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Do-Fluoride New Materials Co (SZSE:002407) Cyclically Adjusted FCF per Share : ¥-0.45 (As of Mar. 2024)


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What is Do-Fluoride New Materials 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.

Do-Fluoride New Materials Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.813. 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 ¥-0.45 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 1.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 6.20% 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 Do-Fluoride New Materials Co was 20.60% per year. The lowest was 1.80% per year. And the median was 13.40% per year.

As of today (2024-06-08), Do-Fluoride New Materials Co's current stock price is ¥12.96. Do-Fluoride New Materials Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.45. Do-Fluoride New Materials Co's Cyclically Adjusted Price-to-FCF of today is .


Do-Fluoride New Materials Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Do-Fluoride New Materials 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.

Do-Fluoride New Materials Co Cyclically Adjusted FCF per Share Chart

Do-Fluoride New Materials 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 -0.40 -0.38 -0.19 -0.26 -0.36

Do-Fluoride New Materials 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 -0.31 -0.26 -0.31 -0.36 -0.45

Competitive Comparison of Do-Fluoride New Materials Co's Cyclically Adjusted FCF per Share

For the Chemicals subindustry, Do-Fluoride New Materials 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.


Do-Fluoride New Materials Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

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

* The bar in red indicates where Do-Fluoride New Materials Co's Cyclically Adjusted Price-to-FCF falls into.



Do-Fluoride New Materials 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, Do-Fluoride New Materials 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)
=-0.813/115.2271*115.2271
=-0.813

Current CPI (Mar. 2024) = 115.2271.

Do-Fluoride New Materials Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.096 98.200 -0.113
201409 0.154 98.900 0.179
201412 -0.230 99.000 -0.268
201503 0.040 99.900 0.046
201506 -0.110 99.500 -0.127
201509 0.000 100.500 0.000
201512 -0.056 100.600 -0.064
201603 -0.230 102.200 -0.259
201606 -0.071 101.400 -0.081
201609 0.032 102.400 0.036
201612 -0.049 102.600 -0.055
201703 -0.206 103.200 -0.230
201706 0.025 103.100 0.028
201709 -0.247 104.100 -0.273
201712 -0.234 104.500 -0.258
201803 -0.392 105.300 -0.429
201806 -0.207 104.900 -0.227
201809 0.169 106.600 0.183
201812 0.243 106.500 0.263
201903 -0.170 107.700 -0.182
201906 -0.284 107.700 -0.304
201909 -0.112 109.800 -0.118
201912 0.325 111.200 0.337
202003 -0.062 112.300 -0.064
202006 0.079 110.400 0.082
202009 -0.270 111.700 -0.279
202012 -0.191 111.500 -0.197
202103 -0.048 112.662 -0.049
202106 -0.112 111.769 -0.115
202109 0.331 112.215 0.340
202112 0.539 113.108 0.549
202203 -0.214 114.335 -0.216
202206 -0.423 114.558 -0.425
202209 -0.135 115.339 -0.135
202212 0.022 115.116 0.022
202303 -0.542 115.116 -0.543
202306 0.455 114.558 0.458
202309 -0.574 115.339 -0.573
202312 -0.492 114.781 -0.494
202403 -0.813 115.227 -0.813

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


Do-Fluoride New Materials Co  (SZSE:002407) 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.


Do-Fluoride New Materials Co Cyclically Adjusted FCF per Share Related Terms

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Do-Fluoride New Materials Co (SZSE:002407) Business Description

Traded in Other Exchanges
N/A
Address
Jiake Road, Zhongzhan District, Henan Province, Jiaozuo, CHN, 454191
Do-Fluoride New Materials Co Ltd, formerly Do-Fluoride Chemicals Co Ltd is engaged in the research, production, and sale of fluoride products in China. The company's products are used in the aeronautics and astronautics, electronics, and agriculture industries.
Executives
Li Yun Feng Directors, executives
Li Ling Yun Director
Li Shi Jiang Director
Han Shi Jun Directors, executives
Wang Yi Hao Supervisors
Zhao Yong Feng Executives
Hao Jian Tang Executives
Chen Xiang Ju Supervisors
Li Juan Supervisors
Yang Hua Chun Executives
Yuan Qiu Yu Securities Affairs Representative
Cheng Li Jing Executives
Xu Sui Jun Supervisors
Zhao Shuang Cheng Supervisors
Chen Yan Director

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