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Risen Energy Co (SZSE:300118) Cyclically Adjusted FCF per Share : ¥-1.41 (As of Mar. 2024)


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What is Risen Energy 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.

Risen Energy Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-3.569. 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 ¥-1.41 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -24.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 3.20% 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 Risen Energy Co was 12.20% per year. The lowest was -24.20% per year. And the median was 12.10% per year.

As of today (2024-05-15), Risen Energy Co's current stock price is ¥12.42. Risen Energy Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-1.41. Risen Energy Co's Cyclically Adjusted Price-to-FCF of today is .


Risen Energy Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Risen Energy 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.

Risen Energy Co Cyclically Adjusted FCF per Share Chart

Risen Energy 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 -0.87 -0.58 -0.80 -0.59 -1.11

Risen Energy 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 -0.58 -0.65 -0.76 -1.11 -1.41

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

For the Solar subindustry, Risen Energy 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.


Risen Energy Co's Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Risen Energy Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Risen Energy 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, Risen Energy 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)
=-3.569/114.6694*114.6694
=-3.569

Current CPI (Mar. 2024) = 114.6694.

Risen Energy Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.016 98.200 -0.019
201409 -0.125 98.900 -0.145
201412 0.244 99.000 0.283
201503 -0.491 99.900 -0.564
201506 -0.058 99.500 -0.067
201509 -0.203 100.500 -0.232
201512 0.149 100.600 0.170
201603 -0.304 102.200 -0.341
201606 -0.098 101.400 -0.111
201609 -0.241 102.400 -0.270
201612 0.766 102.600 0.856
201703 -0.520 103.200 -0.578
201706 -0.016 103.100 -0.018
201709 -0.139 104.100 -0.153
201712 -0.298 104.500 -0.327
201803 -0.659 105.300 -0.718
201806 -0.533 104.900 -0.583
201809 -0.216 106.600 -0.232
201812 -0.844 106.500 -0.909
201903 0.321 107.700 0.342
201906 0.517 107.700 0.550
201909 0.797 109.800 0.832
201912 0.712 111.200 0.734
202003 -0.254 112.300 -0.259
202006 -0.026 110.400 -0.027
202009 0.169 111.700 0.173
202012 -0.114 111.500 -0.117
202103 -0.047 112.662 -0.048
202106 -0.743 111.769 -0.762
202109 -1.455 112.215 -1.487
202112 -1.973 113.108 -2.000
202203 0.584 114.335 0.586
202206 1.487 114.558 1.488
202209 -0.373 115.339 -0.371
202212 -0.694 115.116 -0.691
202303 -0.718 115.116 -0.715
202306 -0.870 114.558 -0.871
202309 -0.854 115.339 -0.849
202312 -3.107 114.669 -3.107
202403 -3.569 114.669 -3.569

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


Risen Energy Co  (SZSE:300118) 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.


Risen Energy Co Cyclically Adjusted FCF per Share Related Terms

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


Risen Energy Co (SZSE:300118) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Shaojia,Xidian, Ninghai County, Ningbo City, Zhejiang Province, CHN, 315613
Risen Energy Co Ltd is a hi-tech enterprise. It is engaged in production, sales and service of solar modules, products of photovoltaic technology, solar terminal application, and integration. Risen Energy also provides human-oriented, ordered training and promotion mechanism.

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