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Sinoma International Engineering Co (SHSE:600970) Cyclically Adjusted FCF per Share : ¥0.39 (As of Mar. 2024)


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What is Sinoma International Engineering 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.

Sinoma International Engineering Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.540. 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 ¥0.39 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sinoma International Engineering Co's average Cyclically Adjusted FCF Growth Rate was 129.40% 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 Sinoma International Engineering Co was 12.30% per year. The lowest was -5.40% per year. And the median was 3.45% per year.

As of today (2024-05-22), Sinoma International Engineering Co's current stock price is ¥12.75. Sinoma International Engineering Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.39. Sinoma International Engineering Co's Cyclically Adjusted Price-to-FCF of today is 32.69.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Sinoma International Engineering Co was 195.29. The lowest was 8.57. And the median was 16.71.


Sinoma International Engineering Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sinoma International Engineering 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.

Sinoma International Engineering Co Cyclically Adjusted FCF per Share Chart

Sinoma International Engineering 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 -0.05 -0.06 0.27 0.20 0.35

Sinoma International Engineering 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 0.17 0.09 0.21 0.35 0.39

Competitive Comparison of Sinoma International Engineering Co's Cyclically Adjusted FCF per Share

For the Engineering & Construction subindustry, Sinoma International Engineering 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.


Sinoma International Engineering Co's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

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

* The bar in red indicates where Sinoma International Engineering Co's Cyclically Adjusted Price-to-FCF falls into.



Sinoma International Engineering 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, Sinoma International Engineering 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)
=-0.54/115.2271*115.2271
=-0.540

Current CPI (Mar. 2024) = 115.2271.

Sinoma International Engineering Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.823 98.200 0.966
201409 0.303 98.900 0.353
201412 0.542 99.000 0.631
201503 -0.492 99.900 -0.567
201506 0.326 99.500 0.378
201509 0.537 100.500 0.616
201512 0.614 100.600 0.703
201603 0.226 102.200 0.255
201606 0.147 101.400 0.167
201609 0.389 102.400 0.438
201612 0.462 102.600 0.519
201703 0.059 103.200 0.066
201706 0.215 103.100 0.240
201709 -0.319 104.100 -0.353
201712 -1.220 104.500 -1.345
201803 -0.623 105.300 -0.682
201806 -0.027 104.900 -0.030
201809 -0.677 106.600 -0.732
201812 0.240 106.500 0.260
201903 -0.787 107.700 -0.842
201906 0.467 107.700 0.500
201909 0.048 109.800 0.050
201912 0.313 111.200 0.324
202003 -0.764 112.300 -0.784
202006 0.435 110.400 0.454
202009 0.087 111.700 0.090
202012 0.961 111.500 0.993
202103 -0.717 112.662 -0.733
202106 0.399 111.769 0.411
202109 -0.085 112.215 -0.087
202112 1.234 113.108 1.257
202203 -0.885 114.335 -0.892
202206 0.583 114.558 0.586
202209 -0.353 115.339 -0.353
202212 0.568 115.116 0.569
202303 -0.807 115.116 -0.808
202306 0.287 114.558 0.289
202309 0.293 115.339 0.293
202312 1.247 114.781 1.252
202403 -0.540 115.227 -0.540

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


Sinoma International Engineering Co  (SHSE:600970) 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.

Sinoma International Engineering Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=12.75/0.39
=32.69

* 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 Sinoma International Engineering Co was 195.29. The lowest was 8.57. And the median was 16.71.


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.


Sinoma International Engineering Co Cyclically Adjusted FCF per Share Related Terms

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


Sinoma International Engineering Co (SHSE:600970) Business Description

Traded in Other Exchanges
N/A
Address
No. 16 Wangjing North Road, Chaoyang District, Beijing, CHN, 100102
Sinoma International Engineering Co Ltd is a supplier of complete industry chain for cement engineering, offers full-line general contracting service, from engineering design, technology and equipment research & development, equipment manufacture and supply, civil construction, equipment installation and plant commissioning to operation & maintenance. The company's main business covers cement technology & equipment and engineering, integrating premium resources of technology, talent, management, and platform.

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