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Grace Life tech Holdings (HKSE:02112) Cyclically Adjusted Price-to-FCF : (As of May. 31, 2024)


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What is Grace Life tech Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Grace Life tech Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Grace Life tech Holdings'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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Grace Life tech Holdings Cyclically Adjusted Price-to-FCF Chart

Grace Life tech Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Grace Life tech Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Grace Life tech Holdings's Cyclically Adjusted Price-to-FCF

For the Steel subindustry, Grace Life tech Holdings'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.


Grace Life tech Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Grace Life tech Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Grace Life tech Holdings's Cyclically Adjusted Price-to-FCF falls into.



Grace Life tech Holdings 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.

Grace Life tech Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Grace Life tech Holdings'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)
=-0/129.4194*129.4194
=0.000

Current CPI (Dec23) = 129.4194.

Grace Life tech Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.085 99.070 -0.111
201512 -0.025 99.792 -0.032
201612 -0.047 101.863 -0.060
201712 -0.664 104.011 -0.826
201812 0.099 105.998 0.121
201912 -0.044 108.420 -0.053
202012 -0.006 109.897 -0.007
202112 0.006 117.630 0.007
202212 -0.005 125.222 -0.005
202312 0.000 129.419 0.000

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.


Grace Life tech Holdings  (HKSE:02112) 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.


Grace Life tech Holdings Cyclically Adjusted Price-to-FCF Related Terms

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Grace Life tech Holdings (HKSE:02112) Business Description

Traded in Other Exchanges
N/A
Address
Lot 22, D&E, Level 22, Menara Zenith, MSC Kuantan, Putra Square, Kuantan, PHG, MYS, 25200
Grace Life tech Holdings Ltd is engaged in iron ore exploration, mining, crushing, and beneficiation as well as the sale of iron ore products in the form of iron ore concentrates and iron ore fines. The company's segments are the Iron ore mining and processing operation segment, Commercial trade segment, Financing operation segment, Health product trade segment, and other segments. The majority of the company's revenue is derived from the Health product trade segment which includes the trading of health products. Geographically it derives revenue from Hong Kong.
Executives
Haitong International Holdings Limited 2201 Interest of corporation controlled by you
Haitong International Securities Group Limited 2201 Interest of corporation controlled by you
Haitong Securities Co., Ltd. 2201 Interest of corporation controlled by you
Haitong International Finance Company Limited 2101 Beneficial owner
Si Chuan Sheng Chuan Jiu Ji Tuan Guo Ji Mao Yi You Xian Gong Si 2101 Beneficial owner
Ng Khing Yeu 2101 Beneficial owner
En Dian Shi Dai Ji Tuan You Xian Gong Si 2101 Beneficial owner
Cosmo Field Holdings Limited 2101 Beneficial owner
Li Yang 2201 Interest of corporation controlled by you
Hua Rong Hua Qiao Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Li Yang 2201 Interest of corporation controlled by you
Ample Professional Limited 2106 Person having a security interest in shares
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Haitong International Financial Products (singapore) Pte. Ltd. 2106 Person having a security interest in shares
Haitong International Securities Group (singapore) Pte. Ltd. 2201 Interest of corporation controlled by you

Grace Life tech Holdings (HKSE:02112) Headlines

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