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Yantai Shuangta Food Co (SZSE:002481) Cyclically Adjusted FCF per Share : ¥-0.17 (As of Mar. 2024)


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What is Yantai Shuangta Food 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.

Yantai Shuangta Food Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥0.020. 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 ¥-0.17 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 5.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 7.70% 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 Yantai Shuangta Food Co was 10.90% per year. The lowest was 5.30% per year. And the median was 9.60% per year.

As of today (2024-06-04), Yantai Shuangta Food Co's current stock price is ¥4.58. Yantai Shuangta Food Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.17. Yantai Shuangta Food Co's Cyclically Adjusted Price-to-FCF of today is .


Yantai Shuangta Food Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Yantai Shuangta Food 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.

Yantai Shuangta Food Co Cyclically Adjusted FCF per Share Chart

Yantai Shuangta Food 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 -0.23 -0.20 -0.17 -0.17 -0.17

Yantai Shuangta Food 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 -0.18 -0.16 -0.16 -0.17 -0.17

Competitive Comparison of Yantai Shuangta Food Co's Cyclically Adjusted FCF per Share

For the Packaged Foods subindustry, Yantai Shuangta Food 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.


Yantai Shuangta Food Co's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yantai Shuangta Food Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Yantai Shuangta Food 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, Yantai Shuangta Food 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)
=0.02/115.2271*115.2271
=0.020

Current CPI (Mar. 2024) = 115.2271.

Yantai Shuangta Food Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.072 98.200 0.084
201409 0.057 98.900 0.066
201412 -1.506 99.000 -1.753
201503 -0.009 99.900 -0.010
201506 -0.133 99.500 -0.154
201509 0.020 100.500 0.023
201512 0.106 100.600 0.121
201603 -0.023 102.200 -0.026
201606 -0.003 101.400 -0.003
201609 0.044 102.400 0.050
201612 0.187 102.600 0.210
201703 -0.077 103.200 -0.086
201706 -0.089 103.100 -0.099
201709 0.014 104.100 0.015
201712 0.102 104.500 0.112
201803 -0.203 105.300 -0.222
201806 0.072 104.900 0.079
201809 0.038 106.600 0.041
201812 0.045 106.500 0.049
201903 0.015 107.700 0.016
201906 0.212 107.700 0.227
201909 0.013 109.800 0.014
201912 -0.362 111.200 -0.375
202003 -0.063 112.300 -0.065
202006 -0.073 110.400 -0.076
202009 0.228 111.700 0.235
202012 0.046 111.500 0.048
202103 0.069 112.662 0.071
202106 -0.151 111.769 -0.156
202109 -0.029 112.215 -0.030
202112 -0.016 113.108 -0.016
202203 -0.248 114.335 -0.250
202206 -0.080 114.558 -0.080
202209 -0.021 115.339 -0.021
202212 0.207 115.116 0.207
202303 -0.020 115.116 -0.020
202306 0.123 114.558 0.124
202309 0.033 115.339 0.033
202312 -0.080 114.781 -0.080
202403 0.020 115.227 0.020

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


Yantai Shuangta Food Co  (SZSE:002481) 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.


Yantai Shuangta Food Co Cyclically Adjusted FCF per Share Related Terms

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


Yantai Shuangta Food Co (SZSE:002481) Business Description

Traded in Other Exchanges
N/A
Address
Jinling Town, Zhaoyuan city, Shandong province, CHN, 265404
Yantai Shuangta Food Co Ltd is engaged in the production of vermicelli in China. The company's main products include pure bean vermicelli, grain vermicelli, sweet potato vermicelli, pea protein, dietary fiber and edible fungus, among others.
Executives
Li Yu Lin Directors, executives
Liu Shu Xian Director
Ma Ju Ping Supervisors
Yang Jun Min Director
Sui Jun Mei Directors, executives
Zhang Dai Min Directors, executives
Ma Dian Yun Supervisors
Zhao Xue Wei Independent director
Li Na Jun Securities Affairs Representative
Wang Mei Rong Supervisors
Shao Wan Bin Director

Yantai Shuangta Food Co (SZSE:002481) Headlines

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