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Han's Laser Technology Industry Group Co (SZSE:002008) Cyclically Adjusted FCF per Share : ¥0.34 (As of Mar. 2024)


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What is Han's Laser Technology Industry 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.

Han's Laser Technology Industry Group Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.577. 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 ¥0.34 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Han's Laser Technology Industry Group Co's average Cyclically Adjusted FCF Growth Rate was -5.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -2.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 21.40% 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 Han's Laser Technology Industry Group Co was 65.80% per year. The lowest was -2.50% per year. And the median was 37.65% per year.

As of today (2024-06-19), Han's Laser Technology Industry Group Co's current stock price is ¥20.91. Han's Laser Technology Industry Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.34. Han's Laser Technology Industry Group Co's Cyclically Adjusted Price-to-FCF of today is 61.50.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Han's Laser Technology Industry Group Co was 1815.00. The lowest was 41.32. And the median was 104.24.


Han's Laser Technology Industry Group Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Han's Laser Technology Industry 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.

Han's Laser Technology Industry Group Co Cyclically Adjusted FCF per Share Chart

Han's Laser Technology Industry 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 0.29 0.41 0.48 0.44 0.38

Han's Laser Technology Industry 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 0.36 0.38 0.35 0.38 0.34

Competitive Comparison of Han's Laser Technology Industry Group Co's Cyclically Adjusted FCF per Share

For the Specialty Industrial Machinery subindustry, Han's Laser Technology Industry 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.


Han's Laser Technology Industry Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Han's Laser Technology Industry Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Han's Laser Technology Industry Group Co's Cyclically Adjusted Price-to-FCF falls into.



Han's Laser Technology Industry 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, Han's Laser Technology Industry 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)
=-0.577/115.2271*115.2271
=-0.577

Current CPI (Mar. 2024) = 115.2271.

Han's Laser Technology Industry Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.047 98.200 -0.055
201409 -0.026 98.900 -0.030
201412 0.872 99.000 1.015
201503 -0.043 99.900 -0.050
201506 -0.155 99.500 -0.179
201509 0.287 100.500 0.329
201512 0.121 100.600 0.139
201603 -0.291 102.200 -0.328
201606 0.079 101.400 0.090
201609 -0.150 102.400 -0.169
201612 0.453 102.600 0.509
201703 -0.599 103.200 -0.669
201706 -0.138 103.100 -0.154
201709 0.331 104.100 0.366
201712 1.325 104.500 1.461
201803 -0.317 105.300 -0.347
201806 -0.142 104.900 -0.156
201809 -0.950 106.600 -1.027
201812 1.187 106.500 1.284
201903 -0.401 107.700 -0.429
201906 0.186 107.700 0.199
201909 0.539 109.800 0.566
201912 0.535 111.200 0.554
202003 -0.423 112.300 -0.434
202006 0.141 110.400 0.147
202009 0.200 111.700 0.206
202012 1.013 111.500 1.047
202103 -0.155 112.662 -0.159
202106 0.049 111.769 0.051
202109 -0.111 112.215 -0.114
202112 0.735 113.108 0.749
202203 -1.020 114.335 -1.028
202206 0.011 114.558 0.011
202209 -0.320 115.339 -0.320
202212 1.010 115.116 1.011
202303 -0.794 115.116 -0.795
202306 0.160 114.558 0.161
202309 -0.230 115.339 -0.230
202312 0.753 114.781 0.756
202403 -0.577 115.227 -0.577

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


Han's Laser Technology Industry Group Co  (SZSE:002008) 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.

Han's Laser Technology Industry Group Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=20.91/0.34
=61.50

* 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 Han's Laser Technology Industry Group Co was 1815.00. The lowest was 41.32. And the median was 104.24.


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.


Han's Laser Technology Industry Group Co Cyclically Adjusted FCF per Share Related Terms

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


Han's Laser Technology Industry Group Co (SZSE:002008) Business Description

Traded in Other Exchanges
N/A
Address
NO. 9988 Shennan Avenue, Han's Laser Building, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057
Founded in 2001, Han's Laser is engaged in manufacturing laser and printed circuit board processing equipment including engravers, welding machines and cutters. It is China's largest laser equipment supplier and the world's third-largest. The company's equipment is applied in the production of consumer electronics, integrated circuits, telecom equipment, auto parts, aerospace, railways and medical devices. The company is headquartered in Shenzhen, China. The group employs nearly 20,000 people and has over 100 offices in China and about 20 countries abroad.
Executives
Du Yong Gang Directors, executives
Chen Ke Sheng Executives
Ren Ning Executives
Zhou Hui Qiang Executives
Zhang Jian Qun Directors, executives
Ning Yan Hua Executives
Yang Chao Hui Executives
Huang Xiang Hu Executives
Yin Jian Gang Executives
Zhao Guang Hui Executives
Chen Xue Mei Supervisors
Li Yu Ting Executives
Chen Yan Executives
Wang Lin Securities Affairs Representative
Zhang Hong Xin Executives

Han's Laser Technology Industry Group Co (SZSE:002008) Headlines

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