Sunstone Development Co (SHSE:603612) Cyclically Adjusted FCF per Share: ¥-1.51 (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:603612 Sunstone Development Co Ltd SHSE:603612
72 GF Score
Price ¥17.45
GF Value ¥24.05
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Sunstone Development Co Cyclically Adjusted FCF per Share?

Sunstone Development Co SHSE:603612 +0.52% 72 Cyclically Adjusted FCF per Share is ¥-1.51 as of Jun. 2026. GuruFocus rates SHSE:603612 with a GF Score™ of 72/100 and a GF Value™ of ¥24.05 (Modestly Undervalued). The stock has 8 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.

Sunstone Development Co's adjusted free cash flow per share for the three months ended in Jun. 2026 was ¥-1.246. 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 ¥-1.51 for the trailing ten years ended in Jun. 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 (2026-08-28), Sunstone Development Co's current stock price is ¥17.45. Sunstone Development Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was ¥-1.51. Sunstone Development Co's Cyclically Adjusted Price-to-FCF of today is .


Sunstone Development Co  (SHSE:603612) 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.


Sunstone Development Co Cyclically Adjusted FCF per Share Related Terms


Sunstone Development Co Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Sunstone Development 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.

Sunstone Development Co Cyclically Adjusted FCF per Share Chart

Sunstone Development 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 -1.35 -1.19

Sunstone Development 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 -1.45 -1.31 -1.19 -1.42 -1.51

SHSE:603612 vs DOW: Cyclically Adjusted FCF per Share Comparison

For the Chemicals subindustry, Sunstone Development 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.


Sunstone Development Co Cyclically Adjusted Price-to-FCF vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sunstone Development Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


SHSE:603612
72GF Score
Sunstone Development Co Ltd SHSE:603612
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sunstone Development 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, Sunstone Development 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)
=-1.246/116.0564*116.0564
=-1.246

Current CPI (Jun. 2026) = 116.0564.

Sunstone Development Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 0.000 102.400 0.000
201612 0.000 102.600 0.000
201703 0.338 103.200 0.380
201706 0.357 103.100 0.402
201709 -0.066 104.100 -0.074
201712 -0.652 104.500 -0.724
201803 -0.506 105.300 -0.558
201806 0.482 104.900 0.533
201809 -0.723 106.600 -0.787
201812 0.172 106.500 0.187
201903 -1.838 107.700 -1.981
201906 -0.184 107.700 -0.198
201909 -0.365 109.800 -0.386
201912 0.377 111.200 0.393
202003 0.143 112.300 0.148
202006 -0.066 110.400 -0.069
202009 -0.717 111.700 -0.745
202012 -0.248 111.500 -0.258
202103 -2.016 112.662 -2.077
202106 0.153 111.769 0.159
202109 -1.222 112.215 -1.264
202112 -1.100 113.108 -1.129
202203 -1.939 114.335 -1.968
202206 -1.610 114.558 -1.631
202209 0.754 115.339 0.759
202212 0.027 115.116 0.027
202303 -1.187 115.116 -1.197
202306 -0.418 114.558 -0.423
202309 0.747 115.339 0.752
202312 1.164 114.781 1.177
202403 -0.653 115.227 -0.658
202406 0.491 114.781 0.496
202409 -0.748 115.785 -0.750
202412 0.551 114.893 0.557
202503 -1.973 115.116 -1.989
202506 0.478 114.907 0.483
202509 0.901 115.471 0.906
202512 0.749 115.832 0.750
202603 -2.380 116.303 -2.375
202606 -1.246 116.056 -1.246

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 ¥-1.51 mean?
Sunstone Development Co (SHSE:603612) has a Cyclically Adjusted FCF per Share of ¥-1.51 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 Sunstone Development Co and its competitors.
Is Sunstone Development Co's Cyclically Adjusted FCF per Share too high?
Sunstone Development Co's current Cyclically Adjusted FCF per Share is ¥-1.51. Overall, Sunstone Development Co has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sunstone Development Co's Cyclically Adjusted FCF per Share compare to DOW?
Sunstone Development Co's Cyclically Adjusted FCF per Share of ¥-1.51 can be compared against companies in the Chemicals 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 Chemicals company?
A good Cyclically Adjusted FCF per Share depends on the Chemicals 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 Sunstone Development Co and its competitors. Sunstone Development Co's current Cyclically Adjusted FCF per Share is ¥-1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunstone Development Co stock overvalued right now?
Based on GuruFocus' analysis, Sunstone Development Co (SHSE:603612) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥24.05, compared to a current price of ¥17.45 — trading 27.4% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ¥-1.51. Sunstone Development Co's overall GF Score™ is 72/100 with 8 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 Sunstone Development Co (SHSE:603612), the current Cyclically Adjusted FCF per Share is ¥-1.51 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 Sunstone Development Co (SHSE:603612) Overvalued in 2026?

Based on GuruFocus' analysis, Sunstone Development Co stock appears to be undervalued. The current stock price of ¥17.45 is trading 27.4% below its estimated GF Value™ of ¥24.05. GuruFocus considers Sunstone Development Co to be Modestly Undervalued.

Key valuation signals for SHSE:603612:

  • Cyclically Adjusted FCF per Share: ¥-1.51
  • GF Value™: ¥24.05 vs. price of ¥17.45 (27.4% below fair value)
  • GF Score™: 72/100 with 8 warning signs

No single metric tells the full story. See the SHSE:603612 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sunstone Development Co Business Description

Address 104 National Road North, Hengyuan Economic Development Zone, Shandong Province, Linyi, CHN, 251500
Sunstone Development Co Ltd specializes in the production and marketing of prebaked carbon anodes for the aluminum industry. The company also exports anodes worldwide.
72GF Score

Get the complete analysis for SHSE:603612

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

¥17.45
Price
¥24.05
GF Value