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Along Tibet Co (SHSE:600773) Cyclically Adjusted FCF per Share : ¥0.43 (As of Mar. 2024)


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What is Along Tibet 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.

Along Tibet Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.477. 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 ¥0.43 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Along Tibet Co's average Cyclically Adjusted FCF Growth Rate was -42.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 12.80% 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 Along Tibet Co was 29.70% per year. The lowest was -75.50% per year. And the median was 9.40% per year.

As of today (2024-06-20), Along Tibet Co's current stock price is ¥10.80. Along Tibet Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.43. Along Tibet Co's Cyclically Adjusted Price-to-FCF of today is 25.12.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Along Tibet Co was 90.58. The lowest was 13.02. And the median was 28.39.


Along Tibet Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Along Tibet 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.

Along Tibet Co Cyclically Adjusted FCF per Share Chart

Along Tibet 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 -0.32 0.39 0.37 0.59 0.56

Along Tibet 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 0.82 0.56 0.43

Competitive Comparison of Along Tibet Co's Cyclically Adjusted FCF per Share

For the Real Estate - Development subindustry, Along Tibet 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.


Along Tibet Co's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Along Tibet Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Along Tibet 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, Along Tibet 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)
=-0.477/115.2271*115.2271
=-0.477

Current CPI (Mar. 2024) = 115.2271.

Along Tibet Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.845 98.200 0.992
201409 0.984 98.900 1.146
201412 0.933 99.000 1.086
201503 0.555 99.900 0.640
201506 -0.025 99.500 -0.029
201509 0.007 100.500 0.008
201512 1.375 100.600 1.575
201603 -0.223 102.200 -0.251
201606 -0.218 101.400 -0.248
201609 0.006 102.400 0.007
201612 0.307 102.600 0.345
201703 -0.173 103.200 -0.193
201706 0.731 103.100 0.817
201709 -0.154 104.100 -0.170
201712 -0.178 104.500 -0.196
201803 -0.475 105.300 -0.520
201806 -0.136 104.900 -0.149
201809 -0.265 106.600 -0.286
201812 -0.676 106.500 -0.731
201903 -0.577 107.700 -0.617
201906 0.231 107.700 0.247
201909 -0.022 109.800 -0.023
201912 0.546 111.200 0.566
202003 -0.574 112.300 -0.589
202006 0.519 110.400 0.542
202009 0.517 111.700 0.533
202012 0.230 111.500 0.238
202103 -0.417 112.662 -0.426
202106 0.206 111.769 0.212
202109 -0.019 112.215 -0.020
202112 -0.112 113.108 -0.114
202203 0.702 114.335 0.707
202206 -0.097 114.558 -0.098
202209 -0.064 115.339 -0.064
202212 0.538 115.116 0.539
202303 -0.781 115.116 -0.782
202306 -0.063 114.558 -0.063
202309 -0.069 115.339 -0.069
202312 0.254 114.781 0.255
202403 -0.477 115.227 -0.477

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


Along Tibet Co  (SHSE:600773) 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.

Along Tibet Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=10.80/0.43
=25.12

* 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 Along Tibet Co was 90.58. The lowest was 13.02. And the median was 28.39.


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.


Along Tibet Co Cyclically Adjusted FCF per Share Related Terms

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


Along Tibet Co (SHSE:600773) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 56 Jinzhu West Road, Department of Commerce of Tibet, 10F, Lasa, Tibet, CHN, 850000
Website
Along Tibet Co Ltd is a real estate developer. The Company is engaged in urban transformation, and residential properties.
Executives
Zhang Ze Yun senior management
Ceng Yuan Chun senior management
Wu Su Fen Supervisors
Tao Ying senior management
Wang De Yin senior management
Wu Jing Dong senior management
Liu Hui Quan Supervisors

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