ZhongTongGuoMai Communication Co (SHSE:603559) Cyclically Adjusted FCF per Share: ¥-0.65 (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:603559 ZhongTongGuoMai Communication Co Ltd SHSE:603559
49 GF Score
Price ¥9.07
GF Value ¥4.06
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is ZhongTongGuoMai Communication Co Cyclically Adjusted FCF per Share?

ZhongTongGuoMai Communication Co SHSE:603559 -4.83% 49 Cyclically Adjusted FCF per Share is ¥-0.65 as of Mar. 2026. GuruFocus rates SHSE:603559 with a GF Score™ of 49/100 and a GF Value™ of ¥4.06 (Significantly Overvalued). The stock has 1 warning sign 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.

ZhongTongGuoMai Communication Co's adjusted free cash flow per share for the three months ended in Mar. 2026 was ¥-0.166. 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 ¥-0.65 for the trailing ten years ended in Mar. 2026.

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 (2026-08-19), ZhongTongGuoMai Communication Co's current stock price is ¥9.07. ZhongTongGuoMai Communication Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ¥-0.65. ZhongTongGuoMai Communication Co's Cyclically Adjusted Price-to-FCF of today is .


ZhongTongGuoMai Communication Co  (SHSE:603559) 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.


ZhongTongGuoMai Communication Co Cyclically Adjusted FCF per Share Related Terms


ZhongTongGuoMai Communication Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for ZhongTongGuoMai Communication 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.

ZhongTongGuoMai Communication Co Cyclically Adjusted FCF per Share Chart

ZhongTongGuoMai Communication 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 0.00 0.00 0.00 -0.74 -0.67

ZhongTongGuoMai Communication 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 -0.72 -0.68 -0.69 -0.67 -0.65

SHSE:603559 vs IBM, ACN, FISV: Cyclically Adjusted FCF per Share Comparison

For the Information Technology Services subindustry, ZhongTongGuoMai Communication 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.


ZhongTongGuoMai Communication Co Cyclically Adjusted Price-to-FCF vs Software Industry

For the Software industry and Technology sector, ZhongTongGuoMai Communication Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


SHSE:603559
49GF Score
ZhongTongGuoMai Communication Co Ltd SHSE:603559
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ZhongTongGuoMai Communication 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, ZhongTongGuoMai Communication 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)
=-0.166/116.3033*116.3033
=-0.166

Current CPI (Mar. 2026) = 116.3033.

ZhongTongGuoMai Communication Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.287 101.400 0.329
201609 -0.467 102.400 -0.530
201612 1.147 102.600 1.300
201703 -1.051 103.200 -1.184
201706 -0.147 103.100 -0.166
201709 -0.323 104.100 -0.361
201712 0.325 104.500 0.362
201803 -0.422 105.300 -0.466
201806 -0.301 104.900 -0.334
201809 -3.154 106.600 -3.441
201812 0.073 106.500 0.080
201903 -0.360 107.700 -0.389
201906 0.244 107.700 0.263
201909 -0.247 109.800 -0.262
201912 0.848 111.200 0.887
202003 -0.514 112.300 -0.532
202006 -0.333 110.400 -0.351
202009 -0.196 111.700 -0.204
202012 0.072 111.500 0.075
202103 -0.356 112.662 -0.368
202106 -0.048 111.769 -0.050
202109 -0.176 112.215 -0.182
202112 0.480 113.108 0.494
202203 -0.004 114.335 -0.004
202206 -0.016 114.558 -0.016
202209 0.296 115.339 0.298
202212 0.161 115.116 0.163
202303 -0.119 115.116 -0.120
202306 0.211 114.558 0.214
202309 -0.075 115.339 -0.076
202312 -0.222 114.781 -0.225
202403 -0.001 115.227 -0.001
202406 -0.036 114.781 -0.036
202409 0.010 115.785 0.010
202412 -1.535 114.893 -1.554
202503 -0.009 115.116 -0.009
202506 0.201 114.907 0.203
202509 -0.280 115.471 -0.282
202512 0.090 115.832 0.090
202603 -0.166 116.303 -0.166

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 ¥-0.65 mean?
ZhongTongGuoMai Communication Co (SHSE:603559) has a Cyclically Adjusted FCF per Share of ¥-0.65 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 ZhongTongGuoMai Communication Co and its competitors.
Is ZhongTongGuoMai Communication Co's Cyclically Adjusted FCF per Share too high?
ZhongTongGuoMai Communication Co's current Cyclically Adjusted FCF per Share is ¥-0.65. Overall, ZhongTongGuoMai Communication Co has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ZhongTongGuoMai Communication Co's Cyclically Adjusted FCF per Share compare to IBM and ACN?
ZhongTongGuoMai Communication Co's Cyclically Adjusted FCF per Share of ¥-0.65 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted FCF per Share depends on the Software 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 ZhongTongGuoMai Communication Co and its competitors. ZhongTongGuoMai Communication Co's current Cyclically Adjusted FCF per Share is ¥-0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZhongTongGuoMai Communication Co stock overvalued right now?
Based on GuruFocus' analysis, ZhongTongGuoMai Communication Co (SHSE:603559) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥4.06, compared to a current price of ¥9.07 — trading 123.4% above its estimated fair value. The current Cyclically Adjusted FCF per Share is ¥-0.65. ZhongTongGuoMai Communication Co's overall GF Score™ is 49/100 with 1 warning sign 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 ZhongTongGuoMai Communication Co (SHSE:603559), the current Cyclically Adjusted FCF per Share is ¥-0.65 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 ZhongTongGuoMai Communication Co (SHSE:603559) Overvalued in 2026?

Based on GuruFocus' analysis, ZhongTongGuoMai Communication Co stock appears to be overvalued. The current stock price of ¥9.07 is trading 123.4% above its estimated GF Value™ of ¥4.06. GuruFocus considers ZhongTongGuoMai Communication Co to be Significantly Overvalued.

Key valuation signals for SHSE:603559:

  • Cyclically Adjusted FCF per Share: ¥-0.65
  • GF Value™: ¥4.06 vs. price of ¥9.07 (123.4% above fair value)
  • GF Score™: 49/100 with 1 warning sign

No single metric tells the full story. See the SHSE:603559 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ZhongTongGuoMai Communication Co Business Description

Address No. 6399, Nanhu Road, Jilin Province, Changchun, CHN, 130012
ZhongTongGuoMai Communication Co Ltd is the communication technology service provider in China. The company undertakes the communication network engineering consulting, surveying and design and construction activities; and communication network system operation and maintenance services. The communication technology services provided by the company mainly include two types of communication network engineering services and communication network maintenance services. The network engineering service refers to the construction of communication lines and communication pipes at the network level such as the core network, the transmission network and the access network.
49GF Score

Get the complete analysis for SHSE:603559

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

¥9.07
Price
¥4.06
GF Value