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Luyin Investment Group Co (SHSE:600784) Cyclically Adjusted FCF per Share : ¥0.21 (As of Mar. 2024)


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What is Luyin Investment Group 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.

Luyin Investment Group Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.061. 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 ¥0.21 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Luyin Investment Group Co's average Cyclically Adjusted FCF Growth Rate was 110.00% 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 Luyin Investment Group Co was 35.90% per year. The lowest was -85.70% per year. And the median was 2.50% per year.

As of today (2024-06-21), Luyin Investment Group Co's current stock price is ¥4.64. Luyin Investment Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.21. Luyin Investment Group Co's Cyclically Adjusted Price-to-FCF of today is 22.10.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Luyin Investment Group Co was 341.50. The lowest was 22.24. And the median was 52.62.


Luyin Investment Group Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Luyin Investment Group 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.

Luyin Investment Group Co Cyclically Adjusted FCF per Share Chart

Luyin Investment Group 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 -0.25 -0.16 -0.05 0.02 0.20

Luyin Investment Group 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 0.10 0.13 0.19 0.20 0.21

Competitive Comparison of Luyin Investment Group Co's Cyclically Adjusted FCF per Share

For the Steel subindustry, Luyin Investment Group 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.


Luyin Investment Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Luyin Investment Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Luyin Investment Group Co's Cyclically Adjusted Price-to-FCF falls into.



Luyin Investment Group 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, Luyin Investment Group 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)
=-0.061/115.2271*115.2271
=-0.061

Current CPI (Mar. 2024) = 115.2271.

Luyin Investment Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.253 98.200 0.297
201409 0.094 98.900 0.110
201412 -0.362 99.000 -0.421
201503 -0.003 99.900 -0.003
201506 0.072 99.500 0.083
201509 -0.064 100.500 -0.073
201512 0.082 100.600 0.094
201603 0.106 102.200 0.120
201606 0.432 101.400 0.491
201609 0.622 102.400 0.700
201612 -0.434 102.600 -0.487
201703 0.050 103.200 0.056
201706 -0.151 103.100 -0.169
201709 -0.071 104.100 -0.079
201712 0.283 104.500 0.312
201803 0.771 105.300 0.844
201806 -0.067 104.900 -0.074
201809 0.222 106.600 0.240
201812 -0.009 106.500 -0.010
201903 -0.161 107.700 -0.172
201906 -0.092 107.700 -0.098
201909 0.076 109.800 0.080
201912 0.001 111.200 0.001
202003 -0.018 112.300 -0.018
202006 0.165 110.400 0.172
202009 0.084 111.700 0.087
202012 -0.037 111.500 -0.038
202103 0.006 112.662 0.006
202106 0.058 111.769 0.060
202109 0.047 112.215 0.048
202112 0.285 113.108 0.290
202203 0.028 114.335 0.028
202206 -0.161 114.558 -0.162
202209 -0.309 115.339 -0.309
202212 -0.286 115.116 -0.286
202303 -0.061 115.116 -0.061
202306 0.051 114.558 0.051
202309 0.131 115.339 0.131
202312 0.370 114.781 0.371
202403 -0.061 115.227 -0.061

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


Luyin Investment Group Co  (SHSE:600784) 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.

Luyin Investment Group Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4.64/0.21
=22.10

* 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 Luyin Investment Group Co was 341.50. The lowest was 22.24. And the median was 52.62.


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.


Luyin Investment Group Co Cyclically Adjusted FCF per Share Related Terms

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


Luyin Investment Group Co (SHSE:600784) Business Description

Traded in Other Exchanges
N/A
Address
No. 20518, Jingshi Road, Shandong Province, Jinan, CHN, 250002
Luyin Investment Group Co Ltd is engaged in Powder metallurgy and products, Real estate, Trade, and others. The main products of the company's powder metallurgy and products business are powder metallurgy materials, automotive structural parts, and powder metallurgy parts. It is applied to products such as automobiles and home appliances, and others. The main products of the real estate business are commercial and residential real estate development, and the trading business relies on the purchase and sale of iron ore, billet, building materials, and other products.
Executives
Li Chun Lin Director
Sun Dian Min Director
Liu Shi He Director
Li Wei Director
Fu Shen senior management

Luyin Investment Group Co (SHSE:600784) Headlines

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