GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jiangsu Liba Enterprise JSC Ltd (SHSE:603519) » Definitions » Cyclically Adjusted FCF per Share

Jiangsu Liba Enterprise JSC (SHSE:603519) Cyclically Adjusted FCF per Share : ¥0.36 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Jiangsu Liba Enterprise JSC 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.

Jiangsu Liba Enterprise JSC's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥0.144. 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 ¥0.36 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Jiangsu Liba Enterprise JSC's average Cyclically Adjusted FCF Growth Rate was 5.90% 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.

As of today (2024-05-26), Jiangsu Liba Enterprise JSC's current stock price is ¥13.13. Jiangsu Liba Enterprise JSC's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.36. Jiangsu Liba Enterprise JSC's Cyclically Adjusted Price-to-FCF of today is 36.47.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Jiangsu Liba Enterprise JSC was 47.23. The lowest was 34.33. And the median was 38.68.


Jiangsu Liba Enterprise JSC Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Jiangsu Liba Enterprise JSC'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.

Jiangsu Liba Enterprise JSC Cyclically Adjusted FCF per Share Chart

Jiangsu Liba Enterprise JSC 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 - - - - 0.33

Jiangsu Liba Enterprise JSC 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 0.34 0.35 0.35 0.33 0.36

Competitive Comparison of Jiangsu Liba Enterprise JSC's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, Jiangsu Liba Enterprise JSC'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.


Jiangsu Liba Enterprise JSC's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jiangsu Liba Enterprise JSC's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Jiangsu Liba Enterprise JSC's Cyclically Adjusted Price-to-FCF falls into.



Jiangsu Liba Enterprise JSC 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, Jiangsu Liba Enterprise JSC'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)
=0.144/115.2271*115.2271
=0.144

Current CPI (Mar. 2024) = 115.2271.

Jiangsu Liba Enterprise JSC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.152 98.200 0.178
201409 0.029 98.900 0.034
201412 0.085 99.000 0.099
201503 0.003 99.900 0.003
201506 0.000 99.500 0.000
201509 -0.037 100.500 -0.042
201512 0.166 100.600 0.190
201603 0.127 102.200 0.143
201606 0.177 101.400 0.201
201609 -0.242 102.400 -0.272
201612 -0.184 102.600 -0.207
201703 -0.035 103.200 -0.039
201706 0.104 103.100 0.116
201709 -0.096 104.100 -0.106
201712 0.377 104.500 0.416
201803 0.091 105.300 0.100
201806 0.010 104.900 0.011
201809 -0.001 106.600 -0.001
201812 0.149 106.500 0.161
201903 0.037 107.700 0.040
201906 0.327 107.700 0.350
201909 0.307 109.800 0.322
201912 0.240 111.200 0.249
202003 0.078 112.300 0.080
202006 0.284 110.400 0.296
202009 -0.003 111.700 -0.003
202012 0.103 111.500 0.106
202103 -0.217 112.662 -0.222
202106 0.171 111.769 0.176
202109 0.058 112.215 0.060
202112 0.208 113.108 0.212
202203 0.079 114.335 0.080
202206 0.375 114.558 0.377
202209 0.060 115.339 0.060
202212 0.006 115.116 0.006
202303 0.026 115.116 0.026
202306 0.193 114.558 0.194
202309 0.080 115.339 0.080
202312 -0.113 114.781 -0.113
202403 0.144 115.227 0.144

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


Jiangsu Liba Enterprise JSC  (SHSE:603519) 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.

Jiangsu Liba Enterprise JSC's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=13.13/0.36
=36.47

* 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 Jiangsu Liba Enterprise JSC was 47.23. The lowest was 34.33. And the median was 38.68.


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.


Jiangsu Liba Enterprise JSC Cyclically Adjusted FCF per Share Related Terms

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


Jiangsu Liba Enterprise JSC (SHSE:603519) Business Description

Traded in Other Exchanges
N/A
Address
No. 88, Caixi Road, Environmental Protection Technology Industrial Park, Jiangsu Province, Yixing, CHN, 214205
Jiangsu Liba Enterprise JSC Ltd is engaged in the research and development, production and sales of composite materials for home appliance appearance. Its products are mainly laminated film (VCM) series products and coated board (PCM) series products, widely used in refrigerators, washing machines, water heaters, microwave ovens, air conditioners, high-end building door panels and other fields.
Executives
Jiang Da Wei Directors, senior managers
Lu Feng Xian Director
Chu Yi Ping senior management
Wang Shi Qin Director

Jiangsu Liba Enterprise JSC (SHSE:603519) Headlines

No Headlines