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Golden Century International Holdings Group (HKSE:00091) Cyclically Adjusted Price-to-FCF : (As of May. 15, 2024)


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What is Golden Century International Holdings Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Golden Century International Holdings Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Golden Century International Holdings Group's Cyclically Adjusted Price-to-FCF 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.

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Golden Century International Holdings Group Cyclically Adjusted Price-to-FCF Chart

Golden Century International Holdings Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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Golden Century International Holdings Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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Competitive Comparison of Golden Century International Holdings Group's Cyclically Adjusted Price-to-FCF

For the Electronics & Computer Distribution subindustry, Golden Century International Holdings Group'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.


Golden Century International Holdings Group's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Golden Century International Holdings Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Golden Century International Holdings Group's Cyclically Adjusted Price-to-FCF falls into.



Golden Century International Holdings Group Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Golden Century International Holdings Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Golden Century International Holdings Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec22 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=-0.014/114.5475*114.5475
=-0.014

Current CPI (Dec22) = 114.5475.

Golden Century International Holdings Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.258 95.090 -0.311
201412 -0.127 99.707 -0.146
201512 -0.344 102.015 -0.386
201612 -0.201 103.225 -0.223
201712 -0.021 104.984 -0.023
201812 -0.090 107.622 -0.096
201912 0.013 110.700 0.013
202012 -0.086 109.711 -0.090
202112 -0.010 112.349 -0.010
202212 -0.014 114.548 -0.014

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


Golden Century International Holdings Group  (HKSE:00091) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Golden Century International Holdings Group Cyclically Adjusted Price-to-FCF Related Terms

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Golden Century International Holdings Group (HKSE:00091) Business Description

Traded in Other Exchanges
N/A
Address
535 Jaffe Road, Tower 535, Room 12005, 12th floor, Causeway Bay, HKG
Golden Century International Holdings Group Ltd is an investment holding company. The company's operating segment includes Electronic components, Coalbed methane, Financial business, Wealth Management, Proprietary investment, and Comprehensive healthcare. The Financial business covers securities brokerage, money lending, consultancy, and referral service. Comprehensive healthcare involves the sales of melt-blown fabrics and related equipment and raw material. Its geographical segments are Hong Kong and the PRC, from which a majority of its revenue comes from the PRC.

Golden Century International Holdings Group (HKSE:00091) Headlines

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