CRRC (SHSE:601766) Cyclically Adjusted FCF per Share: ¥0.34 (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:601766 CRRC Corp Ltd SHSE:601766
72 GF Score
Price ¥5.83
GF Value ¥7.08
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is CRRC Cyclically Adjusted FCF per Share?

CRRC SHSE:601766 -1.19% 72 Cyclically Adjusted FCF per Share is ¥0.34 as of Mar. 2026. GuruFocus rates SHSE:601766 with a GF Score™ of 72/100 and a GF Value™ of ¥7.08 (Modestly Undervalued). The stock has 3 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.

CRRC's adjusted free cash flow per share for the three months ended in Mar. 2026 was ¥-0.375. 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 ¥0.34 for the trailing ten years ended in Mar. 2026.

During the past 12 months, CRRC's average Cyclically Adjusted FCF Growth Rate was 3.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 3.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 9.70% 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 CRRC was 44.20% per year. The lowest was 3.00% per year. And the median was 15.35% per year.

As of today (2026-08-13), CRRC's current stock price is ¥5.83. CRRC's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ¥0.34. CRRC's Cyclically Adjusted Price-to-FCF of today is 17.15.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of CRRC was 181.14. The lowest was 13.03. And the median was 22.12.


CRRC  (SHSE:601766) 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.

CRRC's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5.83/0.34
=17.15

* 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 CRRC was 181.14. The lowest was 13.03. And the median was 22.12.


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.


CRRC Cyclically Adjusted FCF per Share Related Terms


CRRC Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for CRRC'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.

CRRC Cyclically Adjusted FCF per Share Chart

CRRC 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 0.26 0.32 0.34 0.32 0.35

CRRC 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 0.33 0.34 0.33 0.35 0.34

SHSE:601766 vs UNP, CSX, NSC: Cyclically Adjusted FCF per Share Comparison

For the Railroads subindustry, CRRC'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.


CRRC Cyclically Adjusted Price-to-FCF vs Transportation Industry

For the Transportation industry and Industrials sector, CRRC's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


SHSE:601766
72GF Score
CRRC Corp Ltd SHSE:601766
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CRRC 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, CRRC'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)
=-0.375/116.3033*116.3033
=-0.375

Current CPI (Mar. 2026) = 116.3033.

CRRC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.239 101.400 -0.274
201609 0.368 102.400 0.418
201612 0.436 102.600 0.494
201703 -0.600 103.200 -0.676
201706 -0.126 103.100 -0.142
201709 0.222 104.100 0.248
201712 0.714 104.500 0.795
201803 -0.349 105.300 -0.385
201806 -0.111 104.900 -0.123
201809 0.289 106.600 0.315
201812 0.534 106.500 0.583
201903 -0.194 107.700 -0.209
201906 -0.344 107.700 -0.371
201909 0.234 109.800 0.248
201912 0.769 111.200 0.804
202003 -0.275 112.300 -0.285
202006 -0.256 110.400 -0.270
202009 -0.099 111.700 -0.103
202012 0.341 111.500 0.356
202103 -0.524 112.662 -0.541
202106 0.003 111.769 0.003
202109 0.309 112.215 0.320
202112 0.670 113.108 0.689
202203 -0.452 114.335 -0.460
202206 0.172 114.558 0.175
202209 0.366 115.339 0.369
202212 0.355 115.116 0.359
202303 -0.271 115.116 -0.274
202306 -0.330 114.558 -0.335
202309 0.300 115.339 0.303
202312 0.560 114.781 0.567
202403 0.539 115.227 0.544
202406 -0.497 114.781 -0.504
202409 0.133 115.785 0.134
202412 0.513 114.893 0.519
202503 -0.225 115.116 -0.227
202506 -0.208 114.907 -0.211
202509 -0.166 115.471 -0.167
202512 1.091 115.832 1.095
202603 -0.375 116.303 -0.375

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 ¥0.34 mean?
CRRC (SHSE:601766) has a Cyclically Adjusted FCF per Share of ¥0.34 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 CRRC and its competitors.
Is CRRC's Cyclically Adjusted FCF per Share too high?
CRRC's current Cyclically Adjusted FCF per Share is ¥0.34. Overall, CRRC has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CRRC's Cyclically Adjusted FCF per Share compare to UNP and CSX?
CRRC's Cyclically Adjusted FCF per Share of ¥0.34 can be compared against companies in the Transportation 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 Transportation company?
A good Cyclically Adjusted FCF per Share depends on the Transportation 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 CRRC and its competitors. CRRC's current Cyclically Adjusted FCF per Share is ¥0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CRRC stock overvalued right now?
Based on GuruFocus' analysis, CRRC (SHSE:601766) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥7.08, compared to a current price of ¥5.83 — trading 17.7% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ¥0.34. CRRC's overall GF Score™ is 72/100 with 3 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 CRRC (SHSE:601766), the current Cyclically Adjusted FCF per Share is ¥0.34 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 CRRC (SHSE:601766) Overvalued in 2026?

Based on GuruFocus' analysis, CRRC stock appears to be undervalued. The current stock price of ¥5.83 is trading 17.7% below its estimated GF Value™ of ¥7.08. GuruFocus considers CRRC to be Modestly Undervalued.

Key valuation signals for SHSE:601766:

  • Cyclically Adjusted FCF per Share: ¥0.34
  • GF Value™: ¥7.08 vs. price of ¥5.83 (17.7% below fair value)
  • GF Score™: 72/100 with 3 warning signs

No single metric tells the full story. See the SHSE:601766 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CRRC Business Description

Other Exchanges 01766:Hong Kong
Address No. 16-5, Central West Fourth Ring Road, Haidian District, Beijing, CHN, 100036
CRRC Corp Ltd is engaged in research and development, design, manufacturing, refurbishment, sales, leasing and technical services of railway locomotives, MUs, urban rail transit vehicles, engineering machinery, various electromechanical equipment, electronic equipment and components, as well as electronic devices and environmental protection equipment; information consultation; industry investment and management; asset management; import and export business. Its business operations are spread across Mainland China which derives the highest revenue, and a few other countries.
72GF Score

Get the complete analysis for SHSE:601766

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

¥5.83
Price
¥7.08
GF Value