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GRG Banking Equipment Co (SZSE:002152) Cyclically Adjusted FCF per Share : ¥0.41 (As of Mar. 2024)


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What is GRG Banking Equipment 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.

GRG Banking Equipment Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.314. 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 ¥0.41 for the trailing ten years ended in Mar. 2024.

During the past 12 months, GRG Banking Equipment Co's average Cyclically Adjusted FCF Growth Rate was 5.10% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 4.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 5.80% 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 GRG Banking Equipment Co was 9.40% per year. The lowest was 4.40% per year. And the median was 8.35% per year.

As of today (2024-06-06), GRG Banking Equipment Co's current stock price is ¥10.65. GRG Banking Equipment Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.41. GRG Banking Equipment Co's Cyclically Adjusted Price-to-FCF of today is 25.98.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of GRG Banking Equipment Co was 96.27. The lowest was 17.55. And the median was 29.79.


GRG Banking Equipment Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for GRG Banking Equipment 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.

GRG Banking Equipment Co Cyclically Adjusted FCF per Share Chart

GRG Banking Equipment 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 0.34 0.36 0.39 0.40 0.41

GRG Banking Equipment 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 0.39 0.38 0.38 0.41 0.41

Competitive Comparison of GRG Banking Equipment Co's Cyclically Adjusted FCF per Share

For the Business Equipment & Supplies subindustry, GRG Banking Equipment 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.


GRG Banking Equipment Co's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, GRG Banking Equipment Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where GRG Banking Equipment Co's Cyclically Adjusted Price-to-FCF falls into.



GRG Banking Equipment 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, GRG Banking Equipment 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)
=-0.314/115.2271*115.2271
=-0.314

Current CPI (Mar. 2024) = 115.2271.

GRG Banking Equipment Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.030 98.200 -0.035
201409 -0.005 98.900 -0.006
201412 0.814 99.000 0.947
201503 -0.294 99.900 -0.339
201506 -0.068 99.500 -0.079
201509 -0.102 100.500 -0.117
201512 0.827 100.600 0.947
201603 -0.172 102.200 -0.194
201606 -0.023 101.400 -0.026
201609 0.044 102.400 0.050
201612 0.607 102.600 0.682
201703 -0.245 103.200 -0.274
201706 -0.031 103.100 -0.035
201709 0.056 104.100 0.062
201712 0.423 104.500 0.466
201803 -0.195 105.300 -0.213
201806 -0.023 104.900 -0.025
201809 0.069 106.600 0.075
201812 0.548 106.500 0.593
201903 -0.232 107.700 -0.248
201906 0.006 107.700 0.006
201909 0.032 109.800 0.034
201912 0.454 111.200 0.470
202003 -0.325 112.300 -0.333
202006 -0.163 110.400 -0.170
202009 0.147 111.700 0.152
202012 0.598 111.500 0.618
202103 -0.224 112.662 -0.229
202106 0.011 111.769 0.011
202109 0.053 112.215 0.054
202112 0.582 113.108 0.593
202203 -0.333 114.335 -0.336
202206 -0.016 114.558 -0.016
202209 0.020 115.339 0.020
202212 0.854 115.116 0.855
202303 -0.316 115.116 -0.316
202306 -0.081 114.558 -0.081
202309 -0.012 115.339 -0.012
202312 0.897 114.781 0.900
202403 -0.314 115.227 -0.314

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


GRG Banking Equipment Co  (SZSE:002152) 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.

GRG Banking Equipment Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=10.65/0.41
=25.98

* 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 GRG Banking Equipment Co was 96.27. The lowest was 17.55. And the median was 29.79.


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.


GRG Banking Equipment Co Cyclically Adjusted FCF per Share Related Terms

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


GRG Banking Equipment Co (SZSE:002152) Business Description

Traded in Other Exchanges
N/A
Address
No. 911, Colin Road, Science City, Hi-Tech Industrial Development Zone, Guangdong Province, Guangzhou, CHN, 510663
GRG Banking Equipment Co Ltd is engaged in the development and manufacturing of automated teller machines. Its business covers many more areas, such as smart transportation solution, public security with AI technologies like biometrics identification, image, and video analysis, and big data. Its products and services consist of a financial self-service solution such as retail solution and branch automation, cash sorting machine, OEM module, and terminal equipment.
Executives
Zhong Yong Secretary Dong
Ye Zi Yu Directors, executives
Kuang Jian Zhou Supervisors
Jiang Chun Chen Executives
Feng Feng Sui Supervisors
Li Ye Dong Executives
Chen Zhen Guang Executives
Zhu Li Xin Supervisors
Xiao Xun Yong Director
Chen Jian Liang Executives
Zhao You Yong Director
Yang Hai Zhou Director
Zhou Jian Kang Supervisors
Ceng Wen Executives
Wang Jun Director

GRG Banking Equipment Co (SZSE:002152) Headlines

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