GURUFOCUS.COM » STOCK LIST » Technology » Software » Sichuan Jiuyuan Yinhai Software Co Ltd (SZSE:002777) » Definitions » Cyclically Adjusted FCF per Share

Sichuan Jiuyuan Yinhai Software Co (SZSE:002777) Cyclically Adjusted FCF per Share : ¥0.12 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Sichuan Jiuyuan Yinhai Software 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.

Sichuan Jiuyuan Yinhai Software Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.348. 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 ¥0.12 for the trailing ten years ended in Mar. 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 (2024-06-20), Sichuan Jiuyuan Yinhai Software Co's current stock price is ¥15.56. Sichuan Jiuyuan Yinhai Software Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.12. Sichuan Jiuyuan Yinhai Software Co's Cyclically Adjusted Price-to-FCF of today is 129.67.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Sichuan Jiuyuan Yinhai Software Co was 279.50. The lowest was 100.00. And the median was 151.25.


Sichuan Jiuyuan Yinhai Software Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sichuan Jiuyuan Yinhai Software 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.

Sichuan Jiuyuan Yinhai Software Co Cyclically Adjusted FCF per Share Chart

Sichuan Jiuyuan Yinhai Software 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

Sichuan Jiuyuan Yinhai Software 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 - - 0.10 0.17 0.12

Competitive Comparison of Sichuan Jiuyuan Yinhai Software Co's Cyclically Adjusted FCF per Share

For the Software - Application subindustry, Sichuan Jiuyuan Yinhai Software 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.


Sichuan Jiuyuan Yinhai Software Co's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Sichuan Jiuyuan Yinhai Software Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Sichuan Jiuyuan Yinhai Software Co's Cyclically Adjusted Price-to-FCF falls into.



Sichuan Jiuyuan Yinhai Software 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, Sichuan Jiuyuan Yinhai Software 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)
=-0.348/115.2271*115.2271
=-0.348

Current CPI (Mar. 2024) = 115.2271.

Sichuan Jiuyuan Yinhai Software Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.000 97.624 0.000
201409 0.000 98.900 0.000
201412 0.000 99.000 0.000
201503 -0.169 99.900 -0.195
201506 0.108 99.500 0.125
201509 -0.031 100.500 -0.036
201512 0.392 100.600 0.449
201603 -0.137 102.200 -0.154
201606 -0.060 101.400 -0.068
201609 -0.057 102.400 -0.064
201612 0.325 102.600 0.365
201703 -0.172 103.200 -0.192
201706 -0.004 103.100 -0.004
201709 -0.170 104.100 -0.188
201712 0.523 104.500 0.577
201803 -0.408 105.300 -0.446
201806 -0.015 104.900 -0.016
201809 0.112 106.600 0.121
201812 0.659 106.500 0.713
201903 -0.315 107.700 -0.337
201906 -0.126 107.700 -0.135
201909 0.008 109.800 0.008
201912 0.674 111.200 0.698
202003 -0.576 112.300 -0.591
202006 -0.023 110.400 -0.024
202009 0.118 111.700 0.122
202012 0.597 111.500 0.617
202103 -0.350 112.662 -0.358
202106 0.042 111.769 0.043
202109 -0.068 112.215 -0.070
202112 0.634 113.108 0.646
202203 -0.503 114.335 -0.507
202206 -0.110 114.558 -0.111
202209 -0.160 115.339 -0.160
202212 0.586 115.116 0.587
202303 -0.412 115.116 -0.412
202306 -0.065 114.558 -0.065
202309 -0.080 115.339 -0.080
202312 0.640 114.781 0.642
202403 -0.348 115.227 -0.348

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


Sichuan Jiuyuan Yinhai Software Co  (SZSE:002777) 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.

Sichuan Jiuyuan Yinhai Software Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=15.56/0.12
=129.67

* 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 Sichuan Jiuyuan Yinhai Software Co was 279.50. The lowest was 100.00. And the median was 151.25.


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.


Sichuan Jiuyuan Yinhai Software Co Cyclically Adjusted FCF per Share Related Terms

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


Sichuan Jiuyuan Yinhai Software Co (SZSE:002777) Business Description

Traded in Other Exchanges
N/A
Address
Sansui Road, Building 2, No. 3, Yinhai Core Block, No. 163, High-tech Zone, Jinjiang District, Chengdu, CHN, 610063
Sichuan Jiuyuan Yinhai Software Co Ltd provides enterprise application software solutions and integrated services for livelihood and defense industries. The company's businesses and products coverage of human resources and social security, medical hygiene, provident fund, civil affairs, food and drug supervision, smart city, military and civilian products, and digital military.
Executives
Jiang Hong Executives
Zhan Kai Ming Executives
Yang Cheng Wen Directors, executives
Lian Chun Hua Directors, executives
Qiao Deng Jian Executives
Zhang Wei Executives
Zhou Kai Supervisors
Huang Dan Supervisors
Li Hui Xia Director
Wang Zu Executives
Tian Zhi Yong Executives
Dan Wei Min Executives
Di Jun Zi Executives
Cheng Shu Zhong Supervisors
Hou Chun Mei Supervisors

Sichuan Jiuyuan Yinhai Software Co (SZSE:002777) Headlines

No Headlines