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Beijingnfo Outdoor Products Co (SZSE:002780) Cyclically Adjusted FCF per Share : ¥-0.42 (As of Mar. 2024)


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What is Beijingnfo Outdoor Products 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.

Beijingnfo Outdoor Products Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.158. 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 ¥-0.42 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 (2024-05-25), Beijingnfo Outdoor Products Co's current stock price is ¥10.48. Beijingnfo Outdoor Products Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.42. Beijingnfo Outdoor Products Co's Cyclically Adjusted Price-to-FCF of today is .


Beijingnfo Outdoor Products Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Beijingnfo Outdoor Products 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.

Beijingnfo Outdoor Products Co Cyclically Adjusted FCF per Share Chart

Beijingnfo Outdoor Products 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 - - - - -0.41

Beijingnfo Outdoor Products 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 - -0.46 -0.48 -0.41 -0.42

Competitive Comparison of Beijingnfo Outdoor Products Co's Cyclically Adjusted FCF per Share

For the Specialty Retail subindustry, Beijingnfo Outdoor Products 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.


Beijingnfo Outdoor Products Co's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Beijingnfo Outdoor Products Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Beijingnfo Outdoor Products Co's Cyclically Adjusted Price-to-FCF falls into.



Beijingnfo Outdoor Products 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, Beijingnfo Outdoor Products 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)
=-0.158/115.2271*115.2271
=-0.158

Current CPI (Mar. 2024) = 115.2271.

Beijingnfo Outdoor Products Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.267 98.600 -0.312
201409 0.000 98.900 0.000
201412 0.000 99.000 0.000
201503 -0.273 99.900 -0.315
201506 0.339 99.500 0.393
201509 -0.302 100.500 -0.346
201512 0.347 100.600 0.397
201603 -0.355 102.200 -0.400
201606 0.096 101.400 0.109
201609 -0.292 102.400 -0.329
201612 0.572 102.600 0.642
201703 -0.428 103.200 -0.478
201706 -0.616 103.100 -0.688
201709 -0.190 104.100 -0.210
201712 0.135 104.500 0.149
201803 -0.109 105.300 -0.119
201806 0.181 104.900 0.199
201809 -0.110 106.600 -0.119
201812 0.129 106.500 0.140
201903 -0.212 107.700 -0.227
201906 -0.055 107.700 -0.059
201909 -0.463 109.800 -0.486
201912 0.108 111.200 0.112
202003 -0.517 112.300 -0.530
202006 0.147 110.400 0.153
202009 -0.524 111.700 -0.541
202012 -0.172 111.500 -0.178
202103 -0.190 112.662 -0.194
202106 -0.050 111.769 -0.052
202109 -0.253 112.215 -0.260
202112 0.095 113.108 0.097
202203 -0.191 114.335 -0.192
202206 -0.086 114.558 -0.087
202209 -0.195 115.339 -0.195
202212 -0.075 115.116 -0.075
202303 -0.035 115.116 -0.035
202306 0.028 114.558 0.028
202309 -0.316 115.339 -0.316
202312 0.510 114.781 0.512
202403 -0.158 115.227 -0.158

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


Beijingnfo Outdoor Products Co  (SZSE:002780) 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.


Beijingnfo Outdoor Products Co Cyclically Adjusted FCF per Share Related Terms

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


Beijingnfo Outdoor Products Co (SZSE:002780) Business Description

Traded in Other Exchanges
N/A
Address
Liaoning Hotel, No1, De Wai Road, Floor 5, Xicheng District, Beijing, CHN
Beijing Sanfo Outdoor Products Co Ltd operates domestic retail stores. Its business also includes outdoor product research and development agent sales; outdoor event organization and operation; design and operation of outdoor sports camp and youth outdoor experience teaching Education. Its products are divided into three categories: outdoor clothing, outdoor footwear, and outdoor equipment.
Executives
Zhang Heng Directors, executives
Sun Lei Directors, executives
Zhao Dong Wei Director
Zhang Chao Hui Executives
Jia Li Ling Executives
Zhou Chun Hong Directors, Directors, and Executives
Wang Jing Securities Affairs Representative
Lu Hong Yi Supervisors
Zhu Yan Hua Director
Wang Jian Director

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