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Guangzhou Holike Creative Home Co (SHSE:603898) Cyclically Adjusted FCF per Share : ¥0.26 (As of Mar. 2024)


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What is Guangzhou Holike Creative Home 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.

Guangzhou Holike Creative Home Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.740. 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 ¥0.26 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Guangzhou Holike Creative Home Co's average Cyclically Adjusted FCF Growth Rate was 62.50% 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.

As of today (2024-06-20), Guangzhou Holike Creative Home Co's current stock price is ¥7.53. Guangzhou Holike Creative Home Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.26. Guangzhou Holike Creative Home Co's Cyclically Adjusted Price-to-FCF of today is 28.96.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Guangzhou Holike Creative Home Co was 75.38. The lowest was 26.82. And the median was 45.92.


Guangzhou Holike Creative Home Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Guangzhou Holike Creative Home 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.

Guangzhou Holike Creative Home Co Cyclically Adjusted FCF per Share Chart

Guangzhou Holike Creative Home 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 - - - - 0.28

Guangzhou Holike Creative Home 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 0.16 0.21 0.24 0.28 0.26

Competitive Comparison of Guangzhou Holike Creative Home Co's Cyclically Adjusted FCF per Share

For the Furnishings, Fixtures & Appliances subindustry, Guangzhou Holike Creative Home 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.


Guangzhou Holike Creative Home Co's Cyclically Adjusted Price-to-FCF Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Guangzhou Holike Creative Home Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Guangzhou Holike Creative Home Co's Cyclically Adjusted Price-to-FCF falls into.



Guangzhou Holike Creative Home 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, Guangzhou Holike Creative Home 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)
=-0.74/115.2271*115.2271
=-0.740

Current CPI (Mar. 2024) = 115.2271.

Guangzhou Holike Creative Home Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.417 98.200 0.489
201409 0.101 98.900 0.118
201412 0.366 99.000 0.426
201503 -0.937 99.900 -1.081
201506 0.102 99.500 0.118
201509 0.154 100.500 0.177
201512 0.039 100.600 0.045
201603 -0.157 102.200 -0.177
201606 0.488 101.400 0.555
201609 0.036 102.400 0.041
201612 0.375 102.600 0.421
201703 -0.480 103.200 -0.536
201706 0.469 103.100 0.524
201709 0.097 104.100 0.107
201712 0.391 104.500 0.431
201803 -0.656 105.300 -0.718
201806 0.492 104.900 0.540
201809 -0.203 106.600 -0.219
201812 0.126 106.500 0.136
201903 -0.540 107.700 -0.578
201906 0.196 107.700 0.210
201909 -0.053 109.800 -0.056
201912 0.131 111.200 0.136
202003 -0.841 112.300 -0.863
202006 0.722 110.400 0.754
202009 0.014 111.700 0.014
202012 0.517 111.500 0.534
202103 -0.692 112.662 -0.708
202106 0.351 111.769 0.362
202109 -0.105 112.215 -0.108
202112 0.663 113.108 0.675
202203 -0.536 114.335 -0.540
202206 0.430 114.558 0.433
202209 0.267 115.339 0.267
202212 0.144 115.116 0.144
202303 -0.103 115.116 -0.103
202306 0.561 114.558 0.564
202309 0.297 115.339 0.297
202312 0.484 114.781 0.486
202403 -0.740 115.227 -0.740

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


Guangzhou Holike Creative Home Co  (SHSE:603898) 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.

Guangzhou Holike Creative Home Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=7.53/0.26
=28.96

* 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 Guangzhou Holike Creative Home Co was 75.38. The lowest was 26.82. And the median was 45.92.


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.


Guangzhou Holike Creative Home Co Cyclically Adjusted FCF per Share Related Terms

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Guangzhou Holike Creative Home Co (SHSE:603898) Business Description

Traded in Other Exchanges
N/A
Address
Cyberport, No. 20 Keyun Road, 3rd Floor, Tianhe District, Guangzhou, CHN
Guangzhou Holike Creative Home Co Ltd is engaged in research and development, design, production and sales of panel furniture, synchronous development and sales of finished furniture and soft furnishings.
Executives
Shen Han Biao Director
Lin Chang Sheng senior management
Deng Tao senior management
Zhou Yi senior management

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