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Triumph New Energy Co (SHSE:600876) Cyclically Adjusted FCF per Share : ¥-0.98 (As of Mar. 2024)


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What is Triumph New Energy 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.

Triumph New Energy Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.292. 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 ¥-0.98 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -58.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -33.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -25.60% 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 Triumph New Energy Co was -8.10% per year. The lowest was -58.20% per year. And the median was -25.10% per year.

As of today (2024-06-10), Triumph New Energy Co's current stock price is ¥10.66. Triumph New Energy Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.98. Triumph New Energy Co's Cyclically Adjusted Price-to-FCF of today is .


Triumph New Energy Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Triumph New Energy 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.

Triumph New Energy Co Cyclically Adjusted FCF per Share Chart

Triumph New Energy 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 -0.29 -0.24 -0.49 -0.70 -0.95

Triumph New Energy 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 -0.77 -0.82 -0.81 -0.95 -0.98

Competitive Comparison of Triumph New Energy Co's Cyclically Adjusted FCF per Share

For the Building Products & Equipment subindustry, Triumph New Energy 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.


Triumph New Energy Co's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Triumph New Energy Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Triumph New Energy Co's Cyclically Adjusted Price-to-FCF falls into.



Triumph New Energy 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, Triumph New Energy 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)
=-0.292/115.2271*115.2271
=-0.292

Current CPI (Mar. 2024) = 115.2271.

Triumph New Energy Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.022 98.200 0.026
201409 -0.077 98.900 -0.090
201412 -0.084 99.000 -0.098
201503 -0.158 99.900 -0.182
201506 -0.032 99.500 -0.037
201509 -0.079 100.500 -0.091
201512 -0.041 100.600 -0.047
201603 -0.110 102.200 -0.124
201606 -0.032 101.400 -0.036
201609 -0.033 102.400 -0.037
201612 0.093 102.600 0.104
201703 -0.151 103.200 -0.169
201706 -0.352 103.100 -0.393
201709 -0.014 104.100 -0.015
201712 -0.186 104.500 -0.205
201803 -0.211 105.300 -0.231
201806 -0.138 104.900 -0.152
201809 -0.104 106.600 -0.112
201812 -0.254 106.500 -0.275
201903 -0.244 107.700 -0.261
201906 -0.145 107.700 -0.155
201909 -0.022 109.800 -0.023
201912 -0.048 111.200 -0.050
202003 -0.101 112.300 -0.104
202006 -0.071 110.400 -0.074
202009 -0.373 111.700 -0.385
202012 0.996 111.500 1.029
202103 0.097 112.662 0.099
202106 -0.626 111.769 -0.645
202109 -0.846 112.215 -0.869
202112 -1.197 113.108 -1.219
202203 -0.501 114.335 -0.505
202206 -0.317 114.558 -0.319
202209 -0.221 115.339 -0.221
202212 -1.009 115.116 -1.010
202303 -0.722 115.116 -0.723
202306 -0.615 114.558 -0.619
202309 0.193 115.339 0.193
202312 -1.457 114.781 -1.463
202403 -0.292 115.227 -0.292

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


Triumph New Energy Co  (SHSE:600876) 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.


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.


Triumph New Energy Co Cyclically Adjusted FCF per Share Related Terms

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


Triumph New Energy Co (SHSE:600876) Business Description

Traded in Other Exchanges
Address
No. 9, Tang Gong Zhong Lu, Xigong District, Henan Province, Luoyang, CHN, 471009
Triumph New Energy Co Ltd formerly Luoyang Glass Co Ltd is a float glass manufacturing company. It manufactures ultra-thin float glass in the series of 0.12mm-2.0mm in China. The ultra-thin glass substrate is used for displaying, touching, window protection and functions in the panel display devices and touch equipment. The company generates revenue from production and sales of float sheet glass, and sale of raw materials to produce float sheet glass. Its business segments are namely information display glass, new energy glass and Other functional glass.

Triumph New Energy Co (SHSE:600876) Headlines

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