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Luenmei Quantum Co (SHSE:600167) Cyclically Adjusted FCF per Share : ¥0.42 (As of Mar. 2024)


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What is Luenmei Quantum 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.

Luenmei Quantum Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.139. 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 ¥0.42 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Luenmei Quantum Co's average Cyclically Adjusted FCF Growth Rate was -6.70% per year. 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 2.10% per year. During the past 10 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 Luenmei Quantum Co was 20.50% per year. The lowest was 2.50% per year. And the median was 4.60% per year.

As of today (2024-06-10), Luenmei Quantum Co's current stock price is ¥5.77. Luenmei Quantum Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.42. Luenmei Quantum Co's Cyclically Adjusted Price-to-FCF of today is 13.74.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Luenmei Quantum Co was 39.34. The lowest was 12.38. And the median was 20.00.


Luenmei Quantum Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Luenmei Quantum 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.

Luenmei Quantum Co Cyclically Adjusted FCF per Share Chart

Luenmei Quantum 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 0.41 0.39 0.44 0.46 0.42

Luenmei Quantum 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 0.45 0.45 0.44 0.42 0.42

Competitive Comparison of Luenmei Quantum Co's Cyclically Adjusted FCF per Share

For the Utilities - Regulated Electric subindustry, Luenmei Quantum 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.


Luenmei Quantum Co's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Luenmei Quantum Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Luenmei Quantum 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, Luenmei Quantum 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)
=-0.139/115.2271*115.2271
=-0.139

Current CPI (Mar. 2024) = 115.2271.

Luenmei Quantum Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.181 98.200 -0.212
201409 0.131 98.900 0.153
201412 0.679 99.000 0.790
201503 -0.195 99.900 -0.225
201506 -0.056 99.500 -0.065
201509 -0.043 100.500 -0.049
201512 0.512 100.600 0.586
201603 -0.104 102.200 -0.117
201606 -0.085 101.400 -0.097
201609 -0.009 102.400 -0.010
201612 0.483 102.600 0.542
201703 -0.214 103.200 -0.239
201706 -0.038 103.100 -0.042
201709 0.031 104.100 0.034
201712 0.560 104.500 0.617
201803 -0.199 105.300 -0.218
201806 -0.173 104.900 -0.190
201809 0.005 106.600 0.005
201812 0.637 106.500 0.689
201903 -0.073 107.700 -0.078
201906 -0.228 107.700 -0.244
201909 0.039 109.800 0.041
201912 0.741 111.200 0.768
202003 -0.305 112.300 -0.313
202006 -0.244 110.400 -0.255
202009 -0.003 111.700 -0.003
202012 0.802 111.500 0.829
202103 -0.190 112.662 -0.194
202106 -0.142 111.769 -0.146
202109 0.090 112.215 0.092
202112 0.848 113.108 0.864
202203 -0.134 114.335 -0.135
202206 -0.082 114.558 -0.082
202209 0.080 115.339 0.080
202212 0.637 115.116 0.638
202303 -0.165 115.116 -0.165
202306 -0.060 114.558 -0.060
202309 0.081 115.339 0.081
202312 0.697 114.781 0.700
202403 -0.139 115.227 -0.139

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


Luenmei Quantum Co  (SHSE:600167) 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.

Luenmei Quantum Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=5.77/0.42
=13.74

* 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 Luenmei Quantum Co was 39.34. The lowest was 12.38. And the median was 20.00.


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.


Luenmei Quantum Co Cyclically Adjusted FCF per Share Related Terms

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Luenmei Quantum Co (SHSE:600167) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Xinming Street, Hunnan New District, Liaoning, Shenyang, CHN
Website
Luenmei Quantum Co Ltd installs and provides services including heat power grids in Shenyang, Liaoning province, China.

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