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Leon Fuat Bhd (XKLS:5232) Cyclically Adjusted FCF per Share : RM-0.06 (As of Dec. 2023)


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What is Leon Fuat 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.

Leon Fuat Bhd's adjusted free cash flow per share for the three months ended in Dec. 2023 was RM-0.005. 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 RM-0.06 for the trailing ten years ended in Dec. 2023.

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 (2024-05-23), Leon Fuat Bhd's current stock price is RM0.605. Leon Fuat Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was RM-0.06. Leon Fuat Bhd's Cyclically Adjusted Price-to-FCF of today is .


Leon Fuat Bhd Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Leon Fuat 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.

Leon Fuat Bhd Cyclically Adjusted FCF per Share Chart

Leon Fuat Bhd 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 - - - -0.08 -0.06

Leon Fuat Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -0.08 -0.08 -0.07 -0.06 -0.06

Competitive Comparison of Leon Fuat Bhd's Cyclically Adjusted FCF per Share

For the Steel subindustry, Leon Fuat 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.


Leon Fuat Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Leon Fuat Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Leon Fuat 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, Leon Fuat 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)
=-0.005/129.4194*129.4194
=-0.005

Current CPI (Dec. 2023) = 129.4194.

Leon Fuat Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.039 99.695 0.051
201406 0.001 100.560 0.001
201409 0.007 100.428 0.009
201412 -0.041 99.070 -0.054
201503 -0.107 99.621 -0.139
201506 0.014 100.684 0.018
201509 0.003 100.392 0.004
201512 0.009 99.792 0.012
201603 0.065 100.470 0.084
201606 -0.019 101.688 -0.024
201609 -0.031 101.861 -0.039
201612 -0.038 101.863 -0.048
201703 -0.084 102.862 -0.106
201706 0.055 103.349 0.069
201709 -0.082 104.136 -0.102
201712 0.039 104.011 0.049
201803 -0.010 105.290 -0.012
201806 0.021 106.317 0.026
201809 -0.129 106.507 -0.157
201812 0.101 105.998 0.123
201903 0.022 107.251 0.027
201906 -0.065 108.070 -0.078
201909 0.000 108.329 0.000
201912 0.066 108.420 0.079
202003 -0.047 108.902 -0.056
202006 0.003 108.767 0.004
202009 -0.025 109.815 -0.029
202012 0.074 109.897 0.087
202103 0.033 111.754 0.038
202106 -0.174 114.631 -0.196
202109 -0.282 115.734 -0.315
202112 -0.035 117.630 -0.039
202203 0.037 121.301 0.039
202206 -0.158 125.017 -0.164
202209 0.016 125.227 0.017
202212 0.142 125.222 0.147
202303 0.027 127.348 0.027
202306 0.072 128.729 0.072
202309 0.024 129.860 0.024
202312 -0.005 129.419 -0.005

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


Leon Fuat Bhd  (XKLS:5232) 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.


Leon Fuat Bhd Cyclically Adjusted FCF per Share Related Terms

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


Leon Fuat Bhd (XKLS:5232) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Wisma Leon Fuat, No. 11, Lorong Keluli 1B, Seksyen 7, Kawasan Perindustrian Bukit Raja Selatan, Shah Alam, SGR, MYS, 40000
Leon Fuat Bhd is engaged in the provision of management services through its subsidiaries. It operates through three segments: Trading of Steel Products, Processing and/or manufacturing of Steel Products, and Others. It mainly involves the buying and selling of flat and long steel products and also offers value-added services to flat and long steel products in the form of cutting, leveling, shearing, profiling, bending, and finishing as well as the production of expanded metal and Other segment includes steel materials such as tool steel and non-ferrous metal products such as bronze, brass, aluminum, and copper. It operates in two geographical areas; Malaysia and the Republic of Singapore.

Leon Fuat Bhd (XKLS:5232) Headlines

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