201412 0.381 99.000 0.443
201503 -0.496 99.900 -0.572
201506 0.241 99.500 0.279
201509 -0.201 100.500 -0.230
201512 0.636 100.600 0.728
201603 -0.159 102.200 -0.179
201606 -0.239 101.400 -0.272
201609 0.036 102.400 0.041
201612 0.703 102.600 0.790
201703 -0.227 103.200 -0.253
201706 -0.097 103.100 -0.108
201709 -0.175 104.100 -0.194
201712 0.266 104.500 0.293
201803 -0.139 105.300 -0.152
201806 0.285 104.900 0.313
201809 0.198 106.600 0.214
201812 -0.325 106.500 -0.352
201903 -0.102 107.700 -0.109
201906 0.084 107.700 0.090
201909 -0.065 109.800 -0.068
201912 0.212 111.200 0.220
202003 -0.078 112.300 -0.080
202006 0.004 110.400 0.004
202009 0.083 111.700 0.086
202012 -0.025 111.500 -0.026
202103 -0.109 112.662 -0.111
202106 -0.101 111.769 -0.104
202109 -0.031 112.215 -0.032
202112 -0.044 113.108 -0.045
202203 0.008 114.335 0.008
202206 -0.102 114.558 -0.103
202209 -0.019 115.339 -0.019
202212 0.109 115.116 0.109
202303 -0.007 115.116 -0.007
202306 -0.135 114.558 -0.136
202309 -0.059 115.339 -0.059
202312 0.099 114.781 0.099
202403 -0.113 115.227 -0.113

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


Datang Telecom Technology Co  (SHSE:600198) 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.


Datang Telecom Technology Co Cyclically Adjusted FCF per Share Related Terms

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


Datang Telecom Technology Co (SHSE:600198) Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Yongjia North Road, Haidian District, Beijing, CHN, 100094
Datang Telecom Technology Co Ltd is a China-based company engaged in the communication equipment manufacturing industry. It is involved in the manufacturing of electronic and communication equipment, mobile phone, instrument and cultural and official goods, production and sales of security and protection products and design construction of security and protection work. It also provides system integration and network engineering services. The company operates its businesses primarily in domestic market.
Executives
Xu Hong Zhi Director
Pan Hai Shen Director
Jing Jun Xi Supervisors
Zhu Ya Nong Director
Zhao Jie senior management
Zhou Huan Director
Yang Yi Gang Director

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