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Anji Foodstuff Co (SHSE:603696) Cyclically Adjusted FCF per Share : ¥0.05 (As of Mar. 2024)


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What is Anji Foodstuff 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.

Anji Foodstuff Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.173. 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 ¥0.05 for the trailing ten years ended in Mar. 2024.

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 (2024-05-14), Anji Foodstuff Co's current stock price is ¥8.70. Anji Foodstuff Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.05. Anji Foodstuff Co's Cyclically Adjusted Price-to-FCF of today is 174.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Anji Foodstuff Co was 192.88. The lowest was 94.29. And the median was 139.86.


Anji Foodstuff Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Anji Foodstuff 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.

Anji Foodstuff Co Cyclically Adjusted FCF per Share Chart

Anji Foodstuff 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 - - - - 0.07

Anji Foodstuff Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - 0.07 0.07 0.05

Competitive Comparison of Anji Foodstuff Co's Cyclically Adjusted FCF per Share

For the Packaged Foods subindustry, Anji Foodstuff 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.


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

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

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



Anji Foodstuff 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, Anji Foodstuff Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.173/114.6694*114.6694
=-0.173

Current CPI (Mar. 2024) = 114.6694.

Anji Foodstuff Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.000 97.624 0.000
201409 0.000 98.900 0.000
201412 0.000 99.000 0.000
201503 -0.006 99.900 -0.007
201506 0.006 99.500 0.007
201509 -0.016 100.500 -0.018
201512 0.123 100.600 0.140
201603 -0.105 102.200 -0.118
201606 0.040 101.400 0.045
201609 0.051 102.400 0.057
201612 0.166 102.600 0.186
201703 -0.055 103.200 -0.061
201706 -0.066 103.100 -0.073
201709 0.060 104.100 0.066
201712 -0.416 104.500 -0.456
201803 -0.733 105.300 -0.798
201806 0.739 104.900 0.808
201809 -0.094 106.600 -0.101
201812 0.111 106.500 0.120
201903 -0.132 107.700 -0.141
201906 0.331 107.700 0.352
201909 -0.019 109.800 -0.020
201912 -0.026 111.200 -0.027
202003 -0.029 112.300 -0.030
202006 0.006 110.400 0.006
202009 0.031 111.700 0.032
202012 0.045 111.500 0.046
202103 -0.009 112.662 -0.009
202106 0.085 111.769 0.087
202109 0.136 112.215 0.139
202112 0.153 113.108 0.155
202203 -0.107 114.335 -0.107
202206 0.170 114.558 0.170
202209 -0.020 115.339 -0.020
202212 0.051 115.116 0.051
202303 -0.094 115.116 -0.094
202306 0.076 114.558 0.076
202309 0.114 115.339 0.113
202312 0.013 114.669 0.013
202403 -0.173 114.669 -0.173

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


Anji Foodstuff Co  (SHSE:603696) 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.

Anji Foodstuff Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=8.70/0.05
=174.00

* 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 Anji Foodstuff Co was 192.88. The lowest was 94.29. And the median was 139.86.


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.


Anji Foodstuff Co Cyclically Adjusted FCF per Share Related Terms

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


Anji Foodstuff Co (SHSE:603696) Business Description

Traded in Other Exchanges
N/A
Address
4-9A, Qingmeng Science and Technology Industrial Zone, Fujian Province, Quanzhou, CHN, 362006
Anji Foodstuff Co Ltd is engaged in the research and development, production and sales of seasoning. The company has five major products namely seasoning powder of mixed flavors, seasoning from natural extracts, herbs and spices, sauce and condensed soup. Its seasoning powder of mixed flavors includes seasoning for spare-rib, concentrated pork stock, beef powder, and other. Its seasonings from natural extracts comprise mushroom extract seasoning, bonito flavor bisque, scallop bisque, and others. The company herbs and spices comprise white pepper powder, five spices powder, and others; sauces include oyster, chili, curry seasoning, spare rib, and other sauces.

Anji Foodstuff Co (SHSE:603696) Headlines

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