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Zhejiang Yonggui Electric Equipment Co (SZSE:300351) Cyclically Adjusted FCF per Share : ¥-0.16 (As of Sep. 2024)


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What is Zhejiang Yonggui Electric Equipment 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.

Zhejiang Yonggui Electric Equipment Co's adjusted free cash flow per share for the three months ended in Sep. 2024 was ¥-0.175. 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 ¥-0.16 for the trailing ten years ended in Sep. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 2.40% 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 Zhejiang Yonggui Electric Equipment Co was 2.40% per year. The lowest was 2.40% per year. And the median was 2.40% per year.

As of today (2024-10-31), Zhejiang Yonggui Electric Equipment Co's current stock price is ¥17.57. Zhejiang Yonggui Electric Equipment Co's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2024 was ¥-0.16. Zhejiang Yonggui Electric Equipment Co's Cyclically Adjusted Price-to-FCF of today is .


Zhejiang Yonggui Electric Equipment Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Zhejiang Yonggui Electric Equipment 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.

Zhejiang Yonggui Electric Equipment Co Cyclically Adjusted FCF per Share Chart

Zhejiang Yonggui Electric Equipment 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 - -0.14 -0.11 -0.11 -0.13

Zhejiang Yonggui Electric Equipment Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.15 -0.13 -0.17 -0.15 -0.16

Competitive Comparison of Zhejiang Yonggui Electric Equipment Co's Cyclically Adjusted FCF per Share

For the Electrical Equipment & Parts subindustry, Zhejiang Yonggui Electric Equipment 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.


Zhejiang Yonggui Electric Equipment Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Yonggui Electric Equipment Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Zhejiang Yonggui Electric Equipment Co's Cyclically Adjusted Price-to-FCF falls into.



Zhejiang Yonggui Electric Equipment 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, Zhejiang Yonggui Electric Equipment Co's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.175/115.7848*115.7848
=-0.175

Current CPI (Sep. 2024) = 115.7848.

Zhejiang Yonggui Electric Equipment Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.105 99.000 0.123
201503 -0.234 99.900 -0.271
201506 -0.146 99.500 -0.170
201509 -0.168 100.500 -0.194
201512 -0.076 100.600 -0.087
201603 -0.053 102.200 -0.060
201606 -0.085 101.400 -0.097
201609 -0.031 102.400 -0.035
201612 -0.144 102.600 -0.163
201703 -0.134 103.200 -0.150
201706 -0.057 103.100 -0.064
201709 -0.140 104.100 -0.156
201712 0.115 104.500 0.127
201803 -0.043 105.300 -0.047
201806 -0.151 104.900 -0.167
201809 -0.053 106.600 -0.058
201812 0.393 106.500 0.427
201903 -0.145 107.700 -0.156
201906 -0.178 107.700 -0.191
201909 -0.049 109.800 -0.052
201912 0.214 111.200 0.223
202003 -0.006 112.300 -0.006
202006 -0.029 110.400 -0.030
202009 0.000 111.700 0.000
202012 0.206 111.500 0.214
202103 -0.198 112.662 -0.203
202106 0.106 111.769 0.110
202109 0.028 112.215 0.029
202112 0.178 113.108 0.182
202203 -0.142 114.335 -0.144
202206 0.009 114.558 0.009
202209 -0.007 115.339 -0.007
202212 0.146 115.116 0.147
202303 -0.298 115.116 -0.300
202306 0.058 114.558 0.059
202309 -0.154 115.339 -0.155
202312 0.160 114.781 0.161
202403 -0.323 115.227 -0.325
202406 0.107 114.781 0.108
202409 -0.175 115.785 -0.175

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


Zhejiang Yonggui Electric Equipment Co  (SZSE:300351) 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.


Zhejiang Yonggui Electric Equipment Co Cyclically Adjusted FCF per Share Related Terms

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Zhejiang Yonggui Electric Equipment Co Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Dongyuan Road, Western Industrial Park, Baihe Town, Taizhou, Tiantai, CHN, 317201
Zhejiang Yonggui Electric Equipment Co Ltd is engaged in manufacturing connectors used in railways and other vehicle. Its products include circular connector, locomotive connector, wind connector, and electric vehicle connector.
Executives
Fan Yong Gui Director
Zhou Ting Ping Executives
Tu Hai Wen Director
Yang Run Li Supervisors
Xiao Hong Ying Independent director
Fan Zheng Jun Directors, executives
Yu Wen Zhen Secretary Dong
Li Yun Ming Director
Lu Su Zhen Executives
Jia Fei Long Director, Securities Affairs Representative

Zhejiang Yonggui Electric Equipment Co Headlines

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