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HY Energy Group Co (SHSE:600387) Cyclically Adjusted FCF per Share : ¥0.05 (As of Mar. 2024)


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What is HY Energy Group 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.

HY Energy Group Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.025. 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 ¥0.05 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 49.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 25.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 11.80% 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 HY Energy Group Co was 49.10% per year. The lowest was -64.70% per year. And the median was 3.90% per year.

As of today (2024-06-18), HY Energy Group Co's current stock price is ¥2.61. HY Energy Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.05. HY Energy Group Co's Cyclically Adjusted Price-to-FCF of today is 52.20.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of HY Energy Group Co was 120.60. The lowest was 44.20. And the median was 61.80.


HY Energy Group Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for HY Energy Group 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.

HY Energy Group Co Cyclically Adjusted FCF per Share Chart

HY Energy Group 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 -0.98 -1.06 -0.92 -0.87 -0.14

HY Energy Group 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 -0.80 -0.57 -0.42 -0.14 0.05

Competitive Comparison of HY Energy Group Co's Cyclically Adjusted FCF per Share

For the Oil & Gas Refining & Marketing subindustry, HY Energy Group 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.


HY Energy Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, HY Energy Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where HY Energy Group Co's Cyclically Adjusted Price-to-FCF falls into.



HY Energy Group 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, HY Energy Group 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)
=-0.025/115.2271*115.2271
=-0.025

Current CPI (Mar. 2024) = 115.2271.

HY Energy Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.705 98.200 -2.001
201409 -1.588 98.900 -1.850
201412 1.178 99.000 1.371
201503 -1.858 99.900 -2.143
201506 0.658 99.500 0.762
201509 0.679 100.500 0.778
201512 0.609 100.600 0.698
201603 -0.044 102.200 -0.050
201606 0.288 101.400 0.327
201609 -0.006 102.400 -0.007
201612 1.692 102.600 1.900
201703 -0.627 103.200 -0.700
201706 0.378 103.100 0.422
201709 0.107 104.100 0.118
201712 1.225 104.500 1.351
201803 0.459 105.300 0.502
201806 0.398 104.900 0.437
201809 0.679 106.600 0.734
201812 0.060 106.500 0.065
201903 0.056 107.700 0.060
201906 0.675 107.700 0.722
201909 -0.331 109.800 -0.347
201912 -0.033 111.200 -0.034
202003 -0.063 112.300 -0.065
202006 -0.260 110.400 -0.271
202009 0.007 111.700 0.007
202012 -0.592 111.500 -0.612
202103 -2.053 112.662 -2.100
202106 0.514 111.769 0.530
202109 -0.067 112.215 -0.069
202112 2.620 113.108 2.669
202203 -2.230 114.335 -2.247
202206 -0.315 114.558 -0.317
202209 -0.043 115.339 -0.043
202212 1.358 115.116 1.359
202303 -0.514 115.116 -0.514
202306 -0.244 114.558 -0.245
202309 -0.788 115.339 -0.787
202312 0.134 114.781 0.135
202403 -0.025 115.227 -0.025

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


HY Energy Group Co  (SHSE:600387) 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.

HY Energy Group Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.61/0.05
=52.20

* 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 HY Energy Group Co was 120.60. The lowest was 44.20. And the median was 61.80.


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.


HY Energy Group Co Cyclically Adjusted FCF per Share Related Terms

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


HY Energy Group Co (SHSE:600387) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 788, Danfeng Road, Haiyue Building, Binjiang District, Zhejiang, Hangzhou, CHN
HY Energy Group Co Ltd is a comprehensive energy enterprise mainly engaged in the energy industry investment in China. It's business layout involves energy warehousing, energy trade, retail terminal, fine chemical, among others. It owns companies such as Northern Petroleum, Ningbo Haiyue and Haiyue Asset Management.
Executives
Ceng Jia Director
Lu Xiao Jun Supervisors
Wang Bin Director
Zhou Yong senior management
Wu Zhi Biao senior management
Han Chao Supervisors
Tan Zhen senior management
Qiu Guo Liang senior management
Cheng Zhi Wei Director
He Tao Supervisors
Zhang Pei Hua senior management
Chen Xian Jun senior management
Tu Jian Ping Director
Fu Zhi Xiao Director
Xu Ming Director

HY Energy Group Co (SHSE:600387) Headlines

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