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Neusoft (SHSE:600718) Cyclically Adjusted FCF per Share : ¥-0.01 (As of Mar. 2024)


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What is Neusoft 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.

Neusoft's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.449. 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 ¥-0.01 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 25.30% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 7.60% 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 Neusoft was 25.30% per year. The lowest was -48.10% per year. And the median was -12.60% per year.

As of today (2024-06-09), Neusoft's current stock price is ¥7.84. Neusoft's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.01. Neusoft's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Neusoft was 1552.50. The lowest was 89.89. And the median was 198.57.


Neusoft Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Neusoft'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.

Neusoft Cyclically Adjusted FCF per Share Chart

Neusoft 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 -0.13 -0.12 -0.09 -0.10 -0.05

Neusoft 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 -0.06 -0.06 -0.04 -0.05 -0.01

Competitive Comparison of Neusoft's Cyclically Adjusted FCF per Share

For the Software - Application subindustry, Neusoft'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.


Neusoft's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Neusoft's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Neusoft 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, Neusoft'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)
=-0.449/115.2271*115.2271
=-0.449

Current CPI (Mar. 2024) = 115.2271.

Neusoft Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.195 98.200 -0.229
201409 -0.202 98.900 -0.235
201412 0.956 99.000 1.113
201503 -0.776 99.900 -0.895
201506 -0.218 99.500 -0.252
201509 -0.241 100.500 -0.276
201512 1.006 100.600 1.152
201603 -0.916 102.200 -1.033
201606 -0.352 101.400 -0.400
201609 -0.197 102.400 -0.222
201612 1.152 102.600 1.294
201703 -0.948 103.200 -1.058
201706 0.101 103.100 0.113
201709 -0.100 104.100 -0.111
201712 0.982 104.500 1.083
201803 -0.912 105.300 -0.998
201806 0.021 104.900 0.023
201809 -0.326 106.600 -0.352
201812 1.172 106.500 1.268
201903 -1.074 107.700 -1.149
201906 -0.160 107.700 -0.171
201909 -0.034 109.800 -0.036
201912 1.174 111.200 1.217
202003 -0.795 112.300 -0.816
202006 0.128 110.400 0.134
202009 -0.162 111.700 -0.167
202012 0.918 111.500 0.949
202103 -0.737 112.662 -0.754
202106 0.220 111.769 0.227
202109 0.068 112.215 0.070
202112 0.768 113.108 0.782
202203 -0.984 114.335 -0.992
202206 0.204 114.558 0.205
202209 -0.201 115.339 -0.201
202212 0.716 115.116 0.717
202303 -0.466 115.116 -0.466
202306 -0.096 114.558 -0.097
202309 0.035 115.339 0.035
202312 0.871 114.781 0.874
202403 -0.449 115.227 -0.449

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


Neusoft  (SHSE:600718) 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 Neusoft was 1552.50. The lowest was 89.89. And the median was 198.57.


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.


Neusoft Cyclically Adjusted FCF per Share Related Terms

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


Neusoft (SHSE:600718) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Neusoft Corp (SHSE:600718) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
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Address
No. 2 Xinxiu Street, Dongda Software Park, Hunnan New District, Shenyang, Liaoning, CHN, 110179
Neusoft Corp provides information technology solutions and services. The company focuses on software technology and provides industry solutions and product engineering solutions, related software products and platforms, and services. It serves the following industries - telecom, energy, finance, government, manufacturing, trade logistics, healthcare, education, transportation, mobile internet, media, and environmental protection. Neusoft offers services like - application development and maintenance, ERP implementation and consulting, testing, performance engineering, software localization and globalization, IT infrastructure, BPO, IT education and training.
Executives
Gai Long Jia senior management
Wang Jing Xi senior management
Zhang Xiao Ou senior management
Wang Yong Feng Directors, senior managers
Chen Xi Min Directors, senior managers
Wang Nan senior management
Xu Hong Li senior management
Li Jun senior management
Liu Ji Ren Director
Diao Ai Li Supervisors
Yang Wei Supervisors
Lu Chao Xia senior management
Zhang Xia senior management
Jian Guo Dong senior management
Ge Sheng Liu Supervisors

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