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Beijing Enlight Media Co (SZSE:300251) Cyclically Adjusted FCF per Share : ¥0.12 (As of Mar. 2024)


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What is Beijing Enlight Media 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.

Beijing Enlight Media Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.030. 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 ¥0.12 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Beijing Enlight Media Co's average Cyclically Adjusted FCF Growth Rate was -7.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 6.30% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Beijing Enlight Media Co was 8.40% per year. The lowest was 6.30% per year. And the median was 7.35% per year.

As of today (2024-06-03), Beijing Enlight Media Co's current stock price is ¥9.00. Beijing Enlight Media Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.12. Beijing Enlight Media Co's Cyclically Adjusted Price-to-FCF of today is 75.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Beijing Enlight Media Co was 218.50. The lowest was 48.50. And the median was 82.02.


Beijing Enlight Media Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Beijing Enlight Media 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.

Beijing Enlight Media Co Cyclically Adjusted FCF per Share Chart

Beijing Enlight Media 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 0.11 0.10 0.13 0.14 0.12

Beijing Enlight Media 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 0.13 0.12 0.11 0.12 0.12

Competitive Comparison of Beijing Enlight Media Co's Cyclically Adjusted FCF per Share

For the Entertainment subindustry, Beijing Enlight Media 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.


Beijing Enlight Media Co's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Beijing Enlight Media Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Beijing Enlight Media Co's Cyclically Adjusted Price-to-FCF falls into.



Beijing Enlight Media 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, Beijing Enlight Media 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)
=-0.03/115.2271*115.2271
=-0.030

Current CPI (Mar. 2024) = 115.2271.

Beijing Enlight Media Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.017 98.200 0.020
201409 -0.088 98.900 -0.103
201412 0.049 99.000 0.057
201503 -0.011 99.900 -0.013
201506 -0.076 99.500 -0.088
201509 0.013 100.500 0.015
201512 0.225 100.600 0.258
201603 0.089 102.200 0.100
201606 0.212 101.400 0.241
201609 -0.119 102.400 -0.134
201612 0.073 102.600 0.082
201703 0.113 103.200 0.126
201706 -0.041 103.100 -0.046
201709 -0.080 104.100 -0.089
201712 -0.022 104.500 -0.024
201803 0.006 105.300 0.007
201806 -0.070 104.900 -0.077
201809 -0.041 106.600 -0.044
201812 -0.062 106.500 -0.067
201903 -0.243 107.700 -0.260
201906 0.165 107.700 0.177
201909 0.490 109.800 0.514
201912 0.176 111.200 0.182
202003 -0.117 112.300 -0.120
202006 -0.064 110.400 -0.067
202009 0.009 111.700 0.009
202012 0.203 111.500 0.210
202103 0.014 112.662 0.014
202106 0.083 111.769 0.086
202109 0.123 112.215 0.126
202112 -0.045 113.108 -0.046
202203 0.005 114.335 0.005
202206 0.020 114.558 0.020
202209 -0.001 115.339 -0.001
202212 -0.027 115.116 -0.027
202303 0.006 115.116 0.006
202306 0.034 114.558 0.034
202309 0.013 115.339 0.013
202312 0.143 114.781 0.144
202403 -0.030 115.227 -0.030

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


Beijing Enlight Media Co  (SZSE:300251) 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.

Beijing Enlight Media Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=9.00/0.12
=75.00

* 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 Beijing Enlight Media Co was 218.50. The lowest was 48.50. And the median was 82.02.


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.


Beijing Enlight Media Co Cyclically Adjusted FCF per Share Related Terms

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


Beijing Enlight Media Co (SZSE:300251) Business Description

Traded in Other Exchanges
N/A
Address
3Floor, No.3 Building, No.11 Hepingli East Street, Beijing, CHN, 100013
Beijing Enlight Media Co Ltd is a China-based company engages in the provision of multimedia video content services. Its main business is TV programs and film investment, making and distributing. TV programs including regular TV programs and acting activities broadcasted on television. Acting activities generally are broadcasted on television, belonging to the special type of TV program and drama series.
Executives
Li Xiao Ping Directors, executives
Ceng Yan Executives
Yuan Ruo Wei Supervisors
Wang Zhang Tian Directors, executives
Wang Jian Executives
Li De Lai Directors, executives
Zhang Hang Supervisors
Bao Fan Director

Beijing Enlight Media Co (SZSE:300251) Headlines

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