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Qingdao Hanhe Cable Co (SZSE:002498) Cyclically Adjusted FCF per Share : ¥0.00 (As of Mar. 2024)


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What is Qingdao Hanhe Cable Co Cyclically Adjusted FCF per Share?

Note: As Cyclically Adjusted FCF per Share is a main component used to calculate Cyclically Adjusted Price-to-FCF. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Qingdao Hanhe Cable Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.060. 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 ¥0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Qingdao Hanhe Cable Co's average Cyclically Adjusted FCF Growth Rate was 20.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 26.00% 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 Qingdao Hanhe Cable Co was 81.70% per year. The lowest was 26.00% per year. And the median was 53.85% per year.

As of today (2024-04-29), Qingdao Hanhe Cable Co's current stock price is ¥3.76. Qingdao Hanhe Cable Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.00. Qingdao Hanhe Cable Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Qingdao Hanhe Cable Co was 377.00. The lowest was 49.29. And the median was 78.00.


Qingdao Hanhe Cable Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Qingdao Hanhe Cable 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.

Qingdao Hanhe Cable Co Cyclically Adjusted FCF per Share Chart

Qingdao Hanhe Cable 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 0.02 0.05 0.06 0.04 -

Qingdao Hanhe Cable 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 0.06 0.05 0.06 - -

Competitive Comparison of Qingdao Hanhe Cable Co's Cyclically Adjusted FCF per Share

For the Electrical Equipment & Parts subindustry, Qingdao Hanhe Cable 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.


Qingdao Hanhe Cable Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Qingdao Hanhe Cable Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Qingdao Hanhe Cable 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, Qingdao Hanhe Cable 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)
=-0.06/114.6694*114.6694
=-0.060

Current CPI (Mar. 2024) = 114.6694.

Qingdao Hanhe Cable Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.020 98.200 -0.023
201409 0.018 98.900 0.021
201412 0.088 99.000 0.102
201503 0.074 99.900 0.085
201506 -0.025 99.500 -0.029
201509 -0.074 100.500 -0.084
201512 0.030 100.600 0.034
201603 0.009 102.200 0.010
201606 0.063 101.400 0.071
201609 -0.038 102.400 -0.043
201612 0.023 102.600 0.026
201703 -0.056 103.200 -0.062
201706 -0.044 103.100 -0.049
201709 -0.097 104.100 -0.107
201712 0.118 104.500 0.129
201803 -0.030 105.300 -0.033
201806 -0.088 104.900 -0.096
201809 0.084 106.600 0.090
201812 0.196 106.500 0.211
201903 0.006 107.700 0.006
201906 -0.068 107.700 -0.072
201909 0.020 109.800 0.021
201912 0.152 111.200 0.157
202003 -0.002 112.300 -0.002
202006 0.109 110.400 0.113
202009 -0.086 111.700 -0.088
202012 0.224 111.500 0.230
202103 0.022 112.662 0.022
202106 -0.154 111.769 -0.158
202109 -0.053 112.215 -0.054
202112 0.152 113.108 0.154
202203 -0.090 114.335 -0.090
202206 -0.064 114.558 -0.064
202209 -0.037 115.339 -0.037
202212 0.120 115.116 0.120
202303 0.022 115.116 0.022
202306 -0.039 114.558 -0.039
202309 0.057 115.339 0.057
202312 0.221 114.669 0.221
202403 -0.060 114.669 -0.060

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


Qingdao Hanhe Cable Co  (SZSE:002498) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Qingdao Hanhe Cable Co was 377.00. The lowest was 49.29. And the median was 78.00.


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.


Qingdao Hanhe Cable Co Cyclically Adjusted FCF per Share Related Terms

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Qingdao Hanhe Cable Co (SZSE:002498) Business Description

Traded in Other Exchanges
N/A
Address
No.6 Lishan(E) Industrial Park, Qingdao, Shandong, CHN, 266102
Qingdao Hanhe Cable Co Ltd is engaged in the research, development, and manufacture of wires and cables in China. The company offers power cables, cable accessories, submarine cables, optical power composite cables, electrical equipment wires and cables, overhead conductors, communication cables, radio-frequency cables, bus bar and prefabricated branch cables, nuclear plant cables, fire-resistant cables, and DC series cables.

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