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Solareast Holdings Co (SHSE:603366) Cyclically Adjusted FCF per Share : ¥0.05 (As of Mar. 2024)


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What is Solareast Holdings 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.

Solareast Holdings Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.397. 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 ¥0.05 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Solareast Holdings Co's average Cyclically Adjusted FCF Growth Rate was -28.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -29.10% 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 Solareast Holdings Co was -29.10% per year. The lowest was -29.10% per year. And the median was -29.10% per year.

As of today (2024-06-05), Solareast Holdings Co's current stock price is ¥3.87. Solareast Holdings Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.05. Solareast Holdings Co's Cyclically Adjusted Price-to-FCF of today is 77.40.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Solareast Holdings Co was 230.00. The lowest was 27.57. And the median was 53.30.


Solareast Holdings Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Solareast Holdings 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.

Solareast Holdings Co Cyclically Adjusted FCF per Share Chart

Solareast Holdings 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 - 0.14 0.13 0.03 0.05

Solareast Holdings 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 0.07 0.03 0.11 0.05 0.05

Competitive Comparison of Solareast Holdings Co's Cyclically Adjusted FCF per Share

For the Solar subindustry, Solareast Holdings 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.


Solareast Holdings Co's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Solareast Holdings Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Solareast Holdings 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, Solareast Holdings 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)
=-0.397/115.2271*115.2271
=-0.397

Current CPI (Mar. 2024) = 115.2271.

Solareast Holdings Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.190 98.200 0.223
201409 -0.347 98.900 -0.404
201412 0.290 99.000 0.338
201503 -0.360 99.900 -0.415
201506 0.360 99.500 0.417
201509 -0.238 100.500 -0.273
201512 0.469 100.600 0.537
201603 -0.364 102.200 -0.410
201606 0.319 101.400 0.362
201609 -0.253 102.400 -0.285
201612 0.259 102.600 0.291
201703 -0.442 103.200 -0.494
201706 -0.038 103.100 -0.042
201709 -0.047 104.100 -0.052
201712 0.375 104.500 0.413
201803 -0.199 105.300 -0.218
201806 -0.016 104.900 -0.018
201809 -0.182 106.600 -0.197
201812 0.103 106.500 0.111
201903 -0.194 107.700 -0.208
201906 0.154 107.700 0.165
201909 0.040 109.800 0.042
201912 0.263 111.200 0.273
202003 -0.174 112.300 -0.179
202006 0.232 110.400 0.242
202009 0.004 111.700 0.004
202012 0.366 111.500 0.378
202103 -0.250 112.662 -0.256
202106 0.122 111.769 0.126
202109 -0.225 112.215 -0.231
202112 0.365 113.108 0.372
202203 -0.272 114.335 -0.274
202206 0.021 114.558 0.021
202209 0.026 115.339 0.026
202212 0.129 115.116 0.129
202303 -0.114 115.116 -0.114
202306 0.076 114.558 0.076
202309 0.133 115.339 0.133
202312 0.281 114.781 0.282
202403 -0.397 115.227 -0.397

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


Solareast Holdings Co  (SHSE:603366) 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.

Solareast Holdings Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=3.87/0.05
=77.40

* 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 Solareast Holdings Co was 230.00. The lowest was 27.57. And the median was 53.30.


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.


Solareast Holdings Co Cyclically Adjusted FCF per Share Related Terms

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


Solareast Holdings Co (SHSE:603366) Business Description

Traded in Other Exchanges
N/A
Address
Ninghai Industrial Zone, Lianyungang, Jiangsu Province, CHN, 222243
Solareast Holdings Co Ltd, formerly Jiangsu Sunrain Solar Energy Co Ltd operates in the solar energy industry. It is specialized in research and application of solar energy. The company's products are exported to more than 100 countries and regions all over the world. It provides solutions for healthy hot water and water purification system. The product range includes heat pipe collector R1, U pipe collector, domestic series heat pump, non-pressure solar water heater, pressurized pre-heated solar water heater and solar charger.
Executives
Xu Zhong senior management
Zhang Ya Ming senior management
Jiao Qing Tai senior management
Wan Xu Chang Directors, senior managers
Zhang Chao Director
Liu Wen Ling senior management
Zhang Liang Liang Director
Sun Ming Yang Directors, senior managers
Huang Yin Chuan Director
Zhu Ya Lin senior management
Li Jun senior management
Chen Rong Hua senior management
Li Li Gan senior management
Liu Wei Director
Yang Zhi Quan Supervisors

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