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Jiangsu Dagang Co (SZSE:002077) Cyclically Adjusted FCF per Share : ¥0.09 (As of Mar. 2024)


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What is Jiangsu Dagang 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.

Jiangsu Dagang Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥0.004. 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 ¥0.09 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 53.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 37.80% 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 Jiangsu Dagang Co was 53.90% per year. The lowest was -0.80% per year. And the median was 7.00% per year.

As of today (2024-06-10), Jiangsu Dagang Co's current stock price is ¥13.65. Jiangsu Dagang Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.09. Jiangsu Dagang Co's Cyclically Adjusted Price-to-FCF of today is 151.67.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Jiangsu Dagang Co was 225.25. The lowest was 131.78. And the median was 188.13.


Jiangsu Dagang Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Jiangsu Dagang 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.

Jiangsu Dagang Co Cyclically Adjusted FCF per Share Chart

Jiangsu Dagang 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 -1.24 -1.02 -0.59 -0.37 -0.10

Jiangsu Dagang 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 -0.11 -0.02 0.08 -0.10 0.09

Competitive Comparison of Jiangsu Dagang Co's Cyclically Adjusted FCF per Share

For the Real Estate - Development subindustry, Jiangsu Dagang 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.


Jiangsu Dagang Co's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Jiangsu Dagang Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Jiangsu Dagang 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, Jiangsu Dagang 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)
=0.004/115.2271*115.2271
=0.004

Current CPI (Mar. 2024) = 115.2271.

Jiangsu Dagang Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.143 98.200 0.168
201409 -0.094 98.900 -0.110
201412 0.711 99.000 0.828
201503 0.079 99.900 0.091
201506 -1.165 99.500 -1.349
201509 0.639 100.500 0.733
201512 1.112 100.600 1.274
201603 -0.560 102.200 -0.631
201606 0.005 101.400 0.006
201609 -0.270 102.400 -0.304
201612 -0.214 102.600 -0.240
201703 -0.199 103.200 -0.222
201706 -0.066 103.100 -0.074
201709 -0.160 104.100 -0.177
201712 -0.224 104.500 -0.247
201803 -0.354 105.300 -0.387
201806 0.043 104.900 0.047
201809 0.138 106.600 0.149
201812 0.227 106.500 0.246
201903 0.003 107.700 0.003
201906 0.022 107.700 0.024
201909 0.294 109.800 0.309
201912 0.094 111.200 0.097
202003 -0.061 112.300 -0.063
202006 0.090 110.400 0.094
202009 0.079 111.700 0.081
202012 0.306 111.500 0.316
202103 0.046 112.662 0.047
202106 0.183 111.769 0.189
202109 0.014 112.215 0.014
202112 0.063 113.108 0.064
202203 -0.040 114.335 -0.040
202206 0.058 114.558 0.058
202209 -0.016 115.339 -0.016
202212 -0.139 115.116 -0.139
202303 -0.064 115.116 -0.064
202306 0.048 114.558 0.048
202309 -0.091 115.339 -0.091
202312 0.210 114.781 0.211
202403 0.004 115.227 0.004

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


Jiangsu Dagang Co  (SZSE:002077) 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.

Jiangsu Dagang Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=13.65/0.09
=151.67

* 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 Jiangsu Dagang Co was 225.25. The lowest was 131.78. And the median was 188.13.


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.


Jiangsu Dagang Co Cyclically Adjusted FCF per Share Related Terms

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


Jiangsu Dagang Co (SZSE:002077) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 1 Tonggang Road, Dagang New District, Jiangsu Province, Zhenjiang, CHN, 212000
Jiangsu Dagang Co Ltd is a China-based company operating in the real estate development and construction business. It is involved in the production of silicon chips and solar modules, trading and logistics, as well as the sale of concrete. The business segments of the company are High-tech emerging industries, real estate development, and park operation services.
Executives
Wang Gang Director
Lin Zi Wen Director
Xue Qin Executives

Jiangsu Dagang Co (SZSE:002077) Headlines

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