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Leunda Holdings (HKSE:00738) Cyclically Adjusted FCF per Share : HK$0.13 (As of Aug. 2023)


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What is Leunda Holdings 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.

Leunda Holdings's adjusted free cash flow per share data for the fiscal year that ended in Feb. 2023 was HK$-0.048. 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$0.13 for the trailing ten years ended in Feb. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -11.90% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -4.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 5.50% 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 Leunda Holdings was 58.70% per year. The lowest was -11.90% per year. And the median was 10.10% per year.

As of today (2024-05-26), Leunda Holdings's current stock price is HK$ 0.44. Leunda Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Feb. 2023 was HK$0.13. Leunda Holdings's Cyclically Adjusted Price-to-FCF of today is 3.38.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Leunda Holdings was 56.50. The lowest was 2.05. And the median was 6.38.


Leunda Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Leunda Holdings'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.

Leunda Holdings Cyclically Adjusted FCF per Share Chart

Leunda Holdings Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.19 0.18 0.15 0.13

Leunda Holdings Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 - 0.15 - 0.13 -

Competitive Comparison of Leunda Holdings's Cyclically Adjusted FCF per Share

For the Footwear & Accessories subindustry, Leunda Holdings'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.


Leunda Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Leunda Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Leunda Holdings's Cyclically Adjusted Price-to-FCF falls into.



Leunda Holdings 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, Leunda Holdings's adjusted Free Cash Flow per Share data for the fiscal year that ended in Feb. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Feb. 2023 (Change)*Current CPI (Feb. 2023)
=-0.048/115.3170*115.3170
=-0.048

Current CPI (Feb. 2023) = 115.3170.

Leunda Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201402 0.355 95.969 0.427
201502 0.145 100.257 0.167
201602 0.201 103.225 0.225
201702 0.296 103.115 0.331
201802 0.021 106.303 0.023
201902 0.010 108.501 0.011
202002 0.104 111.030 0.108
202102 0.148 111.469 0.153
202202 -0.045 113.338 -0.046
202302 -0.048 115.317 -0.048

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


Leunda Holdings  (HKSE:00738) 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.

Leunda Holdings's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.44/0.13
=3.38

* 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 Leunda Holdings was 56.50. The lowest was 2.05. And the median was 6.38.


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.


Leunda Holdings Cyclically Adjusted FCF per Share Related Terms

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


Leunda Holdings (HKSE:00738) Business Description

Traded in Other Exchanges
N/A
Address
1063 King's Road, Suites 1104-1106, 11th Floor, Quarry Bay, Hong Kong, HKG
Le Saunda Holdings Ltd is an investment holding company, engaged in the design, development, manufacturing, and retailing of ladies' and men's footwear, handbags, and fashion accessories. The group operates in Mainland China, Hong Kong, and Macau, and the majority of the revenue is generated from China. The proprietary brands of the firm include le saunda, le saunda men, Linea rosa and CNE.
Executives
Li Wing Yeung Peter 2101 Beneficial owner
Ophorst Van Marwijk Kooy Vermogensbeheer N.v. 2102 Investment manager
Lee Tze Bun Marces 2101 Beneficial owner
Cheung Man Ching Teresa 2301 Trustee

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