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Sichuan Etrol Technologies Co (SZSE:300370) Cyclically Adjusted FCF per Share : ¥-0.17 (As of Mar. 2024)


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What is Sichuan Etrol Technologies 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.

Sichuan Etrol Technologies Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.014. 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 ¥-0.17 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 5.00% 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 Sichuan Etrol Technologies Co was 9.60% per year. The lowest was 5.00% per year. And the median was 7.30% per year.

As of today (2024-05-24), Sichuan Etrol Technologies Co's current stock price is ¥1.79. Sichuan Etrol Technologies Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.17. Sichuan Etrol Technologies Co's Cyclically Adjusted Price-to-FCF of today is .


Sichuan Etrol Technologies Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sichuan Etrol Technologies 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.

Sichuan Etrol Technologies Co Cyclically Adjusted FCF per Share Chart

Sichuan Etrol Technologies 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 -0.23 -0.21 -0.19 -0.17 -0.18

Sichuan Etrol Technologies 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 -0.16 -0.17 -0.16 -0.18 -0.17

Competitive Comparison of Sichuan Etrol Technologies Co's Cyclically Adjusted FCF per Share

For the Scientific & Technical Instruments subindustry, Sichuan Etrol Technologies 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.


Sichuan Etrol Technologies Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

* The bar in red indicates where Sichuan Etrol Technologies Co's Cyclically Adjusted Price-to-FCF falls into.



Sichuan Etrol Technologies 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, Sichuan Etrol Technologies 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)
=-0.014/115.2271*115.2271
=-0.014

Current CPI (Mar. 2024) = 115.2271.

Sichuan Etrol Technologies Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.070 98.200 -0.082
201409 -0.063 98.900 -0.073
201412 0.086 99.000 0.100
201503 -0.078 99.900 -0.090
201506 -0.027 99.500 -0.031
201509 0.029 100.500 0.033
201512 -0.038 100.600 -0.044
201603 -0.027 102.200 -0.030
201606 -0.054 101.400 -0.061
201609 -0.044 102.400 -0.050
201612 -0.111 102.600 -0.125
201703 -0.194 103.200 -0.217
201706 -0.080 103.100 -0.089
201709 -0.245 104.100 -0.271
201712 -0.144 104.500 -0.159
201803 -0.216 105.300 -0.236
201806 -0.143 104.900 -0.157
201809 -0.147 106.600 -0.159
201812 0.120 106.500 0.130
201903 -0.008 107.700 -0.009
201906 0.154 107.700 0.165
201909 0.040 109.800 0.042
201912 0.011 111.200 0.011
202003 -0.020 112.300 -0.021
202006 -0.012 110.400 -0.013
202009 0.020 111.700 0.021
202012 -0.029 111.500 -0.030
202103 -0.026 112.662 -0.027
202106 -0.001 111.769 -0.001
202109 -0.021 112.215 -0.022
202112 0.008 113.108 0.008
202203 -0.008 114.335 -0.008
202206 0.040 114.558 0.040
202209 0.005 115.339 0.005
202212 -0.044 115.116 -0.044
202303 -0.030 115.116 -0.030
202306 -0.035 114.558 -0.035
202309 -0.070 115.339 -0.070
202312 -0.016 114.781 -0.016
202403 -0.014 115.227 -0.014

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


Sichuan Etrol Technologies Co  (SZSE:300370) 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.


Sichuan Etrol Technologies Co Cyclically Adjusted FCF per Share Related Terms

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


Sichuan Etrol Technologies Co (SZSE:300370) Business Description

Traded in Other Exchanges
N/A
Address
Building 9, Jinrun Industrial Park, Xuzhou District, Sichuan Province, Yibin, CHN, 100095
Sichuan Etrol Technologies Co Ltd is a Chinese manufacturer of automation products. Its products include DCS, RTU, instruments, environment protection equipment, skid-mounted equipment and application software, and others. The company offers solutions to customers in various industries, covering Oil & Gas, Chemical Industry, Coal bed Methane (CBM), water and waste water, heating, city gas, power plant, environment protection, robot, intelligent building, smart granary, smart city, among others.
Executives
Zhong Xiao Kang Supervisors
Li Shi Qiang Supervisors
Zhang Lei Directors, executives
Li Chun Fu Directors, Directors, and Executives
Wang Wen Ming Director
Zhang Bin Executives
Yu Ling Director
Dong Ai Min Director
Zhuang Gui Lin Director
Wang Bin Executives
Zhuo Ming Director
Song Wei Hong Director
Nie Rong Xin Secretary Dong
Liu Xiao Liang Supervisors
Zhang Jian Ping Supervisors

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