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Shanghai Jin Jiang International Hotel (Group) Co (SHSE:600754) Cyclically Adjusted FCF per Share : ¥1.60 (As of Dec. 2023)


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What is Shanghai Jin Jiang International Hotel (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.

Shanghai Jin Jiang International Hotel (Group) Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was ¥0.521. 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 ¥1.60 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Shanghai Jin Jiang International Hotel (Group) Co's average Cyclically Adjusted FCF Growth Rate was 36.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 19.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 10.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 26.50% 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 Shanghai Jin Jiang International Hotel (Group) Co was 53.60% per year. The lowest was -2.00% per year. And the median was 14.90% per year.

As of today (2024-04-29), Shanghai Jin Jiang International Hotel (Group) Co's current stock price is ¥28.84. Shanghai Jin Jiang International Hotel (Group) Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ¥1.60. Shanghai Jin Jiang International Hotel (Group) Co's Cyclically Adjusted Price-to-FCF of today is 18.03.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Shanghai Jin Jiang International Hotel (Group) Co was 234.41. The lowest was 15.47. And the median was 55.26.


Shanghai Jin Jiang International Hotel (Group) Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Shanghai Jin Jiang International Hotel (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.

Shanghai Jin Jiang International Hotel (Group) Co Cyclically Adjusted FCF per Share Chart

Shanghai Jin Jiang International Hotel (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 1.07 0.94 1.08 1.17 1.60

Shanghai Jin Jiang International Hotel (Group) Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.17 1.29 1.36 1.56 1.60

Competitive Comparison of Shanghai Jin Jiang International Hotel (Group) Co's Cyclically Adjusted FCF per Share

For the Lodging subindustry, Shanghai Jin Jiang International Hotel (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.


Shanghai Jin Jiang International Hotel (Group) Co's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shanghai Jin Jiang International Hotel (Group) Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Shanghai Jin Jiang International Hotel (Group) Co's Cyclically Adjusted Price-to-FCF falls into.



Shanghai Jin Jiang International Hotel (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, Shanghai Jin Jiang International Hotel (Group) Co's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.521/114.6694*114.6694
=0.521

Current CPI (Dec. 2023) = 114.6694.

Shanghai Jin Jiang International Hotel (Group) Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.075 98.600 -0.087
201406 0.110 98.200 0.128
201409 0.162 98.900 0.188
201412 0.078 99.000 0.090
201503 -0.065 99.900 -0.075
201506 0.183 99.500 0.211
201509 0.377 100.500 0.430
201512 0.083 100.600 0.095
201603 0.059 102.200 0.066
201606 0.362 101.400 0.409
201609 0.869 102.400 0.973
201612 0.290 102.600 0.324
201703 0.196 103.200 0.218
201706 0.756 103.100 0.841
201709 0.998 104.100 1.099
201712 0.599 104.500 0.657
201803 -0.020 105.300 -0.022
201806 1.172 104.900 1.281
201809 0.894 106.600 0.962
201812 0.549 106.500 0.591
201903 -0.244 107.700 -0.260
201906 0.363 107.700 0.386
201909 0.807 109.800 0.843
201912 0.646 111.200 0.666
202003 -1.598 112.300 -1.632
202006 -0.199 110.400 -0.207
202009 0.711 111.700 0.730
202012 0.502 111.500 0.516
202103 -0.583 112.662 -0.593
202106 0.953 111.769 0.978
202109 0.593 112.215 0.606
202112 0.443 113.108 0.449
202203 -0.065 114.335 -0.065
202206 0.472 114.558 0.472
202209 0.642 115.339 0.638
202212 0.072 115.116 0.072
202303 1.086 115.116 1.082
202306 1.079 114.558 1.080
202309 1.390 115.339 1.382
202312 0.521 114.669 0.521

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


Shanghai Jin Jiang International Hotel (Group) Co  (SHSE:600754) 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.

Shanghai Jin Jiang International Hotel (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
=28.84/1.6
=18.03

* 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 Shanghai Jin Jiang International Hotel (Group) Co was 234.41. The lowest was 15.47. And the median was 55.26.


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.


Shanghai Jin Jiang International Hotel (Group) Co Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Shanghai Jin Jiang International Hotel (Group) Co's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Shanghai Jin Jiang International Hotel (Group) Co (SHSE:600754) Business Description

Traded in Other Exchanges
Address
No. 100 Yan an East Road, 26th Floor, Union Building, Shanghai, CHN
Shanghai Jin Jiang International Hotel (Group) Co Ltd is one of the leading hotel group in China, engaged in hotel operation and management, franchising, and the businesses of restaurants, transportation, logistics, and travel agency. The group operates a wide range of hotels, including full-service hotels and select service hotels.

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