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Lonking Holdings (HKSE:03339) Cyclically Adjusted Price-to-FCF : 4.13 (As of May. 26, 2024)


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What is Lonking Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Lonking Holdings's current share price is HK$1.57. Lonking Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was HK$0.38. Lonking Holdings's Cyclically Adjusted Price-to-FCF for today is 4.13.

The historical rank and industry rank for Lonking Holdings's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

HKSE:03339' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.03   Med: 8.8   Max: 38.6
Current: 4.16

During the past 13 years, Lonking Holdings's highest Cyclically Adjusted Price-to-FCF was 38.60. The lowest was 3.03. And the median was 8.80.

HKSE:03339's Cyclically Adjusted Price-to-FCF is ranked better than
95.83% of 96 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 26.405 vs HKSE:03339: 4.16

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.

Lonking Holdings's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was HK$0.459. 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$0.38 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lonking Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Lonking 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.

* Premium members only.

Lonking Holdings Cyclically Adjusted Price-to-FCF Chart

Lonking Holdings 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 7.70 6.88 6.28 3.61 3.24

Lonking Holdings 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 6.28 - 3.61 - 3.24

Competitive Comparison of Lonking Holdings's Cyclically Adjusted Price-to-FCF

For the Farm & Heavy Construction Machinery subindustry, Lonking 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.


Lonking Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Lonking Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Lonking 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.

Lonking Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.57/0.38
=4.13

* 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.

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

For example, Lonking 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)
=0.459/114.7809*114.7809
=0.459

Current CPI (Dec23) = 114.7809.

Lonking Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.542 99.000 0.628
201512 0.464 100.600 0.529
201612 0.507 102.600 0.567
201712 0.394 104.500 0.433
201812 0.122 106.500 0.131
201912 0.357 111.200 0.368
202012 0.216 111.500 0.222
202112 0.011 113.108 0.011
202212 0.422 115.116 0.421
202312 0.459 114.781 0.459

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.


Lonking Holdings  (HKSE:03339) 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.


Lonking Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Lonking Holdings (HKSE:03339) Business Description

Traded in Other Exchanges
Address
No. 26 Mingyi Road, Xinqiao, Songjiang Industrial, Shanghai, CHN, 201612
Lonking Holdings Ltd is a construction and logistics machinery manufacturers in China. It produces wheel loaders, excavators, road rollers, forklifts, and other heavy equipment. In addition, the company supplies individual components, including gearboxes, converters, axles, and hydraulic components. Lonking Holdings has three operating segments: Sale of construction machinery (majority of total revenue), Finance lease of construction machinery, and Financial investment. Used equipment and leasing solutions help extend offerings and pinpoint the correct solution for each customer. Trained technicians provide aftermarket services and parts to maximize equipment efficiency. The majority of sales are derived from China.
Executives
Li San Yim 2202 Interest of your spouse
Ngai Ngan Ying 2201 Interest of corporation controlled by you
Citigroup Inc. 2502 Approved lending agent
Ngai Ngan Ying 2101 Beneficial owner

Lonking Holdings (HKSE:03339) Headlines

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