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Cosco Shipping Development Co (Cosco Shipping Development Co) Cyclically Adjusted FCF per Share : $-0.03 (As of Mar. 2024)


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What is Cosco Shipping Development 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.

Cosco Shipping Development Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-0.005. 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 $-0.03 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -2.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -13.40% 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 Cosco Shipping Development Co was -2.50% per year. The lowest was -26.50% per year. And the median was -15.80% per year.

As of today (2024-05-24), Cosco Shipping Development Co's current stock price is $0.1253. Cosco Shipping Development Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $-0.03. Cosco Shipping Development Co's Cyclically Adjusted Price-to-FCF of today is .


Cosco Shipping Development Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Cosco Shipping Development 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.

Cosco Shipping Development Co Cyclically Adjusted FCF per Share Chart

Cosco Shipping Development 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 -0.02 -0.04 -0.05 -0.05 -0.03

Cosco Shipping Development 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 -0.05 -0.04 -0.04 -0.03 -0.03

Competitive Comparison of Cosco Shipping Development Co's Cyclically Adjusted FCF per Share

For the Aerospace & Defense subindustry, Cosco Shipping Development 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.


Cosco Shipping Development Co's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Cosco Shipping Development Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Cosco Shipping Development Co's Cyclically Adjusted Price-to-FCF falls into.



Cosco Shipping Development 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, Cosco Shipping Development 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)
=-0.005/115.2271*115.2271
=-0.005

Current CPI (Mar. 2024) = 115.2271.

Cosco Shipping Development Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.023 98.200 -0.027
201409 0.034 98.900 0.040
201412 -0.048 99.000 -0.056
201503 -0.005 99.900 -0.006
201506 -0.061 99.500 -0.071
201509 0.001 100.500 0.001
201512 -0.049 100.600 -0.056
201603 -0.036 102.200 -0.041
201606 0.025 101.400 0.028
201609 -0.027 102.400 -0.030
201612 -0.051 102.600 -0.057
201703 -0.040 103.200 -0.045
201706 -0.030 103.100 -0.034
201709 -0.022 104.100 -0.024
201712 0.047 104.500 0.052
201803 -0.080 105.300 -0.088
201806 -0.057 104.900 -0.063
201809 -0.018 106.600 -0.019
201812 -0.023 106.500 -0.025
201903 -0.049 107.700 -0.052
201906 -0.053 107.700 -0.057
201909 -0.046 109.800 -0.048
201912 -0.041 111.200 -0.042
202003 -0.054 112.300 -0.055
202006 -0.040 110.400 -0.042
202009 -0.058 111.700 -0.060
202012 -0.109 111.500 -0.113
202103 -0.112 112.662 -0.115
202106 -0.161 111.769 -0.166
202109 -0.035 112.215 -0.036
202112 0.050 113.108 0.051
202203 -0.004 114.335 -0.004
202206 -0.008 114.558 -0.008
202209 0.015 115.339 0.015
202212 -0.001 115.116 -0.001
202303 -0.005 115.116 -0.005
202306 0.016 114.558 0.016
202309 0.006 115.339 0.006
202312 -0.021 114.781 -0.021
202403 -0.005 115.227 -0.005

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


Cosco Shipping Development Co  (OTCPK:CITAF) 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.


Cosco Shipping Development Co Cyclically Adjusted FCF per Share Related Terms

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


Cosco Shipping Development Co (Cosco Shipping Development Co) Business Description

Address
Room A-538, International Trade Building, Pilot Free Trade Zone, Shanghai, CHN, 200127
COSCO SHIPPING Development Co Ltd is a China-based company operating and managing container shipping. Its services include container transportation, vessel chartering, cargo canvassing and booking, customs clearance, depot services, container construction, sales, purchase, and vessel management. The operating business segments are the Shipping and industry-related leasing segment, which renders vessel chartering, container leasing, and finance lease services, the Container manufacturing segment, which manufactures and sells containers, Investment and services segment, which focuses on equity or debt investment and insurance brokerage services; and Other businesses segment comprises, principally, cargo and liner agency services.

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