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Guangzhou Haige Communications Group Co (SZSE:002465) Cyclically Adjusted FCF per Share : ¥-0.01 (As of Mar. 2024)


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What is Guangzhou Haige Communications 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.

Guangzhou Haige Communications Group Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.330. 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 ¥-0.01 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Guangzhou Haige Communications Group Co's average Cyclically Adjusted FCF Growth Rate was -200.00% 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.

As of today (2024-05-26), Guangzhou Haige Communications Group Co's current stock price is ¥10.49. Guangzhou Haige Communications Group Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.01. Guangzhou Haige Communications Group Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Guangzhou Haige Communications Group Co was 1062.00. The lowest was 181.20. And the median was 325.67.


Guangzhou Haige Communications Group Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Guangzhou Haige Communications 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.

Guangzhou Haige Communications Group Co Cyclically Adjusted FCF per Share Chart

Guangzhou Haige Communications 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 -0.02 0.03 0.05 0.04 -

Guangzhou Haige Communications 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 0.01 0.03 0.02 - -0.01

Competitive Comparison of Guangzhou Haige Communications Group Co's Cyclically Adjusted FCF per Share

For the Communication Equipment subindustry, Guangzhou Haige Communications 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.


Guangzhou Haige Communications Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Guangzhou Haige Communications Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Guangzhou Haige Communications 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, Guangzhou Haige Communications 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)
=-0.33/115.2271*115.2271
=-0.330

Current CPI (Mar. 2024) = 115.2271.

Guangzhou Haige Communications Group Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.122 98.200 -0.143
201409 -0.169 98.900 -0.197
201412 0.260 99.000 0.303
201503 -0.131 99.900 -0.151
201506 -0.084 99.500 -0.097
201509 -0.124 100.500 -0.142
201512 0.583 100.600 0.668
201603 -0.144 102.200 -0.162
201606 -0.192 101.400 -0.218
201609 -0.204 102.400 -0.230
201612 0.218 102.600 0.245
201703 -0.316 103.200 -0.353
201706 -0.016 103.100 -0.018
201709 -0.013 104.100 -0.014
201712 0.233 104.500 0.257
201803 -0.095 105.300 -0.104
201806 0.004 104.900 0.004
201809 -0.028 106.600 -0.030
201812 0.332 106.500 0.359
201903 -0.096 107.700 -0.103
201906 -0.095 107.700 -0.102
201909 -0.023 109.800 -0.024
201912 0.327 111.200 0.339
202003 -0.064 112.300 -0.066
202006 0.033 110.400 0.034
202009 0.083 111.700 0.086
202012 0.458 111.500 0.473
202103 -0.063 112.662 -0.064
202106 -0.062 111.769 -0.064
202109 -0.082 112.215 -0.084
202112 0.356 113.108 0.363
202203 -0.199 114.335 -0.201
202206 -0.075 114.558 -0.075
202209 -0.166 115.339 -0.166
202212 0.269 115.116 0.269
202303 -0.261 115.116 -0.261
202306 -0.082 114.558 -0.082
202309 -0.209 115.339 -0.209
202312 0.184 114.781 0.185
202403 -0.330 115.227 -0.330

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


Guangzhou Haige Communications Group Co  (SZSE:002465) 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 Guangzhou Haige Communications Group Co was 1062.00. The lowest was 181.20. And the median was 325.67.


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.


Guangzhou Haige Communications Group Co Cyclically Adjusted FCF per Share Related Terms

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Guangzhou Haige Communications Group Co (SZSE:002465) Business Description

Traded in Other Exchanges
N/A
Address
88 Haiyun Road, Science City, High-tech Industrial Development Zone, Guangzhou, CHN, 510663
Guangzhou Haige Communications Group Inc Co is engaged in the business of manufacturing wireless communication and navigation systems. It provides software solutions to government, finance, transportation, and national defense sectors.
Executives
Yang Hai Zhou Director
Yu Qing Song Directors, executives
Zhou Wei Ji Executives
Jiang Zhen Dong Supervisors
Guo Hong Executives
Yang Wei Lan Executives
Wen Jun Wei Executives
Yu Bin Executives
Wen Li Xia Executives
Tan Wei Ming Directors, executives
Zhang Zhi Qiang Directors, executives
Chen Hua Sheng Directors, executives
Zhang Jian Executives
Wang Jun Director
Zhao You Yong Director

Guangzhou Haige Communications Group Co (SZSE:002465) Headlines

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