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Duolun Technology (SHSE:603528) Cyclically Adjusted FCF per Share : ¥0.17 (As of Mar. 2024)


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What is Duolun Technology 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.

Duolun Technology's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.022. 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 ¥0.17 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), Duolun Technology's current stock price is ¥6.15. Duolun Technology's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.17. Duolun Technology's Cyclically Adjusted Price-to-FCF of today is 36.18.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Duolun Technology was 48.50. The lowest was 26.39. And the median was 38.59.


Duolun Technology Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Duolun Technology'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.

Duolun Technology Cyclically Adjusted FCF per Share Chart

Duolun Technology 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 - - - - 0.18

Duolun Technology 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 - - - 0.18 0.17

Competitive Comparison of Duolun Technology's Cyclically Adjusted FCF per Share

For the Software - Application subindustry, Duolun Technology'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.


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

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

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



Duolun Technology 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, Duolun Technology'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)
=-0.022/115.2271*115.2271
=-0.022

Current CPI (Mar. 2024) = 115.2271.

Duolun Technology Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201503 0.079 99.900 0.091
201506 0.219 99.500 0.254
201509 0.152 100.500 0.174
201512 0.524 100.600 0.600
201603 -0.068 102.200 -0.077
201606 0.046 101.400 0.052
201609 -0.010 102.400 -0.011
201612 0.086 102.600 0.097
201703 -0.124 103.200 -0.138
201706 0.058 103.100 0.065
201709 0.172 104.100 0.190
201712 0.005 104.500 0.006
201803 -0.045 105.300 -0.049
201806 0.002 104.900 0.002
201809 0.031 106.600 0.034
201812 0.026 106.500 0.028
201903 -0.017 107.700 -0.018
201906 0.042 107.700 0.045
201909 -0.050 109.800 -0.052
201912 0.096 111.200 0.099
202003 -0.099 112.300 -0.102
202006 0.001 110.400 0.001
202009 -0.006 111.700 -0.006
202012 0.001 111.500 0.001
202103 -0.018 112.662 -0.018
202106 0.053 111.769 0.055
202109 -0.032 112.215 -0.033
202112 0.008 113.108 0.008
202203 0.072 114.335 0.073
202206 0.063 114.558 0.063
202209 0.012 115.339 0.012
202212 0.085 115.116 0.085
202303 -0.020 115.116 -0.020
202306 0.009 114.558 0.009
202309 0.000 115.339 0.000
202312 0.073 114.781 0.073
202403 -0.022 115.227 -0.022

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


Duolun Technology  (SHSE:603528) 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.

Duolun Technology's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=6.15/0.17
=36.18

* 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 Duolun Technology was 48.50. The lowest was 26.39. And the median was 38.59.


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.


Duolun Technology Cyclically Adjusted FCF per Share Related Terms

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


Duolun Technology (SHSE:603528) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1555 Tianyin Avenue, Jiangning District, Nanjing, CHN, 211112
Duolun Technology Corp Ltd develops motor vehicle driving training and examination system, vehicle driving simulation training systems, intelligent traffic management application platform, traffic signal control systems and electronic police systems.
Executives
Li Yi Directors, senior managers
Zhang Tie Min Directors, senior managers
Zhang Tao Supervisors
Li Xiao Lin Supervisors
Song Zhi Director
Su Feng Director
Qian Sheng Shan Directors, senior managers
Li Song senior management
Li Qian Mu Director
Zhang Qiu Nan Director
Lin Chun Hua senior management

Duolun Technology (SHSE:603528) Headlines

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