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Sichuan Hexie Shuangma Co (SZSE:000935) Cyclically Adjusted FCF per Share : ¥0.68 (As of Mar. 2024)


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What is Sichuan Hexie Shuangma 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.

Sichuan Hexie Shuangma Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥0.052. 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 ¥0.68 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sichuan Hexie Shuangma Co's average Cyclically Adjusted FCF Growth Rate was -2.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 7.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.80% 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 Sichuan Hexie Shuangma Co was 31.90% per year. The lowest was 7.30% per year. And the median was 20.50% per year.

As of today (2024-06-09), Sichuan Hexie Shuangma Co's current stock price is ¥13.14. Sichuan Hexie Shuangma Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.68. Sichuan Hexie Shuangma Co's Cyclically Adjusted Price-to-FCF of today is 19.32.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Sichuan Hexie Shuangma Co was 165.45. The lowest was 19.19. And the median was 37.40.


Sichuan Hexie Shuangma Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sichuan Hexie Shuangma 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.

Sichuan Hexie Shuangma Co Cyclically Adjusted FCF per Share Chart

Sichuan Hexie Shuangma 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 0.42 0.55 0.66 0.71 0.68

Sichuan Hexie Shuangma 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 0.70 0.67 0.67 0.68 0.68

Competitive Comparison of Sichuan Hexie Shuangma Co's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, Sichuan Hexie Shuangma 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.


Sichuan Hexie Shuangma Co's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Sichuan Hexie Shuangma Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Sichuan Hexie Shuangma Co's Cyclically Adjusted Price-to-FCF falls into.



Sichuan Hexie Shuangma 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, Sichuan Hexie Shuangma 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)
=0.052/115.2271*115.2271
=0.052

Current CPI (Mar. 2024) = 115.2271.

Sichuan Hexie Shuangma Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.401 98.200 0.471
201409 0.192 98.900 0.224
201412 0.365 99.000 0.425
201503 -0.284 99.900 -0.328
201506 0.100 99.500 0.116
201509 0.235 100.500 0.269
201512 0.068 100.600 0.078
201603 0.011 102.200 0.012
201606 0.198 101.400 0.225
201609 0.117 102.400 0.132
201612 0.327 102.600 0.367
201703 -0.170 103.200 -0.190
201706 0.092 103.100 0.103
201709 0.263 104.100 0.291
201712 0.462 104.500 0.509
201803 0.043 105.300 0.047
201806 0.232 104.900 0.255
201809 0.319 106.600 0.345
201812 0.259 106.500 0.280
201903 0.043 107.700 0.046
201906 0.400 107.700 0.428
201909 0.248 109.800 0.260
201912 0.443 111.200 0.459
202003 0.121 112.300 0.124
202006 0.265 110.400 0.277
202009 0.086 111.700 0.089
202012 0.194 111.500 0.200
202103 0.033 112.662 0.034
202106 0.128 111.769 0.132
202109 0.072 112.215 0.074
202112 0.214 113.108 0.218
202203 0.045 114.335 0.045
202206 0.078 114.558 0.078
202209 0.069 115.339 0.069
202212 0.261 115.116 0.261
202303 -0.033 115.116 -0.033
202306 0.095 114.558 0.096
202309 0.055 115.339 0.055
202312 0.250 114.781 0.251
202403 0.052 115.227 0.052

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


Sichuan Hexie Shuangma Co  (SZSE:000935) 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.

Sichuan Hexie Shuangma Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=13.14/0.68
=19.32

* 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 Sichuan Hexie Shuangma Co was 165.45. The lowest was 19.19. And the median was 37.40.


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.


Sichuan Hexie Shuangma Co Cyclically Adjusted FCF per Share Related Terms

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Sichuan Hexie Shuangma Co (SZSE:000935) Business Description

Traded in Other Exchanges
N/A
Address
Erlangmiao Town, Sichuan Province, Jiangyou, CHN, 610000
Sichuan Hexie Shuangma Co Ltd is engaged in industrial investment and equity investment fund management. The company mainly manages assets including building materials manufacturing enterprises and equity investment fund management companies. Its building materials manufacturing enterprise business includes the production and sales of cement products and construction aggregates.
Executives
Feng Tao Executives
Xie Jin Hua Supervisors
Wang Qiao Director
Li Feng Li Supervisors
Zhang Yan Xue Director

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