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Foshan Golden Milky Way Intelligent Equipment Co (SZSE:300619) Cyclically Adjusted FCF per Share : ¥-1.70 (As of Mar. 2025)


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What is Foshan Golden Milky Way Intelligent 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.

Foshan Golden Milky Way Intelligent Equipment Co's adjusted free cash flow per share for the three months ended in Mar. 2025 was ¥-0.298. 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 ¥-1.70 for the trailing ten years ended in Mar. 2025.

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 (2025-05-19), Foshan Golden Milky Way Intelligent Equipment Co's current stock price is ¥25.37. Foshan Golden Milky Way Intelligent Equipment Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was ¥-1.70. Foshan Golden Milky Way Intelligent Equipment Co's Cyclically Adjusted Price-to-FCF of today is .


Foshan Golden Milky Way Intelligent Equipment Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Foshan Golden Milky Way Intelligent 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.

Foshan Golden Milky Way Intelligent Equipment Co Cyclically Adjusted FCF per Share Chart

Foshan Golden Milky Way Intelligent Equipment Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -1.71

Foshan Golden Milky Way Intelligent Equipment Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - -1.60 -1.69 -1.71 -1.70

Competitive Comparison of Foshan Golden Milky Way Intelligent Equipment Co's Cyclically Adjusted FCF per Share

For the Specialty Industrial Machinery subindustry, Foshan Golden Milky Way Intelligent 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.


Foshan Golden Milky Way Intelligent Equipment Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Foshan Golden Milky Way Intelligent Equipment Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Foshan Golden Milky Way Intelligent Equipment Co's Cyclically Adjusted Price-to-FCF falls into.


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Foshan Golden Milky Way Intelligent 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, Foshan Golden Milky Way Intelligent Equipment Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.298/115.1156*115.1156
=-0.298

Current CPI (Mar. 2025) = 115.1156.

Foshan Golden Milky Way Intelligent Equipment Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 98.200 0.000
201412 0.000 99.000 0.000
201512 0.000 100.600 0.000
201603 -0.214 102.200 -0.241
201606 0.348 101.400 0.395
201609 -0.121 102.400 -0.136
201612 0.033 102.600 0.037
201703 -0.279 103.200 -0.311
201706 0.047 103.100 0.052
201709 -0.363 104.100 -0.401
201712 -0.617 104.500 -0.680
201803 -0.259 105.300 -0.283
201806 0.053 104.900 0.058
201809 -0.402 106.600 -0.434
201812 -0.941 106.500 -1.017
201903 0.170 107.700 0.182
201906 -0.597 107.700 -0.638
201909 -0.042 109.800 -0.044
201912 0.126 111.200 0.130
202003 -0.856 112.300 -0.877
202006 -0.787 110.400 -0.821
202009 -1.229 111.700 -1.267
202012 0.339 111.500 0.350
202103 0.202 112.662 0.206
202106 -1.012 111.769 -1.042
202109 0.567 112.215 0.582
202112 -0.167 113.108 -0.170
202203 -0.392 114.335 -0.395
202206 0.298 114.558 0.299
202209 0.911 115.339 0.909
202212 0.861 115.116 0.861
202303 -1.151 115.116 -1.151
202306 -2.688 114.558 -2.701
202309 -3.292 115.339 -3.286
202312 2.004 114.781 2.010
202403 -1.781 115.227 -1.779
202406 -2.062 114.781 -2.068
202409 -1.003 115.785 -0.997
202412 -0.795 114.893 -0.797
202503 -0.298 115.116 -0.298

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


Foshan Golden Milky Way Intelligent Equipment Co  (SZSE:300619) 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.


Foshan Golden Milky Way Intelligent Equipment Co Cyclically Adjusted FCF per Share Related Terms

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Foshan Golden Milky Way Intelligent Equipment Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1, 2, 4, 5, 6 and 7 of Baoyun Road, Southwest Street, Sanshui District, Guangdong Province, Foshan, CHN, 528100
Foshan Golden Milky Way Intelligent Equipment Co Ltd is engaged in the research, development, design, and production of intelligent systems for measuring, mixing, dispersing, reacting, filling, packaging, on-line inspection, and central control. Its products are mainly used in silicone and polymer compounds, lithium battery industry, biochemistry and other fields.
Executives
Xiong Ren Feng Directors, executives
Liang Ke Directors, executives
Wang Bao Hua Supervisors
Zhang Qi Fa Directors, executives
Lang Xiang Fei Directors, executives
Yu Dan Xian Supervisors

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