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Green Ocean Bhd (XKLS:0074) Cyclically Adjusted FCF per Share : RM0.14 (As of Dec. 2023)


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What is Green Ocean Bhd 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.

Green Ocean Bhd's adjusted free cash flow per share for the three months ended in Dec. 2023 was RM0.006. 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 RM0.14 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Green Ocean Bhd's average Cyclically Adjusted FCF Growth Rate was 40.00% 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.

As of today (2024-05-29), Green Ocean Bhd's current stock price is RM0.14. Green Ocean Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was RM0.14. Green Ocean Bhd's Cyclically Adjusted Price-to-FCF of today is 1.00.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Green Ocean Bhd was 4.50. The lowest was 0.83. And the median was 1.67.


Green Ocean Bhd Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Green Ocean Bhd'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.

Green Ocean Bhd Cyclically Adjusted FCF per Share Chart

Green Ocean Bhd Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Jun21
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.12

Green Ocean Bhd Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.10 0.11 0.11 0.12 0.14

Competitive Comparison of Green Ocean Bhd's Cyclically Adjusted FCF per Share

For the Farm Products subindustry, Green Ocean Bhd'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.


Green Ocean Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Green Ocean Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Green Ocean Bhd's Cyclically Adjusted Price-to-FCF falls into.



Green Ocean Bhd 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, Green Ocean Bhd's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.006/129.4194*129.4194
=0.006

Current CPI (Dec. 2023) = 129.4194.

Green Ocean Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201303 -0.135 98.209 -0.178
201306 -0.092 98.518 -0.121
201309 -0.021 98.790 -0.028
201312 0.019 98.326 0.025
201403 -0.131 99.695 -0.170
201406 0.019 100.560 0.024
201409 -0.191 100.428 -0.246
201412 0.026 99.070 0.034
201503 0.146 99.621 0.190
201506 -0.006 100.684 -0.008
201509 0.001 100.392 0.001
201512 -0.006 99.792 -0.008
201603 0.013 100.470 0.017
201606 0.020 101.688 0.025
201609 0.033 101.861 0.042
201612 -0.216 101.863 -0.274
201703 -0.021 102.862 -0.026
201706 -0.016 103.349 -0.020
201709 -0.037 104.136 -0.046
201712 -0.026 104.011 -0.032
201803 -0.175 105.290 -0.215
201806 -0.083 106.317 -0.101
201809 -0.047 106.507 -0.057
201812 -0.099 105.998 -0.121
201903 -0.058 107.251 -0.070
201906 0.280 108.070 0.335
201909 -0.103 108.329 -0.123
201912 -0.086 108.420 -0.103
202009 -0.014 109.815 -0.016
202012 3.199 109.897 3.767
202103 -0.797 111.754 -0.923
202106 -0.107 114.631 -0.121
202109 -0.096 115.734 -0.107
202112 0.018 117.630 0.020
202203 0.005 121.301 0.005
202206 0.005 125.017 0.005
202209 -0.009 125.227 -0.009
202212 0.004 125.222 0.004
202303 0.020 127.348 0.020
202312 0.006 129.419 0.006

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


Green Ocean Bhd  (XKLS:0074) 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.

Green Ocean Bhd's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.14/0.14
=1.00

* 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 Green Ocean Bhd was 4.50. The lowest was 0.83. And the median was 1.67.


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.


Green Ocean Bhd Cyclically Adjusted FCF per Share Related Terms

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


Green Ocean Bhd (XKLS:0074) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Kapar, Lot 742, 4th Mile, Klang, SGR, MYS, 42100
Green Ocean Corp Bhd is an investment holding company. The company through its subsidiaries is involved in palm kernel crushing, refining of palm oil and palm kernel oil, trading of refined palm oil products, and general trading in biotech and renewable energy.

Green Ocean Bhd (XKLS:0074) Headlines

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