GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Routon Electronic Co Ltd (SHSE:600355) » Definitions » Cyclically Adjusted FCF per Share

Routon Electronic Co (SHSE:600355) Cyclically Adjusted FCF per Share : ¥-0.01 (As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Routon Electronic 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.

Routon Electronic Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.001. 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 ¥-0.01 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 41.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 20.00% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 17.90% 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 Routon Electronic Co was 41.50% per year. The lowest was -10.10% per year. And the median was 16.60% per year.

As of today (2024-06-09), Routon Electronic Co's current stock price is ¥2.85. Routon Electronic Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.01. Routon Electronic Co's Cyclically Adjusted Price-to-FCF of today is .


Routon Electronic Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Routon Electronic 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.

Routon Electronic Co Cyclically Adjusted FCF per Share Chart

Routon Electronic 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 -0.04 -0.05 -0.04 -0.02 -0.01

Routon Electronic 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 -0.02 -0.02 -0.01 -0.01 -0.01

Competitive Comparison of Routon Electronic Co's Cyclically Adjusted FCF per Share

For the Communication Equipment subindustry, Routon Electronic 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.


Routon Electronic Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Routon Electronic 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, Routon Electronic 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)
=-0.001/115.2271*115.2271
=-0.001

Current CPI (Mar. 2024) = 115.2271.

Routon Electronic Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.005 98.200 0.006
201409 0.012 98.900 0.014
201412 -0.003 99.000 -0.003
201503 0.126 99.900 0.145
201506 -0.101 99.500 -0.117
201509 0.031 100.500 0.036
201512 0.032 100.600 0.037
201603 -0.046 102.200 -0.052
201606 -0.029 101.400 -0.033
201609 -0.057 102.400 -0.064
201612 0.166 102.600 0.186
201703 -0.022 103.200 -0.025
201706 -0.030 103.100 -0.034
201709 -0.068 104.100 -0.075
201712 0.014 104.500 0.015
201803 -0.062 105.300 -0.068
201806 -0.028 104.900 -0.031
201809 0.039 106.600 0.042
201812 0.083 106.500 0.090
201903 0.020 107.700 0.021
201906 -0.044 107.700 -0.047
201909 0.001 109.800 0.001
201912 0.026 111.200 0.027
202003 -0.058 112.300 -0.060
202006 -0.024 110.400 -0.025
202009 0.003 111.700 0.003
202012 -0.014 111.500 -0.014
202103 0.021 112.662 0.021
202106 0.005 111.769 0.005
202109 -0.019 112.215 -0.020
202112 -0.029 113.108 -0.030
202203 0.063 114.335 0.063
202206 -0.028 114.558 -0.028
202209 0.018 115.339 0.018
202212 -0.056 115.116 -0.056
202303 0.021 115.116 0.021
202306 -0.044 114.558 -0.044
202309 0.033 115.339 0.033
202312 -0.030 114.781 -0.030
202403 -0.001 115.227 -0.001

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


Routon Electronic Co  (SHSE:600355) 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.


Routon Electronic Co Cyclically Adjusted FCF per Share Related Terms

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


Routon Electronic Co (SHSE:600355) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 70 Guanggu Avenue, Donghu Development Zone, Wuhan, Hubei, CHN, 430223
Routon Electronic Co Ltd is engaged in the business of manufacturing and selling intelligent electronic terminals in China.
Executives
Zhang Xue Yang Director
Pei Tao Supervisors
Cao Ruo Xin Director
Cai Yuan Hong Director

Routon Electronic Co (SHSE:600355) Headlines

No Headlines