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Shenzhen Dvision Co (SZSE:300167) Cyclically Adjusted FCF per Share : ¥-0.08 (As of Mar. 2024)


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What is Shenzhen Dvision 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.

Shenzhen Dvision Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥0.028. 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 ¥-0.08 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 13.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 13.10% 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 Shenzhen Dvision Co was 13.70% per year. The lowest was 12.30% per year. And the median was 12.60% per year.

As of today (2024-05-20), Shenzhen Dvision Co's current stock price is ¥1.71. Shenzhen Dvision Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.08. Shenzhen Dvision Co's Cyclically Adjusted Price-to-FCF of today is .


Shenzhen Dvision Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Shenzhen Dvision 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.

Shenzhen Dvision Co Cyclically Adjusted FCF per Share Chart

Shenzhen Dvision 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 -0.30 -0.28 -0.25 -0.20 -0.18

Shenzhen Dvision 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 -0.17 -0.17 -0.15 -0.18 -0.08

Competitive Comparison of Shenzhen Dvision Co's Cyclically Adjusted FCF per Share

For the Communication Equipment subindustry, Shenzhen Dvision 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.


Shenzhen Dvision Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Dvision Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Shenzhen Dvision 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, Shenzhen Dvision 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)
=0.028/115.2271*115.2271
=0.028

Current CPI (Mar. 2024) = 115.2271.

Shenzhen Dvision Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.205 98.200 -0.241
201409 -0.148 98.900 -0.172
201412 -0.139 99.000 -0.162
201503 0.231 99.900 0.266
201506 -0.022 99.500 -0.025
201509 -0.171 100.500 -0.196
201512 0.060 100.600 0.069
201603 -0.128 102.200 -0.144
201606 0.079 101.400 0.090
201609 -0.438 102.400 -0.493
201612 0.099 102.600 0.111
201703 0.030 103.200 0.033
201706 -0.179 103.100 -0.200
201709 0.031 104.100 0.034
201712 -0.107 104.500 -0.118
201803 -0.199 105.300 -0.218
201806 -0.084 104.900 -0.092
201809 0.037 106.600 0.040
201812 0.220 106.500 0.238
201903 -0.079 107.700 -0.085
201906 -0.039 107.700 -0.042
201909 0.267 109.800 0.280
201912 0.264 111.200 0.274
202003 -0.223 112.300 -0.229
202006 0.049 110.400 0.051
202009 0.142 111.700 0.146
202012 0.177 111.500 0.183
202103 -0.051 112.662 -0.052
202106 0.062 111.769 0.064
202109 0.004 112.215 0.004
202112 0.014 113.108 0.014
202203 -0.072 114.335 -0.073
202206 -0.061 114.558 -0.061
202209 -0.096 115.339 -0.096
202212 -0.033 115.116 -0.033
202303 -0.051 115.116 -0.051
202306 0.038 114.558 0.038
202309 -0.027 115.339 -0.027
202312 0.052 114.781 0.052
202403 0.028 115.227 0.028

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


Shenzhen Dvision Co  (SZSE:300167) 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.


Shenzhen Dvision Co Cyclically Adjusted FCF per Share Related Terms

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


Shenzhen Dvision Co (SZSE:300167) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 1089, Chaguang Road, Room 306-1, 306-2, 307-2, Shenzhen IC Design and Application Industrial Park, Nanshan District, Shenzhen, CHN, 518057
Shenzhen Dvision Co Ltd is engaged in the providing urban intelligent services, smart upgrades in industries like agriculture, planning, design, construction, and operation of new parks.

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