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Holitech Technology Co (SZSE:002217) Cyclically Adjusted FCF per Share : ¥-0.29 (As of Mar. 2024)


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What is Holitech Technology 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.

Holitech Technology Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.006. 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 ¥-0.29 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 3.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 0.40% 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 Holitech Technology Co was 3.10% per year. The lowest was -32.10% per year. And the median was -7.80% per year.

As of today (2024-05-26), Holitech Technology Co's current stock price is ¥1.43. Holitech Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.29. Holitech Technology Co's Cyclically Adjusted Price-to-FCF of today is .


Holitech Technology Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Holitech Technology 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.

Holitech Technology Co Cyclically Adjusted FCF per Share Chart

Holitech Technology 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 -0.30 -0.33 -0.31 -0.31 -0.30

Holitech Technology 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 -0.30 -0.30 -0.30 -0.30 -0.29

Competitive Comparison of Holitech Technology Co's Cyclically Adjusted FCF per Share

For the Chemicals subindustry, Holitech Technology 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.


Holitech Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Holitech Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Holitech Technology 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, Holitech Technology 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)
=-0.006/115.2271*115.2271
=-0.006

Current CPI (Mar. 2024) = 115.2271.

Holitech Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.014 98.200 -0.016
201409 -0.123 98.900 -0.143
201412 -0.025 99.000 -0.029
201503 0.000 99.900 0.000
201506 -0.021 99.500 -0.024
201509 0.054 100.500 0.062
201512 -0.020 100.600 -0.023
201603 -0.043 102.200 -0.048
201606 -0.199 101.400 -0.226
201609 -0.308 102.400 -0.347
201612 0.351 102.600 0.394
201703 -0.720 103.200 -0.804
201706 0.019 103.100 0.021
201709 -0.255 104.100 -0.282
201712 0.120 104.500 0.132
201803 -0.367 105.300 -0.402
201806 -0.163 104.900 -0.179
201809 -0.433 106.600 -0.468
201812 0.172 106.500 0.186
201903 -0.137 107.700 -0.147
201906 -0.011 107.700 -0.012
201909 -0.033 109.800 -0.035
201912 0.079 111.200 0.082
202003 -0.306 112.300 -0.314
202006 0.106 110.400 0.111
202009 -0.054 111.700 -0.056
202012 -0.240 111.500 -0.248
202103 -0.023 112.662 -0.024
202106 0.000 111.769 0.000
202109 0.015 112.215 0.015
202112 0.125 113.108 0.127
202203 -0.113 114.335 -0.114
202206 -0.157 114.558 -0.158
202209 -0.066 115.339 -0.066
202212 0.292 115.116 0.292
202303 0.042 115.116 0.042
202306 -0.051 114.558 -0.051
202309 -0.075 115.339 -0.075
202312 0.083 114.781 0.083
202403 -0.006 115.227 -0.006

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


Holitech Technology Co  (SZSE:002217) 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.


Holitech Technology Co Cyclically Adjusted FCF per Share Related Terms

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


Holitech Technology Co (SZSE:002217) Business Description

Traded in Other Exchanges
N/A
Address
No. 36, Dongfeng Road, Wuyuan County, Shandong Province, Zibo, CHN, 256120
Holitech Technology Co Ltd Ltd is engaged in the manufacture and sale of non-organic chemical products and chemical fertilizers. It is also engaged in development of electronic touch products.
Executives
Chen Hai Yuan Securities Affairs Representative
Wen Kai Fu Director
Wang Yuan Kun Director
Ceng Xiao Li Supervisors
Wang Yi Ming Director
Wang Ling Hong Supervisors
Li De Jun Directors, executives
Wang Chong De Supervisors
Fang Jing Directors, executives
Pang Shi Sen Directors, executives
Liu Zhu Qing Director
Zhao Xi Yun Director
Qi Yuan Shan Supervisors

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