FESCO Group Co (SHSE:600861) Cyclically Adjusted FCF per Share: ¥0.60 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600861 FESCO Group Co Ltd SHSE:600861
64 GF Score
Price ¥13.08
GF Value ¥19.76
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is FESCO Group Co Cyclically Adjusted FCF per Share?

FESCO Group Co SHSE:600861 -0.68% 64 Cyclically Adjusted FCF per Share is ¥0.60 as of Mar. 2026. GuruFocus rates SHSE:600861 with a GF Score™ of 64/100 and a GF Value™ of ¥19.76 (Significantly Undervalued). The stock has 2 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.

FESCO Group Co's adjusted free cash flow per share for the three months ended in Mar. 2026 was ¥-0.151. 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 ¥0.60 for the trailing ten years ended in Mar. 2026.

During the past 12 months, FESCO Group Co's average Cyclically Adjusted FCF Growth Rate was 62.20% 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 FESCO Group Co was 37.60% per year. The lowest was -138.10% per year. And the median was 1.30% per year.

As of today (2026-08-11), FESCO Group Co's current stock price is ¥13.08. FESCO Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ¥0.60. FESCO Group Co's Cyclically Adjusted Price-to-FCF of today is 21.80.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of FESCO Group Co was 1737.00. The lowest was 20.27. And the median was 57.84.


FESCO Group Co  (SHSE:600861) 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.

FESCO 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
=13.08/0.60
=21.80

* 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 FESCO Group Co was 1737.00. The lowest was 20.27. And the median was 57.84.


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.


FESCO Group Co Cyclically Adjusted FCF per Share Related Terms


FESCO Group Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for FESCO 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.

FESCO Group Co Cyclically Adjusted FCF per Share Chart

FESCO Group 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 -0.13 -0.09 0.14 0.27 0.60

FESCO Group 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 0.37 0.42 0.48 0.60 0.60

SHSE:600861 vs KFY, RHI, TNET: Cyclically Adjusted FCF per Share Comparison

For the Staffing & Employment Services subindustry, FESCO 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.


FESCO Group Co Cyclically Adjusted Price-to-FCF vs Business Services Industry

For the Business Services industry and Industrials sector, FESCO Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


SHSE:600861
64GF Score
FESCO Group Co Ltd SHSE:600861
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FESCO 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, FESCO Group 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)
=-0.151/116.3033*116.3033
=-0.151

Current CPI (Mar. 2026) = 116.3033.

FESCO Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.005 101.400 -0.006
201609 1.400 102.400 1.590
201612 1.221 102.600 1.384
201703 0.361 103.200 0.407
201706 -0.459 103.100 -0.518
201709 -0.327 104.100 -0.365
201712 -0.256 104.500 -0.285
201803 0.030 105.300 0.033
201806 -0.116 104.900 -0.129
201809 0.042 106.600 0.046
201812 -0.001 106.500 -0.001
201903 -0.060 107.700 -0.065
201906 -0.286 107.700 -0.309
201909 0.129 109.800 0.137
201912 -0.158 111.200 -0.165
202003 -0.107 112.300 -0.111
202006 -0.046 110.400 -0.048
202009 0.201 111.700 0.209
202012 0.029 111.500 0.030
202103 0.116 112.662 0.120
202106 0.039 111.769 0.041
202109 0.121 112.215 0.125
202112 -0.005 113.108 -0.005
202203 -0.022 114.335 -0.022
202206 -0.747 114.558 -0.758
202209 0.286 115.339 0.288
202212 0.481 115.116 0.486
202303 0.474 115.116 0.479
202306 0.088 114.558 0.089
202309 -0.228 115.339 -0.230
202312 0.915 114.781 0.927
202403 -1.302 115.227 -1.314
202406 0.619 114.781 0.627
202409 0.585 115.785 0.588
202412 0.580 114.893 0.587
202503 0.750 115.116 0.758
202506 0.072 114.907 0.073
202509 0.865 115.471 0.871
202512 0.552 115.832 0.554
202603 -0.151 116.303 -0.151

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 ¥0.60 mean?
FESCO Group Co (SHSE:600861) has a Cyclically Adjusted FCF per Share of ¥0.60 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 FESCO Group Co and its competitors.
Is FESCO Group Co's Cyclically Adjusted FCF per Share too high?
FESCO Group Co's current Cyclically Adjusted FCF per Share is ¥0.60. Overall, FESCO Group Co has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FESCO Group Co's Cyclically Adjusted FCF per Share compare to KFY and RHI?
FESCO Group Co's Cyclically Adjusted FCF per Share of ¥0.60 can be compared against companies in the Business Services 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 Business Services company?
A good Cyclically Adjusted FCF per Share depends on the Business Services 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 FESCO Group Co and its competitors. FESCO Group Co's current Cyclically Adjusted FCF per Share is ¥0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FESCO Group Co stock overvalued right now?
Based on GuruFocus' analysis, FESCO Group Co (SHSE:600861) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥19.76, compared to a current price of ¥13.08 — trading 33.8% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ¥0.60. FESCO Group Co's overall GF Score™ is 64/100 with 2 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 FESCO Group Co (SHSE:600861), the current Cyclically Adjusted FCF per Share is ¥0.60 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 FESCO Group Co (SHSE:600861) Overvalued in 2026?

Based on GuruFocus' analysis, FESCO Group Co stock appears to be undervalued. The current stock price of ¥13.08 is trading 33.8% below its estimated GF Value™ of ¥19.76. GuruFocus considers FESCO Group Co to be Significantly Undervalued.

Key valuation signals for SHSE:600861:

  • Cyclically Adjusted FCF per Share: ¥0.60
  • GF Value™: ¥19.76 vs. price of ¥13.08 (33.8% below fair value)
  • GF Score™: 64/100 with 2 warning signs

No single metric tells the full story. See the SHSE:600861 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FESCO Group Co Business Description

Address No. 23, Fuxing Road, Haidian District, Beijing, CHN, 100022
FESCO Group Co Ltd is engaged in the provision of human resources services, including personnel management services, compensation and welfare services, business outsourcing services, recruitment and flexible employment services and others.
64GF Score

Get the complete analysis for SHSE:600861

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

¥13.08
Price
¥19.76
GF Value