GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Fenda Technology Co Ltd (SZSE:002681) » Definitions » Cyclically Adjusted FCF per Share

Shenzhen Fenda Technology Co (SZSE:002681) Cyclically Adjusted FCF per Share : ¥-0.03 (As of Jun. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Shenzhen Fenda 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.

Shenzhen Fenda Technology Co's adjusted free cash flow per share for the three months ended in Jun. 2024 was ¥0.022. 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 ¥-0.03 for the trailing ten years ended in Jun. 2024.

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.

As of today (2024-09-22), Shenzhen Fenda Technology Co's current stock price is ¥3.95. Shenzhen Fenda Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was ¥-0.03. Shenzhen Fenda Technology Co's Cyclically Adjusted Price-to-FCF of today is .


Shenzhen Fenda Technology Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Shenzhen Fenda 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.

Shenzhen Fenda Technology Co Cyclically Adjusted FCF per Share Chart

Shenzhen Fenda 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 - - -0.01 -0.03 -0.04

Shenzhen Fenda Technology Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -0.02 -0.03 -0.04 -0.03 -0.03

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

For the Consumer Electronics subindustry, Shenzhen Fenda 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.


Shenzhen Fenda Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Shenzhen Fenda 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, Shenzhen Fenda Technology Co's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.022/114.7809*114.7809
=0.022

Current CPI (Jun. 2024) = 114.7809.

Shenzhen Fenda Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.010 98.900 0.012
201412 0.066 99.000 0.077
201503 -0.024 99.900 -0.028
201506 -0.016 99.500 -0.018
201509 -0.017 100.500 -0.019
201512 -0.030 100.600 -0.034
201603 -0.020 102.200 -0.022
201606 -0.051 101.400 -0.058
201609 0.041 102.400 0.046
201612 -0.159 102.600 -0.178
201703 -0.047 103.200 -0.052
201706 -0.087 103.100 -0.097
201709 -0.012 104.100 -0.013
201712 -0.057 104.500 -0.063
201803 0.226 105.300 0.246
201806 -0.041 104.900 -0.045
201809 -0.094 106.600 -0.101
201812 -0.041 106.500 -0.044
201903 0.019 107.700 0.020
201906 0.107 107.700 0.114
201909 0.021 109.800 0.022
201912 -0.014 111.200 -0.014
202003 0.107 112.300 0.109
202006 -0.049 110.400 -0.051
202009 -0.056 111.700 -0.058
202012 0.079 111.500 0.081
202103 -0.012 112.662 -0.012
202106 -0.119 111.769 -0.122
202109 -0.041 112.215 -0.042
202112 0.031 113.108 0.031
202203 0.011 114.335 0.011
202206 -0.005 114.558 -0.005
202209 -0.003 115.339 -0.003
202212 -0.087 115.116 -0.087
202303 0.015 115.116 0.015
202306 0.018 114.558 0.018
202309 -0.001 115.339 -0.001
202312 -0.021 114.781 -0.021
202403 0.020 115.227 0.020
202406 0.022 114.781 0.022

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


Shenzhen Fenda Technology Co  (SZSE:002681) 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.


Shenzhen Fenda Technology Co Cyclically Adjusted FCF per Share Related Terms

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


Shenzhen Fenda Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Zhoushi Road, Fenda Hi-Tech Park, Shiyan, Baoan district, Shenzhen, CHN, 518108
Shenzhen Fenda Technology Co Ltd is a China-based company engaged in the designs and manufacturing of audio and electro-acoustic devices for global consumers. It offers hardware and integrated solutions to provide services for software development, hardware design, and cloud technology. The product portfolio of the company includes speakers, headphones and other related accessories.
Executives
Xiao Xiao Directors, executives
Xiao Fen Director
Guo Xue Song Supervisors
Xiao Yong Directors, executives
Ceng Xiu Qing Supervisors
Dong Xiao Lin Director
Huang Han Long Supervisors
Wen Zhong Ze Directors, executives
Xie Yu Ping Secretary, Director
Zhou Gui Qing Securities Affairs Representative
Wang Ze Qi Directors, executives

Shenzhen Fenda Technology Co Headlines

No Headlines