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China Zhonghua Geotechnical Engineering Co (SZSE:002542) Cyclically Adjusted FCF per Share : ¥-0.11 (As of Mar. 2024)


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What is China Zhonghua Geotechnical Engineering 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.

China Zhonghua Geotechnical Engineering Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.093. 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 ¥-0.11 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.40% 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 China Zhonghua Geotechnical Engineering Co was 8.40% per year. The lowest was 2.90% per year. And the median was 5.65% per year.

As of today (2024-06-08), China Zhonghua Geotechnical Engineering Co's current stock price is ¥1.90. China Zhonghua Geotechnical Engineering Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥-0.11. China Zhonghua Geotechnical Engineering Co's Cyclically Adjusted Price-to-FCF of today is .


China Zhonghua Geotechnical Engineering Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for China Zhonghua Geotechnical Engineering 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.

China Zhonghua Geotechnical Engineering Co Cyclically Adjusted FCF per Share Chart

China Zhonghua Geotechnical Engineering 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 -0.12 -0.13 -0.15 -0.11 -0.10

China Zhonghua Geotechnical Engineering 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 -0.11 -0.11 -0.10 -0.11

Competitive Comparison of China Zhonghua Geotechnical Engineering Co's Cyclically Adjusted FCF per Share

For the Engineering & Construction subindustry, China Zhonghua Geotechnical Engineering 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.


China Zhonghua Geotechnical Engineering Co's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Zhonghua Geotechnical Engineering Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China Zhonghua Geotechnical Engineering Co's Cyclically Adjusted Price-to-FCF falls into.



China Zhonghua Geotechnical Engineering 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, China Zhonghua Geotechnical Engineering 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)
=-0.093/115.2271*115.2271
=-0.093

Current CPI (Mar. 2024) = 115.2271.

China Zhonghua Geotechnical Engineering Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.044 98.200 -0.052
201409 -0.114 98.900 -0.133
201412 -0.044 99.000 -0.051
201503 -0.038 99.900 -0.044
201506 -0.090 99.500 -0.104
201509 -0.003 100.500 -0.003
201512 -0.009 100.600 -0.010
201603 -0.114 102.200 -0.129
201606 -0.011 101.400 -0.012
201609 -0.072 102.400 -0.081
201612 -0.013 102.600 -0.015
201703 -0.058 103.200 -0.065
201706 -0.058 103.100 -0.065
201709 0.003 104.100 0.003
201712 0.073 104.500 0.080
201803 -0.059 105.300 -0.065
201806 -0.073 104.900 -0.080
201809 -0.032 106.600 -0.035
201812 0.054 106.500 0.058
201903 -0.052 107.700 -0.056
201906 -0.019 107.700 -0.020
201909 0.030 109.800 0.031
201912 0.025 111.200 0.026
202003 -0.055 112.300 -0.056
202006 -0.132 110.400 -0.138
202009 -0.182 111.700 -0.188
202012 0.241 111.500 0.249
202103 -0.279 112.662 -0.285
202106 -0.057 111.769 -0.059
202109 -0.233 112.215 -0.239
202112 0.313 113.108 0.319
202203 -0.073 114.335 -0.074
202206 0.089 114.558 0.090
202209 0.156 115.339 0.156
202212 -0.016 115.116 -0.016
202303 -0.008 115.116 -0.008
202306 0.040 114.558 0.040
202309 -0.015 115.339 -0.015
202312 0.027 114.781 0.027
202403 -0.093 115.227 -0.093

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


China Zhonghua Geotechnical Engineering Co  (SZSE:002542) 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.


China Zhonghua Geotechnical Engineering Co Cyclically Adjusted FCF per Share Related Terms

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China Zhonghua Geotechnical Engineering Co (SZSE:002542) Business Description

Traded in Other Exchanges
N/A
Address
Aoyu Building, 2 Jinyuan Road Daxing Industrial Development Zone, Beijing, CHN, 102600
China Zhonghua Geotechnical Engineering Co Ltd is a China-based company operates in the domestic geotechnical engineering industry. Its business operations organized into engineering services, general aviation, cultural tourism, and investment. The company's engineering business covers the construction of municipal infrastructure, airports, subways, oil and gas, petrochemicals, ports, and terminals. The general aviation business includes civil aviation airport engineering consulting, planning and design, project investment and management. The cultural tourism business includes the development and construction of projects such as the featured towns, theme parks, and general aviation towns. Its business is distributed throughout the country, and the national markets.
Executives
Liu Zhong Chi Director
Song Wei Min Director
Wu Yan Wei Director
Wang Yong Gang Supervisors
Wang Jian Director
Liang Fu Hua Director
Shui Wei Hou Executives
Xiu Wei Executives
Yang Yuan Hong Executives
Wang Xi Liang Executives
Wang Ya Ling Director
Wang Xiu Ge Executives
Chai Shi Zhong Director

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