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Kunlun Tech Co (SZSE:300418) Cyclically Adjusted FCF per Share : ¥0.78 (As of Mar. 2024)


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What is Kunlun 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.

Kunlun Tech Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.042. 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 ¥0.78 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kunlun Tech Co's average Cyclically Adjusted FCF Growth Rate was -6.00% 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.

As of today (2024-06-15), Kunlun Tech Co's current stock price is ¥34.10. Kunlun Tech Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.78. Kunlun Tech Co's Cyclically Adjusted Price-to-FCF of today is 43.72.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Kunlun Tech Co was 78.51. The lowest was 17.39. And the median was 46.46.


Kunlun Tech Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Kunlun 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.

Kunlun Tech Co Cyclically Adjusted FCF per Share Chart

Kunlun 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 - - - 0.83 0.79

Kunlun 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 0.83 0.80 0.82 0.79 0.78

Competitive Comparison of Kunlun Tech Co's Cyclically Adjusted FCF per Share

For the Electronic Gaming & Multimedia subindustry, Kunlun 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.


Kunlun Tech Co's Cyclically Adjusted Price-to-FCF Distribution in the Interactive Media Industry

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

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



Kunlun 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, Kunlun 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)
=-0.042/115.2271*115.2271
=-0.042

Current CPI (Mar. 2024) = 115.2271.

Kunlun Tech Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.132 98.200 0.155
201409 0.126 98.900 0.147
201412 0.069 99.000 0.080
201503 -0.127 99.900 -0.146
201506 0.171 99.500 0.198
201509 0.374 100.500 0.429
201512 0.158 100.600 0.181
201603 0.019 102.200 0.021
201606 0.045 101.400 0.051
201609 0.053 102.400 0.060
201612 0.175 102.600 0.197
201703 0.041 103.200 0.046
201706 0.379 103.100 0.424
201709 0.211 104.100 0.234
201712 0.275 104.500 0.303
201803 -0.139 105.300 -0.152
201806 0.409 104.900 0.449
201809 0.679 106.600 0.734
201812 0.354 106.500 0.383
201903 0.148 107.700 0.158
201906 0.298 107.700 0.319
201909 0.264 109.800 0.277
201912 0.297 111.200 0.308
202003 0.626 112.300 0.642
202006 -0.170 110.400 -0.177
202009 0.168 111.700 0.173
202012 0.293 111.500 0.303
202103 0.112 112.662 0.115
202106 0.131 111.769 0.135
202109 0.251 112.215 0.258
202112 0.450 113.108 0.458
202203 0.254 114.335 0.256
202206 0.052 114.558 0.052
202209 0.116 115.339 0.116
202212 0.201 115.116 0.201
202303 0.124 115.116 0.124
202306 -0.010 114.558 -0.010
202309 0.387 115.339 0.387
202312 -0.059 114.781 -0.059
202403 -0.042 115.227 -0.042

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


Kunlun Tech Co  (SZSE:300418) 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.

Kunlun 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
=34.10/0.78
=43.72

* 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 Kunlun Tech Co was 78.51. The lowest was 17.39. And the median was 46.46.


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.


Kunlun Tech Co Cyclically Adjusted FCF per Share Related Terms

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


Kunlun Tech Co (SZSE:300418) Business Description

Traded in Other Exchanges
N/A
Address
No. 46, Xizongbu Hutong, Block B, Mingyang International Center, Dongcheng District, Beijing, CHN, 100005
Kunlun Tech Co Ltd engages in the development and distribution of online games in China. It also operates software application stores. The company develops and distributes web games, social games, mobile games, and software applications. Geographically the company distributes its products in domestic and overseas markets.
Executives
Zhou Ya Hui Director
Wang Li Wei Directors, executives
Fang Han Executives

Kunlun Tech Co (SZSE:300418) Headlines

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