Bright Dairy & Food Co (SHSE:600597) Cyclically Adjusted FCF per Share: ¥0.17 (As of Mar. 2026)

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SHSE:600597 Bright Dairy & Food Co Ltd SHSE:600597
70 GF Score
Price ¥6.67
GF Value ¥8.72
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Bright Dairy & Food Co Cyclically Adjusted FCF per Share?

Bright Dairy & Food Co SHSE:600597 -2.77% 70 Cyclically Adjusted FCF per Share is ¥0.17 as of Mar. 2026. GuruFocus rates SHSE:600597 with a GF Score™ of 70/100 and a GF Value™ of ¥8.72 (Modestly Undervalued). The stock has 5 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.

Bright Dairy & Food Co's adjusted free cash flow per share for the three months ended in Mar. 2026 was ¥-0.152. 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 ¥0.17 for the trailing ten years ended in Mar. 2026.

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 Bright Dairy & Food Co was 78.30% per year. The lowest was -85.00% per year. And the median was 8.50% per year.

As of today (2026-08-14), Bright Dairy & Food Co's current stock price is ¥6.67. Bright Dairy & Food Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ¥0.17. Bright Dairy & Food Co's Cyclically Adjusted Price-to-FCF of today is 39.24.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Bright Dairy & Food Co was 1496.00. The lowest was 36.24. And the median was 70.55.


Bright Dairy & Food Co  (SHSE:600597) 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.

Bright Dairy & Food Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=6.67/0.17
=39.24

* 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 Bright Dairy & Food Co was 1496.00. The lowest was 36.24. And the median was 70.55.


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.


Bright Dairy & Food Co Cyclically Adjusted FCF per Share Related Terms


Bright Dairy & Food Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Bright Dairy & Food 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.

Bright Dairy & Food Co Cyclically Adjusted FCF per Share Chart

Bright Dairy & Food 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 0.03 -0.04 -0.01 0.17 0.19

Bright Dairy & Food Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.17 0.17 0.11 0.19 0.17

SHSE:600597 vs KHC, GIS: Cyclically Adjusted FCF per Share Comparison

For the Packaged Foods subindustry, Bright Dairy & Food 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.


Bright Dairy & Food Co Cyclically Adjusted Price-to-FCF vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bright Dairy & Food Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Bright Dairy & Food Co's Cyclically Adjusted Price-to-FCF falls into.


SHSE:600597
70GF Score
Bright Dairy & Food Co Ltd SHSE:600597
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bright Dairy & Food 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, Bright Dairy & Food Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.152/116.3033*116.3033
=-0.152

Current CPI (Mar. 2026) = 116.3033.

Bright Dairy & Food Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.109 101.400 0.125
201609 0.372 102.400 0.423
201612 0.577 102.600 0.654
201703 -0.492 103.200 -0.554
201706 0.245 103.100 0.276
201709 0.563 104.100 0.629
201712 -0.015 104.500 -0.017
201803 0.125 105.300 0.138
201806 -0.251 104.900 -0.278
201809 -0.033 106.600 -0.036
201812 -0.157 106.500 -0.171
201903 -0.148 107.700 -0.160
201906 -0.169 107.700 -0.183
201909 0.658 109.800 0.697
201912 -0.077 111.200 -0.081
202003 -0.993 112.300 -1.028
202006 0.905 110.400 0.953
202009 0.434 111.700 0.452
202012 0.018 111.500 0.019
202103 -0.421 112.662 -0.435
202106 -0.179 111.769 -0.186
202109 0.393 112.215 0.407
202112 -0.047 113.108 -0.048
202203 -0.270 114.335 -0.275
202206 0.009 114.558 0.009
202209 -0.109 115.339 -0.110
202212 -0.152 115.116 -0.154
202303 -0.214 115.116 -0.216
202306 0.373 114.558 0.379
202309 0.128 115.339 0.129
202312 0.107 114.781 0.108
202403 -0.456 115.227 -0.460
202406 0.325 114.781 0.329
202409 0.272 115.785 0.273
202412 0.267 114.893 0.270
202503 -0.254 115.116 -0.257
202506 0.396 114.907 0.401
202509 0.228 115.471 0.230
202512 -0.392 115.832 -0.394
202603 -0.152 116.303 -0.152

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 ¥0.17 mean?
Bright Dairy & Food Co (SHSE:600597) has a Cyclically Adjusted FCF per Share of ¥0.17 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Bright Dairy & Food Co and its competitors.
Is Bright Dairy & Food Co's Cyclically Adjusted FCF per Share too high?
Bright Dairy & Food Co's current Cyclically Adjusted FCF per Share is ¥0.17. Overall, Bright Dairy & Food Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bright Dairy & Food Co's Cyclically Adjusted FCF per Share compare to KHC and GIS?
Bright Dairy & Food Co's Cyclically Adjusted FCF per Share of ¥0.17 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Cyclically Adjusted FCF per Share depends on the Consumer Packaged Goods 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 Bright Dairy & Food Co and its competitors. Bright Dairy & Food Co's current Cyclically Adjusted FCF per Share is ¥0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Dairy & Food Co stock overvalued right now?
Based on GuruFocus' analysis, Bright Dairy & Food Co (SHSE:600597) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥8.72, compared to a current price of ¥6.67 — trading 23.5% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ¥0.17. Bright Dairy & Food Co's overall GF Score™ is 70/100 with 5 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 Bright Dairy & Food Co (SHSE:600597), the current Cyclically Adjusted FCF per Share is ¥0.17 as of Mar. 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 Bright Dairy & Food Co (SHSE:600597) Overvalued in 2026?

Based on GuruFocus' analysis, Bright Dairy & Food Co stock appears to be undervalued. The current stock price of ¥6.67 is trading 23.5% below its estimated GF Value™ of ¥8.72. GuruFocus considers Bright Dairy & Food Co to be Modestly Undervalued.

Key valuation signals for SHSE:600597:

  • Cyclically Adjusted FCF per Share: ¥0.17
  • GF Value™: ¥8.72 vs. price of ¥6.67 (23.5% below fair value)
  • GF Score™: 70/100 with 5 warning signs

No single metric tells the full story. See the SHSE:600597 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bright Dairy & Food Co Business Description

Address No. 578 Wuzhong Road, Shanghai, Shanghai, CHN, 201103
Bright Dairy & Food Co Ltd engages in the development, production, and sale of animal husbandry and dairy products in China. It offers fresh milk, fresh yogurt, lactic acid bacteria drinks, room temperature milk, room temperature yogurt, cheese, butter, and other products, as well as pregnant women, adult, and baby milk powder. It also provides sour milk, flavored milk, and children's products, as well as cream, infant formula milk powder, and flavored fermented milk.
70GF Score

Get the complete analysis for SHSE:600597

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

¥6.67
Price
¥8.72
GF Value