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Red Phase (SZSE:300427) Cyclically Adjusted FCF per Share : ¥-0.14 (As of Mar. 2024)


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What is Red Phase 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.

Red Phase's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.038. 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 ¥-0.14 for the trailing ten years ended in Mar. 2024.

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 (2024-05-21), Red Phase's current stock price is ¥4.89. Red Phase's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.14. Red Phase's Cyclically Adjusted Price-to-FCF of today is .


Red Phase Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Red Phase'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.

Red Phase Cyclically Adjusted FCF per Share Chart

Red Phase 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

Red Phase 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 -0.24 -0.25 -0.25 -0.14 -0.14

Competitive Comparison of Red Phase's Cyclically Adjusted FCF per Share

For the Electrical Equipment & Parts subindustry, Red Phase'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.


Red Phase's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Red Phase's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Red Phase's Cyclically Adjusted Price-to-FCF falls into.



Red Phase 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, Red Phase'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)
=-0.038/115.2271*115.2271
=-0.038

Current CPI (Mar. 2024) = 115.2271.

Red Phase Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.030 98.200 -0.035
201409 -0.112 98.900 -0.130
201412 0.274 99.000 0.319
201503 -0.142 99.900 -0.164
201506 -0.342 99.500 -0.396
201509 0.121 100.500 0.139
201512 0.301 100.600 0.345
201603 -0.339 102.200 -0.382
201606 -0.051 101.400 -0.058
201609 0.103 102.400 0.116
201612 0.424 102.600 0.476
201703 -0.062 103.200 -0.069
201706 0.121 103.100 0.135
201709 0.139 104.100 0.154
201712 0.546 104.500 0.602
201803 -0.184 105.300 -0.201
201806 -0.123 104.900 -0.135
201809 -0.273 106.600 -0.295
201812 -0.295 106.500 -0.319
201903 -0.348 107.700 -0.372
201906 -0.225 107.700 -0.241
201909 -0.203 109.800 -0.213
201912 -0.596 111.200 -0.618
202003 -0.296 112.300 -0.304
202006 0.299 110.400 0.312
202009 0.008 111.700 0.008
202012 0.466 111.500 0.482
202103 -0.117 112.662 -0.120
202106 -0.435 111.769 -0.448
202109 0.593 112.215 0.609
202112 0.234 113.108 0.238
202203 -0.319 114.335 -0.321
202206 -0.481 114.558 -0.484
202209 -0.243 115.339 -0.243
202212 -0.182 115.116 -0.182
202303 -0.292 115.116 -0.292
202306 -0.215 114.558 -0.216
202309 -0.010 115.339 -0.010
202312 0.993 114.781 0.997
202403 -0.038 115.227 -0.038

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


Red Phase  (SZSE:300427) 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.


Red Phase Cyclically Adjusted FCF per Share Related Terms

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


Red Phase (SZSE:300427) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Unit 1002, No. 3, Nantou Road, Siming District, Fujian Province, Xiamen, CHN, 361008
Red Phase Inc is engaged in the research and application of power system state maintenance technology. It provides its customers with various solutions for power grid state maintenance and intelligent operation.

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