Zhejiang Tenchen Controls Co (SHSE:603085) Cyclically Adjusted FCF per Share: ¥-0.30 (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:603085 Zhejiang Tenchen Controls Co Ltd SHSE:603085
61 GF Score
Price ¥10.20
GF Value ¥18.26
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Zhejiang Tenchen Controls Co Cyclically Adjusted FCF per Share?

Zhejiang Tenchen Controls Co SHSE:603085 +2.62% 61 Cyclically Adjusted FCF per Share is ¥-0.30 as of Mar. 2026. GuruFocus rates SHSE:603085 with a GF Score™ of 61/100 and a GF Value™ of ¥18.26 (Possible Value Trap). 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.

Zhejiang Tenchen Controls Co's adjusted free cash flow per share for the three months ended in Mar. 2026 was ¥-0.160. 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 ¥-0.30 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-08-06), Zhejiang Tenchen Controls Co's current stock price is ¥10.20. Zhejiang Tenchen Controls Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ¥-0.30. Zhejiang Tenchen Controls Co's Cyclically Adjusted Price-to-FCF of today is .


Zhejiang Tenchen Controls Co  (SHSE:603085) 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.


Zhejiang Tenchen Controls Co Cyclically Adjusted FCF per Share Related Terms


Zhejiang Tenchen Controls Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Zhejiang Tenchen Controls 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.

Zhejiang Tenchen Controls Co Cyclically Adjusted FCF per Share Chart

Zhejiang Tenchen Controls 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 0.00 0.00 -0.36 -0.42 -0.29

Zhejiang Tenchen Controls 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 -0.41 -0.39 -0.37 -0.29 -0.30

SHSE:603085 vs ORLY, AZO: Cyclically Adjusted FCF per Share Comparison

For the Auto Parts subindustry, Zhejiang Tenchen Controls 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.


Zhejiang Tenchen Controls Co Cyclically Adjusted Price-to-FCF vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Tenchen Controls Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Zhejiang Tenchen Controls Co's Cyclically Adjusted Price-to-FCF falls into.


SHSE:603085
61GF Score
Zhejiang Tenchen Controls Co Ltd SHSE:603085
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Tenchen Controls 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, Zhejiang Tenchen Controls 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)
=-0.16/116.3033*116.3033
=-0.160

Current CPI (Mar. 2026) = 116.3033.

Zhejiang Tenchen Controls Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -0.106 101.400 -0.122
201609 -0.063 102.400 -0.072
201612 -0.111 102.600 -0.126
201703 -0.189 103.200 -0.213
201706 -0.162 103.100 -0.183
201709 -0.190 104.100 -0.212
201712 -0.354 104.500 -0.394
201803 -0.426 105.300 -0.471
201806 -0.269 104.900 -0.298
201809 0.010 106.600 0.011
201812 -0.222 106.500 -0.242
201903 -0.093 107.700 -0.100
201906 -0.109 107.700 -0.118
201909 -0.083 109.800 -0.088
201912 -0.101 111.200 -0.106
202003 -0.243 112.300 -0.252
202006 -0.268 110.400 -0.282
202009 -0.414 111.700 -0.431
202012 0.701 111.500 0.731
202103 -0.059 112.662 -0.061
202106 -0.178 111.769 -0.185
202109 -0.050 112.215 -0.052
202112 0.096 113.108 0.099
202203 0.050 114.335 0.051
202206 -0.089 114.558 -0.090
202209 -0.041 115.339 -0.041
202212 -0.011 115.116 -0.011
202303 -0.294 115.116 -0.297
202306 -0.162 114.558 -0.164
202309 -0.013 115.339 -0.013
202312 0.030 114.781 0.030
202403 -0.062 115.227 -0.063
202406 -0.241 114.781 -0.244
202409 0.129 115.785 0.130
202412 -0.205 114.893 -0.208
202503 0.087 115.116 0.088
202506 0.192 114.907 0.194
202509 0.143 115.471 0.144
202512 0.821 115.832 0.824
202603 -0.160 116.303 -0.160

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 ¥-0.30 mean?
Zhejiang Tenchen Controls Co (SHSE:603085) has a Cyclically Adjusted FCF per Share of ¥-0.30 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 Zhejiang Tenchen Controls Co and its competitors.
Is Zhejiang Tenchen Controls Co's Cyclically Adjusted FCF per Share too high?
Zhejiang Tenchen Controls Co's current Cyclically Adjusted FCF per Share is ¥-0.30. Overall, Zhejiang Tenchen Controls Co has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Tenchen Controls Co's Cyclically Adjusted FCF per Share compare to ORLY and AZO?
Zhejiang Tenchen Controls Co's Cyclically Adjusted FCF per Share of ¥-0.30 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Cyclically Adjusted FCF per Share depends on the Vehicles & Parts 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 Zhejiang Tenchen Controls Co and its competitors. Zhejiang Tenchen Controls Co's current Cyclically Adjusted FCF per Share is ¥-0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Tenchen Controls Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Tenchen Controls Co (SHSE:603085) is currently considered Possible Value Trap. The stock's GF Value™ is ¥18.26, compared to a current price of ¥10.20 — trading 44.1% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ¥-0.30. Zhejiang Tenchen Controls Co's overall GF Score™ is 61/100 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 Zhejiang Tenchen Controls Co (SHSE:603085), the current Cyclically Adjusted FCF per Share is ¥-0.30 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 Zhejiang Tenchen Controls Co (SHSE:603085) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Tenchen Controls Co stock appears to be undervalued. The current stock price of ¥10.20 is trading 44.1% below its estimated GF Value™ of ¥18.26. GuruFocus considers Zhejiang Tenchen Controls Co to be Possible Value Trap.

Key valuation signals for SHSE:603085:

  • Cyclically Adjusted FCF per Share: ¥-0.30
  • GF Value™: ¥18.26 vs. price of ¥10.20 (44.1% below fair value)
  • GF Score™: 61/100 with 2 warning signs

No single metric tells the full story. See the SHSE:603085 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Tenchen Controls Co Business Description

Address West Industrial Zone, Tiantai County, Zhejiang Province, Taizhou, CHN, 317200
Zhejiang Tenchen Controls Co Ltd is engaged in the development, production, sales, and service of vehicle seats. The company's products include engineering machinery seats, commercial vehicle seats, agricultural machinery seats, and passenger car seats.
61GF Score

Get the complete analysis for SHSE:603085

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

¥10.20
Price
¥18.26
GF Value