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Zhejiang Netsun Co (SZSE:002095) Cyclically Adjusted FCF per Share : ¥-0.22 (As of Mar. 2024)


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What is Zhejiang Netsun 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.

Zhejiang Netsun Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥0.003. 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 ¥-0.22 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -122.40% 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 Zhejiang Netsun Co was -11.20% per year. The lowest was -122.40% per year. And the median was -26.55% per year.

As of today (2024-06-10), Zhejiang Netsun Co's current stock price is ¥12.47. Zhejiang Netsun Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.22. Zhejiang Netsun Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Zhejiang Netsun Co was 1689.50. The lowest was 164.50. And the median was 430.31.


Zhejiang Netsun Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Zhejiang Netsun 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.

Zhejiang Netsun Co Cyclically Adjusted FCF per Share Chart

Zhejiang Netsun 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 0.07 -0.02 -0.06 -0.14 -0.22

Zhejiang Netsun 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 -0.15 -0.14 -0.15 -0.22 -0.22

Competitive Comparison of Zhejiang Netsun Co's Cyclically Adjusted FCF per Share

For the Software - Application subindustry, Zhejiang Netsun 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.


Zhejiang Netsun Co's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

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

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



Zhejiang Netsun 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, Zhejiang Netsun 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)
=0.003/115.2271*115.2271
=0.003

Current CPI (Mar. 2024) = 115.2271.

Zhejiang Netsun Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.026 98.200 0.031
201409 0.032 98.900 0.037
201412 0.032 99.000 0.037
201503 0.017 99.900 0.020
201506 0.052 99.500 0.060
201509 -0.003 100.500 -0.003
201512 -0.222 100.600 -0.254
201603 0.008 102.200 0.009
201606 0.007 101.400 0.008
201609 -0.048 102.400 -0.054
201612 -0.025 102.600 -0.028
201703 -0.608 103.200 -0.679
201706 0.108 103.100 0.121
201709 0.180 104.100 0.199
201712 0.120 104.500 0.132
201803 0.377 105.300 0.413
201806 -0.385 104.900 -0.423
201809 -0.069 106.600 -0.075
201812 -0.081 106.500 -0.088
201903 -0.240 107.700 -0.257
201906 0.612 107.700 0.655
201909 0.045 109.800 0.047
201912 -0.071 111.200 -0.074
202003 -0.215 112.300 -0.221
202006 0.160 110.400 0.167
202009 -0.325 111.700 -0.335
202012 -0.272 111.500 -0.281
202103 -0.139 112.662 -0.142
202106 -0.113 111.769 -0.116
202109 -0.164 112.215 -0.168
202112 0.121 113.108 0.123
202203 -0.193 114.335 -0.195
202206 -0.320 114.558 -0.322
202209 0.102 115.339 0.102
202212 -0.082 115.116 -0.082
202303 -0.055 115.116 -0.055
202306 0.124 114.558 0.125
202309 -0.056 115.339 -0.056
202312 -0.551 114.781 -0.553
202403 0.003 115.227 0.003

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


Zhejiang Netsun Co  (SZSE:002095) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Zhejiang Netsun Co was 1689.50. The lowest was 164.50. And the median was 430.31.


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.


Zhejiang Netsun Co Cyclically Adjusted FCF per Share Related Terms

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Zhejiang Netsun Co (SZSE:002095) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 187 Moganshan Road, Netsun Tower, 12F, Hangzhou, Zhejiang, CHN, 310012
Zhejiang Netsun Co Ltd is a high-tech enterprise specializing in Internet information services, e-commerce, professional search engines and enterprise application software development.
Executives
Lv Gang Director
Tong Mao Rong Directors, executives
Sun De Liang Directors, executives
Fu Zhi Yong Director
Chen Qiong Securities Affairs Representative
Yu Wei Dong Directors, executives
Zhu Jiong Supervisors

Zhejiang Netsun Co (SZSE:002095) Headlines

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