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Goldwind Science & Technology Co (SZSE:002202) Cyclically Adjusted FCF per Share : ¥-0.83 (As of Dec. 2023)


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What is Goldwind Science & Technology 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.

Goldwind Science & Technology Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was ¥0.936. 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 ¥-0.83 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 0.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -1.40% 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 Goldwind Science & Technology Co was 2.70% per year. The lowest was -17.80% per year. And the median was -6.00% per year.

As of today (2024-04-28), Goldwind Science & Technology Co's current stock price is ¥7.43. Goldwind Science & Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was ¥-0.83. Goldwind Science & Technology Co's Cyclically Adjusted Price-to-FCF of today is .


Goldwind Science & Technology Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Goldwind Science & Technology 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.

Goldwind Science & Technology Co Cyclically Adjusted FCF per Share Chart

Goldwind Science & Technology 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 -0.90 -0.84 -0.75 -0.83 -0.83

Goldwind Science & Technology 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 -0.83 -1.00 -0.99 -0.97 -0.83

Competitive Comparison of Goldwind Science & Technology Co's Cyclically Adjusted FCF per Share

For the Specialty Industrial Machinery subindustry, Goldwind Science & Technology 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.


Goldwind Science & Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

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

* The bar in red indicates where Goldwind Science & Technology Co's Cyclically Adjusted Price-to-FCF falls into.



Goldwind Science & Technology 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, Goldwind Science & Technology 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)
=0.936/114.6694*114.6694
=0.936

Current CPI (Dec. 2023) = 114.6694.

Goldwind Science & Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.616 98.600 -0.716
201406 -0.301 98.200 -0.351
201409 0.491 98.900 0.569
201412 0.447 99.000 0.518
201503 -0.618 99.900 -0.709
201506 -0.045 99.500 -0.052
201509 -0.073 100.500 -0.083
201512 0.038 100.600 0.043
201603 -0.982 102.200 -1.102
201606 -0.129 101.400 -0.146
201609 -0.077 102.400 -0.086
201612 0.585 102.600 0.654
201703 -0.717 103.200 -0.797
201706 -0.210 103.100 -0.234
201709 -0.242 104.100 -0.267
201712 0.754 104.500 0.827
201803 -0.710 105.300 -0.773
201806 -0.718 104.900 -0.785
201809 -0.025 106.600 -0.027
201812 0.612 106.500 0.659
201903 -0.863 107.700 -0.919
201906 -1.129 107.700 -1.202
201909 0.101 109.800 0.105
201912 0.482 111.200 0.497
202003 -0.118 112.300 -0.120
202006 0.002 110.400 0.002
202009 -0.279 111.700 -0.286
202012 -0.105 111.500 -0.108
202103 -1.155 112.662 -1.176
202106 -0.532 111.769 -0.546
202109 -0.053 112.215 -0.054
202112 0.446 113.108 0.452
202203 -1.316 114.335 -1.320
202206 -0.405 114.558 -0.405
202209 -0.680 115.339 -0.676
202212 1.628 115.116 1.622
202303 -2.038 115.116 -2.030
202306 -0.463 114.558 -0.463
202309 0.287 115.339 0.285
202312 0.936 114.669 0.936

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


Goldwind Science & Technology Co  (SZSE:002202) 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.


Goldwind Science & Technology Co Cyclically Adjusted FCF per Share Related Terms

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


Goldwind Science & Technology Co (SZSE:002202) Business Description

Address
No. 8 Boxing 1st Road, Economic and Technological Development District, Beijing, CHN, 100176
Goldwind Science & Technology Co Ltd manufactures, and markets wind turbines & other solutions. It has four segments. The wind turbine generator manufacturing & sale segment engages in research & development, manufacture & sale of wind turbine generators &bspare parts; the wind power services segment provides wind power construction, post-warranty service & asset management services; the wind farm development segment engages in the development of wind farms, which includes wind power generation service provided by the Group's wind farms & its sales; & the others segment mainly engages in the operation of water treatment plants under the service concession arrangements. The majority is from Wind turbine generator manufacturing & sale. Geographically, the key revenue is from China.

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