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Digital China Group Co (SZSE:000034) Cyclically Adjusted FCF per Share : ¥-0.16 (As of Mar. 2024)


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What is Digital China Group 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.

Digital China Group Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.671. 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 ¥-0.16 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -31.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 31.60% 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 Digital China Group Co was 53.60% per year. The lowest was -242.00% per year. And the median was 26.00% per year.

As of today (2024-06-08), Digital China Group Co's current stock price is ¥28.40. Digital China Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.16. Digital China Group Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Digital China Group Co was 2445.00. The lowest was 186.00. And the median was 583.00.


Digital China Group Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Digital China Group 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.

Digital China Group Co Cyclically Adjusted FCF per Share Chart

Digital China Group 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 -0.20 -0.04 -0.12 -0.02 -0.09

Digital China Group 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 -0.02 0.04 0.03 -0.09 -0.16

Competitive Comparison of Digital China Group Co's Cyclically Adjusted FCF per Share

For the Information Technology Services subindustry, Digital China Group 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.


Digital China Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Digital China Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Digital China Group Co's Cyclically Adjusted Price-to-FCF falls into.



Digital China Group 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, Digital China Group 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)
=-0.671/115.2271*115.2271
=-0.671

Current CPI (Mar. 2024) = 115.2271.

Digital China Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.063 98.200 -0.074
201409 -0.014 98.900 -0.016
201412 -0.009 99.000 -0.010
201503 -0.046 99.900 -0.053
201506 -0.026 99.500 -0.030
201509 -0.001 100.500 -0.001
201512 0.032 100.600 0.037
201603 -0.045 102.200 -0.051
201606 0.283 101.400 0.322
201609 1.167 102.400 1.313
201612 -0.971 102.600 -1.091
201703 -0.208 103.200 -0.232
201706 -0.110 103.100 -0.123
201709 -1.445 104.100 -1.599
201712 -0.746 104.500 -0.823
201803 -0.239 105.300 -0.262
201806 1.031 104.900 1.132
201809 -1.984 106.600 -2.145
201812 -0.444 106.500 -0.480
201903 0.372 107.700 0.398
201906 -0.229 107.700 -0.245
201909 1.329 109.800 1.395
201912 0.620 111.200 0.642
202003 1.448 112.300 1.486
202006 -0.302 110.400 -0.315
202009 0.798 111.700 0.823
202012 -0.207 111.500 -0.214
202103 0.620 112.662 0.634
202106 -0.785 111.769 -0.809
202109 0.097 112.215 0.100
202112 -0.734 113.108 -0.748
202203 -1.675 114.335 -1.688
202206 1.272 114.558 1.279
202209 2.075 115.339 2.073
202212 -0.732 115.116 -0.733
202303 -0.042 115.116 -0.042
202306 0.573 114.558 0.576
202309 -0.097 115.339 -0.097
202312 -1.236 114.781 -1.241
202403 -0.671 115.227 -0.671

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


Digital China Group Co  (SZSE:000034) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Digital China Group Co was 2445.00. The lowest was 186.00. And the median was 583.00.


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.


Digital China Group Co Cyclically Adjusted FCF per Share Related Terms

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


Digital China Group Co (SZSE:000034) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 8 Kefa Road, Yuehai Street, Building E1, Floor 11, Building 1, Financial Base, Nanshan District, Guangdong Province, Shenzhen, CHN, 100085
Digital China Group Co Ltd is a China-based integrated IT service provider. It is engaged in the business activity of providing services which include product marketing, capital logistics, localized technical support, large data services and cloud computing infrastructure.
Executives
Yang Ming Lang Executives
Liu Xin Secretary Dong
Lv Jing Executives
Xin Xin Director
Lu Ming Executives
Chen Zhen Kun Executives
Li Yan Executives
Han Zhi Min Executives
Ye Hai Qiang Executives
Hao Jun Cheng Executives
Zhou Li Da Executives
Wang Xiao Yan Director
Wu Hao Executives
Tang Kai Executives
Wang Ji Ye Secretary Dong

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