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Suzhou Dongshan Precision Manufacturing Co (SZSE:002384) Cyclically Adjusted FCF per Share : ¥-0.24 (As of Mar. 2024)


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What is Suzhou Dongshan Precision Manufacturing 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.

Suzhou Dongshan Precision Manufacturing Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥0.395. 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 ¥-0.24 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 18.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 15.40% 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 Suzhou Dongshan Precision Manufacturing Co was 18.80% per year. The lowest was 10.90% per year. And the median was 14.10% per year.

As of today (2024-06-06), Suzhou Dongshan Precision Manufacturing Co's current stock price is ¥15.48. Suzhou Dongshan Precision Manufacturing Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.24. Suzhou Dongshan Precision Manufacturing Co's Cyclically Adjusted Price-to-FCF of today is .


Suzhou Dongshan Precision Manufacturing Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Suzhou Dongshan Precision Manufacturing 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.

Suzhou Dongshan Precision Manufacturing Co Cyclically Adjusted FCF per Share Chart

Suzhou Dongshan Precision Manufacturing 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 -0.63 -0.56 -0.51 -0.40 -0.30

Suzhou Dongshan Precision Manufacturing 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 -0.36 -0.37 -0.38 -0.30 -0.24

Competitive Comparison of Suzhou Dongshan Precision Manufacturing Co's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, Suzhou Dongshan Precision Manufacturing 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.


Suzhou Dongshan Precision Manufacturing Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Suzhou Dongshan Precision Manufacturing Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Suzhou Dongshan Precision Manufacturing Co's Cyclically Adjusted Price-to-FCF falls into.



Suzhou Dongshan Precision Manufacturing 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, Suzhou Dongshan Precision Manufacturing 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)
=0.395/115.2271*115.2271
=0.395

Current CPI (Mar. 2024) = 115.2271.

Suzhou Dongshan Precision Manufacturing Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.066 98.200 -0.077
201409 -0.090 98.900 -0.105
201412 -0.299 99.000 -0.348
201503 -0.066 99.900 -0.076
201506 -0.153 99.500 -0.177
201509 -0.069 100.500 -0.079
201512 -0.214 100.600 -0.245
201603 -0.074 102.200 -0.083
201606 -0.040 101.400 -0.045
201609 -0.188 102.400 -0.212
201612 -0.502 102.600 -0.564
201703 -0.392 103.200 -0.438
201706 -0.407 103.100 -0.455
201709 0.124 104.100 0.137
201712 -1.664 104.500 -1.835
201803 -0.434 105.300 -0.475
201806 -0.867 104.900 -0.952
201809 -0.456 106.600 -0.493
201812 0.157 106.500 0.170
201903 0.034 107.700 0.036
201906 -0.283 107.700 -0.303
201909 0.084 109.800 0.088
201912 1.418 111.200 1.469
202003 0.015 112.300 0.015
202006 0.049 110.400 0.051
202009 -0.040 111.700 -0.041
202012 0.352 111.500 0.364
202103 -0.259 112.662 -0.265
202106 0.115 111.769 0.119
202109 -0.065 112.215 -0.067
202112 0.310 113.108 0.316
202203 -0.014 114.335 -0.014
202206 0.117 114.558 0.118
202209 0.041 115.339 0.041
202212 0.609 115.116 0.610
202303 0.440 115.116 0.440
202306 -0.204 114.558 -0.205
202309 -0.012 115.339 -0.012
202312 0.785 114.781 0.788
202403 0.395 115.227 0.395

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


Suzhou Dongshan Precision Manufacturing Co  (SZSE:002384) 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.


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.


Suzhou Dongshan Precision Manufacturing Co Cyclically Adjusted FCF per Share Related Terms

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Suzhou Dongshan Precision Manufacturing Co (SZSE:002384) Business Description

Traded in Other Exchanges
N/A
Address
No. 88 Tangdong Road, Wuzhong Economic Development Zone, Suzhou, CHN, 215124
Suzhou Dongshan Precision Manufacturing Co Ltd is a China-based company involved in the research, development, manufacture, and sale of precision metal products. It provides precision manufacturing services for LED lighting, LCM & machine, smart device, and communication device among others.
Executives
Yuan Yong Feng Directors, executives
Yuan Yong Gang Director
Dan Jian Bin Director
Wang Xu Directors, executives
Mao Xiao Yan Directors, Directors, and Executives
Fei Li Jian Supervisors
Huang Li Gui Director
Zheng Feng Independent director
Xu Yi Min Directors, executives
Zhou Gui Hua Executives
Chen Xiao Yong Director

Suzhou Dongshan Precision Manufacturing Co (SZSE:002384) Headlines

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