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Wellhope Foods Co (SHSE:603609) Cyclically Adjusted FCF per Share : ¥-0.04 (As of Dec. 2023)


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What is Wellhope Foods 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.

Wellhope Foods Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was ¥1.065. 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 ¥-0.04 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 (2024-04-29), Wellhope Foods Co's current stock price is ¥7.14. Wellhope Foods Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ¥-0.04. Wellhope Foods Co's Cyclically Adjusted Price-to-FCF of today is .


Wellhope Foods Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Wellhope Foods 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.

Wellhope Foods Co Cyclically Adjusted FCF per Share Chart

Wellhope Foods 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 - - -0.06 -0.12 -0.04

Wellhope Foods Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.12 -0.13 -0.11 -0.16 -0.04

Competitive Comparison of Wellhope Foods Co's Cyclically Adjusted FCF per Share

For the Farm Products subindustry, Wellhope Foods 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.


Wellhope Foods Co's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Wellhope Foods Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.065/114.6694*114.6694
=1.065

Current CPI (Dec. 2023) = 114.6694.

Wellhope Foods Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.071 98.600 -0.083
201406 0.136 98.200 0.159
201409 0.263 98.900 0.305
201412 -0.053 99.000 -0.061
201503 -0.562 99.900 -0.645
201506 0.445 99.500 0.513
201509 0.288 100.500 0.329
201512 0.073 100.600 0.083
201603 -0.305 102.200 -0.342
201606 0.218 101.400 0.247
201609 -0.241 102.400 -0.270
201612 -0.055 102.600 -0.061
201703 -0.427 103.200 -0.474
201706 0.459 103.100 0.511
201709 0.023 104.100 0.025
201712 0.171 104.500 0.188
201803 -0.297 105.300 -0.323
201806 0.420 104.900 0.459
201809 -0.162 106.600 -0.174
201812 0.134 106.500 0.144
201903 -0.084 107.700 -0.089
201906 0.170 107.700 0.181
201909 0.122 109.800 0.127
201912 0.178 111.200 0.184
202003 -0.315 112.300 -0.322
202006 0.256 110.400 0.266
202009 -0.392 111.700 -0.402
202012 -0.234 111.500 -0.241
202103 -0.845 112.662 -0.860
202106 0.116 111.769 0.119
202109 -0.361 112.215 -0.369
202112 0.189 113.108 0.192
202203 -0.578 114.335 -0.580
202206 0.007 114.558 0.007
202209 -0.176 115.339 -0.175
202212 0.034 115.116 0.034
202303 -0.413 115.116 -0.411
202306 0.560 114.558 0.561
202309 -0.210 115.339 -0.209
202312 1.065 114.669 1.065

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


Wellhope Foods Co  (SHSE:603609) 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.


Wellhope Foods Co Cyclically Adjusted FCF per Share Related Terms

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


Wellhope Foods Co (SHSE:603609) Business Description

Traded in Other Exchanges
N/A
Address
No. 169, Huishan Street, Shenbei New District, Liaoning Province, Shenyang, CHN, 110164
Wellhope Foods Co Ltd is an animal husbandry company. The company's primary businesses include animal feed, feed raw materials trade, broiler integration, and swine trading. It is also involved in veterinary drugs, farming equipment manufacturing, pet clinic, etc. The company generates maximum revenue from feed products followed by broiler integration and raw materials trade. Its feed product line includes premix feed, concentrated feed, and compound feed.

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