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Guangdong Haid Group Co (SZSE:002311) Cyclically Adjusted FCF per Share : ¥0.21 (As of Mar. 2024)


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What is Guangdong Haid 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 Haid Group Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-2.050. 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 ¥0.21 for the trailing ten years ended in Mar. 2024.

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 Haid Group Co was -5.30% per year. The lowest was -39.50% per year. And the median was -29.40% per year.

As of today (2024-06-10), Guangdong Haid Group Co's current stock price is ¥49.24. Guangdong Haid Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.21. Guangdong Haid Group Co's Cyclically Adjusted Price-to-FCF of today is 234.48.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Guangdong Haid Group Co was 311.00. The lowest was 76.14. And the median was 167.03.


Guangdong Haid Group Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Guangdong Haid 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 Haid Group Co Cyclically Adjusted FCF per Share Chart

Guangdong Haid 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 -0.06 -0.19 -0.26 -0.07 0.50

Guangdong Haid 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 -0.11 0.16 0.36 0.50 0.21

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

For the Packaged Foods subindustry, Guangdong Haid 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 Haid Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Guangdong Haid Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Guangdong Haid 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 Haid 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)
=-2.05/115.2271*115.2271
=-2.050

Current CPI (Mar. 2024) = 115.2271.

Guangdong Haid Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.024 98.200 -0.028
201409 -0.505 98.900 -0.588
201412 0.310 99.000 0.361
201503 -0.101 99.900 -0.116
201506 0.602 99.500 0.697
201509 -0.340 100.500 -0.390
201512 0.329 100.600 0.377
201603 0.221 102.200 0.249
201606 -0.125 101.400 -0.142
201609 -0.001 102.400 -0.001
201612 0.256 102.600 0.288
201703 -0.367 103.200 -0.410
201706 -0.068 103.100 -0.076
201709 -0.213 104.100 -0.236
201712 0.177 104.500 0.195
201803 -0.151 105.300 -0.165
201806 -0.162 104.900 -0.178
201809 -0.511 106.600 -0.552
201812 0.288 106.500 0.312
201903 -0.794 107.700 -0.849
201906 0.211 107.700 0.226
201909 0.673 109.800 0.706
201912 0.472 111.200 0.489
202003 -0.546 112.300 -0.560
202006 -0.173 110.400 -0.181
202009 -0.967 111.700 -0.998
202012 -0.101 111.500 -0.104
202103 -1.195 112.662 -1.222
202106 0.115 111.769 0.119
202109 0.213 112.215 0.219
202112 -0.055 113.108 -0.056
202203 -1.745 114.335 -1.759
202206 1.483 114.558 1.492
202209 1.480 115.339 1.479
202212 -0.123 115.116 -0.123
202303 -0.439 115.116 -0.439
202306 2.713 114.558 2.729
202309 1.767 115.339 1.765
202312 1.589 114.781 1.595
202403 -2.050 115.227 -2.050

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


Guangdong Haid Group Co  (SZSE:002311) 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 Haid 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
=49.24/0.21
=234.48

* 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 Haid Group Co was 311.00. The lowest was 76.14. And the median was 167.03.


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 Haid Group Co Cyclically Adjusted FCF per Share Related Terms

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Guangdong Haid Group Co (SZSE:002311) Business Description

Traded in Other Exchanges
N/A
Address
Haid Mansion, No. 42, Road 4, Room 701, Building 2, Panyu District, Wangbo, Nancun Town, Guangzhou, CHN, 511445
Guangdong Haid Group Co Ltd is a China-based company. It is engaged in the production and sale of aquatic, livestock, poultry foodstuffs, animal healthcare products, and seedling. Geographically, it derives a majority of revenue from Southern China and also has a presence in Eastern China, Northern China, Central China, and Overseas.
Executives
Shen Dong Supervisors
Chen Zhong Zhu Executives
Mi Guo Cheng Executives
Liu Guo Xiang Executives
Jiang Xie Wu Executives
Cheng Qi Directors, executives
Qian Xue Qiao Directors, executives
Huang Zhi Jian Directors, executives
Lu Jie Wen Securities Affairs Representative
Yang Shao Lin Executives
Yang Hua Fang Securities Affairs Representative
Tian Li Directors, executives
Qi Zhen Xiong Supervisors
Xie Ming Quan Supervisors
Wang Jing Supervisors

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