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Sichuan EM Technology Co (SHSE:601208) Cyclically Adjusted FCF per Share : ¥-0.26 (As of Mar. 2024)


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What is Sichuan EM Technology 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.

Sichuan EM Technology Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.333. 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 ¥-0.26 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -32.00% 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 Sichuan EM Technology Co was -28.10% per year. The lowest was -32.00% per year. And the median was -30.05% per year.

As of today (2024-06-12), Sichuan EM Technology Co's current stock price is ¥7.41. Sichuan EM Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.26. Sichuan EM Technology Co's Cyclically Adjusted Price-to-FCF of today is .


Sichuan EM Technology Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Sichuan EM Technology 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.

Sichuan EM Technology Co Cyclically Adjusted FCF per Share Chart

Sichuan EM Technology 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 -0.10 -0.10 -0.21 -0.23

Sichuan EM Technology 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 -0.23 -0.22 -0.22 -0.23 -0.26

Competitive Comparison of Sichuan EM Technology Co's Cyclically Adjusted FCF per Share

For the Chemicals subindustry, Sichuan EM Technology 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.


Sichuan EM Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sichuan EM Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Sichuan EM Technology Co's Cyclically Adjusted Price-to-FCF falls into.



Sichuan EM Technology 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, Sichuan EM Technology 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)
=-0.333/115.2271*115.2271
=-0.333

Current CPI (Mar. 2024) = 115.2271.

Sichuan EM Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.049 98.200 0.057
201409 -0.096 98.900 -0.112
201412 -0.208 99.000 -0.242
201503 -0.070 99.900 -0.081
201506 0.065 99.500 0.075
201509 0.004 100.500 0.005
201512 -0.045 100.600 -0.052
201603 0.003 102.200 0.003
201606 0.114 101.400 0.130
201609 0.183 102.400 0.206
201612 0.016 102.600 0.018
201703 -0.055 103.200 -0.061
201706 -0.024 103.100 -0.027
201709 0.050 104.100 0.055
201712 0.079 104.500 0.087
201803 -0.027 105.300 -0.030
201806 0.026 104.900 0.029
201809 0.049 106.600 0.053
201812 0.249 106.500 0.269
201903 -0.071 107.700 -0.076
201906 -0.009 107.700 -0.010
201909 0.053 109.800 0.056
201912 0.040 111.200 0.041
202003 -0.084 112.300 -0.086
202006 -0.008 110.400 -0.008
202009 -0.042 111.700 -0.043
202012 0.064 111.500 0.066
202103 -0.042 112.662 -0.043
202106 -0.027 111.769 -0.028
202109 -0.182 112.215 -0.187
202112 -0.211 113.108 -0.215
202203 -0.447 114.335 -0.450
202206 -0.301 114.558 -0.303
202209 -0.416 115.339 -0.416
202212 -0.166 115.116 -0.166
202303 -0.442 115.116 -0.442
202306 -0.025 114.558 -0.025
202309 -0.239 115.339 -0.239
202312 -0.091 114.781 -0.091
202403 -0.333 115.227 -0.333

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


Sichuan EM Technology Co  (SHSE:601208) 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.


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.


Sichuan EM Technology Co Cyclically Adjusted FCF per Share Related Terms

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


Sichuan EM Technology Co (SHSE:601208) Business Description

Traded in Other Exchanges
N/A
Address
China Mianyang Dongxing Road 6, Sichuan, CHN, 621000
Sichuan EM Technology Co Ltd focuses on the development of new insulation materials, optical materials, and environmental protection flame retardant materials in China. Its products include mica tapes, film coating products, polypropylene films, cast sheets or films, and electrical polyester films.
Executives
Luo Chun Ming senior management
Shi Qiang Supervisors
Zhou You senior management
Chen Jie senior management
Liang Qian Qian Supervisors
Li Gang senior management
Li Wen Quan senior management
Jing Guo Ren senior management
Tang An Bin Director
Cao Xue Directors, senior managers
Yu Shao Bo Director
Wang Xiao Quan senior management
Xiong Ling Yao Director
Yin Sheng Director
Zong Yue Qiang Supervisors

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