GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Orient Overseas (International) Ltd (HKSE:00316) » Definitions » Cyclically Adjusted FCF per Share

Orient Overseas (International) (HKSE:00316) Cyclically Adjusted FCF per Share : HK$25.10 (As of Dec. 2023)


View and export this data going back to 1992. Start your Free Trial

What is Orient Overseas (International) 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.

Orient Overseas (International)'s adjusted free cash flow per share data for the fiscal year that ended in Dec. 2023 was HK$-8.999. 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 HK$25.10 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Orient Overseas (International)'s average Cyclically Adjusted FCF Growth Rate was -0.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 207.90% 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 Orient Overseas (International) was 262.00% per year. The lowest was -102.10% per year. And the median was 1.10% per year.

As of today (2024-05-21), Orient Overseas (International)'s current stock price is HK$ 133.10. Orient Overseas (International)'s Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec. 2023 was HK$25.10. Orient Overseas (International)'s Cyclically Adjusted Price-to-FCF of today is 5.30.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Orient Overseas (International) was 215.47. The lowest was 3.71. And the median was 59.06.


Orient Overseas (International) Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Orient Overseas (International)'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.

Orient Overseas (International) Cyclically Adjusted FCF per Share Chart

Orient Overseas (International) 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 0.53 0.86 11.76 25.15 25.10

Orient Overseas (International) Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 11.76 - 25.15 - 25.10

Competitive Comparison of Orient Overseas (International)'s Cyclically Adjusted FCF per Share

For the Marine Shipping subindustry, Orient Overseas (International)'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.


Orient Overseas (International)'s Cyclically Adjusted Price-to-FCF Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Orient Overseas (International)'s Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Orient Overseas (International)'s Cyclically Adjusted Price-to-FCF falls into.



Orient Overseas (International) 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, Orient Overseas (International)'s adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-8.999/117.2957*117.2957
=-8.999

Current CPI (Dec. 2023) = 117.2957.

Orient Overseas (International) Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 1.463 99.707 1.721
201512 1.141 102.015 1.312
201612 -2.273 103.225 -2.583
201712 -1.249 104.984 -1.395
201812 -0.467 107.622 -0.509
201912 5.959 110.700 6.314
202012 19.016 109.711 20.331
202112 100.890 112.349 105.332
202212 126.479 114.548 129.513
202312 -8.999 117.296 -8.999

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


Orient Overseas (International)  (HKSE:00316) 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.

Orient Overseas (International)'s Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=133.10/25.1
=5.30

* 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 Orient Overseas (International) was 215.47. The lowest was 3.71. And the median was 59.06.


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.


Orient Overseas (International) Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Orient Overseas (International)'s Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Orient Overseas (International) (HKSE:00316) Business Description

Traded in Other Exchanges
Address
25 Harbour Road, 31st Floor, Harbour Centre, Wanchai, Hong Kong, HKG
Orient Overseas (International) Ltd is engaged in container transport and logistics. Container transport and logistics include containerized shipping services in majorly trade lanes, covering Trans-Pacific, Trans-Atlantic, Asia/Europe, Asia/Australia, and Intra-Asia trades, and integrated services over the management and control of effective storage and flow of goods. Revenue comprises gross freight income, charter hire, service, and other income from the operation of the container transport and logistics and rental income from the investment property.

Orient Overseas (International) (HKSE:00316) Headlines

No Headlines