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Delixi New Energy Technology Co (SHSE:603032) Cyclically Adjusted FCF per Share : ¥0.38 (As of Mar. 2024)


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What is Delixi New Energy 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.

Delixi New Energy Technology Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥0.017. 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 ¥0.38 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-10), Delixi New Energy Technology Co's current stock price is ¥12.80. Delixi New Energy Technology Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.38. Delixi New Energy Technology Co's Cyclically Adjusted Price-to-FCF of today is 33.68.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Delixi New Energy Technology Co was 60.82. The lowest was 33.68. And the median was 43.71.


Delixi New Energy Technology Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Delixi New Energy 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.

Delixi New Energy Technology Co Cyclically Adjusted FCF per Share Chart

Delixi New Energy Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
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Delixi New Energy 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 - - - - 0.38

Competitive Comparison of Delixi New Energy Technology Co's Cyclically Adjusted FCF per Share

For the Railroads subindustry, Delixi New Energy 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.


Delixi New Energy Technology Co's Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Delixi New Energy Technology Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Delixi New Energy 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, Delixi New Energy 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)
=0.017/115.2271*115.2271
=0.017

Current CPI (Mar. 2024) = 115.2271.

Delixi New Energy Technology Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201112 0.000 92.885 0.000
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201406 0.000 98.200 0.000
201412 0.000 99.000 0.000
201509 0.000 100.500 0.000
201512 0.000 100.600 0.000
201603 -0.427 102.200 -0.481
201606 0.528 101.400 0.600
201609 0.055 102.400 0.062
201612 0.295 102.600 0.331
201703 -1.110 103.200 -1.239
201706 1.572 103.100 1.757
201709 0.039 104.100 0.043
201712 -0.008 104.500 -0.009
201803 -0.044 105.300 -0.048
201806 0.008 104.900 0.009
201809 0.016 106.600 0.017
201812 -0.084 106.500 -0.091
201903 0.279 107.700 0.298
201906 -0.089 107.700 -0.095
201909 -0.035 109.800 -0.037
201912 -0.023 111.200 -0.024
202003 -0.036 112.300 -0.037
202006 -0.008 110.400 -0.008
202009 -0.019 111.700 -0.020
202012 -0.002 111.500 -0.002
202103 -0.038 112.662 -0.039
202106 0.125 111.769 0.129
202109 0.028 112.215 0.029
202112 0.079 113.108 0.080
202203 -0.011 114.335 -0.011
202206 0.144 114.558 0.145
202209 -0.021 115.339 -0.021
202212 0.318 115.116 0.318
202303 -0.177 115.116 -0.177
202306 0.667 114.558 0.671
202309 0.219 115.339 0.219
202312 0.724 114.781 0.727
202403 0.017 115.227 0.017

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


Delixi New Energy Technology Co  (SHSE:603032) 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.

Delixi New Energy Technology Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=12.80/0.38
=33.68

* 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 Delixi New Energy Technology Co was 60.82. The lowest was 33.68. And the median was 43.71.


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.


Delixi New Energy Technology Co Cyclically Adjusted FCF per Share Related Terms

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


Delixi New Energy Technology Co (SHSE:603032) Business Description

Traded in Other Exchanges
N/A
Address
No. 236, High-speed Railway North 5th Road, Economic and Technological Development Zone (Toutunhe District), Xinjiang Uygur Autonomous Region, Urumqi, CHN, 830000
Delixi New Energy Technology Co Ltd formerly Delixi Xinjiang Transportation Co Ltd is engaged in overland passenger transport business. Its services include overland passenger transport business and passenger bus station business.
Executives
Song Guo Qiang Director
Wu Da Xue senior management
Du Hai Tao senior management
Wang Zhong Ming Director
Chen Xiang senior management
Qiu Ling senior management
Ma Yue Jin Director

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