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Guirenniao Co (SHSE:603555) Cyclically Adjusted FCF per Share : ¥-0.02 (As of Sep. 2023)


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What is Guirenniao 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.

Guirenniao Co's adjusted free cash flow per share for the three months ended in Sep. 2023 was ¥0.052. 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 ¥-0.02 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Guirenniao Co's average Cyclically Adjusted FCF Growth Rate was -166.70% 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 (2024-06-08), Guirenniao Co's current stock price is ¥0.67. Guirenniao Co's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was ¥-0.02. Guirenniao Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Guirenniao Co was 207.00. The lowest was 39.75. And the median was 114.33.


Guirenniao Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Guirenniao 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.

Guirenniao Co Cyclically Adjusted FCF per Share Chart

Guirenniao Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.04 -0.01

Guirenniao Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.03 -0.01 0.04 -0.05 -0.02

Competitive Comparison of Guirenniao Co's Cyclically Adjusted FCF per Share

For the Footwear & Accessories subindustry, Guirenniao 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.


Guirenniao Co's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Guirenniao Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Guirenniao 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, Guirenniao Co's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.052/115.3387*115.3387
=0.052

Current CPI (Sep. 2023) = 115.3387.

Guirenniao Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.215 97.624 0.254
201403 -0.414 98.600 -0.484
201406 0.565 98.200 0.664
201409 -0.152 98.900 -0.177
201412 -0.079 99.000 -0.092
201503 -0.524 99.900 -0.605
201506 0.985 99.500 1.142
201509 0.107 100.500 0.123
201512 0.274 100.600 0.314
201603 -0.522 102.200 -0.589
201606 -0.163 101.400 -0.185
201609 0.348 102.400 0.392
201612 0.305 102.600 0.343
201703 -0.175 103.200 -0.196
201706 0.365 103.100 0.408
201709 -0.158 104.100 -0.175
201712 0.231 104.500 0.255
201803 0.287 105.300 0.314
201806 0.355 104.900 0.390
201809 -0.587 106.600 -0.635
201812 0.391 106.500 0.423
201903 0.104 107.700 0.111
201906 -0.184 107.700 -0.197
201909 -0.478 109.800 -0.502
201912 -0.374 111.200 -0.388
202003 -0.062 112.300 -0.064
202006 0.023 110.400 0.024
202009 -0.029 111.700 -0.030
202012 0.045 111.500 0.047
202103 -0.019 112.662 -0.019
202106 -0.504 111.769 -0.520
202109 -0.096 112.215 -0.099
202112 0.016 113.108 0.016
202203 -0.133 114.335 -0.134
202206 0.108 114.558 0.109
202209 -0.061 115.339 -0.061
202212 -0.317 115.116 -0.318
202303 -0.026 115.116 -0.026
202306 -0.133 114.558 -0.134
202309 0.052 115.339 0.052

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


Guirenniao Co  (SHSE:603555) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Guirenniao Co was 207.00. The lowest was 39.75. And the median was 114.33.


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.


Guirenniao Co Cyclically Adjusted FCF per Share Related Terms

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


Guirenniao Co (SHSE:603555) Business Description

Traded in Other Exchanges
N/A
Address
Surabaya Road 629, Wuyuan Bay Operations Center, 18th Floor Xiangan Business Building, Huli District, Fujian Province, Xiamen, CHN
Guirenniao Co Ltd is engaged in design, production and marketing of sports shoes, sports apparel and accessories.
Executives
Fan Ling Yun Supervisors
Lin Si En Director

Guirenniao Co (SHSE:603555) Headlines

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