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Datang International Power Generation Co (SHSE:601991) Cyclically Adjusted FCF per Share : ¥0.12 (As of Dec. 2023)


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What is Datang International Power Generation 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.

Datang International Power Generation Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was ¥-0.227. 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 ¥0.12 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Datang International Power Generation Co's average Cyclically Adjusted FCF Growth Rate was 9.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -2.60% 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 Datang International Power Generation Co was 40.10% per year. The lowest was -2.60% per year. And the median was 39.80% per year.

As of today (2024-04-28), Datang International Power Generation Co's current stock price is ¥3.02. Datang International Power Generation Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ¥0.12. Datang International Power Generation Co's Cyclically Adjusted Price-to-FCF of today is 25.17.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Datang International Power Generation Co was 62.50. The lowest was 8.75. And the median was 19.58.


Datang International Power Generation Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Datang International Power Generation 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.

Datang International Power Generation Co Cyclically Adjusted FCF per Share Chart

Datang International Power Generation 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 0.04 0.13 0.20 0.11 0.12

Datang International Power Generation 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 0.11 0.10 0.10 0.09 0.12

Competitive Comparison of Datang International Power Generation Co's Cyclically Adjusted FCF per Share

For the Utilities - Independent Power Producers subindustry, Datang International Power Generation 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.


Datang International Power Generation Co's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Datang International Power Generation Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Datang International Power Generation Co's Cyclically Adjusted Price-to-FCF falls into.



Datang International Power Generation 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, Datang International Power Generation 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)
=-0.227/114.6694*114.6694
=-0.227

Current CPI (Dec. 2023) = 114.6694.

Datang International Power Generation Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.184 98.600 0.214
201406 0.191 98.200 0.223
201409 0.266 98.900 0.308
201412 -0.199 99.000 -0.230
201503 0.264 99.900 0.303
201506 0.320 99.500 0.369
201509 0.125 100.500 0.143
201512 -0.193 100.600 -0.220
201603 0.066 102.200 0.074
201606 0.322 101.400 0.364
201609 0.322 102.400 0.361
201612 -0.404 102.600 -0.452
201703 0.162 103.200 0.180
201706 0.053 103.100 0.059
201709 0.387 104.100 0.426
201712 0.010 104.500 0.011
201803 0.201 105.300 0.219
201806 -0.042 104.900 -0.046
201809 0.312 106.600 0.336
201812 -0.183 106.500 -0.197
201903 0.196 107.700 0.209
201906 0.128 107.700 0.136
201909 0.061 109.800 0.064
201912 0.009 111.200 0.009
202003 0.170 112.300 0.174
202006 0.109 110.400 0.113
202009 0.231 111.700 0.237
202012 -0.102 111.500 -0.105
202103 0.119 112.662 0.121
202106 0.105 111.769 0.108
202109 0.078 112.215 0.080
202112 -0.883 113.108 -0.895
202203 0.360 114.335 0.361
202206 0.104 114.558 0.104
202209 0.034 115.339 0.034
202212 -1.900 115.116 -1.893
202303 0.027 115.116 0.027
202306 -0.035 114.558 -0.035
202309 0.137 115.339 0.136
202312 -0.227 114.669 -0.227

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


Datang International Power Generation Co  (SHSE:601991) 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.

Datang International Power Generation Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=3.02/0.12
=25.17

* 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 Datang International Power Generation Co was 62.50. The lowest was 8.75. And the median was 19.58.


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.


Datang International Power Generation Co Cyclically Adjusted FCF per Share Related Terms

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


Datang International Power Generation Co (SHSE:601991) Business Description

Traded in Other Exchanges
Address
No.9 Guangningbo Street, Xicheng District, Beijing, CHN, 100033
Datang International Power Generation Co Ltd is one of five state-controlled independent power producers in China. The power generation businesses of the Company and its subsidiaries cover provinces, municipalities and autonomous regions across the country, whereas coalfired power generators of the Company are centralized in the Beijing-Tianjin-Hebei and southeast coastal regions. Majority of the hydropower projects are located in the south west region. Wind power and photovoltaic power projects are distributed across the country in areas with abundant resources. The operating segments of the group are: Power and heat generation segment; Coal segment and Other segments.

Datang International Power Generation Co (SHSE:601991) Headlines

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