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Shanghai Material Trading Co (SHSE:600822) Cyclically Adjusted FCF per Share : ¥0.06 (As of Mar. 2025)


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What is Shanghai Material Trading 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.

Shanghai Material Trading Co's adjusted free cash flow per share for the three months ended in Mar. 2025 was ¥-0.124. 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 ¥0.06 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Shanghai Material Trading Co's average Cyclically Adjusted FCF Growth Rate was -73.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -7.20% 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 Shanghai Material Trading Co was 22.70% per year. The lowest was -47.90% per year. And the median was 3.10% per year.

As of today (2025-05-19), Shanghai Material Trading Co's current stock price is ¥10.87. Shanghai Material Trading Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was ¥0.06. Shanghai Material Trading Co's Cyclically Adjusted Price-to-FCF of today is 181.17.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Shanghai Material Trading Co was 1233.00. The lowest was 12.70. And the median was 77.71.


Shanghai Material Trading Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Shanghai Material Trading 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.

Shanghai Material Trading Co Cyclically Adjusted FCF per Share Chart

Shanghai Material Trading Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.24 0.10 0.40 0.12 0.08

Shanghai Material Trading Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.23 0.08 0.01 0.08 0.06

Competitive Comparison of Shanghai Material Trading Co's Cyclically Adjusted FCF per Share

For the Conglomerates subindustry, Shanghai Material Trading 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.


Shanghai Material Trading Co's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Shanghai Material Trading Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shanghai Material Trading Co's Cyclically Adjusted Price-to-FCF falls into.


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Shanghai Material Trading 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, Shanghai Material Trading Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.124/115.1156*115.1156
=-0.124

Current CPI (Mar. 2025) = 115.1156.

Shanghai Material Trading Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.125 99.500 0.145
201509 0.215 100.500 0.246
201512 0.036 100.600 0.041
201603 -0.451 102.200 -0.508
201606 -0.259 101.400 -0.294
201609 0.016 102.400 0.018
201612 0.233 102.600 0.261
201703 -0.717 103.200 -0.800
201706 0.584 103.100 0.652
201709 0.055 104.100 0.061
201712 0.237 104.500 0.261
201803 0.117 105.300 0.128
201806 -0.215 104.900 -0.236
201809 0.017 106.600 0.018
201812 -0.349 106.500 -0.377
201903 0.054 107.700 0.058
201906 0.764 107.700 0.817
201909 -0.105 109.800 -0.110
201912 -0.310 111.200 -0.321
202003 -0.462 112.300 -0.474
202006 0.073 110.400 0.076
202009 0.148 111.700 0.153
202012 0.629 111.500 0.649
202103 -0.558 112.662 -0.570
202106 0.231 111.769 0.238
202109 0.073 112.215 0.075
202112 0.131 113.108 0.133
202203 -0.158 114.335 -0.159
202206 -0.198 114.558 -0.199
202209 0.761 115.339 0.760
202212 -0.909 115.116 -0.909
202303 0.675 115.116 0.675
202306 -0.543 114.558 -0.546
202309 0.692 115.339 0.691
202312 -0.267 114.781 -0.268
202403 0.495 115.227 0.495
202406 -0.224 114.781 -0.225
202409 -0.273 115.785 -0.271
202412 0.385 114.893 0.386
202503 -0.124 115.116 -0.124

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


Shanghai Material Trading Co  (SHSE:600822) 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.

Shanghai Material Trading Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=10.87/0.06
=181.17

* 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 Shanghai Material Trading Co was 1233.00. The lowest was 12.70. And the median was 77.71.


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.


Shanghai Material Trading Co Cyclically Adjusted FCF per Share Related Terms

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


Shanghai Material Trading Co Business Description

Traded in Other Exchanges
Address
No. 325 South Suzhou Road, 4th Floor, Shanghai, Shanghai, CHN, 200002
Shanghai Material Trading Co Ltd is principally engaged in the trading of metal, oil products and automobiles. The company operates its businesses in domestic and overseas markets. Its scopr of business include metal materials, mineral products, light chemical raw materials, building materials, wood, automobiles and accessories, mechanical and electrical equipment, fuel, hardware and electricity, textile Import and export trade business; warehousing, information consulting and technical services.

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