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Beijing Haohua Energy Resource Co (SHSE:601101) Cyclically Adjusted FCF per Share : ¥0.84 (As of Mar. 2024)


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What is Beijing Haohua Energy Resource 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.

Beijing Haohua Energy Resource Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥0.630. 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 ¥0.84 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Beijing Haohua Energy Resource Co's average Cyclically Adjusted FCF Growth Rate was 25.40% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 68.80% 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 Beijing Haohua Energy Resource Co was 81.70% per year. The lowest was 68.80% per year. And the median was 75.25% per year.

As of today (2024-06-08), Beijing Haohua Energy Resource Co's current stock price is ¥9.96. Beijing Haohua Energy Resource Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.84. Beijing Haohua Energy Resource Co's Cyclically Adjusted Price-to-FCF of today is 11.86.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Beijing Haohua Energy Resource Co was 521.67. The lowest was 7.43. And the median was 19.36.


Beijing Haohua Energy Resource Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Beijing Haohua Energy Resource 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.

Beijing Haohua Energy Resource Co Cyclically Adjusted FCF per Share Chart

Beijing Haohua Energy Resource 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 0.10 0.16 0.36 0.60 0.77

Beijing Haohua Energy Resource 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 0.67 0.67 0.77 0.77 0.84

Competitive Comparison of Beijing Haohua Energy Resource Co's Cyclically Adjusted FCF per Share

For the Thermal Coal subindustry, Beijing Haohua Energy Resource 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.


Beijing Haohua Energy Resource Co's Cyclically Adjusted Price-to-FCF Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Beijing Haohua Energy Resource Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Beijing Haohua Energy Resource Co's Cyclically Adjusted Price-to-FCF falls into.



Beijing Haohua Energy Resource 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, Beijing Haohua Energy Resource 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)
=0.63/115.2271*115.2271
=0.630

Current CPI (Mar. 2024) = 115.2271.

Beijing Haohua Energy Resource Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.127 98.200 -0.149
201409 -0.446 98.900 -0.520
201412 -0.184 99.000 -0.214
201503 -0.312 99.900 -0.360
201506 -0.204 99.500 -0.236
201509 -0.015 100.500 -0.017
201512 -0.103 100.600 -0.118
201603 -0.066 102.200 -0.074
201606 0.139 101.400 0.158
201609 0.248 102.400 0.279
201612 0.118 102.600 0.133
201703 0.208 103.200 0.232
201706 0.188 103.100 0.210
201709 0.108 104.100 0.120
201712 0.319 104.500 0.352
201803 0.411 105.300 0.450
201806 0.563 104.900 0.618
201809 0.364 106.600 0.393
201812 0.151 106.500 0.163
201903 0.136 107.700 0.146
201906 0.253 107.700 0.271
201909 0.376 109.800 0.395
201912 -0.003 111.200 -0.003
202003 0.228 112.300 0.234
202006 0.367 110.400 0.383
202009 0.186 111.700 0.192
202012 -0.217 111.500 -0.224
202103 0.338 112.662 0.346
202106 0.547 111.769 0.564
202109 1.233 112.215 1.266
202112 0.066 113.108 0.067
202203 0.361 114.335 0.364
202206 1.130 114.558 1.137
202209 0.538 115.339 0.537
202212 -0.229 115.116 -0.229
202303 0.686 115.116 0.687
202306 0.037 114.558 0.037
202309 0.653 115.339 0.652
202312 -0.479 114.781 -0.481
202403 0.630 115.227 0.630

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


Beijing Haohua Energy Resource Co  (SHSE:601101) 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.

Beijing Haohua Energy Resource Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=9.96/0.84
=11.86

* 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 Beijing Haohua Energy Resource Co was 521.67. The lowest was 7.43. And the median was 19.36.


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.


Beijing Haohua Energy Resource Co Cyclically Adjusted FCF per Share Related Terms

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Beijing Haohua Energy Resource Co (SHSE:601101) Business Description

Traded in Other Exchanges
N/A
Address
Beijing New Bridge Street on the 2nd Mentougou, Beijing, CHN, 102300
Beijing Haohua Energy Resource Co Ltd is engaged in coal mining, washing and processing, export, and sales. The products of the company include anthracite coal, ultra-low sulphur, ultra-low phosphorus, low nitrogen, medium and low ash, high calorific value, and high stability.
Executives
Hao Hong Xia Director

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