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Inner Mongolia ERDOS Resources Co (SHSE:600295) Cyclically Adjusted FCF per Share : ¥2.31 (As of Mar. 2024)


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What is Inner Mongolia ERDOS Resources 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.

Inner Mongolia ERDOS Resources Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥0.124. 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 ¥2.31 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Inner Mongolia ERDOS Resources Co's average Cyclically Adjusted FCF Growth Rate was 6.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 19.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 22.40% 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 Inner Mongolia ERDOS Resources Co was 204.90% per year. The lowest was -94.30% per year. And the median was 19.70% per year.

As of today (2024-06-08), Inner Mongolia ERDOS Resources Co's current stock price is ¥11.24. Inner Mongolia ERDOS Resources Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥2.31. Inner Mongolia ERDOS Resources Co's Cyclically Adjusted Price-to-FCF of today is 4.87.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Inner Mongolia ERDOS Resources Co was 168.20. The lowest was 3.02. And the median was 6.03.


Inner Mongolia ERDOS Resources Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Inner Mongolia ERDOS Resources 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.

Inner Mongolia ERDOS Resources Co Cyclically Adjusted FCF per Share Chart

Inner Mongolia ERDOS Resources 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 1.13 1.32 1.93 2.07 2.26

Inner Mongolia ERDOS Resources 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 2.16 2.28 2.24 2.26 2.31

Competitive Comparison of Inner Mongolia ERDOS Resources Co's Cyclically Adjusted FCF per Share

For the Textile Manufacturing subindustry, Inner Mongolia ERDOS Resources 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.


Inner Mongolia ERDOS Resources Co's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Inner Mongolia ERDOS Resources Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Inner Mongolia ERDOS Resources Co's Cyclically Adjusted Price-to-FCF falls into.



Inner Mongolia ERDOS Resources 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, Inner Mongolia ERDOS Resources 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)
=0.124/115.2271*115.2271
=0.124

Current CPI (Mar. 2024) = 115.2271.

Inner Mongolia ERDOS Resources Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.042 98.200 -0.049
201409 1.268 98.900 1.477
201412 0.356 99.000 0.414
201503 -0.118 99.900 -0.136
201506 0.584 99.500 0.676
201509 0.440 100.500 0.504
201512 0.801 100.600 0.917
201603 0.565 102.200 0.637
201606 0.969 101.400 1.101
201609 0.206 102.400 0.232
201612 0.012 102.600 0.013
201703 0.651 103.200 0.727
201706 -0.209 103.100 -0.234
201709 0.527 104.100 0.583
201712 0.888 104.500 0.979
201803 0.466 105.300 0.510
201806 0.469 104.900 0.515
201809 1.774 106.600 1.918
201812 0.545 106.500 0.590
201903 0.072 107.700 0.077
201906 0.153 107.700 0.164
201909 0.606 109.800 0.636
201912 0.180 111.200 0.187
202003 0.023 112.300 0.024
202006 0.599 110.400 0.625
202009 0.782 111.700 0.807
202012 0.350 111.500 0.362
202103 0.767 112.662 0.784
202106 1.057 111.769 1.090
202109 2.281 112.215 2.342
202112 1.038 113.108 1.057
202203 0.170 114.335 0.171
202206 0.570 114.558 0.573
202209 0.743 115.339 0.742
202212 -0.080 115.116 -0.080
202303 0.219 115.116 0.219
202306 0.673 114.558 0.677
202309 0.325 115.339 0.325
202312 0.793 114.781 0.796
202403 0.124 115.227 0.124

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


Inner Mongolia ERDOS Resources Co  (SHSE:600295) 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.

Inner Mongolia ERDOS Resources Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=11.24/2.31
=4.87

* 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 Inner Mongolia ERDOS Resources Co was 168.20. The lowest was 3.02. And the median was 6.03.


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.


Inner Mongolia ERDOS Resources Co Cyclically Adjusted FCF per Share Related Terms

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


Inner Mongolia ERDOS Resources Co (SHSE:600295) Business Description

Traded in Other Exchanges
Address
No.1, Hantai Light Textile Street, Dongsheng District, Inner Mongolia Autonomous Region, Erdos City, CHN, 017000
Inner Mongolia ERDOS Resources Co Ltd operates in the textile and garment industry. The company is mainly engaged in the cashmere clothing production. In addition, the company is also engaged in coal mining, power generation, silicon ferroalloy, chlor-alkali chemicals, fertilizers, polysilicon and other products processing and sales. Its product range consists of a cashmere sweater and other cashmere products, ferrosilicon, Si-Mn alloy, coal, calcium carbide, and polyvinyl chloride resin.
Executives
Zhang Mei Rong Director
Wang Zhen Director
Zhang Yi Ling Director

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