GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CEC Environmental Protection Co Ltd (SZSE:300172) » Definitions » Cyclically Adjusted FCF per Share

CEC Environmental Protection Co (SZSE:300172) Cyclically Adjusted FCF per Share : ¥0.03 (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is CEC Environmental Protection 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.

CEC Environmental Protection Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥0.094. 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 ¥0.03 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CEC Environmental Protection Co's average Cyclically Adjusted FCF Growth Rate was 50.00% 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 CEC Environmental Protection Co was 20.60% per year. The lowest was 20.60% per year. And the median was 20.60% per year.

As of today (2024-05-22), CEC Environmental Protection Co's current stock price is ¥5.12. CEC Environmental Protection Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.03. CEC Environmental Protection Co's Cyclically Adjusted Price-to-FCF of today is 170.67.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of CEC Environmental Protection Co was 546.00. The lowest was 174.00. And the median was 245.00.


CEC Environmental Protection Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for CEC Environmental Protection 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.

CEC Environmental Protection Co Cyclically Adjusted FCF per Share Chart

CEC Environmental Protection 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 -0.02 -0.01 0.01 0.02

CEC Environmental Protection 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 0.02 0.02 - 0.02 0.03

Competitive Comparison of CEC Environmental Protection Co's Cyclically Adjusted FCF per Share

For the Pollution & Treatment Controls subindustry, CEC Environmental Protection 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.


CEC Environmental Protection Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CEC Environmental Protection Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where CEC Environmental Protection Co's Cyclically Adjusted Price-to-FCF falls into.



CEC Environmental Protection 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, CEC Environmental Protection 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)
=0.094/115.2271*115.2271
=0.094

Current CPI (Mar. 2024) = 115.2271.

CEC Environmental Protection Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.020 98.200 0.023
201409 -0.028 98.900 -0.033
201412 0.087 99.000 0.101
201503 -0.061 99.900 -0.070
201506 -0.016 99.500 -0.019
201509 0.008 100.500 0.009
201512 0.133 100.600 0.152
201603 -0.073 102.200 -0.082
201606 -0.065 101.400 -0.074
201609 0.059 102.400 0.066
201612 -0.057 102.600 -0.064
201703 -0.078 103.200 -0.087
201706 -0.006 103.100 -0.007
201709 -0.142 104.100 -0.157
201712 0.061 104.500 0.067
201803 -0.061 105.300 -0.067
201806 -0.006 104.900 -0.007
201809 -0.067 106.600 -0.072
201812 0.112 106.500 0.121
201903 -0.081 107.700 -0.087
201906 0.010 107.700 0.011
201909 0.008 109.800 0.008
201912 0.079 111.200 0.082
202003 -0.090 112.300 -0.092
202006 0.020 110.400 0.021
202009 0.020 111.700 0.021
202012 0.108 111.500 0.112
202103 -0.011 112.662 -0.011
202106 0.012 111.769 0.012
202109 -0.078 112.215 -0.080
202112 0.128 113.108 0.130
202203 -0.040 114.335 -0.040
202206 0.152 114.558 0.153
202209 0.029 115.339 0.029
202212 -0.013 115.116 -0.013
202303 0.048 115.116 0.048
202306 -0.089 114.558 -0.090
202309 0.000 115.339 0.000
202312 0.177 114.781 0.178
202403 0.094 115.227 0.094

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


CEC Environmental Protection Co  (SZSE:300172) 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.

CEC Environmental Protection Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5.12/0.03
=170.67

* 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 CEC Environmental Protection Co was 546.00. The lowest was 174.00. And the median was 245.00.


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.


CEC Environmental Protection Co Cyclically Adjusted FCF per Share Related Terms

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


CEC Environmental Protection Co (SZSE:300172) Business Description

Traded in Other Exchanges
N/A
Address
Number 1800, Chengxin Street, Nanjing (Environmental Concentration Zone), Jiangning District, Nanjing, CHN, 211102
CEC Environmental Protection Co Ltd is engaged in the provision of water processing system solutions, water processing equipment system integration and contract construction of related engineering for industrial projects of thermal power, nuclear power, petrochemical, coal chemical, metallurgy and other industries. The company provides condensate polishing, water supply treatment, wastewater treatment, water vapor centralized monitoring and chemical injection lines, industrial flue gas treatment, municipal sludge treatment, municipal sewage treatment and others.

CEC Environmental Protection Co (SZSE:300172) Headlines

No Headlines