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Jiangsu Yitong High-Tech Co (SZSE:300211) Cyclically Adjusted FCF per Share : ¥0.08 (As of Mar. 2024)


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What is Jiangsu Yitong High-Tech 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.

Jiangsu Yitong High-Tech Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.103. 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 12 months, Jiangsu Yitong High-Tech Co's average Cyclically Adjusted FCF Growth Rate was 14.30% 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.

As of today (2024-06-07), Jiangsu Yitong High-Tech Co's current stock price is ¥5.32. Jiangsu Yitong High-Tech Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.08. Jiangsu Yitong High-Tech Co's Cyclically Adjusted Price-to-FCF of today is 66.50.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Jiangsu Yitong High-Tech Co was 532.50. The lowest was 62.25. And the median was 134.50.


Jiangsu Yitong High-Tech Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Jiangsu Yitong High-Tech 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.

Jiangsu Yitong High-Tech Co Cyclically Adjusted FCF per Share Chart

Jiangsu Yitong High-Tech 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 -0.01 0.05 0.06 0.08

Jiangsu Yitong High-Tech 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 0.07 0.07 0.08 0.08 0.08

Competitive Comparison of Jiangsu Yitong High-Tech Co's Cyclically Adjusted FCF per Share

For the Communication Equipment subindustry, Jiangsu Yitong High-Tech 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.


Jiangsu Yitong High-Tech Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

* The bar in red indicates where Jiangsu Yitong High-Tech Co's Cyclically Adjusted Price-to-FCF falls into.



Jiangsu Yitong High-Tech 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, Jiangsu Yitong High-Tech 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)
=-0.103/115.2271*115.2271
=-0.103

Current CPI (Mar. 2024) = 115.2271.

Jiangsu Yitong High-Tech Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.045 98.200 -0.053
201409 -0.035 98.900 -0.041
201412 0.131 99.000 0.152
201503 -0.100 99.900 -0.115
201506 -0.015 99.500 -0.017
201509 0.010 100.500 0.011
201512 0.161 100.600 0.184
201603 -0.067 102.200 -0.076
201606 -0.001 101.400 -0.001
201609 0.017 102.400 0.019
201612 0.087 102.600 0.098
201703 -0.007 103.200 -0.008
201706 -0.022 103.100 -0.025
201709 -0.005 104.100 -0.006
201712 0.056 104.500 0.062
201803 -0.020 105.300 -0.022
201806 0.037 104.900 0.041
201809 0.070 106.600 0.076
201812 0.087 106.500 0.094
201903 0.014 107.700 0.015
201906 0.081 107.700 0.087
201909 0.036 109.800 0.038
201912 0.106 111.200 0.110
202003 0.034 112.300 0.035
202006 0.042 110.400 0.044
202009 0.035 111.700 0.036
202012 0.004 111.500 0.004
202103 -0.008 112.662 -0.008
202106 0.001 111.769 0.001
202109 0.019 112.215 0.020
202112 0.101 113.108 0.103
202203 -0.097 114.335 -0.098
202206 0.088 114.558 0.089
202209 -0.100 115.339 -0.100
202212 0.077 115.116 0.077
202303 0.002 115.116 0.002
202306 0.023 114.558 0.023
202309 0.017 115.339 0.017
202312 0.053 114.781 0.053
202403 -0.103 115.227 -0.103

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


Jiangsu Yitong High-Tech Co  (SZSE:300211) 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.

Jiangsu Yitong High-Tech Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5.32/0.08
=66.50

* 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 Jiangsu Yitong High-Tech Co was 532.50. The lowest was 62.25. And the median was 134.50.


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.


Jiangsu Yitong High-Tech Co Cyclically Adjusted FCF per Share Related Terms

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Jiangsu Yitong High-Tech Co (SZSE:300211) Business Description

Traded in Other Exchanges
N/A
Address
No. 28 Tonglin Road, Jiangsu Province, Changshu, CHN, 215500
Jiangsu Yitong High-Tech Co Ltd researches, develops, manufactures and sells television broadcast equipment. Its products include cable TV network transmission equipment and digital television receiving equipment terminals.
Executives
Huang Wei Dong Supervisors
Chen Xiao Gang Executives
Chen Xiao Xing Directors, executives
Yin Li Supervisors, securities affairs representatives
Shen Qing Yuan Executives
Ma Xiao Dong Directors, executives
Gu Jian Jiang Supervisors
Wang Gui Zhen Secretary, Director
Zou Jian Cai Executives

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