GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » CSSC Offshore & Marine Engineering (Group) Co Ltd (FRA:GSZ) » Definitions » Cyclically Adjusted FCF per Share

CSSC Offshore & Marine Engineering (Group) Co (FRA:GSZ) Cyclically Adjusted FCF per Share : €-0.02 (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is CSSC Offshore & Marine Engineering (Group) 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.

CSSC Offshore & Marine Engineering (Group) Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was €-0.312. 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 €-0.02 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 44.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 28.10% 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 CSSC Offshore & Marine Engineering (Group) Co was 44.50% per year. The lowest was -39.20% per year. And the median was -12.85% per year.

As of today (2024-06-01), CSSC Offshore & Marine Engineering (Group) Co's current stock price is €1.70. CSSC Offshore & Marine Engineering (Group) Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €-0.02. CSSC Offshore & Marine Engineering (Group) Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of CSSC Offshore & Marine Engineering (Group) Co was 1046.25. The lowest was 14.26. And the median was 68.56.


CSSC Offshore & Marine Engineering (Group) Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for CSSC Offshore & Marine Engineering (Group) 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.

CSSC Offshore & Marine Engineering (Group) Co Cyclically Adjusted FCF per Share Chart

CSSC Offshore & Marine Engineering (Group) 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 -0.04 -0.03 -0.02 -0.02 -0.01

CSSC Offshore & Marine Engineering (Group) 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 -0.02 -0.02 -0.01 -0.01 -0.02

Competitive Comparison of CSSC Offshore & Marine Engineering (Group) Co's Cyclically Adjusted FCF per Share

For the Aerospace & Defense subindustry, CSSC Offshore & Marine Engineering (Group) 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.


CSSC Offshore & Marine Engineering (Group) Co's Cyclically Adjusted Price-to-FCF Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, CSSC Offshore & Marine Engineering (Group) Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where CSSC Offshore & Marine Engineering (Group) Co's Cyclically Adjusted Price-to-FCF falls into.



CSSC Offshore & Marine Engineering (Group) 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, CSSC Offshore & Marine Engineering (Group) 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)
=-0.312/115.2271*115.2271
=-0.312

Current CPI (Mar. 2024) = 115.2271.

CSSC Offshore & Marine Engineering (Group) Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.143 98.200 -0.168
201409 -0.061 98.900 -0.071
201412 0.322 99.000 0.375
201503 -0.410 99.900 -0.473
201506 -0.039 99.500 -0.045
201509 -0.144 100.500 -0.165
201512 0.353 100.600 0.404
201603 -0.187 102.200 -0.211
201606 -0.206 101.400 -0.234
201609 -0.232 102.400 -0.261
201612 0.186 102.600 0.209
201703 -0.206 103.200 -0.230
201706 -0.178 103.100 -0.199
201709 -0.026 104.100 -0.029
201712 0.259 104.500 0.286
201803 -0.184 105.300 -0.201
201806 -0.081 104.900 -0.089
201809 0.014 106.600 0.015
201812 0.036 106.500 0.039
201903 -0.281 107.700 -0.301
201906 -0.050 107.700 -0.053
201909 -0.108 109.800 -0.113
201912 0.693 111.200 0.718
202003 -0.111 112.300 -0.114
202006 -0.179 110.400 -0.187
202009 -0.017 111.700 -0.018
202012 0.173 111.500 0.179
202103 0.008 112.662 0.008
202106 -0.110 111.769 -0.113
202109 -0.017 112.215 -0.017
202112 0.535 113.108 0.545
202203 0.301 114.335 0.303
202206 -0.179 114.558 -0.180
202209 -0.219 115.339 -0.219
202212 0.262 115.116 0.262
202303 -0.001 115.116 -0.001
202306 -0.262 114.558 -0.264
202309 0.256 115.339 0.256
202312 0.252 114.781 0.253
202403 -0.312 115.227 -0.312

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


CSSC Offshore & Marine Engineering (Group) Co  (FRA:GSZ) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of CSSC Offshore & Marine Engineering (Group) Co was 1046.25. The lowest was 14.26. And the median was 68.56.


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.


CSSC Offshore & Marine Engineering (Group) Co Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of CSSC Offshore & Marine Engineering (Group) Co's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


CSSC Offshore & Marine Engineering (Group) Co (FRA:GSZ) Business Description

Traded in Other Exchanges
Address
No. 137 Gexin Road, 15th Floor, Marine Tower, Shipping Building, Haizhu District, Guangdong Province, Guangzhou, CHN, 510250
CSSC Offshore & Marine Engineering (Group) Co Ltd manufactures military and civil ships and conducts off-shore engineering. The functions of the boats have a wide range, including military, patrol, rescue, and transportation. Multiple subsidiaries allow the company to produce multiple ships and supply customized maintenance for clients. The company operates through three business segments: Shipbuilding and related business, Steel Structure engineering, Ship maintenance and modification, and others.

CSSC Offshore & Marine Engineering (Group) Co (FRA:GSZ) Headlines

No Headlines