Guangdong Ellington Electronics Technology Co (SHSE:603328) Cyclically Adjusted FCF per Share: ¥0.33 (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:603328 Guangdong Ellington Electronics Technology Co Ltd SHSE:603328
82 GF Score
Price ¥10.79
GF Value ¥10.86
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Guangdong Ellington Electronics Technology Co Cyclically Adjusted FCF per Share?

Guangdong Ellington Electronics Technology Co SHSE:603328 +0.28% 82 Cyclically Adjusted FCF per Share is ¥0.33 as of Mar. 2026. GuruFocus rates SHSE:603328 with a GF Score™ of 82/100 and a GF Value™ of ¥10.86 (Fairly Valued). 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.

Guangdong Ellington Electronics Technology Co's adjusted free cash flow per share for the three months ended in Mar. 2026 was ¥0.013. 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 ¥0.33 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Guangdong Ellington Electronics Technology Co's average Cyclically Adjusted FCF Growth Rate was -5.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -6.80% 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 Guangdong Ellington Electronics Technology Co was -5.90% per year. The lowest was -6.80% per year. And the median was -6.35% per year.

As of today (2026-08-14), Guangdong Ellington Electronics Technology Co's current stock price is ¥10.79. Guangdong Ellington Electronics Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ¥0.33. Guangdong Ellington Electronics Technology Co's Cyclically Adjusted Price-to-FCF of today is 32.70.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Guangdong Ellington Electronics Technology Co was 45.88. The lowest was 13.05. And the median was 19.22.


Guangdong Ellington Electronics Technology Co  (SHSE:603328) 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.

Guangdong Ellington Electronics Technology Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=10.79/0.33
=32.70

* 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 Guangdong Ellington Electronics Technology Co was 45.88. The lowest was 13.05. And the median was 19.22.


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.


Guangdong Ellington Electronics Technology Co Cyclically Adjusted FCF per Share Related Terms


Guangdong Ellington Electronics Technology Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Guangdong Ellington Electronics Technology 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.

Guangdong Ellington Electronics Technology Co Cyclically Adjusted FCF per Share Chart

Guangdong Ellington Electronics Technology 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 0.42 0.42 0.37 0.35 0.34

Guangdong Ellington Electronics Technology 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 0.35 0.37 0.37 0.34 0.33

SHSE:603328 vs APH, GLW, TEL: Cyclically Adjusted FCF per Share Comparison

For the Electronic Components subindustry, Guangdong Ellington Electronics Technology 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.


Guangdong Ellington Electronics Technology Co Cyclically Adjusted Price-to-FCF vs Hardware Industry

For the Hardware industry and Technology sector, Guangdong Ellington Electronics Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Guangdong Ellington Electronics Technology Co's Cyclically Adjusted Price-to-FCF falls into.


SHSE:603328
82GF Score
Guangdong Ellington Electronics Technology Co Ltd SHSE:603328
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Guangdong Ellington Electronics Technology 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, Guangdong Ellington Electronics Technology 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)
=0.013/116.3033*116.3033
=0.013

Current CPI (Mar. 2026) = 116.3033.

Guangdong Ellington Electronics Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.059 101.400 0.068
201609 0.195 102.400 0.221
201612 0.123 102.600 0.139
201703 0.167 103.200 0.188
201706 0.040 103.100 0.045
201709 0.118 104.100 0.132
201712 0.145 104.500 0.161
201803 0.153 105.300 0.169
201806 0.034 104.900 0.038
201809 0.206 106.600 0.225
201812 0.124 106.500 0.135
201903 0.134 107.700 0.145
201906 0.188 107.700 0.203
201909 0.109 109.800 0.115
201912 0.151 111.200 0.158
202003 0.174 112.300 0.180
202006 -0.007 110.400 -0.007
202009 0.071 111.700 0.074
202012 0.066 111.500 0.069
202103 0.063 112.662 0.065
202106 -0.195 111.769 -0.203
202109 -0.039 112.215 -0.040
202112 -0.056 113.108 -0.058
202203 0.125 114.335 0.127
202206 0.022 114.558 0.022
202209 0.081 115.339 0.082
202212 0.097 115.116 0.098
202303 0.090 115.116 0.091
202306 0.112 114.558 0.114
202309 0.120 115.339 0.121
202312 0.020 114.781 0.020
202403 0.083 115.227 0.084
202406 0.149 114.781 0.151
202409 -0.084 115.785 -0.084
202412 -0.079 114.893 -0.080
202503 0.086 115.116 0.087
202506 0.205 114.907 0.207
202509 0.117 115.471 0.118
202512 -0.068 115.832 -0.068
202603 0.013 116.303 0.013

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 ¥0.33 mean?
Guangdong Ellington Electronics Technology Co (SHSE:603328) has a Cyclically Adjusted FCF per Share of ¥0.33 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 Guangdong Ellington Electronics Technology Co and its competitors.
Is Guangdong Ellington Electronics Technology Co's Cyclically Adjusted FCF per Share too high?
Guangdong Ellington Electronics Technology Co's current Cyclically Adjusted FCF per Share is ¥0.33. Overall, Guangdong Ellington Electronics Technology Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Guangdong Ellington Electronics Technology Co's Cyclically Adjusted FCF per Share compare to APH and GLW?
Guangdong Ellington Electronics Technology Co's Cyclically Adjusted FCF per Share of ¥0.33 can be compared against companies in the Hardware 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 Hardware company?
A good Cyclically Adjusted FCF per Share depends on the Hardware 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 Guangdong Ellington Electronics Technology Co and its competitors. Guangdong Ellington Electronics Technology Co's current Cyclically Adjusted FCF per Share is ¥0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guangdong Ellington Electronics Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Guangdong Ellington Electronics Technology Co (SHSE:603328) is currently considered Fairly Valued. The stock's GF Value™ is ¥10.86, compared to a current price of ¥10.79 — trading 0.6% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ¥0.33. Guangdong Ellington Electronics Technology Co's overall GF Score™ is 82/100 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 Guangdong Ellington Electronics Technology Co (SHSE:603328), the current Cyclically Adjusted FCF per Share is ¥0.33 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 Guangdong Ellington Electronics Technology Co (SHSE:603328) Overvalued in 2026?

Based on GuruFocus' analysis, Guangdong Ellington Electronics Technology Co stock appears to be undervalued. The current stock price of ¥10.79 is trading 0.6% below its estimated GF Value™ of ¥10.86. GuruFocus considers Guangdong Ellington Electronics Technology Co to be Fairly Valued.

Key valuation signals for SHSE:603328:

  • Cyclically Adjusted FCF per Share: ¥0.33
  • GF Value™: ¥10.86 vs. price of ¥10.79 (0.6% below fair value)
  • GF Score™: 82/100 with 2 warning signs

No single metric tells the full story. See the SHSE:603328 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Guangdong Ellington Electronics Technology Co Business Description

Address 88 Gaoping Industrial Zone, Sanjiao town, Guang dong province, Zhongshan, CHN
Guangdong Ellington Electronics Technology Co Ltd is a Chinese manufacturer and seller of printed circuit board (PCB). It offers high precision and high density double-sided and multi-layered PCBs. The products of the company are used in computers and computer peripherals, consumer electronics, communications product, industrial control, automotive electronics, medical instruction, and others. The company sells its products in China, and also exports it to the other international countries.
82GF Score

Get the complete analysis for SHSE:603328

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

¥10.79
Price
¥10.86
GF Value