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Hangzhou Century Co (SZSE:300078) Cyclically Adjusted FCF per Share : ¥-0.13 (As of Mar. 2024)


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What is Hangzhou Century 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.

Hangzhou Century Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥0.023. 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 ¥-0.13 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -13.00% 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 Hangzhou Century Co was -13.00% per year. The lowest was -95.70% per year. And the median was -54.35% per year.

As of today (2024-06-20), Hangzhou Century Co's current stock price is ¥2.33. Hangzhou Century Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.13. Hangzhou Century Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hangzhou Century Co was 1041.00. The lowest was 432.00. And the median was 894.00.


Hangzhou Century Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Hangzhou Century 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.

Hangzhou Century Co Cyclically Adjusted FCF per Share Chart

Hangzhou Century 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 -0.02 -0.09 -0.11 -0.15 -0.13

Hangzhou Century 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 -0.14 -0.14 -0.14 -0.13 -0.13

Competitive Comparison of Hangzhou Century Co's Cyclically Adjusted FCF per Share

For the Security & Protection Services subindustry, Hangzhou Century 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.


Hangzhou Century Co's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hangzhou Century Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Hangzhou Century 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, Hangzhou Century 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)
=0.023/115.2271*115.2271
=0.023

Current CPI (Mar. 2024) = 115.2271.

Hangzhou Century Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.025 98.200 -0.029
201409 -0.017 98.900 -0.020
201412 -0.008 99.000 -0.009
201503 -0.029 99.900 -0.033
201506 0.043 99.500 0.050
201509 0.108 100.500 0.124
201512 -0.004 100.600 -0.005
201603 -0.024 102.200 -0.027
201606 -0.001 101.400 -0.001
201609 0.001 102.400 0.001
201612 0.073 102.600 0.082
201703 -0.094 103.200 -0.105
201706 0.039 103.100 0.044
201709 -0.049 104.100 -0.054
201712 0.240 104.500 0.265
201803 -0.137 105.300 -0.150
201806 -0.064 104.900 -0.070
201809 0.022 106.600 0.024
201812 0.081 106.500 0.088
201903 -0.246 107.700 -0.263
201906 -0.028 107.700 -0.030
201909 -0.023 109.800 -0.024
201912 -0.021 111.200 -0.022
202003 -0.212 112.300 -0.218
202006 -0.078 110.400 -0.081
202009 0.092 111.700 0.095
202012 -0.434 111.500 -0.449
202103 -0.277 112.662 -0.283
202106 0.167 111.769 0.172
202109 -0.116 112.215 -0.119
202112 0.057 113.108 0.058
202203 -0.215 114.335 -0.217
202206 -0.111 114.558 -0.112
202209 -0.067 115.339 -0.067
202212 0.084 115.116 0.084
202303 0.049 115.116 0.049
202306 -0.050 114.558 -0.050
202309 -0.040 115.339 -0.040
202312 0.024 114.781 0.024
202403 0.023 115.227 0.023

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


Hangzhou Century Co  (SZSE:300078) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hangzhou Century Co was 1041.00. The lowest was 432.00. And the median was 894.00.


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.


Hangzhou Century Co Cyclically Adjusted FCF per Share Related Terms

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


Hangzhou Century Co (SZSE:300078) Business Description

Traded in Other Exchanges
N/A
Address
Shangcheng Economic, Scientific & Technological Park, 1418-48 Moganshan Road, Gongshu, Hangzhou, CHN
Hangzhou Century Co Ltd is engaged in providing electronic article surveillance (EAS) solutions and services. It also specializes in Radio Frequency Identification System (RFID) standardization, as well as the development and services of customized hardware products and industry application solutions. The company's EAS; Digital Display (ESL); Security Display; RFID and Source Tagging.
Executives
Wang Lin Executives
Lu Nan Director
Zhang Ji Directors, executives
Shou Jin Hua Supervisors
Wang Jun Supervisors
Zhang Li Zhong Directors, executives
Zhou Wei Li Executives
Shang Wei Executives
Yu Guo Hua Directors, executives
Lan Zong Zhu Director
Chen Wu Jun Directors, executives
Jiang Shi Ping Director
Wang Yong Supervisors

Hangzhou Century Co (SZSE:300078) Headlines

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