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Est Tools Co (SZSE:300488) Cyclically Adjusted FCF per Share : ¥0.19 (As of Mar. 2024)


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What is Est Tools 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.

Est Tools Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥0.091. 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 ¥0.19 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Est Tools Co's average Cyclically Adjusted FCF Growth Rate was 18.80% 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 (2024-05-28), Est Tools Co's current stock price is ¥21.31. Est Tools Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.19. Est Tools Co's Cyclically Adjusted Price-to-FCF of today is 112.16.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Est Tools Co was 164.44. The lowest was 86.75. And the median was 135.12.


Est Tools Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Est Tools 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.

Est Tools Co Cyclically Adjusted FCF per Share Chart

Est Tools 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 - - - - 0.20

Est Tools 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 0.16 0.17 0.20 0.19

Competitive Comparison of Est Tools Co's Cyclically Adjusted FCF per Share

For the Tools & Accessories subindustry, Est Tools 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.


Est Tools Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

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



Est Tools 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, Est Tools 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)
=0.091/115.2271*115.2271
=0.091

Current CPI (Mar. 2024) = 115.2271.

Est Tools Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.165 98.200 0.194
201409 0.124 98.900 0.144
201412 0.116 99.000 0.135
201503 0.091 99.900 0.105
201506 -0.034 99.500 -0.039
201509 0.012 100.500 0.014
201512 0.127 100.600 0.145
201603 -0.098 102.200 -0.110
201606 0.128 101.400 0.145
201609 0.097 102.400 0.109
201612 0.054 102.600 0.061
201703 -0.056 103.200 -0.063
201706 -0.019 103.100 -0.021
201709 -0.172 104.100 -0.190
201712 -0.080 104.500 -0.088
201803 -0.069 105.300 -0.076
201806 0.011 104.900 0.012
201809 0.044 106.600 0.048
201812 -0.161 106.500 -0.174
201903 0.041 107.700 0.044
201906 0.012 107.700 0.013
201909 0.037 109.800 0.039
201912 -0.076 111.200 -0.079
202003 -0.229 112.300 -0.235
202006 0.007 110.400 0.007
202009 -0.014 111.700 -0.014
202012 0.014 111.500 0.014
202103 0.144 112.662 0.147
202106 0.065 111.769 0.067
202109 0.009 112.215 0.009
202112 0.358 113.108 0.365
202203 -0.022 114.335 -0.022
202206 0.569 114.558 0.572
202209 0.056 115.339 0.056
202212 0.084 115.116 0.084
202303 -0.148 115.116 -0.148
202306 0.103 114.558 0.104
202309 0.119 115.339 0.119
202312 0.309 114.781 0.310
202403 0.091 115.227 0.091

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


Est Tools Co  (SZSE:300488) 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.

Est Tools Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=21.31/0.19
=112.16

* 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 Est Tools Co was 164.44. The lowest was 86.75. And the median was 135.12.


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.


Est Tools Co Cyclically Adjusted FCF per Share Related Terms

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


Est Tools Co (SZSE:300488) Business Description

Traded in Other Exchanges
N/A
Address
No. 239 Xinqiao North Road, Wuyuan Town, Zhejiang Province, Jiaxing, CHN, 314300
Est Tools Co Ltd is engaged the company is engaged in the research and development, production and sales of machine tools. The products mainly include precision complex, miscellaneous tools, spline measuring tools, precision cutting tools, and other metal cutting tools and high-precision measuring instruments. The company also offer edge measuring tools, including thread cutters, spline gages, and molding cutters.
Executives
Xu Jian Wei Supervisors
Hu Jin Qiu Securities Affairs Representative
Chen Er Rong Director
Zheng Ji Liang Executives
Zhou Yao Juan Executives
He Qin Song Executives
Yao Hai Feng Executives

Est Tools Co (SZSE:300488) Headlines

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