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Wintime Energy Group Co (SHSE:600157) Cyclically Adjusted FCF per Share : ¥0.13 (As of Mar. 2024)


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What is Wintime Energy Group 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.

Wintime Energy Group Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥0.041. 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 ¥0.13 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Wintime Energy Group Co's average Cyclically Adjusted FCF Growth Rate was -100.00% 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 Wintime Energy Group Co was 37.00% per year. The lowest was -26.00% per year. And the median was -14.50% per year.

As of today (2024-04-27), Wintime Energy Group Co's current stock price is ¥1.34. Wintime Energy Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.13. Wintime Energy Group Co's Cyclically Adjusted Price-to-FCF of today is 10.31.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Wintime Energy Group Co was 78.50. The lowest was 9.57. And the median was 22.38.


Wintime Energy Group Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Wintime Energy Group 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.

Wintime Energy Group Co Cyclically Adjusted FCF per Share Chart

Wintime Energy Group 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 -0.01 0.03 0.08 0.11 0.13

Wintime Energy Group 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 0.11 0.13 0.14 0.13 0.13

Competitive Comparison of Wintime Energy Group Co's Cyclically Adjusted FCF per Share

For the Thermal Coal subindustry, Wintime Energy Group 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.


Wintime Energy Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Wintime Energy Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Wintime Energy Group Co's Cyclically Adjusted Price-to-FCF falls into.



Wintime Energy Group 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, Wintime Energy Group 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)
=0.041/114.6694*114.6694
=0.041

Current CPI (Mar. 2024) = 114.6694.

Wintime Energy Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.049 98.200 0.057
201409 0.014 98.900 0.016
201412 0.055 99.000 0.064
201503 0.039 99.900 0.045
201506 0.023 99.500 0.027
201509 0.011 100.500 0.013
201512 -0.016 100.600 -0.018
201603 0.018 102.200 0.020
201606 -0.007 101.400 -0.008
201609 -0.015 102.400 -0.017
201612 -0.200 102.600 -0.224
201703 -0.057 103.200 -0.063
201706 0.061 103.100 0.068
201709 0.019 104.100 0.021
201712 0.003 104.500 0.003
201803 0.044 105.300 0.048
201806 0.048 104.900 0.052
201809 0.039 106.600 0.042
201812 0.036 106.500 0.039
201903 0.058 107.700 0.062
201906 0.072 107.700 0.077
201909 0.051 109.800 0.053
201912 0.022 111.200 0.023
202003 0.035 112.300 0.036
202006 0.031 110.400 0.032
202009 0.059 111.700 0.061
202012 0.049 111.500 0.050
202103 0.034 112.662 0.035
202106 0.048 111.769 0.049
202109 0.055 112.215 0.056
202112 0.061 113.108 0.062
202203 0.040 114.335 0.040
202206 0.078 114.558 0.078
202209 0.014 115.339 0.014
202212 0.071 115.116 0.071
202303 0.037 115.116 0.037
202306 0.077 114.558 0.077
202309 0.074 115.339 0.074
202312 0.087 114.669 0.087
202403 0.041 114.669 0.041

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


Wintime Energy Group Co  (SHSE:600157) 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.

Wintime Energy Group Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1.34/0.13
=10.31

* 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 Wintime Energy Group Co was 78.50. The lowest was 9.57. And the median was 22.38.


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.


Wintime Energy Group Co Cyclically Adjusted FCF per Share Related Terms

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Wintime Energy Group Co (SHSE:600157) Business Description

Traded in Other Exchanges
N/A
Address
No. 79 Cuifeng Road, Lingshi County, Shanxi Province, Jinzhong, CHN, 030006
Wintime Energy Group Co Ltd is a comprehensive energy company. It is mainly engaged in coal, electric power, petrochemical and other energy industries, and its main business has formed a comprehensive energy management pattern that complements coal and electricity.

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