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Beijing Originwater Technology Co (SZSE:300070) Cyclically Adjusted FCF per Share : ¥-0.99 (As of Mar. 2024)


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What is Beijing Originwater 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.

Beijing Originwater Technology Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.122. 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 ¥-0.99 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -6.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -11.00% 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 Beijing Originwater Technology Co was -6.50% per year. The lowest was -17.30% per year. And the median was -9.10% per year.

As of today (2024-04-28), Beijing Originwater Technology Co's current stock price is ¥4.86. Beijing Originwater Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.99. Beijing Originwater Technology Co's Cyclically Adjusted Price-to-FCF of today is .


Beijing Originwater Technology Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Beijing Originwater 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.

Beijing Originwater Technology Co Cyclically Adjusted FCF per Share Chart

Beijing Originwater 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 -0.74 -0.82 -0.92 -0.96 -0.99

Beijing Originwater Technology 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 -0.96 -0.96 -0.96 -0.99 -0.99

Competitive Comparison of Beijing Originwater Technology Co's Cyclically Adjusted FCF per Share

For the Waste Management subindustry, Beijing Originwater 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.


Beijing Originwater Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Beijing Originwater Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Beijing Originwater 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, Beijing Originwater Technology 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)
=-0.122/114.6694*114.6694
=-0.122

Current CPI (Mar. 2024) = 114.6694.

Beijing Originwater Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.063 98.200 -0.074
201409 0.026 98.900 0.030
201412 0.065 99.000 0.075
201503 -0.221 99.900 -0.254
201506 -0.106 99.500 -0.122
201509 -0.113 100.500 -0.129
201512 -0.205 100.600 -0.234
201603 -0.388 102.200 -0.435
201606 -0.316 101.400 -0.357
201609 -0.233 102.400 -0.261
201612 -0.010 102.600 -0.011
201703 -0.605 103.200 -0.672
201706 -0.996 103.100 -1.108
201709 -0.647 104.100 -0.713
201712 -0.168 104.500 -0.184
201803 -0.988 105.300 -1.076
201806 -0.462 104.900 -0.505
201809 -0.448 106.600 -0.482
201812 0.235 106.500 0.253
201903 -0.622 107.700 -0.662
201906 -0.638 107.700 -0.679
201909 -0.207 109.800 -0.216
201912 0.117 111.200 0.121
202003 -0.700 112.300 -0.715
202006 -0.063 110.400 -0.065
202009 -0.384 111.700 -0.394
202012 0.364 111.500 0.374
202103 -0.626 112.662 -0.637
202106 -0.222 111.769 -0.228
202109 -0.085 112.215 -0.087
202112 0.089 113.108 0.090
202203 -0.239 114.335 -0.240
202206 0.170 114.558 0.170
202209 -0.205 115.339 -0.204
202212 0.128 115.116 0.128
202303 -0.139 115.116 -0.138
202306 -0.136 114.558 -0.136
202309 -0.125 115.339 -0.124
202312 0.144 114.669 0.144
202403 -0.122 114.669 -0.122

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


Beijing Originwater Technology Co  (SZSE:300070) 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.


Beijing Originwater Technology Co Cyclically Adjusted FCF per Share Related Terms

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


Beijing Originwater Technology Co (SZSE:300070) Business Description

Traded in Other Exchanges
N/A
Address
23-2 BOW Building, Life Science Park Road, Haidian District, Beijing, CHN
Beijing Originwater Technology Co Ltd is a high-tech environmental protection enterprise integrated with membrane material development, membrane equipment manufacturing and membrane technology. The company is involved in the treatment of wastewater. The product portfolio includes - Microfiltration membrane (MF), Ultrafiltration (UF), Ultra-low pressure and highly selective membrane (DF), and Reverse Osmosis (RO). The company's products are used in seawater desalination, industrial water recycling, brackish water desalination, household drinking water purification, wastewater reclamation projects, and surface water treatment projects.

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