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Gettop Acoustic Co (SZSE:002655) Cyclically Adjusted FCF per Share : ¥0.02 (As of Mar. 2024)


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What is Gettop Acoustic 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.

Gettop Acoustic Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.112. 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 ¥0.02 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.

As of today (2024-06-10), Gettop Acoustic Co's current stock price is ¥11.21. Gettop Acoustic Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.02. Gettop Acoustic Co's Cyclically Adjusted Price-to-FCF of today is 560.50.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Gettop Acoustic Co was 1414.00. The lowest was 287.00. And the median was 471.25.


Gettop Acoustic Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Gettop Acoustic 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.

Gettop Acoustic Co Cyclically Adjusted FCF per Share Chart

Gettop Acoustic 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 - -0.19 -0.19 -0.09 0.03

Gettop Acoustic 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 0.03 0.02

Competitive Comparison of Gettop Acoustic Co's Cyclically Adjusted FCF per Share

For the Electronic Components subindustry, Gettop Acoustic 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.


Gettop Acoustic Co's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

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

* The bar in red indicates where Gettop Acoustic Co's Cyclically Adjusted Price-to-FCF falls into.



Gettop Acoustic 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, Gettop Acoustic 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)
=-0.112/115.2271*115.2271
=-0.112

Current CPI (Mar. 2024) = 115.2271.

Gettop Acoustic Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.042 98.200 0.049
201409 -0.072 98.900 -0.084
201412 0.066 99.000 0.077
201503 -0.074 99.900 -0.085
201506 -0.182 99.500 -0.211
201509 0.018 100.500 0.021
201512 0.153 100.600 0.175
201603 -0.143 102.200 -0.161
201606 0.016 101.400 0.018
201609 -0.121 102.400 -0.136
201612 0.022 102.600 0.025
201703 -0.150 103.200 -0.167
201706 0.040 103.100 0.045
201709 -0.060 104.100 -0.066
201712 0.137 104.500 0.151
201803 -0.150 105.300 -0.164
201806 0.152 104.900 0.167
201809 -0.069 106.600 -0.075
201812 0.078 106.500 0.084
201903 -0.013 107.700 -0.014
201906 -0.055 107.700 -0.059
201909 0.051 109.800 0.054
201912 0.060 111.200 0.062
202003 0.039 112.300 0.040
202006 -0.087 110.400 -0.091
202009 0.009 111.700 0.009
202012 0.325 111.500 0.336
202103 -0.051 112.662 -0.052
202106 0.079 111.769 0.081
202109 -0.068 112.215 -0.070
202112 -0.007 113.108 -0.007
202203 0.117 114.335 0.118
202206 0.043 114.558 0.043
202209 0.003 115.339 0.003
202212 -0.051 115.116 -0.051
202303 0.083 115.116 0.083
202306 0.021 114.558 0.021
202309 0.005 115.339 0.005
202312 0.175 114.781 0.176
202403 -0.112 115.227 -0.112

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


Gettop Acoustic Co  (SZSE:002655) 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.

Gettop Acoustic Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=11.21/0.02
=560.50

* 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 Gettop Acoustic Co was 1414.00. The lowest was 287.00. And the median was 471.25.


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.


Gettop Acoustic Co Cyclically Adjusted FCF per Share Related Terms

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


Gettop Acoustic Co (SZSE:002655) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 68, Fengshan Road, Fangzi District, Shandong Province, Weifang, CHN
Gettop Acoustic Co Ltd is a manufacturer of electro-acoustic components and assemblies as well as a provider of complete electro-acoustic solutions. The company is mainly focusing on the manufacturing miniature microphone, micro speaker/receiver and module products. These products are widely used in mobile communication devices, portable PC, flat panel TV, personal digital device, car kits, and other consumer electronics. The company has an operational presence across Canada, United States of America, Denmark, Finland, Brazil, Japan, Germany, among others.
Executives
Zhang Diao Zhan Director
Yang Zhi Yong Supervisors
Zhang Lin Lin Director
Wang Pei Sen Supervisors
Yang Jin Jun Director
Yang Xu Guang Supervisors
Zhao Du Ren Director

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