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CCCG Real Estate (SZSE:000736) Cyclically Adjusted FCF per Share : ¥-3.63 (As of Mar. 2024)


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What is CCCG Real Estate 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.

CCCG Real Estate's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥1.765. 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 ¥-3.63 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 3.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -36.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -24.60% 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 CCCG Real Estate was 7.90% per year. The lowest was -81.90% per year. And the median was -2.40% per year.

As of today (2024-06-06), CCCG Real Estate's current stock price is ¥9.32. CCCG Real Estate's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-3.63. CCCG Real Estate's Cyclically Adjusted Price-to-FCF of today is .


CCCG Real Estate Cyclically Adjusted FCF per Share Historical Data

The historical data trend for CCCG Real Estate'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.

CCCG Real Estate Cyclically Adjusted FCF per Share Chart

CCCG Real Estate 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 -1.71 -4.32 -5.42 -5.18 -3.83

CCCG Real Estate 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 -5.30 -4.69 -4.52 -3.83 -3.63

Competitive Comparison of CCCG Real Estate's Cyclically Adjusted FCF per Share

For the Real Estate - Development subindustry, CCCG Real Estate'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.


CCCG Real Estate's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, CCCG Real Estate's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where CCCG Real Estate's Cyclically Adjusted Price-to-FCF falls into.



CCCG Real Estate 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, CCCG Real Estate'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)
=1.765/115.2271*115.2271
=1.765

Current CPI (Mar. 2024) = 115.2271.

CCCG Real Estate Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.283 98.200 -0.332
201409 -1.295 98.900 -1.509
201412 -0.505 99.000 -0.588
201503 -0.341 99.900 -0.393
201506 0.091 99.500 0.105
201509 0.443 100.500 0.508
201512 -1.250 100.600 -1.432
201603 0.400 102.200 0.451
201606 -2.133 101.400 -2.424
201609 0.693 102.400 0.780
201612 1.153 102.600 1.295
201703 1.721 103.200 1.922
201706 -5.026 103.100 -5.617
201709 -5.728 104.100 -6.340
201712 -0.903 104.500 -0.996
201803 -0.071 105.300 -0.078
201806 3.202 104.900 3.517
201809 1.801 106.600 1.947
201812 3.318 106.500 3.590
201903 -5.840 107.700 -6.248
201906 -0.310 107.700 -0.332
201909 -2.472 109.800 -2.594
201912 0.895 111.200 0.927
202003 -12.837 112.300 -13.172
202006 -0.983 110.400 -1.026
202009 -6.548 111.700 -6.755
202012 -6.528 111.500 -6.746
202103 -4.693 112.662 -4.800
202106 -11.860 111.769 -12.227
202109 -3.042 112.215 -3.124
202112 9.218 113.108 9.391
202203 2.457 114.335 2.476
202206 1.537 114.558 1.546
202209 1.367 115.339 1.366
202212 -1.359 115.116 -1.360
202303 -1.542 115.116 -1.543
202306 5.851 114.558 5.885
202309 2.015 115.339 2.013
202312 3.816 114.781 3.831
202403 1.765 115.227 1.765

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


CCCG Real Estate  (SZSE:000736) 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.


CCCG Real Estate Cyclically Adjusted FCF per Share Related Terms

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


CCCG Real Estate (SZSE:000736) Business Description

Traded in Other Exchanges
N/A
Address
No. 86, Jianxin North Road, Jiangbei District, Chongqing, CHN, 401120
CCCG Real Estate Corp Ltd operates in the real estate industry. The company is engaged in the design and construction of ports, roads, and bridges. The company also manufactures container handling crane.
Executives
Zhou Dong Executives
Ye Rui Jia Supervisors
Chen Ling Supervisors
Zhong Fei Director
Shen Gong Wei Director
Fang Zhu Supervisors

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