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Guangdong Tapai Group Co (SZSE:002233) Cyclically Adjusted FCF per Share : ¥0.80 (As of Mar. 2024)


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What is Guangdong Tapai Group 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.

Guangdong Tapai Group Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.135. 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 ¥0.80 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 1.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 6.10% 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 Guangdong Tapai Group Co was 35.70% per year. The lowest was 1.70% per year. And the median was 11.00% per year.

As of today (2024-05-24), Guangdong Tapai Group Co's current stock price is ¥7.08. Guangdong Tapai Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.80. Guangdong Tapai Group Co's Cyclically Adjusted Price-to-FCF of today is 8.85.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Guangdong Tapai Group Co was 57.62. The lowest was 8.06. And the median was 17.55.


Guangdong Tapai Group Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Guangdong Tapai Group 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.

Guangdong Tapai Group Co Cyclically Adjusted FCF per Share Chart

Guangdong Tapai Group 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 0.70 0.79 0.82 0.80 0.83

Guangdong Tapai Group 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 0.80 0.83 0.85 0.83 0.80

Competitive Comparison of Guangdong Tapai Group Co's Cyclically Adjusted FCF per Share

For the Building Materials subindustry, Guangdong Tapai Group 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.


Guangdong Tapai Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Guangdong Tapai Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Guangdong Tapai Group Co's Cyclically Adjusted Price-to-FCF falls into.



Guangdong Tapai Group 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, Guangdong Tapai Group 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)
=-0.135/115.2271*115.2271
=-0.135

Current CPI (Mar. 2024) = 115.2271.

Guangdong Tapai Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.308 98.200 0.361
201409 0.239 98.900 0.278
201412 0.272 99.000 0.317
201503 0.060 99.900 0.069
201506 0.106 99.500 0.123
201509 0.305 100.500 0.350
201512 0.249 100.600 0.285
201603 -0.257 102.200 -0.290
201606 0.177 101.400 0.201
201609 0.137 102.400 0.154
201612 0.293 102.600 0.329
201703 -0.230 103.200 -0.257
201706 0.037 103.100 0.041
201709 0.103 104.100 0.114
201712 0.405 104.500 0.447
201803 0.074 105.300 0.081
201806 0.638 104.900 0.701
201809 0.193 106.600 0.209
201812 0.658 106.500 0.712
201903 -0.460 107.700 -0.492
201906 0.001 107.700 0.001
201909 0.187 109.800 0.196
201912 0.873 111.200 0.905
202003 -0.311 112.300 -0.319
202006 0.422 110.400 0.440
202009 0.534 111.700 0.551
202012 0.739 111.500 0.764
202103 -0.250 112.662 -0.256
202106 0.441 111.769 0.455
202109 0.143 112.215 0.147
202112 0.853 113.108 0.869
202203 -0.544 114.335 -0.548
202206 -0.177 114.558 -0.178
202209 0.175 115.339 0.175
202212 0.591 115.116 0.592
202303 0.132 115.116 0.132
202306 0.198 114.558 0.199
202309 0.210 115.339 0.210
202312 0.097 114.781 0.097
202403 -0.135 115.227 -0.135

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


Guangdong Tapai Group Co  (SZSE:002233) 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.

Guangdong Tapai Group Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=7.08/0.8
=8.85

* 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 Guangdong Tapai Group Co was 57.62. The lowest was 8.06. And the median was 17.55.


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.


Guangdong Tapai Group Co Cyclically Adjusted FCF per Share Related Terms

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


Guangdong Tapai Group Co (SZSE:002233) Business Description

Traded in Other Exchanges
N/A
Address
Tapai Builing, Jiaocheng Town, Jiaoling County, Guangdong, CHN, 514100
Guangdong Tapai Group Co Ltd is engaged in production and sale of cement. The company provides different levels of cement like 32.5R, 42.5R, and 52.R under the brand yueta tower, jiaying, and hengta. This cement can be used for applications such as high rise buildings, roads and bridges, airport runways, and port terminals.
Executives
Zhong Jian Wei Director
He Kun Huang Directors, executives
Lai Hong Fei Directors, Directors, and Executives
Zhong Hua Sheng Executives
Zhong Chao Hui Director
Li Bin Supervisors
Zhong Yuan Supervisors
Liu Yan Dong Executives
Chen Chen Ke Supervisors
Xu Zheng Xiong Executives
Qiu Zeng Hai Executives
Chen Yu Zhan Supervisors
Qiu Wei Jun Executives
Ceng Hao Ping Secretary, Director
Zhong Lie Hua Director

Guangdong Tapai Group Co (SZSE:002233) Headlines

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