GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » SAIC Motor Corp Ltd (SHSE:600104) » Definitions » Cyclically Adjusted FCF per Share

SAIC Motor (SHSE:600104) Cyclically Adjusted FCF per Share : ¥0.26 (As of Mar. 2024)


View and export this data going back to 1997. Start your Free Trial

What is SAIC Motor 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.

SAIC Motor's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.733. 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 ¥0.26 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -1.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -10.30% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -9.00% 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 SAIC Motor was 280.30% per year. The lowest was -20.30% per year. And the median was 2.70% per year.

As of today (2024-05-22), SAIC Motor's current stock price is ¥14.43. SAIC Motor's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.26. SAIC Motor's Cyclically Adjusted Price-to-FCF of today is 55.50.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of SAIC Motor was 120.79. The lowest was 19.43. And the median was 45.87.


SAIC Motor Cyclically Adjusted FCF per Share Historical Data

The historical data trend for SAIC Motor'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.

SAIC Motor Cyclically Adjusted FCF per Share Chart

SAIC Motor 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 0.46 0.41 0.39 0.24 0.39

SAIC Motor 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 -0.04 0.23 0.25 0.39 0.26

Competitive Comparison of SAIC Motor's Cyclically Adjusted FCF per Share

For the Auto Manufacturers subindustry, SAIC Motor'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.


SAIC Motor's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SAIC Motor's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where SAIC Motor's Cyclically Adjusted Price-to-FCF falls into.



SAIC Motor 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, SAIC Motor'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)
=-0.733/115.2271*115.2271
=-0.733

Current CPI (Mar. 2024) = 115.2271.

SAIC Motor Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.674 98.200 -0.791
201409 1.031 98.900 1.201
201412 -0.079 99.000 -0.092
201503 -0.250 99.900 -0.288
201506 0.634 99.500 0.734
201509 0.402 100.500 0.461
201512 0.173 100.600 0.198
201603 -0.754 102.200 -0.850
201606 -0.525 101.400 -0.597
201609 1.381 102.400 1.554
201612 -0.639 102.600 -0.718
201703 -0.839 103.200 -0.937
201706 1.182 103.100 1.321
201709 -0.094 104.100 -0.104
201712 -0.360 104.500 -0.397
201803 -2.070 105.300 -2.265
201806 -2.047 104.900 -2.249
201809 -0.392 106.600 -0.424
201812 2.538 106.500 2.746
201903 -2.307 107.700 -2.468
201906 1.104 107.700 1.181
201909 1.799 109.800 1.888
201912 1.061 111.200 1.099
202003 -0.456 112.300 -0.468
202006 2.366 110.400 2.469
202009 0.163 111.700 0.168
202012 -0.163 111.500 -0.168
202103 -0.145 112.662 -0.148
202106 -0.361 111.769 -0.372
202109 0.167 112.215 0.171
202112 0.588 113.108 0.599
202203 -1.103 114.335 -1.112
202206 0.145 114.558 0.146
202209 0.455 115.339 0.455
202212 -0.659 115.116 -0.660
202303 -1.183 115.116 -1.184
202306 1.050 114.558 1.056
202309 0.874 115.339 0.873
202312 1.250 114.781 1.255
202403 -0.733 115.227 -0.733

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


SAIC Motor  (SHSE:600104) 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.

SAIC Motor's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=14.43/0.26
=55.50

* 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 SAIC Motor was 120.79. The lowest was 19.43. And the median was 45.87.


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.


SAIC Motor Cyclically Adjusted FCF per Share Related Terms

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


SAIC Motor (SHSE:600104) Business Description

Traded in Other Exchanges
N/A
Address
489 Weihai Road, Shanghai, CHN, 200041
SAIC Motor Corp Ltd builds and sells passenger cars and commercial vehicles. It is exploring intelligent driving technology research and industrialization of exploration. It is engaged in the research, production, and sales of parts for motor drive systems, chassis systems, batteries, electric drives, power electronics, and other new energy vehicles. Further, it is also involved in auto-related services such as logistics, e-commerce, travel, energy saving, and charging services; auto-related finance, insurance, and investment services; and the layout of industries of big data and artificial intelligence.

SAIC Motor (SHSE:600104) Headlines

No Headlines