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Iflytek Co (SZSE:002230) Cyclically Adjusted FCF per Share : ¥-0.51 (As of Mar. 2024)


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What is Iflytek 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.

Iflytek Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.908. 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 ¥-0.51 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -42.10% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -18.80% 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 Iflytek Co was -4.90% per year. The lowest was -42.10% per year. And the median was -11.90% per year.

As of today (2024-06-24), Iflytek Co's current stock price is ¥41.48. Iflytek Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.51. Iflytek Co's Cyclically Adjusted Price-to-FCF of today is .


Iflytek Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Iflytek 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.

Iflytek Co Cyclically Adjusted FCF per Share Chart

Iflytek 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 -0.20 -0.15 -0.22 -0.28 -0.43

Iflytek 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 -0.35 -0.36 -0.38 -0.43 -0.51

Competitive Comparison of Iflytek Co's Cyclically Adjusted FCF per Share

For the Software - Application subindustry, Iflytek 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.


Iflytek Co's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Iflytek Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Iflytek 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, Iflytek 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)
=-0.908/115.2271*115.2271
=-0.908

Current CPI (Mar. 2024) = 115.2271.

Iflytek Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.071 98.200 -0.083
201409 -0.003 98.900 -0.003
201412 0.090 99.000 0.105
201503 -0.274 99.900 -0.316
201506 -0.038 99.500 -0.044
201509 -0.006 100.500 -0.007
201512 0.086 100.600 0.099
201603 -0.176 102.200 -0.198
201606 -0.316 101.400 -0.359
201609 -0.039 102.400 -0.044
201612 0.101 102.600 0.113
201703 -0.413 103.200 -0.461
201706 -0.195 103.100 -0.218
201709 -0.067 104.100 -0.074
201712 0.360 104.500 0.397
201803 -0.507 105.300 -0.555
201806 -0.235 104.900 -0.258
201809 -0.129 106.600 -0.139
201812 0.580 106.500 0.628
201903 -0.483 107.700 -0.517
201906 -0.183 107.700 -0.196
201909 -0.084 109.800 -0.088
201912 0.501 111.200 0.519
202003 -0.486 112.300 -0.499
202006 -0.247 110.400 -0.258
202009 0.144 111.700 0.149
202012 0.995 111.500 1.028
202103 -0.666 112.662 -0.681
202106 -0.553 111.769 -0.570
202109 -0.195 112.215 -0.200
202112 0.768 113.108 0.782
202203 -0.788 114.335 -0.794
202206 -0.403 114.558 -0.405
202209 0.053 115.339 0.053
202212 0.408 115.116 0.408
202303 -0.721 115.116 -0.722
202306 -0.201 114.558 -0.202
202309 -0.129 115.339 -0.129
202312 -0.421 114.781 -0.423
202403 -0.908 115.227 -0.908

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


Iflytek Co  (SZSE:002230) 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.


Iflytek Co Cyclically Adjusted FCF per Share Related Terms

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


Iflytek Co (SZSE:002230) Business Description

Industry
Traded in Other Exchanges
N/A
Address
National Intelligent Speech High-tech Industrialization Base, No. 666, Wangjiang Road West, Anhui Province, Hefei, CHN, 230088
Iflytek Co Ltd is a software enterprise, which is dedicated towards research of intelligent speech and language technologies. The speech technologies comprise speech synthesis and speech recognition to enable human-machine speech communication as convenient as human-human communication. In addition, the speech technologies also include oral language evaluation, speech coding, timbre transformation and noise reduction.
Executives
Liu Qing Feng Director
Shu Hua Ying Independent director
Hu Yu Directors, executives
Chen Tao Directors, executives
Wu Xiao Ru Directors, executives
Jiang Tao Directors, executives
Nie Xiao Lin Directors, executives
Du Lan Executives
Zhang Shao Bing Executives
Zhang Lan Supervisors
Zhao Hui Fang Independent director
Xu Yu Lin Supervisors
Yan Jun Supervisors
Li Jian Independent director
Yang Rui Securities Affairs Representative

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