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Guangdong Champion Asia Electronics Co (SHSE:603386) Cyclically Adjusted FCF per Share : ¥-0.17 (As of Mar. 2024)


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What is Guangdong Champion Asia Electronics 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.

Guangdong Champion Asia Electronics Co's adjusted free cash flow per share data for the fiscal year that ended in Dec. 2023 was ¥0.146. 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 ¥-0.17 for the trailing ten years ended in Dec. 2023.

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 (2024-06-15), Guangdong Champion Asia Electronics Co's current stock price is ¥ 10.70. Guangdong Champion Asia Electronics Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec. 2023 was ¥-0.17. Guangdong Champion Asia Electronics Co's Cyclically Adjusted Price-to-FCF of today is .


Guangdong Champion Asia Electronics Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Guangdong Champion Asia Electronics 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.

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Guangdong Champion Asia Electronics Co Cyclically Adjusted FCF per Share Chart

Guangdong Champion Asia Electronics 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 - - - -0.21 -0.17

Guangdong Champion Asia Electronics 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 -

Competitive Comparison of Guangdong Champion Asia Electronics Co's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, Guangdong Champion Asia Electronics 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 Champion Asia Electronics Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Guangdong Champion Asia Electronics 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 Champion Asia Electronics Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.146/114.7809*114.7809
=0.146

Current CPI (Dec. 2023) = 114.7809.

Guangdong Champion Asia Electronics Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.000 99.000 0.000
201512 -0.113 100.600 -0.129
201612 -0.007 102.600 -0.008
201712 -0.413 104.500 -0.454
201812 -0.568 106.500 -0.612
201912 -0.308 111.200 -0.318
202012 0.001 111.500 0.001
202112 0.278 113.108 0.282
202212 -0.413 115.116 -0.412
202312 0.146 114.781 0.146

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


Guangdong Champion Asia Electronics Co  (SHSE:603386) 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.


Guangdong Champion Asia Electronics Co Cyclically Adjusted FCF per Share Related Terms

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


Guangdong Champion Asia Electronics Co (SHSE:603386) Business Description

Traded in Other Exchanges
N/A
Address
25 Digital Industrial Park, Sandong Town, Guangdong Province, Huicheng District, Huizhou, CHN
Guangdong Champion Asia Electronics Co Ltd specializes in the printed circuit board industry. It is mainly engaged in the development, production and sales of printed circuit boards, and printed circuit board tables. The company's main products include double-panel, multi-layer boards including SMT products. The products are mainly used in IT communication equipment, consumer electronics, computers and peripherals, automotive electronics, industrial control energy and other industries.

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