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Jiangling Motors (SZSE:200550) Cyclically Adjusted FCF per Share : HK$0.34 (As of Mar. 2024)


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What is Jiangling Motors 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.

Jiangling Motors's adjusted free cash flow per share for the three months ended in Mar. 2024 was HK$-1.135. 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 HK$0.34 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Jiangling Motors's average Cyclically Adjusted FCF Growth Rate was 18.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -5.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -6.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -1.90% 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 Jiangling Motors was 24.90% per year. The lowest was -9.50% per year. And the median was 4.25% per year.

As of today (2024-05-22), Jiangling Motors's current stock price is HK$8.83. Jiangling Motors's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was HK$0.34. Jiangling Motors's Cyclically Adjusted Price-to-FCF of today is 25.97.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Jiangling Motors was 28.41. The lowest was 6.53. And the median was 14.36.


Jiangling Motors Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Jiangling Motors'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.

Jiangling Motors Cyclically Adjusted FCF per Share Chart

Jiangling Motors 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 0.68 0.53 0.74 0.57 0.44

Jiangling Motors 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 0.41 0.50 0.40 0.44 0.34

Competitive Comparison of Jiangling Motors's Cyclically Adjusted FCF per Share

For the Auto Manufacturers subindustry, Jiangling Motors'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.


Jiangling Motors's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Jiangling Motors's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Jiangling Motors's Cyclically Adjusted Price-to-FCF falls into.



Jiangling Motors 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, Jiangling Motors'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)
=-1.135/115.2271*115.2271
=-1.135

Current CPI (Mar. 2024) = 115.2271.

Jiangling Motors Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.483 98.200 0.567
201409 0.093 98.900 0.108
201412 3.150 99.000 3.666
201503 -0.790 99.900 -0.911
201506 0.132 99.500 0.153
201509 -1.268 100.500 -1.454
201512 2.419 100.600 2.771
201603 -0.580 102.200 -0.654
201606 1.230 101.400 1.398
201609 1.021 102.400 1.149
201612 2.879 102.600 3.233
201703 -1.390 103.200 -1.552
201706 -0.299 103.100 -0.334
201709 -1.031 104.100 -1.141
201712 2.255 104.500 2.486
201803 -2.358 105.300 -2.580
201806 0.198 104.900 0.217
201809 -2.300 106.600 -2.486
201812 2.660 106.500 2.878
201903 -0.833 107.700 -0.891
201906 1.657 107.700 1.773
201909 -0.727 109.800 -0.763
201912 1.412 111.200 1.463
202003 -4.318 112.300 -4.431
202006 4.603 110.400 4.804
202009 -0.341 111.700 -0.352
202012 3.113 111.500 3.217
202103 -3.425 112.662 -3.503
202106 2.592 111.769 2.672
202109 -0.982 112.215 -1.008
202112 2.913 113.108 2.968
202203 -4.181 114.335 -4.214
202206 -1.312 114.558 -1.320
202209 1.150 115.339 1.149
202212 0.227 115.116 0.227
202303 -1.520 115.116 -1.521
202306 2.677 114.558 2.693
202309 0.657 115.339 0.656
202312 2.268 114.781 2.277
202403 -1.135 115.227 -1.135

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


Jiangling Motors  (SZSE:200550) 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.

Jiangling Motors's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=8.83/0.34
=25.97

* 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 Jiangling Motors was 28.41. The lowest was 6.53. And the median was 14.36.


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.


Jiangling Motors Cyclically Adjusted FCF per Share Related Terms

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


Jiangling Motors (SZSE:200550) Business Description

Traded in Other Exchanges
Address
No. 509, Northern Yingbin Avenue, Jiangxi Province, Nanchang, CHN, 330001
Jiangling Motors Corp Ltd is an automobile manufacturing company domiciled in China. The company principally manufactures light commercial vehicles such as vans and pickup trucks, heavy commercial vehicles including heavy-duty trucks, sport utility vehicles, engines, castings, and related vehicle components. It derives the vast majority of revenue from commercial vehicles and SUVs. Jiangling Motors produces vehicles under the JMC, Yusheng, and Ford brands. The company earns revenue almost entirely domestically.

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