GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Zoomlion Heavy Industry Science and Technology Co Ltd (OTCPK:ZLIOY) » Definitions » Cyclically Adjusted FCF per Share

Zoomlion Heavy Industry Science and Technology Co (Zoomlion Heavy Industry Science and Technology Co) Cyclically Adjusted FCF per Share : $0.09 (As of Dec. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Zoomlion Heavy Industry Science and 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.

Zoomlion Heavy Industry Science and Technology Co's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.153. 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 $0.09 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Zoomlion Heavy Industry Science and Technology Co's average Cyclically Adjusted FCF Growth Rate was 10.00% 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 Zoomlion Heavy Industry Science and Technology Co was 115.40% per year. The lowest was -48.10% per year. And the median was -3.20% per year.

As of today (2024-04-27), Zoomlion Heavy Industry Science and Technology Co's current stock price is $7.51. Zoomlion Heavy Industry Science and Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.09. Zoomlion Heavy Industry Science and Technology Co's Cyclically Adjusted Price-to-FCF of today is 83.44.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Zoomlion Heavy Industry Science and Technology Co was 687.00. The lowest was 41.20. And the median was 64.03.


Zoomlion Heavy Industry Science and Technology Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Zoomlion Heavy Industry Science and 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.

Zoomlion Heavy Industry Science and Technology Co Cyclically Adjusted FCF per Share Chart

Zoomlion Heavy Industry Science and 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 0.01 0.13 0.09 0.09 0.09

Zoomlion Heavy Industry Science and 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 0.09 0.13 0.07 0.07 0.09

Competitive Comparison of Zoomlion Heavy Industry Science and Technology Co's Cyclically Adjusted FCF per Share

For the Farm & Heavy Construction Machinery subindustry, Zoomlion Heavy Industry Science and 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.


Zoomlion Heavy Industry Science and Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Zoomlion Heavy Industry Science and Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Zoomlion Heavy Industry Science and Technology Co's Cyclically Adjusted Price-to-FCF falls into.



Zoomlion Heavy Industry Science and 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, Zoomlion Heavy Industry Science and 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)
=0.153/114.6694*114.6694
=0.153

Current CPI (Dec. 2023) = 114.6694.

Zoomlion Heavy Industry Science and Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.058 98.600 -1.230
201406 0.038 98.200 0.044
201409 -0.145 98.900 -0.168
201412 -0.676 99.000 -0.783
201503 -0.782 99.900 -0.898
201506 -0.124 99.500 -0.143
201509 0.191 100.500 0.218
201512 -0.072 100.600 -0.082
201603 -0.269 102.200 -0.302
201606 0.136 101.400 0.154
201609 0.225 102.400 0.252
201612 0.358 102.600 0.400
201703 -0.007 103.200 -0.008
201706 0.084 103.100 0.093
201709 0.063 104.100 0.069
201712 0.251 104.500 0.275
201803 0.062 105.300 0.068
201806 0.210 104.900 0.230
201809 0.253 106.600 0.272
201812 0.335 106.500 0.361
201903 0.352 107.700 0.375
201906 0.267 107.700 0.284
201909 0.203 109.800 0.212
201912 0.093 111.200 0.096
202003 0.052 112.300 0.053
202006 0.137 110.400 0.142
202009 0.413 111.700 0.424
202012 0.644 111.500 0.662
202103 0.446 112.662 0.454
202106 0.139 111.769 0.143
202109 0.033 112.215 0.034
202112 -0.602 113.108 -0.610
202203 0.041 114.335 0.041
202206 0.109 114.558 0.109
202209 -0.193 115.339 -0.192
202212 0.218 115.116 0.217
202303 0.018 115.116 0.018
202306 -0.018 114.558 -0.018
202309 -0.012 115.339 -0.012
202312 0.153 114.669 0.153

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


Zoomlion Heavy Industry Science and Technology Co  (OTCPK:ZLIOY) 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.

Zoomlion Heavy Industry Science and Technology Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=7.51/0.09
=83.44

* 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 Zoomlion Heavy Industry Science and Technology Co was 687.00. The lowest was 41.20. And the median was 64.03.


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.


Zoomlion Heavy Industry Science and Technology Co Cyclically Adjusted FCF per Share Related Terms

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


Zoomlion Heavy Industry Science and Technology Co (Zoomlion Heavy Industry Science and Technology Co) Business Description

Address
No. 361, Yinpen South Road, Hunan Province, Changsha, CHN, 410013
Zoomlion Heavy Industry Science and Technology Co Ltd are mainly engaged in the research, development, manufacturing, and sales of construction machinery, and agricultural machinery. It is engaged in three main operating segments, including (i) research, development, manufacturing, and sale of construction machinery; (ii) research, development, manufacturing, and sale of agricultural machinery; and (iii) finance lease services. The construction machinery segment provides concrete machinery, crane machinery, road construction machinery, pile foundation machinery, work-at-height machinery, fire machinery, mining machinery, forklift truck, and other products. Agricultural machinery industry, including farming machinery, harvesting machinery, drying machinery, and agricultural equipment.

Zoomlion Heavy Industry Science and Technology Co (Zoomlion Heavy Industry Science and Technology Co) Headlines

From GuruFocus