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Wang On Group (HKSE:01222) Cyclically Adjusted Price-to-FCF : (As of May. 24, 2024)


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What is Wang On Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Wang On Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Wang On 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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Wang On Group Cyclically Adjusted Price-to-FCF Chart

Wang On Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
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Wang On Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Competitive Comparison of Wang On Group's Cyclically Adjusted Price-to-FCF

For the Conglomerates subindustry, Wang On 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.


Wang On Group's Cyclically Adjusted Price-to-FCF Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Wang On Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Wang On Group's Cyclically Adjusted Price-to-FCF falls into.



Wang On 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.

Wang On Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Wang On Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.06/115.4269*115.4269
=0.060

Current CPI (Mar23) = 115.4269.

Wang On Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.047 95.749 0.057
201503 -0.029 99.927 -0.033
201603 -0.003 102.785 -0.003
201703 -0.004 103.335 -0.004
201803 -0.051 105.973 -0.056
201903 -0.028 108.172 -0.030
202003 0.028 110.920 0.029
202103 -0.067 111.579 -0.069
202203 -0.192 113.558 -0.195
202303 0.060 115.427 0.060

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.


Wang On Group  (HKSE:01222) 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.


Wang On Group Cyclically Adjusted Price-to-FCF Related Terms

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Wang On Group (HKSE:01222) Business Description

Industry
Traded in Other Exchanges
N/A
Address
39 Wang Kwong Road, Suite 3202, 32nd Floor, Skyline Tower, Kowloon Bay, Kowloon, Hong Kong, HKG
Wang On Group Ltd is an investment holding company engaged in property development businesses. It operates in five business segments. The Property Development segment is engaged in the development of properties. The Property Investment segment is engaged in investment in industrial and commercial premises and residential units for rental or for sale. The Fresh markets segment is engaged in the management and sub-licensing of fresh markets and butchery business. The Pharmaceutical segment engages in the production and sale of pharmaceutical and health food products. The Treasury management segment engages in the provision of finance and investments in debt and other securities which earn interest income.
Executives
Alpadis Trust (hk) Limited
Caister Limited
Yau Yuk Yin 2202 Interest of your spouse
Tang Ching Ho 2201 Interest of corporation controlled by you
Esseiva Alain
Alpadis Group Holding Ag
Wai Yuen Tong Medicine Holdings Limited 2201 Interest of corporation controlled by you
Heer Krinya 2202 Interest of your spouse
Teo Wei Lee 2202 Interest of your spouse
Heer Dominik Philipp 2201 Interest of corporation controlled by you
Teo Wei Lee 2202 Interest of your spouse
Total Smart Investments Limited 2201 Interest of corporation controlled by you
Hearty Limited 2101 Beneficial owner
Esseiva Alain 2201 Interest of corporation controlled by you
Pioneer Season Limited 2201 Interest of corporation controlled by you

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