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Time Publishing & Media Co (SHSE:600551) Cyclically Adjusted FCF per Share : ¥0.67 (As of Mar. 2024)


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What is Time Publishing & Media 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.

Time Publishing & Media Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.188. 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 ¥0.67 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Time Publishing & Media Co's average Cyclically Adjusted FCF Growth Rate was 31.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 7.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 9.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 9.90% 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 Time Publishing & Media Co was 38.10% per year. The lowest was 3.90% per year. And the median was 9.95% per year.

As of today (2024-05-22), Time Publishing & Media Co's current stock price is ¥11.86. Time Publishing & Media Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.67. Time Publishing & Media Co's Cyclically Adjusted Price-to-FCF of today is 17.70.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Time Publishing & Media Co was 140.82. The lowest was 12.37. And the median was 26.51.


Time Publishing & Media Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Time Publishing & Media 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.

Time Publishing & Media Co Cyclically Adjusted FCF per Share Chart

Time Publishing & Media 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 0.46 0.52 0.55 0.62 0.65

Time Publishing & Media 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 0.51 0.59 0.62 0.65 0.67

Competitive Comparison of Time Publishing & Media Co's Cyclically Adjusted FCF per Share

For the Publishing subindustry, Time Publishing & Media 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.


Time Publishing & Media Co's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Time Publishing & Media Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Time Publishing & Media Co's Cyclically Adjusted Price-to-FCF falls into.



Time Publishing & Media 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, Time Publishing & Media 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)
=-0.188/115.2271*115.2271
=-0.188

Current CPI (Mar. 2024) = 115.2271.

Time Publishing & Media Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.330 98.200 0.387
201409 -0.002 98.900 -0.002
201412 0.626 99.000 0.729
201503 -0.741 99.900 -0.855
201506 0.404 99.500 0.468
201509 0.074 100.500 0.085
201512 1.033 100.600 1.183
201603 -0.955 102.200 -1.077
201606 0.318 101.400 0.361
201609 -0.240 102.400 -0.270
201612 1.319 102.600 1.481
201703 -1.143 103.200 -1.276
201706 0.138 103.100 0.154
201709 -0.791 104.100 -0.876
201712 1.435 104.500 1.582
201803 -0.789 105.300 -0.863
201806 0.530 104.900 0.582
201809 -0.528 106.600 -0.571
201812 1.261 106.500 1.364
201903 -0.656 107.700 -0.702
201906 0.668 107.700 0.715
201909 -0.349 109.800 -0.366
201912 1.299 111.200 1.346
202003 -0.881 112.300 -0.904
202006 0.146 110.400 0.152
202009 0.286 111.700 0.295
202012 1.338 111.500 1.383
202103 -0.806 112.662 -0.824
202106 0.280 111.769 0.289
202109 -0.437 112.215 -0.449
202112 1.532 113.108 1.561
202203 -0.634 114.335 -0.639
202206 0.118 114.558 0.119
202209 -0.084 115.339 -0.084
202212 1.826 115.116 1.828
202303 -1.144 115.116 -1.145
202306 0.785 114.558 0.790
202309 -0.159 115.339 -0.159
202312 1.086 114.781 1.090
202403 -0.188 115.227 -0.188

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


Time Publishing & Media Co  (SHSE:600551) 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.

Time Publishing & Media Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=11.86/0.67
=17.70

* 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 Time Publishing & Media Co was 140.82. The lowest was 12.37. And the median was 26.51.


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.


Time Publishing & Media Co Cyclically Adjusted FCF per Share Related Terms

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


Time Publishing & Media Co (SHSE:600551) Business Description

Traded in Other Exchanges
N/A
Address
No. 20 Tianzhi Road, New and High-tech Development Zone, Hefei, Anhui, CHN, 230088
Time Publishing & Media Co Ltd is a cultural media listed company. It is mainly engaged in books, periodicals, print reproduction, new media, media technology research and development, equity investment and other services.

Time Publishing & Media Co (SHSE:600551) Headlines

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