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Beijing Bdstar Navigation Co (SZSE:002151) Cyclically Adjusted FCF per Share : ¥-0.40 (As of Mar. 2024)


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What is Beijing Bdstar Navigation 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.

Beijing Bdstar Navigation Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.270. 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 ¥-0.40 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -17.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -5.40% 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 Beijing Bdstar Navigation Co was 5.40% per year. The lowest was -17.00% per year. And the median was -3.50% per year.

As of today (2024-05-22), Beijing Bdstar Navigation Co's current stock price is ¥27.40. Beijing Bdstar Navigation Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.40. Beijing Bdstar Navigation Co's Cyclically Adjusted Price-to-FCF of today is .


Beijing Bdstar Navigation Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Beijing Bdstar Navigation 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.

Beijing Bdstar Navigation Co Cyclically Adjusted FCF per Share Chart

Beijing Bdstar Navigation 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 -0.32 -0.25 -0.22 -0.30 -0.40

Beijing Bdstar Navigation 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 -0.32 -0.28 -0.32 -0.40 -0.40

Competitive Comparison of Beijing Bdstar Navigation Co's Cyclically Adjusted FCF per Share

For the Scientific & Technical Instruments subindustry, Beijing Bdstar Navigation 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.


Beijing Bdstar Navigation Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Beijing Bdstar Navigation Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Beijing Bdstar Navigation Co's Cyclically Adjusted Price-to-FCF falls into.



Beijing Bdstar Navigation 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, Beijing Bdstar Navigation 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)
=-0.27/115.2271*115.2271
=-0.270

Current CPI (Mar. 2024) = 115.2271.

Beijing Bdstar Navigation Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.014 98.200 0.016
201409 -0.122 98.900 -0.142
201412 0.184 99.000 0.214
201503 -0.341 99.900 -0.393
201506 -0.121 99.500 -0.140
201509 -0.034 100.500 -0.039
201512 0.447 100.600 0.512
201603 -0.388 102.200 -0.437
201606 -0.074 101.400 -0.084
201609 -0.105 102.400 -0.118
201612 0.175 102.600 0.197
201703 -0.295 103.200 -0.329
201706 -0.159 103.100 -0.178
201709 -0.188 104.100 -0.208
201712 0.045 104.500 0.050
201803 -0.278 105.300 -0.304
201806 -0.129 104.900 -0.142
201809 -0.061 106.600 -0.066
201812 0.635 106.500 0.687
201903 -0.201 107.700 -0.215
201906 -0.096 107.700 -0.103
201909 0.004 109.800 0.004
201912 -0.004 111.200 -0.004
202003 -0.420 112.300 -0.431
202006 -0.009 110.400 -0.009
202009 0.101 111.700 0.104
202012 0.464 111.500 0.480
202103 -0.356 112.662 -0.364
202106 0.051 111.769 0.053
202109 -0.331 112.215 -0.340
202112 0.249 113.108 0.254
202203 -0.499 114.335 -0.503
202206 -0.314 114.558 -0.316
202209 -0.329 115.339 -0.329
202212 -0.009 115.116 -0.009
202303 -0.602 115.116 -0.603
202306 -0.152 114.558 -0.153
202309 -0.389 115.339 -0.389
202312 0.030 114.781 0.030
202403 -0.270 115.227 -0.270

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


Beijing Bdstar Navigation Co  (SZSE:002151) 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.


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.


Beijing Bdstar Navigation Co Cyclically Adjusted FCF per Share Related Terms

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Beijing Bdstar Navigation Co (SZSE:002151) Business Description

Traded in Other Exchanges
N/A
Address
No.7, Fengxian east road, Yongfeng industrial base, Haidian District, Beijing, CHN, 100094
Beijing Bdstar Navigation Co Ltd operates in the satellite navigation industry. The company provides navigation and positioning products, solutions and services for users around the world. Its product line consists of fundamental products, automotive electronics, and specialized application. Bdstar's fundamental product line focuses on the development, application, and promotion of navigation positioning chips, modules, boards, antennas and MWDC components. Bdstar's automotive electronics include infotainment system, reconfigurable instrument cluster, display audio, and radios. In addition, the company also provides industry application and operational services.

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