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Metro Land (SHSE:600683) Cyclically Adjusted FCF per Share : ¥-0.09 (As of Mar. 2024)


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What is Metro Land 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.

Metro Land's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-23.135. 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 ¥-0.09 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Metro Land's average Cyclically Adjusted FCF Growth Rate was -103.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 55.00% 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 Metro Land was 55.00% per year. The lowest was -209.00% per year. And the median was 6.30% per year.

As of today (2024-06-05), Metro Land's current stock price is ¥3.97. Metro Land's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.09. Metro Land's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Metro Land was 7.61. The lowest was 1.67. And the median was 3.85.


Metro Land Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Metro Land'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.

Metro Land Cyclically Adjusted FCF per Share Chart

Metro Land 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 -1.86 0.58 1.64 1.21 2.16

Metro Land 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 2.67 2.65 2.28 2.16 -0.09

Competitive Comparison of Metro Land's Cyclically Adjusted FCF per Share

For the Real Estate - Development subindustry, Metro Land'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.


Metro Land's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Metro Land's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Metro Land 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, Metro Land'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)
=-23.135/115.2271*115.2271
=-23.135

Current CPI (Mar. 2024) = 115.2271.

Metro Land Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.479 98.200 1.735
201409 2.004 98.900 2.335
201412 -1.808 99.000 -2.104
201503 0.813 99.900 0.938
201506 0.832 99.500 0.964
201509 3.772 100.500 4.325
201512 -0.464 100.600 -0.531
201603 0.602 102.200 0.679
201606 0.474 101.400 0.539
201609 2.398 102.400 2.698
201612 3.181 102.600 3.572
201703 0.548 103.200 0.612
201706 -0.202 103.100 -0.226
201709 -0.630 104.100 -0.697
201712 0.011 104.500 0.012
201803 -1.943 105.300 -2.126
201806 -0.092 104.900 -0.101
201809 1.026 106.600 1.109
201812 1.132 106.500 1.225
201903 -0.637 107.700 -0.682
201906 -12.267 107.700 -13.124
201909 1.544 109.800 1.620
201912 1.412 111.200 1.463
202003 0.528 112.300 0.542
202006 1.942 110.400 2.027
202009 14.671 111.700 15.134
202012 4.553 111.500 4.705
202103 0.781 112.662 0.799
202106 1.422 111.769 1.466
202109 2.346 112.215 2.409
202112 1.063 113.108 1.083
202203 -5.222 114.335 -5.263
202206 -0.226 114.558 -0.227
202209 -0.020 115.339 -0.020
202212 -0.558 115.116 -0.559
202303 -0.923 115.116 -0.924
202306 0.031 114.558 0.031
202309 -4.539 115.339 -4.535
202312 1.341 114.781 1.346
202403 -23.135 115.227 -23.135

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


Metro Land  (SHSE:600683) 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 Metro Land was 7.61. The lowest was 1.67. And the median was 3.85.


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.


Metro Land Cyclically Adjusted FCF per Share Related Terms

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


Metro Land (SHSE:600683) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.2 Jianguomenwai Avenue Beijing Yintai Centre, Block C, 17th Floor, Chaoyang District, Beijing, CHN, 100022
Metro Land Corp Ltd is a real estate company.
Executives
Cheng Shao Liang Director
Yang Da Yong Director

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