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Yihua Healthcare Co (SZSE:000150) Cyclically Adjusted FCF per Share : ¥-0.25 (As of Mar. 2023)


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What is Yihua Healthcare 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.

Yihua Healthcare Co's adjusted free cash flow per share for the three months ended in Mar. 2023 was ¥-0.012. 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 ¥-0.25 for the trailing ten years ended in Mar. 2023.

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 (2024-06-09), Yihua Healthcare Co's current stock price is ¥0.51. Yihua Healthcare Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2023 was ¥-0.25. Yihua Healthcare Co's Cyclically Adjusted Price-to-FCF of today is .


Yihua Healthcare Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Yihua Healthcare 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.

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Yihua Healthcare Co Cyclically Adjusted FCF per Share Chart

Yihua Healthcare Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.34 -0.34 -0.31 -0.31 -0.30

Yihua Healthcare Co Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -0.31 -0.31 -0.30 -0.30 -0.25

Competitive Comparison of Yihua Healthcare Co's Cyclically Adjusted FCF per Share

For the Medical Care Facilities subindustry, Yihua Healthcare 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.


Yihua Healthcare Co's Cyclically Adjusted Price-to-FCF Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Yihua Healthcare Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Yihua Healthcare 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, Yihua Healthcare Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=-0.012/115.1156*115.1156
=-0.012

Current CPI (Mar. 2023) = 115.1156.

Yihua Healthcare Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201306 0.007 95.984 0.008
201309 -0.547 97.332 -0.647
201312 -0.314 97.624 -0.370
201403 -0.064 98.600 -0.075
201406 0.054 98.200 0.063
201409 0.116 98.900 0.135
201412 -0.266 99.000 -0.309
201503 0.088 99.900 0.101
201506 0.164 99.500 0.190
201509 -0.070 100.500 -0.080
201512 0.115 100.600 0.132
201603 -0.517 102.200 -0.582
201606 -0.312 101.400 -0.354
201609 0.148 102.400 0.166
201612 -0.006 102.600 -0.007
201703 -0.461 103.200 -0.514
201706 0.327 103.100 0.365
201709 -0.845 104.100 -0.934
201712 0.140 104.500 0.154
201803 0.063 105.300 0.069
201806 -0.253 104.900 -0.278
201809 0.016 106.600 0.017
201812 0.025 106.500 0.027
201903 -0.149 107.700 -0.159
201906 0.082 107.700 0.088
201909 -0.259 109.800 -0.272
201912 0.287 111.200 0.297
202003 -0.387 112.300 -0.397
202006 0.454 110.400 0.473
202009 0.044 111.700 0.045
202012 -0.082 111.500 -0.085
202103 -0.023 112.662 -0.024
202106 0.040 111.769 0.041
202109 -0.034 112.215 -0.035
202112 0.092 113.108 0.094
202203 -0.009 114.335 -0.009
202206 0.054 114.558 0.054
202209 0.009 115.339 0.009
202212 0.094 115.116 0.094
202303 -0.012 115.116 -0.012

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


Yihua Healthcare Co  (SZSE:000150) 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.


Yihua Healthcare Co Cyclically Adjusted FCF per Share Related Terms

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


Yihua Healthcare Co (SZSE:000150) Business Description

Traded in Other Exchanges
N/A
Address
North side of Wenguan Road, Chenghai District, Guangdong Province, Shantou, CHN, 515800
Yihua Healthcare Co Ltd is a China-based company engaged in offering medical and healthcare services. Its provision of services includes integrated medical and logistic service, medical professional engineering, hospital management services and investment medical institutions.
Executives
Wang Shao Nong Director
Liu Shao Sheng Directors, executives
Tan Jin Song Director

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