GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Changchun FAWAY Automobile Components Co Ltd (SHSE:600742) » Definitions » Cyclically Adjusted FCF per Share

Changchun FAWAY Automobile Components Co (SHSE:600742) Cyclically Adjusted FCF per Share : ¥0.91 (As of Mar. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Changchun FAWAY Automobile Components 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.

Changchun FAWAY Automobile Components Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥0.006. 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 ¥0.91 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Changchun FAWAY Automobile Components Co's average Cyclically Adjusted FCF Growth Rate was 21.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 27.40% 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 Changchun FAWAY Automobile Components Co was 141.00% per year. The lowest was -4.30% per year. And the median was 2.00% per year.

As of today (2024-05-21), Changchun FAWAY Automobile Components Co's current stock price is ¥8.74. Changchun FAWAY Automobile Components Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.91. Changchun FAWAY Automobile Components Co's Cyclically Adjusted Price-to-FCF of today is 9.60.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Changchun FAWAY Automobile Components Co was 219.60. The lowest was 8.14. And the median was 13.80.


Changchun FAWAY Automobile Components Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Changchun FAWAY Automobile Components 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.

Changchun FAWAY Automobile Components Co Cyclically Adjusted FCF per Share Chart

Changchun FAWAY Automobile Components 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 0.05 0.44 0.72 0.70 0.91

Changchun FAWAY Automobile Components 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 0.75 0.75 0.78 0.91 0.91

Competitive Comparison of Changchun FAWAY Automobile Components Co's Cyclically Adjusted FCF per Share

For the Auto Parts subindustry, Changchun FAWAY Automobile Components 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.


Changchun FAWAY Automobile Components Co's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Changchun FAWAY Automobile Components Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Changchun FAWAY Automobile Components Co's Cyclically Adjusted Price-to-FCF falls into.



Changchun FAWAY Automobile Components 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, Changchun FAWAY Automobile Components 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)
=0.006/115.2271*115.2271
=0.006

Current CPI (Mar. 2024) = 115.2271.

Changchun FAWAY Automobile Components Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.013 98.200 -0.015
201409 -0.060 98.900 -0.070
201412 0.038 99.000 0.044
201503 0.072 99.900 0.083
201506 0.031 99.500 0.036
201509 -0.010 100.500 -0.011
201512 -0.005 100.600 -0.006
201603 0.076 102.200 0.086
201606 0.158 101.400 0.180
201609 0.096 102.400 0.108
201612 0.475 102.600 0.533
201703 -0.428 103.200 -0.478
201706 -0.092 103.100 -0.103
201709 -0.006 104.100 -0.007
201712 0.154 104.500 0.170
201803 0.266 105.300 0.291
201806 -0.376 104.900 -0.413
201809 -0.081 106.600 -0.088
201812 -0.049 106.500 -0.053
201903 -0.075 107.700 -0.080
201906 0.060 107.700 0.064
201909 -0.389 109.800 -0.408
201912 1.274 111.200 1.320
202003 1.458 112.300 1.496
202006 0.353 110.400 0.368
202009 0.361 111.700 0.372
202012 1.603 111.500 1.657
202103 1.496 112.662 1.530
202106 0.000 111.769 0.000
202109 1.385 112.215 1.422
202112 -0.499 113.108 -0.508
202203 0.627 114.335 0.632
202206 -1.447 114.558 -1.455
202209 0.238 115.339 0.238
202212 0.108 115.116 0.108
202303 0.530 115.116 0.531
202306 -0.023 114.558 -0.023
202309 0.056 115.339 0.056
202312 1.269 114.781 1.274
202403 0.006 115.227 0.006

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


Changchun FAWAY Automobile Components Co  (SHSE:600742) 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.

Changchun FAWAY Automobile Components Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=8.74/0.91
=9.60

* 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 Changchun FAWAY Automobile Components Co was 219.60. The lowest was 8.14. And the median was 13.80.


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.


Changchun FAWAY Automobile Components Co Cyclically Adjusted FCF per Share Related Terms

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


Changchun FAWAY Automobile Components Co (SHSE:600742) Business Description

Traded in Other Exchanges
N/A
Address
No. 1399, Dongfeng South Street, Automobile Industry Development Zone, Jilin Province, Changchun, CHN, 130011
Changchun FAWAY Automobile Components Co Ltd is a China-based company principally engaged in the manufacture and sale of automobile spare parts in China. Its business scope includes products like car seats, instrument panels, door panels, seat frames, bumpers, grilles, rearview mirrors, automotive filters, automotive lighting, automotive stamping products, wheel assemblies, automotive electronics and other automotive components.

Changchun FAWAY Automobile Components Co (SHSE:600742) Headlines

No Headlines