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Shandong Xiantan Co (SZSE:002746) Cyclically Adjusted FCF per Share : ¥0.09 (As of Mar. 2024)


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What is Shandong Xiantan 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.

Shandong Xiantan Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.549. 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 ¥0.09 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shandong Xiantan Co's average Cyclically Adjusted FCF Growth Rate was -43.80% 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.

As of today (2024-06-09), Shandong Xiantan Co's current stock price is ¥6.04. Shandong Xiantan Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.09. Shandong Xiantan Co's Cyclically Adjusted Price-to-FCF of today is 67.11.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Shandong Xiantan Co was 74.33. The lowest was 42.07. And the median was 49.61.


Shandong Xiantan Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Shandong Xiantan 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.

Shandong Xiantan Co Cyclically Adjusted FCF per Share Chart

Shandong Xiantan 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 - - - 0.17 0.14

Shandong Xiantan 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 0.16 0.17 0.16 0.14 0.09

Competitive Comparison of Shandong Xiantan Co's Cyclically Adjusted FCF per Share

For the Farm Products subindustry, Shandong Xiantan 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.


Shandong Xiantan Co's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

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

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



Shandong Xiantan 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, Shandong Xiantan 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)
=-0.549/115.2271*115.2271
=-0.549

Current CPI (Mar. 2024) = 115.2271.

Shandong Xiantan Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.024 98.200 -0.028
201409 0.008 98.900 0.009
201412 0.119 99.000 0.139
201503 -0.009 99.900 -0.010
201506 0.069 99.500 0.080
201509 -0.007 100.500 -0.008
201512 -0.010 100.600 -0.011
201603 -0.099 102.200 -0.112
201606 0.113 101.400 0.128
201609 0.159 102.400 0.179
201612 0.046 102.600 0.052
201703 -0.056 103.200 -0.063
201706 0.158 103.100 0.177
201709 0.005 104.100 0.006
201712 0.005 104.500 0.006
201803 -0.085 105.300 -0.093
201806 -0.114 104.900 -0.125
201809 0.257 106.600 0.278
201812 0.460 106.500 0.498
201903 0.093 107.700 0.099
201906 0.282 107.700 0.302
201909 0.504 109.800 0.529
201912 0.292 111.200 0.303
202003 0.038 112.300 0.039
202006 0.064 110.400 0.067
202009 0.033 111.700 0.034
202012 -0.077 111.500 -0.080
202103 -0.063 112.662 -0.064
202106 -0.281 111.769 -0.290
202109 -0.059 112.215 -0.061
202112 -0.342 113.108 -0.348
202203 -0.212 114.335 -0.214
202206 -0.066 114.558 -0.066
202209 0.333 115.339 0.333
202212 -0.086 115.116 -0.086
202303 -0.086 115.116 -0.086
202306 0.184 114.558 0.185
202309 -0.093 115.339 -0.093
202312 -0.147 114.781 -0.148
202403 -0.549 115.227 -0.549

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


Shandong Xiantan Co  (SZSE:002746) 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.

Shandong Xiantan Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=6.04/0.09
=67.11

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Shandong Xiantan Co was 74.33. The lowest was 42.07. And the median was 49.61.


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.


Shandong Xiantan Co Cyclically Adjusted FCF per Share Related Terms

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Shandong Xiantan Co (SZSE:002746) Business Description

Traded in Other Exchanges
N/A
Address
Zhangping Industrial Park, Shandong Province (Chengdong), Xining, CHN, 264117
Shandong Xiantan Co Ltd is engaged in the agricultural industrialization integrating feed processing, parental broiler chicken farming, chick hatching, commercial broiler-type chicken farming, slaughtering, and deep-processing. The company's product profile includes Segmented Chicken, Bean Products, Feed Product, Frozen Fresh Food, Prepared Food, and others.
Executives
Wang Shou Chun Director
Li Cun Ming Independent director

Shandong Xiantan Co (SZSE:002746) Headlines

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