Kweichow Moutai Co (SHSE:600519) Cyclically Adjusted FCF per Share: ¥0.00 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600519 Kweichow Moutai Co Ltd SHSE:600519
95 GF Score
Price ¥1,293.09
GF Value ¥1,594.98
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Kweichow Moutai Co Cyclically Adjusted FCF per Share?

Kweichow Moutai Co SHSE:600519 -3.64% 95 Cyclically Adjusted FCF per Share is ¥0.00 as of Jun. 2026. GuruFocus rates SHSE:600519 with a GF Score™ of 95/100 and a GF Value™ of ¥1,594.98 (Modestly Undervalued). The stock has 2 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.

Kweichow Moutai Co's adjusted free cash flow per share for the three months ended in Jun. 2026 was ¥34.812. 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 ¥0.00 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Kweichow Moutai Co's average Cyclically Adjusted FCF Growth Rate was 12.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 15.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 15.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 21.80% 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 Kweichow Moutai Co was 35.00% per year. The lowest was 15.10% per year. And the median was 24.10% per year.

As of today (2026-08-17), Kweichow Moutai Co's current stock price is ¥1293.09. Kweichow Moutai Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was ¥0.00. Kweichow Moutai Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Kweichow Moutai Co was 130.51. The lowest was 27.67. And the median was 63.49.


Kweichow Moutai Co  (SHSE:600519) 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 Kweichow Moutai Co was 130.51. The lowest was 27.67. And the median was 63.49.


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.


Kweichow Moutai Co Cyclically Adjusted FCF per Share Related Terms


Kweichow Moutai Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Kweichow Moutai 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.

Kweichow Moutai Co Cyclically Adjusted FCF per Share Chart

Kweichow Moutai 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 24.29 26.47 30.80 37.05 40.61

Kweichow Moutai Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 37.64 39.22 40.61 42.24 0.00

SHSE:600519 vs BF.B: Cyclically Adjusted FCF per Share Comparison

For the Beverages - Wineries & Distilleries subindustry, Kweichow Moutai 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.


Kweichow Moutai Co Cyclically Adjusted Price-to-FCF vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Kweichow Moutai Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


SHSE:600519
95GF Score
Kweichow Moutai Co Ltd SHSE:600519
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kweichow Moutai 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, Kweichow Moutai Co's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=34.812/116.0564*116.0564
=34.812

Current CPI (Jun. 2026) = 116.0564.

Kweichow Moutai Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 14.869 102.400 16.852
201612 3.724 102.600 4.212
201703 4.614 103.200 5.189
201706 0.521 103.100 0.586
201709 12.395 104.100 13.819
201712 -0.798 104.500 -0.886
201803 3.470 105.300 3.824
201806 10.080 104.900 11.152
201809 8.109 106.600 8.828
201812 10.002 106.500 10.899
201903 0.461 107.700 0.497
201906 17.819 107.700 19.202
201909 1.851 109.800 1.956
201912 13.355 111.200 13.938
202003 1.503 112.300 1.553
202006 7.777 110.400 8.175
202009 9.429 111.700 9.797
202012 20.752 111.500 21.600
202103 -2.306 112.662 -2.375
202106 18.125 111.769 18.820
202109 11.650 112.215 12.049
202112 20.781 113.108 21.323
202203 -6.448 114.335 -6.545
202206 5.097 114.558 5.164
202209 6.733 115.339 6.775
202212 19.616 115.116 19.776
202303 3.453 115.116 3.481
202306 19.619 114.558 19.876
202309 15.185 115.339 15.279
202312 12.670 114.781 12.811
202403 6.681 115.227 6.729
202406 21.249 114.781 21.485
202409 5.139 115.785 5.151
202412 36.808 114.893 37.181
202503 6.298 115.116 6.349
202506 2.883 114.907 2.912
202509 19.472 115.471 19.571
202512 17.949 115.832 17.984
202603 21.011 116.303 20.966
202606 34.812 116.056 34.812

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 ¥0.00 mean?
Kweichow Moutai Co (SHSE:600519) has a Cyclically Adjusted FCF per Share of ¥0.00 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Kweichow Moutai Co and its competitors.
Is Kweichow Moutai Co's Cyclically Adjusted FCF per Share too high?
Kweichow Moutai Co's current Cyclically Adjusted FCF per Share is ¥0.00. Overall, Kweichow Moutai Co has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kweichow Moutai Co's Cyclically Adjusted FCF per Share compare to BF.B?
Kweichow Moutai Co's Cyclically Adjusted FCF per Share of ¥0.00 can be compared against companies in the Beverages - Alcoholic 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 a Beverages - Alcoholic company?
A good Cyclically Adjusted FCF per Share depends on the Beverages - Alcoholic 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 Kweichow Moutai Co and its competitors. Kweichow Moutai Co's current Cyclically Adjusted FCF per Share is ¥0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kweichow Moutai Co stock overvalued right now?
Based on GuruFocus' analysis, Kweichow Moutai Co (SHSE:600519) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥1,594.98, compared to a current price of ¥1,293.09 — trading 18.9% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ¥0.00. Kweichow Moutai Co's overall GF Score™ is 95/100 with 2 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 Kweichow Moutai Co (SHSE:600519), the current Cyclically Adjusted FCF per Share is ¥0.00 as of Jun. 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 Kweichow Moutai Co (SHSE:600519) Overvalued in 2026?

Based on GuruFocus' analysis, Kweichow Moutai Co stock appears to be undervalued. The current stock price of ¥1,293.09 is trading 18.9% below its estimated GF Value™ of ¥1,594.98. GuruFocus considers Kweichow Moutai Co to be Modestly Undervalued.

Key valuation signals for SHSE:600519:

  • Cyclically Adjusted FCF per Share: ¥0.00
  • GF Value™: ¥1,594.98 vs. price of ¥1,293.09 (18.9% below fair value)
  • GF Score™: 95/100 with 2 warning signs

No single metric tells the full story. See the SHSE:600519 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kweichow Moutai Co Business Description

Other Exchanges MOUTAI80:Thailand
Address Maotai Town, Guizhou Province, Renhuai, CHN, 564501
Kweichow Moutai is China's largest baijiu producer, with sales revenue of over CNY 170 billion in 2024. Established in 1951, Moutai is headquartered in Moutai Town, Renhuai City, Guizhou province, in southwest China. Its core product, 53-degree Feitian Moutai, is known as China's national drink and has been consumed during many high-profile historical and political events. Moutai's unparalleled brand strength and premium product quality have led to remarkable pricing power, allowing it to achieve the industry's highest retail prices and profit margins. The State-owned Assets Supervision and Administration Commission of Guizhou province, through Moutai Group, controls a 49% stake in Kweichow Moutai.
95GF Score

Get the complete analysis for SHSE:600519

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

¥1,293.09
Price
¥1,594.98
GF Value