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Wuliangye Yibin Co (SZSE:000858) Cyclically Adjusted FCF per Share : ¥4.40 (As of Mar. 2024)


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What is Wuliangye Yibin 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.

Wuliangye Yibin Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.004. 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 ¥4.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Wuliangye Yibin Co's average Cyclically Adjusted FCF Growth Rate was 23.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 18.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 14.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 15.10% 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 Wuliangye Yibin Co was 45.40% per year. The lowest was 7.00% per year. And the median was 16.20% per year.

As of today (2024-05-04), Wuliangye Yibin Co's current stock price is ¥150.43. Wuliangye Yibin Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥4.40. Wuliangye Yibin Co's Cyclically Adjusted Price-to-FCF of today is 34.19.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Wuliangye Yibin Co was 131.95. The lowest was 13.43. And the median was 38.19.


Wuliangye Yibin Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Wuliangye Yibin 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.

Wuliangye Yibin Co Cyclically Adjusted FCF per Share Chart

Wuliangye Yibin 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 2.50 2.61 3.01 3.38 4.33

Wuliangye Yibin 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 3.57 3.58 3.90 4.33 4.40

Competitive Comparison of Wuliangye Yibin Co's Cyclically Adjusted FCF per Share

For the Beverages - Wineries & Distilleries subindustry, Wuliangye Yibin 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.


Wuliangye Yibin Co's Cyclically Adjusted Price-to-FCF Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Wuliangye Yibin Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Wuliangye Yibin 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, Wuliangye Yibin 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)
=-0.004/114.6694*114.6694
=-0.004

Current CPI (Mar. 2024) = 114.6694.

Wuliangye Yibin Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.069 98.200 0.081
201409 0.259 98.900 0.300
201412 0.377 99.000 0.437
201503 0.482 99.900 0.553
201506 0.279 99.500 0.322
201509 0.658 100.500 0.751
201512 0.240 100.600 0.274
201603 0.174 102.200 0.195
201606 0.917 101.400 1.037
201609 1.637 102.400 1.833
201612 0.272 102.600 0.304
201703 0.468 103.200 0.520
201706 0.342 103.100 0.380
201709 0.761 104.100 0.838
201712 0.943 104.500 1.035
201803 0.593 105.300 0.646
201806 -0.486 104.900 -0.531
201809 0.833 106.600 0.896
201812 2.146 106.500 2.311
201903 2.017 107.700 2.148
201906 -0.195 107.700 -0.208
201909 1.972 109.800 2.059
201912 1.720 111.200 1.774
202003 -0.347 112.300 -0.354
202006 0.576 110.400 0.598
202009 0.641 111.700 0.658
202012 2.662 111.500 2.738
202103 1.305 112.662 1.328
202106 0.784 111.769 0.804
202109 1.642 112.215 1.678
202112 2.771 113.108 2.809
202203 -0.995 114.335 -0.998
202206 1.245 114.558 1.246
202209 2.143 115.339 2.131
202212 3.442 115.116 3.429
202303 2.172 115.116 2.164
202306 0.400 114.558 0.400
202309 2.566 115.339 2.551
202312 4.854 114.669 4.854
202403 -0.004 114.669 -0.004

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


Wuliangye Yibin Co  (SZSE:000858) 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.

Wuliangye Yibin Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=150.43/4.4
=34.19

* 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 Wuliangye Yibin Co was 131.95. The lowest was 13.43. And the median was 38.19.


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.


Wuliangye Yibin Co Cyclically Adjusted FCF per Share Related Terms

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


Wuliangye Yibin Co (SZSE:000858) Business Description

Traded in Other Exchanges
N/A
Address
No.150, Minjiang West Road, Cuiping District, Sichuan Province, Yibin, CHN, 644007
Wuliangye Yibin is China's second-largest baijiu producer by revenue, with sales of CNY 74 billion in 2022 compared with CNY 124 billion for Moutai. Founded in the 1950s, Wuliangye is located in Yibin, Sichuan province, in southwest China. Its core product, 52-degree Wuliangye, is widely known as the best rice-flavored baijiu in the market. The high-quality products, extensive history and brand strength have led to strong pricing power, allowing the company to enjoy high retail prices and profit margins.

Wuliangye Yibin Co (SZSE:000858) Headlines

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