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Hengan International Group Co (HKSE:01044) Cyclically Adjusted Price-to-FCF : 8.43 (As of Jun. 05, 2024)


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What is Hengan International Group Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-05), Hengan International Group Co's current share price is HK$26.65. Hengan International Group Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was HK$3.16. Hengan International Group Co's Cyclically Adjusted Price-to-FCF for today is 8.43.

The historical rank and industry rank for Hengan International Group Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

HKSE:01044' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.41   Med: 33.78   Max: 205.35
Current: 8.42

During the past 13 years, Hengan International Group Co's highest Cyclically Adjusted Price-to-FCF was 205.35. The lowest was 7.41. And the median was 33.78.

HKSE:01044's Cyclically Adjusted Price-to-FCF is ranked better than
83.8% of 716 companies
in the Consumer Packaged Goods industry
Industry Median: 23.065 vs HKSE:01044: 8.42

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.

Hengan International Group Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was HK$2.221. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is HK$3.16 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hengan International Group Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hengan International Group Co'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.

* Premium members only.

Hengan International Group Co Cyclically Adjusted Price-to-FCF Chart

Hengan International Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.28 21.05 13.63 13.03 9.19

Hengan International Group Co 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 Price-to-FCF 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 13.63 - 13.03 - 9.19

Competitive Comparison of Hengan International Group Co's Cyclically Adjusted Price-to-FCF

For the Household & Personal Products subindustry, Hengan International Group Co'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.


Hengan International Group Co's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hengan International Group Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Hengan International Group Co 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.

Hengan International Group Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=26.65/3.16
=8.43

* 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.

Hengan International Group Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Hengan International Group Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=2.221/114.7809*114.7809
=2.221

Current CPI (Dec23) = 114.7809.

Hengan International Group Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 2.715 99.000 3.148
201512 2.555 100.600 2.915
201612 2.946 102.600 3.296
201712 3.086 104.500 3.390
201812 3.061 106.500 3.299
201912 2.355 111.200 2.431
202012 4.268 111.500 4.394
202112 3.984 113.108 4.043
202212 2.465 115.116 2.458
202312 2.221 114.781 2.221

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.


Hengan International Group Co  (HKSE:01044) 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.


Hengan International Group Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Hengan International Group Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Hengan International Group Co (HKSE:01044) Business Description

Traded in Other Exchanges
Address
Hengan Industrial City, Anhai Town, Fujian Province, Jinjiang, CHN, 362261
Hengan International is a leading personal care product manufacturer in China. Its business comprises tissue paper products (54% of sales), sanitary napkins (27% of sales), disposable diapers (5% of sales), and others.
Executives
Hui Lin Chit 2101 Beneficial owner
Sze Man Bok 2101 Beneficial owner
An Ping Investments Limited
An Ping Holdings Limited
Tmf (cayman) Ltd. 2301 Trustee
Credit Suisse Trust Limited 2301 Trustee
Lazard Asset Management Llc 2102 Investment manager
Tin Lee Investments Limited 2101 Beneficial owner
Hang Seng Bank (trustee) Limited 2301 Trustee
Artisan Partners Asset Management Inc. 2201 Interest of corporation controlled by you
Artisan Partners Holdings Lp 2201 Interest of corporation controlled by you
Artisan Partners Limited Partnership 2102 Investment manager
An Ping Holdings Limited 2101 Beneficial owner
Tin Wing Holdings Limited

Hengan International Group Co (HKSE:01044) Headlines

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