Grandblue Environment Co (SHSE:600323) Cyclically Adjusted FCF per Share: ¥-0.28 (As of Mar. 2026)

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SHSE:600323 Grandblue Environment Co Ltd SHSE:600323
89 GF Score
Price ¥30.96
GF Value ¥27.61
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Grandblue Environment Co Cyclically Adjusted FCF per Share?

Grandblue Environment Co SHSE:600323 -1.96% 89 Cyclically Adjusted FCF per Share is ¥-0.28 as of Mar. 2026. GuruFocus rates SHSE:600323 with a GF Score™ of 89/100 and a GF Value™ of ¥27.61 (Modestly Overvalued). The stock has 8 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.

Grandblue Environment Co's adjusted free cash flow per share for the three months ended in Mar. 2026 was ¥-0.115. 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 ¥-0.28 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 31.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 11.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -7.20% 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 Grandblue Environment Co was 31.70% per year. The lowest was -35.40% per year. And the median was -10.70% per year.

As of today (2026-08-02), Grandblue Environment Co's current stock price is ¥30.96. Grandblue Environment Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ¥-0.28. Grandblue Environment Co's Cyclically Adjusted Price-to-FCF of today is .


Grandblue Environment Co  (SHSE:600323) 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.


Grandblue Environment Co Cyclically Adjusted FCF per Share Related Terms


Grandblue Environment Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Grandblue Environment 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.

Grandblue Environment Co Cyclically Adjusted FCF per Share Chart

Grandblue Environment 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 -0.67 -0.91 -0.84 -0.60 -0.29

Grandblue Environment 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 -0.56 -0.54 -0.44 -0.29 -0.28

SHSE:600323 vs AWK, WTRG, AWR: Cyclically Adjusted FCF per Share Comparison

For the Utilities - Regulated Water subindustry, Grandblue Environment 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.


Grandblue Environment Co Cyclically Adjusted Price-to-FCF vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Grandblue Environment Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


SHSE:600323
89GF Score
Grandblue Environment Co Ltd SHSE:600323
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grandblue Environment 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, Grandblue Environment 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)
=-0.115/116.3033*116.3033
=-0.115

Current CPI (Mar. 2026) = 116.3033.

Grandblue Environment Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.167 101.400 0.192
201609 0.205 102.400 0.233
201612 0.247 102.600 0.280
201703 -0.131 103.200 -0.148
201706 0.323 103.100 0.364
201709 0.352 104.100 0.393
201712 0.083 104.500 0.092
201803 -0.316 105.300 -0.349
201806 0.086 104.900 0.095
201809 -0.315 106.600 -0.344
201812 0.221 106.500 0.241
201903 -0.952 107.700 -1.028
201906 -0.524 107.700 -0.566
201909 -1.113 109.800 -1.179
201912 -0.453 111.200 -0.474
202003 -1.145 112.300 -1.186
202006 -0.277 110.400 -0.292
202009 -0.440 111.700 -0.458
202012 -0.226 111.500 -0.236
202103 -0.593 112.662 -0.612
202106 -0.087 111.769 -0.091
202109 -0.335 112.215 -0.347
202112 -0.388 113.108 -0.399
202203 -1.256 114.335 -1.278
202206 -0.497 114.558 -0.505
202209 -0.467 115.339 -0.471
202212 -0.214 115.116 -0.216
202303 -0.878 115.116 -0.887
202306 -0.111 114.558 -0.113
202309 1.205 115.339 1.215
202312 0.303 114.781 0.307
202403 -0.142 115.227 -0.143
202406 -0.051 114.781 -0.052
202409 0.279 115.785 0.280
202412 1.878 114.893 1.901
202503 0.277 115.116 0.280
202506 0.140 114.907 0.142
202509 1.239 115.471 1.248
202512 1.371 115.832 1.377
202603 -0.115 116.303 -0.115

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 ¥-0.28 mean?
Grandblue Environment Co (SHSE:600323) has a Cyclically Adjusted FCF per Share of ¥-0.28 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 Grandblue Environment Co and its competitors.
Is Grandblue Environment Co's Cyclically Adjusted FCF per Share too high?
Grandblue Environment Co's current Cyclically Adjusted FCF per Share is ¥-0.28. Overall, Grandblue Environment Co has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grandblue Environment Co's Cyclically Adjusted FCF per Share compare to AWK and WTRG?
Grandblue Environment Co's Cyclically Adjusted FCF per Share of ¥-0.28 can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good Cyclically Adjusted FCF per Share depends on the Utilities - Regulated 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 Grandblue Environment Co and its competitors. Grandblue Environment Co's current Cyclically Adjusted FCF per Share is ¥-0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grandblue Environment Co stock overvalued right now?
Based on GuruFocus' analysis, Grandblue Environment Co (SHSE:600323) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥27.61, compared to a current price of ¥30.96 — trading 12.1% above its estimated fair value. The current Cyclically Adjusted FCF per Share is ¥-0.28. Grandblue Environment Co's overall GF Score™ is 89/100 with 8 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 Grandblue Environment Co (SHSE:600323), the current Cyclically Adjusted FCF per Share is ¥-0.28 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 Grandblue Environment Co (SHSE:600323) Overvalued in 2026?

Based on GuruFocus' analysis, Grandblue Environment Co stock appears to be overvalued. The current stock price of ¥30.96 is trading 12.1% above its estimated GF Value™ of ¥27.61. GuruFocus considers Grandblue Environment Co to be Modestly Overvalued.

Key valuation signals for SHSE:600323:

  • Cyclically Adjusted FCF per Share: ¥-0.28
  • GF Value™: ¥27.61 vs. price of ¥30.96 (12.1% above fair value)
  • GF Score™: 89/100 with 8 warning signs

No single metric tells the full story. See the SHSE:600323 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grandblue Environment Co Business Description

Address Cailian Building, Nanhai Avenue, Guicheng, Nanhai District, Guangdong Province, Foshan, CHN, 528200
Grandblue Environment Co Ltd is mainly engaged in urban water supply, sewage treatment, solid waste processing, and construction and operation of municipal infrastructure.
89GF Score

Get the complete analysis for SHSE:600323

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

¥30.96
Price
¥27.61
GF Value