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Newcapec Electronics Co (SZSE:300248) Cyclically Adjusted FCF per Share : ¥0.07 (As of Mar. 2024)


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What is Newcapec Electronics 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.

Newcapec Electronics Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.256. 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 ¥0.07 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Newcapec Electronics Co's average Cyclically Adjusted FCF Growth Rate was 40.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 10.10% 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 Newcapec Electronics Co was 20.50% per year. The lowest was 10.10% per year. And the median was 15.30% per year.

As of today (2024-06-22), Newcapec Electronics Co's current stock price is ¥6.58. Newcapec Electronics Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.07. Newcapec Electronics Co's Cyclically Adjusted Price-to-FCF of today is 94.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Newcapec Electronics Co was 1578.00. The lowest was 81.50. And the median was 202.80.


Newcapec Electronics Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Newcapec Electronics 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.

Newcapec Electronics Co Cyclically Adjusted FCF per Share Chart

Newcapec Electronics 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 0.04 0.06 0.08 0.07 0.08

Newcapec Electronics 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 0.05 0.04 0.04 0.08 0.07

Competitive Comparison of Newcapec Electronics Co's Cyclically Adjusted FCF per Share

For the Scientific & Technical Instruments subindustry, Newcapec Electronics 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.


Newcapec Electronics Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

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



Newcapec Electronics 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, Newcapec Electronics 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)
=-0.256/115.2271*115.2271
=-0.256

Current CPI (Mar. 2024) = 115.2271.

Newcapec Electronics Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.107 98.200 -0.126
201409 -0.060 98.900 -0.070
201412 0.153 99.000 0.178
201503 -0.098 99.900 -0.113
201506 -0.064 99.500 -0.074
201509 -0.009 100.500 -0.010
201512 0.321 100.600 0.368
201603 -0.119 102.200 -0.134
201606 -0.036 101.400 -0.041
201609 -0.009 102.400 -0.010
201612 0.447 102.600 0.502
201703 -0.200 103.200 -0.223
201706 -0.073 103.100 -0.082
201709 -0.076 104.100 -0.084
201712 0.359 104.500 0.396
201803 -0.297 105.300 -0.325
201806 -0.059 104.900 -0.065
201809 -0.122 106.600 -0.132
201812 0.514 106.500 0.556
201903 -0.237 107.700 -0.254
201906 -0.065 107.700 -0.070
201909 -0.073 109.800 -0.077
201912 0.628 111.200 0.651
202003 -0.247 112.300 -0.253
202006 0.041 110.400 0.043
202009 0.009 111.700 0.009
202012 0.454 111.500 0.469
202103 -0.206 112.662 -0.211
202106 -0.116 111.769 -0.120
202109 0.007 112.215 0.007
202112 0.453 113.108 0.461
202203 -0.333 114.335 -0.336
202206 -0.125 114.558 -0.126
202209 -0.076 115.339 -0.076
202212 0.383 115.116 0.383
202303 -0.335 115.116 -0.335
202306 -0.124 114.558 -0.125
202309 -0.085 115.339 -0.085
202312 0.439 114.781 0.441
202403 -0.256 115.227 -0.256

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


Newcapec Electronics Co  (SZSE:300248) 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.

Newcapec Electronics Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=6.58/0.07
=94.00

* 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 Newcapec Electronics Co was 1578.00. The lowest was 81.50. And the median was 202.80.


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.


Newcapec Electronics Co Cyclically Adjusted FCF per Share Related Terms

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


Newcapec Electronics Co (SZSE:300248) Business Description

Traded in Other Exchanges
N/A
Address
18 Yingchun Street, High-tech Industrial Development Zone, Henan Province, Zhengzhou, CHN, 450001
Newcapec Electronics Co Ltd is a Chinese company engaged in the development, production, and distribution of smart card applications, which are widely used in schools, financial institutions, and the telecom industry. It offers products such as electronic payment products, identification products, smart hydropower products, radio frequency identification products, smart gas meter products and power carrier products.
Executives
Yang Wen Shou Executives
Yang Wei Guo Directors, executives
Fu Qiu Sheng Directors, executives
Zhao Li Bin Directors, executives
Du Jian Ping Executives
Shang Wei Guo Directors, executives
Liu En Chen Supervisors
Fu Chang Shun Executives
Wang Shi Qing Independent director
Hua Meng Yang Directors, executives
Wang Bao Ling Supervisors
Zhao Xin Securities Affairs Representative
Gao Jian Ming Director

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