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Jiangsu Phoenix Property Investment Co (SHSE:600716) Cyclically Adjusted FCF per Share : ¥0.04 (As of Mar. 2024)


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What is Jiangsu Phoenix Property Investment 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.

Jiangsu Phoenix Property Investment Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥0.010. 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 ¥0.04 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -56.90% 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 Jiangsu Phoenix Property Investment Co was 23.70% per year. The lowest was -135.10% per year. And the median was 3.30% per year.

As of today (2024-06-02), Jiangsu Phoenix Property Investment Co's current stock price is ¥2.91. Jiangsu Phoenix Property Investment Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.04. Jiangsu Phoenix Property Investment Co's Cyclically Adjusted Price-to-FCF of today is 72.75.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Jiangsu Phoenix Property Investment Co was 198.50. The lowest was 9.54. And the median was 22.72.


Jiangsu Phoenix Property Investment Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Jiangsu Phoenix Property Investment 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.

Jiangsu Phoenix Property Investment Co Cyclically Adjusted FCF per Share Chart

Jiangsu Phoenix Property Investment 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 0.09 0.25 0.20 -0.05 0.02

Jiangsu Phoenix Property Investment 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 0.03 0.03 0.02 0.04

Competitive Comparison of Jiangsu Phoenix Property Investment Co's Cyclically Adjusted FCF per Share

For the Real Estate Services subindustry, Jiangsu Phoenix Property Investment 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.


Jiangsu Phoenix Property Investment Co's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Jiangsu Phoenix Property Investment Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Jiangsu Phoenix Property Investment Co's Cyclically Adjusted Price-to-FCF falls into.



Jiangsu Phoenix Property Investment 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, Jiangsu Phoenix Property Investment 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)
=0.01/115.2271*115.2271
=0.010

Current CPI (Mar. 2024) = 115.2271.

Jiangsu Phoenix Property Investment Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.174 98.200 0.204
201409 0.134 98.900 0.156
201412 0.288 99.000 0.335
201503 -0.280 99.900 -0.323
201506 -0.073 99.500 -0.085
201509 0.143 100.500 0.164
201512 0.761 100.600 0.872
201603 -0.068 102.200 -0.077
201606 -0.497 101.400 -0.565
201609 0.378 102.400 0.425
201612 0.958 102.600 1.076
201703 -0.192 103.200 -0.214
201706 0.137 103.100 0.153
201709 0.176 104.100 0.195
201712 0.101 104.500 0.111
201803 -0.141 105.300 -0.154
201806 0.158 104.900 0.174
201809 -0.096 106.600 -0.104
201812 0.123 106.500 0.133
201903 -0.542 107.700 -0.580
201906 -0.483 107.700 -0.517
201909 0.122 109.800 0.128
201912 0.640 111.200 0.663
202003 -0.187 112.300 -0.192
202006 0.033 110.400 0.034
202009 0.053 111.700 0.055
202012 1.078 111.500 1.114
202103 -0.155 112.662 -0.159
202106 -0.072 111.769 -0.074
202109 -0.047 112.215 -0.048
202112 0.136 113.108 0.139
202203 -0.174 114.335 -0.175
202206 -0.007 114.558 -0.007
202209 -1.189 115.339 -1.188
202212 -1.343 115.116 -1.344
202303 -0.133 115.116 -0.133
202306 0.042 114.558 0.042
202309 -0.026 115.339 -0.026
202312 0.177 114.781 0.178
202403 0.010 115.227 0.010

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


Jiangsu Phoenix Property Investment Co  (SHSE:600716) 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.

Jiangsu Phoenix Property Investment Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.91/0.04
=72.75

* 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 Jiangsu Phoenix Property Investment Co was 198.50. The lowest was 9.54. And the median was 22.72.


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.


Jiangsu Phoenix Property Investment Co Cyclically Adjusted FCF per Share Related Terms

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


Jiangsu Phoenix Property Investment Co (SHSE:600716) Business Description

Traded in Other Exchanges
N/A
Address
Nanjing Central Road, 389 Phoenix International Building, Sixth Floor, Nanjing, CHN, 210037
Jiangsu Phoenix Property Investment Co Ltd operates in the real estate sector. The company is engaged in real estate investment, industrial investment, house leasing and property management.
Executives
Xu Dian Cui senior management
Cheng Gang senior management
Bi Sheng Director
Wang Jian Zhao senior management
Zhang Miao Lei senior management
Fang Lei senior management
Tao Ai Ming senior management
Yan Shu Yun senior management
Qi Shi Jie Director
Yang Bao Ning Supervisors
Ji Feng Director
Qi Hai Xu Director
Chen Xue Dong Supervisors

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