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Tibet GaoZheng Explosive Co (SZSE:002827) Cyclically Adjusted FCF per Share : ¥-0.11 (As of Jun. 2024)


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What is Tibet GaoZheng Explosive 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.

Tibet GaoZheng Explosive Co's adjusted free cash flow per share for the three months ended in Jun. 2024 was ¥-0.191. 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 Jun. 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 (2024-10-10), Tibet GaoZheng Explosive Co's current stock price is ¥27.56. Tibet GaoZheng Explosive Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was ¥-0.11. Tibet GaoZheng Explosive Co's Cyclically Adjusted Price-to-FCF of today is .


Tibet GaoZheng Explosive Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Tibet GaoZheng Explosive 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.

Tibet GaoZheng Explosive Co Cyclically Adjusted FCF per Share Chart

Tibet GaoZheng Explosive Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
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Tibet GaoZheng Explosive Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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

Competitive Comparison of Tibet GaoZheng Explosive Co's Cyclically Adjusted FCF per Share

For the Specialty Chemicals subindustry, Tibet GaoZheng Explosive 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.


Tibet GaoZheng Explosive Co's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tibet GaoZheng Explosive Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Tibet GaoZheng Explosive Co's Cyclically Adjusted Price-to-FCF falls into.



Tibet GaoZheng Explosive 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, Tibet GaoZheng Explosive Co's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-0.191/114.7809*114.7809
=-0.191

Current CPI (Jun. 2024) = 114.7809.

Tibet GaoZheng Explosive Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201506 0.000 99.500 0.000
201509 0.000 100.500 0.000
201512 0.000 100.600 0.000
201603 -0.044 102.200 -0.049
201606 0.150 101.400 0.170
201609 0.097 102.400 0.109
201612 0.183 102.600 0.205
201703 -0.021 103.200 -0.023
201706 0.080 103.100 0.089
201709 0.141 104.100 0.155
201712 -0.020 104.500 -0.022
201803 -0.068 105.300 -0.074
201806 0.149 104.900 0.163
201809 0.001 106.600 0.001
201812 -0.027 106.500 -0.029
201903 -0.152 107.700 -0.162
201906 -0.065 107.700 -0.069
201909 -0.073 109.800 -0.076
201912 -0.221 111.200 -0.228
202003 -0.286 112.300 -0.292
202006 -0.006 110.400 -0.006
202009 0.052 111.700 0.053
202012 -0.141 111.500 -0.145
202103 -0.074 112.662 -0.075
202106 0.001 111.769 0.001
202109 0.139 112.215 0.142
202112 -0.287 113.108 -0.291
202203 -0.108 114.335 -0.108
202206 -0.013 114.558 -0.013
202209 0.057 115.339 0.057
202212 -0.230 115.116 -0.229
202303 0.059 115.116 0.059
202306 -0.073 114.558 -0.073
202309 0.076 115.339 0.076
202312 -0.070 114.781 -0.070
202403 0.005 115.227 0.005
202406 -0.191 114.781 -0.191

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


Tibet GaoZheng Explosive Co  (SZSE:002827) 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.


Tibet GaoZheng Explosive Co Cyclically Adjusted FCF per Share Related Terms

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


Tibet GaoZheng Explosive Co Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Linqiongang Road, Area A, Lhasa Economic and Technological Development Zone, Tibet Autonomous Region, Lhasa, CHN, 850000
Tibet GaoZheng Explosive Co Ltd is a civil explosive enterprise based in China. The main business scope is the production, sale, storage and transportation of civil explosives such as industrial explosives, industrial detonators and industrial cables through its own marketing network. In addition, the company is also engaged in the construction of soil rock blasting works, construction of non-coal mine blasting works and demolition safety assessment.

Tibet GaoZheng Explosive Co Headlines

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