GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Baoji Titanium Industry Co Ltd (SHSE:600456) » Definitions » Cyclically Adjusted FCF per Share

Baoji Titanium Industry Co (SHSE:600456) Cyclically Adjusted FCF per Share : ¥-0.04 (As of Mar. 2024)


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

What is Baoji Titanium Industry 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.

Baoji Titanium Industry Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥0.037. 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 ¥-0.04 for the trailing ten years ended in Mar. 2024.

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 Baoji Titanium Industry Co was 43.30% per year. The lowest was -4.80% per year. And the median was 4.00% per year.

As of today (2024-04-30), Baoji Titanium Industry Co's current stock price is ¥26.93. Baoji Titanium Industry Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.04. Baoji Titanium Industry Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Baoji Titanium Industry Co was 3589.00. The lowest was 294.80. And the median was 982.50.


Baoji Titanium Industry Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Baoji Titanium Industry 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.

Baoji Titanium Industry Co Cyclically Adjusted FCF per Share Chart

Baoji Titanium Industry 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 -0.33 0.02 0.02 -0.06 -0.01

Baoji Titanium Industry 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 -0.06 0.07 0.10 -0.01 -0.04

Competitive Comparison of Baoji Titanium Industry Co's Cyclically Adjusted FCF per Share

For the Other Industrial Metals & Mining subindustry, Baoji Titanium Industry 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.


Baoji Titanium Industry Co's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Baoji Titanium Industry Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Baoji Titanium Industry Co's Cyclically Adjusted Price-to-FCF falls into.



Baoji Titanium Industry 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, Baoji Titanium Industry 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)
=0.037/114.6694*114.6694
=0.037

Current CPI (Mar. 2024) = 114.6694.

Baoji Titanium Industry Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.295 98.200 0.344
201409 -0.480 98.900 -0.557
201412 0.282 99.000 0.327
201503 -0.292 99.900 -0.335
201506 0.356 99.500 0.410
201509 -0.409 100.500 -0.467
201512 0.375 100.600 0.427
201603 -0.115 102.200 -0.129
201606 -0.046 101.400 -0.052
201609 -0.196 102.400 -0.219
201612 0.063 102.600 0.070
201703 -0.489 103.200 -0.543
201706 0.188 103.100 0.209
201709 0.035 104.100 0.039
201712 0.706 104.500 0.775
201803 -0.063 105.300 -0.069
201806 0.336 104.900 0.367
201809 -0.134 106.600 -0.144
201812 0.599 106.500 0.645
201903 -0.263 107.700 -0.280
201906 -0.195 107.700 -0.208
201909 0.008 109.800 0.008
201912 0.454 111.200 0.468
202003 -0.178 112.300 -0.182
202006 0.126 110.400 0.131
202009 0.490 111.700 0.503
202012 0.187 111.500 0.192
202103 -1.505 112.662 -1.532
202106 0.915 111.769 0.939
202109 -0.216 112.215 -0.221
202112 0.325 113.108 0.329
202203 -0.657 114.335 -0.659
202206 0.396 114.558 0.396
202209 0.060 115.339 0.060
202212 -1.451 115.116 -1.445
202303 -0.197 115.116 -0.196
202306 0.856 114.558 0.857
202309 0.240 115.339 0.239
202312 -0.924 114.669 -0.924
202403 0.037 114.669 0.037

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


Baoji Titanium Industry Co  (SHSE:600456) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Baoji Titanium Industry Co was 3589.00. The lowest was 294.80. And the median was 982.50.


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.


Baoji Titanium Industry Co Cyclically Adjusted FCF per Share Related Terms

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


Baoji Titanium Industry Co (SHSE:600456) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Taicheng Road, Baoji, Shanxi, CHN, 721014
Baoji Titanium Industry Co Ltd is a China-based company engaged in the production of titanium and titanium alloys. Its products include billets, bars, rods, wires, discs, rings, ingots, sheets and plates, forgings, slabs, wires, castings, and rare metals. Its products are used in aerospace, aviation, shipbuilding, fossil fuels, and medical industries.

Baoji Titanium Industry Co (SHSE:600456) Headlines

No Headlines