Ningbo Orient Wires & Cables Co (SHSE:603606) Cyclically Adjusted FCF per Share: ¥0.22 (As of Jun. 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:603606 Ningbo Orient Wires & Cables Co Ltd SHSE:603606
88 GF Score
Price ¥38.00
GF Value ¥62.04
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Ningbo Orient Wires & Cables Co Cyclically Adjusted FCF per Share?

Ningbo Orient Wires & Cables Co SHSE:603606 -1.66% 88 Cyclically Adjusted FCF per Share is ¥0.22 as of Jun. 2026. GuruFocus rates SHSE:603606 with a GF Score™ of 88/100 and a GF Value™ of ¥62.04 (Significantly Undervalued). The stock has 3 warning signs 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.

Ningbo Orient Wires & Cables Co's adjusted free cash flow per share for the three months ended in Jun. 2026 was ¥0.845. 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 ¥0.22 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Ningbo Orient Wires & Cables Co's average Cyclically Adjusted FCF Growth Rate was 4.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 105.40% 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 Ningbo Orient Wires & Cables Co was 105.40% per year. The lowest was 105.40% per year. And the median was 105.40% per year.

As of today (2026-08-15), Ningbo Orient Wires & Cables Co's current stock price is ¥38.00. Ningbo Orient Wires & Cables Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was ¥0.22. Ningbo Orient Wires & Cables Co's Cyclically Adjusted Price-to-FCF of today is 172.73.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Ningbo Orient Wires & Cables Co was 1943.06. The lowest was 171.55. And the median was 375.09.


Ningbo Orient Wires & Cables Co  (SHSE:603606) 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.

Ningbo Orient Wires & Cables Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=38.00/0.22
=172.73

* 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 Ningbo Orient Wires & Cables Co was 1943.06. The lowest was 171.55. And the median was 375.09.


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.


Ningbo Orient Wires & Cables Co Cyclically Adjusted FCF per Share Related Terms


Ningbo Orient Wires & Cables Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Ningbo Orient Wires & Cables 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.

Ningbo Orient Wires & Cables Co Cyclically Adjusted FCF per Share Chart

Ningbo Orient Wires & Cables 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 0.03 0.09 0.12 0.26

Ningbo Orient Wires & Cables Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.21 0.14 0.26 0.15 0.22

SHSE:603606 vs VRT, BE: Cyclically Adjusted FCF per Share Comparison

For the Electrical Equipment & Parts subindustry, Ningbo Orient Wires & Cables 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.


Ningbo Orient Wires & Cables Co Cyclically Adjusted Price-to-FCF vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ningbo Orient Wires & Cables Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Ningbo Orient Wires & Cables Co's Cyclically Adjusted Price-to-FCF falls into.


SHSE:603606
88GF Score
Ningbo Orient Wires & Cables Co Ltd SHSE:603606
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningbo Orient Wires & Cables 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, Ningbo Orient Wires & Cables Co's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.845/116.0564*116.0564
=0.845

Current CPI (Jun. 2026) = 116.0564.

Ningbo Orient Wires & Cables Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -0.219 102.400 -0.248
201612 0.336 102.600 0.380
201703 -0.781 103.200 -0.878
201706 -0.170 103.100 -0.191
201709 -0.350 104.100 -0.390
201712 -0.067 104.500 -0.074
201803 -0.183 105.300 -0.202
201806 0.169 104.900 0.187
201809 -0.058 106.600 -0.063
201812 0.519 106.500 0.566
201903 -0.463 107.700 -0.499
201906 0.197 107.700 0.212
201909 0.088 109.800 0.093
201912 0.626 111.200 0.653
202003 -0.567 112.300 -0.586
202006 0.957 110.400 1.006
202009 -0.002 111.700 -0.002
202012 -0.079 111.500 -0.082
202103 -0.264 112.662 -0.272
202106 -0.427 111.769 -0.443
202109 -0.115 112.215 -0.119
202112 0.683 113.108 0.701
202203 -1.145 114.335 -1.162
202206 0.365 114.558 0.370
202209 -0.453 115.339 -0.456
202212 1.482 115.116 1.494
202303 -0.661 115.116 -0.666
202306 0.346 114.558 0.351
202309 -0.243 115.339 -0.245
202312 1.177 114.781 1.190
202403 -0.181 115.227 -0.182
202406 0.437 114.781 0.442
202409 -0.436 115.785 -0.437
202412 0.792 114.893 0.800
202503 -0.683 115.116 -0.689
202506 1.197 114.907 1.209
202509 -0.726 115.471 -0.730
202512 1.672 115.832 1.675
202603 -1.349 116.303 -1.346
202606 0.845 116.056 0.845

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 ¥0.22 mean?
Ningbo Orient Wires & Cables Co (SHSE:603606) has a Cyclically Adjusted FCF per Share of ¥0.22 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Ningbo Orient Wires & Cables Co and its competitors.
Is Ningbo Orient Wires & Cables Co's Cyclically Adjusted FCF per Share too high?
Ningbo Orient Wires & Cables Co's current Cyclically Adjusted FCF per Share is ¥0.22. Overall, Ningbo Orient Wires & Cables Co has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Orient Wires & Cables Co's Cyclically Adjusted FCF per Share compare to VRT and BE?
Ningbo Orient Wires & Cables Co's Cyclically Adjusted FCF per Share of ¥0.22 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Cyclically Adjusted FCF per Share depends on the Industrial Products 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 Ningbo Orient Wires & Cables Co and its competitors. Ningbo Orient Wires & Cables Co's current Cyclically Adjusted FCF per Share is ¥0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Orient Wires & Cables Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Orient Wires & Cables Co (SHSE:603606) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥62.04, compared to a current price of ¥38.00 — trading 38.7% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ¥0.22. Ningbo Orient Wires & Cables Co's overall GF Score™ is 88/100 with 3 warning signs 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 Ningbo Orient Wires & Cables Co (SHSE:603606), the current Cyclically Adjusted FCF per Share is ¥0.22 as of Jun. 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 Ningbo Orient Wires & Cables Co (SHSE:603606) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Orient Wires & Cables Co stock appears to be undervalued. The current stock price of ¥38.00 is trading 38.7% below its estimated GF Value™ of ¥62.04. GuruFocus considers Ningbo Orient Wires & Cables Co to be Significantly Undervalued.

Key valuation signals for SHSE:603606:

  • Cyclically Adjusted FCF per Share: ¥0.22
  • GF Value™: ¥62.04 vs. price of ¥38.00 (38.7% below fair value)
  • GF Score™: 88/100 with 3 warning signs

No single metric tells the full story. See the SHSE:603606 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Orient Wires & Cables Co Business Description

Address No. 1800, Zhongshan East Road, 49-50 Floor, Guohua Financial Center, Beilun District, Zhejiang Province, Ningbo, CHN, 315100
Ningbo Orient Wires & Cables Co Ltd is engaged in the research & development, production, and sales of wires and cables; providing customized services for customers of cables for marine engineering.
88GF Score

Get the complete analysis for SHSE:603606

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

¥38.00
Price
¥62.04
GF Value