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Henderson Land Development Co (Henderson Land Development Co) Cyclically Adjusted Price-to-FCF : 20.37 (As of Apr. 30, 2024)


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What is Henderson Land Development Co Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), Henderson Land Development Co's current share price is $3.055. Henderson Land Development Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was $0.15. Henderson Land Development Co's Cyclically Adjusted Price-to-FCF for today is 20.37.

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

HLDCY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 17.8   Med: 42.7   Max: 66.21
Current: 20.59

During the past 13 years, Henderson Land Development Co's highest Cyclically Adjusted Price-to-FCF was 66.21. The lowest was 17.80. And the median was 42.70.

HLDCY's Cyclically Adjusted Price-to-FCF is ranked worse than
69.85% of 680 companies
in the Real Estate industry
Industry Median: 12.525 vs HLDCY: 20.59

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.

Henderson Land Development Co's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was $0.382. 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 $0.15 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Henderson Land Development Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Henderson Land Development 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.

Henderson Land Development Co Cyclically Adjusted Price-to-FCF Chart

Henderson Land Development 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 - 52.78 52.34 33.84 20.76

Henderson Land Development 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 52.34 - 33.84 - 20.76

Competitive Comparison of Henderson Land Development Co's Cyclically Adjusted Price-to-FCF

For the Real Estate - Diversified subindustry, Henderson Land Development 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.


Henderson Land Development Co's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Henderson Land Development Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Henderson Land Development Co's Cyclically Adjusted Price-to-FCF falls into.



Henderson Land Development 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.

Henderson Land Development Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.055/0.15
=20.37

* 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.

Henderson Land Development Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Henderson Land Development 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)
=0.382/117.2957*117.2957
=0.382

Current CPI (Dec23) = 117.2957.

Henderson Land Development Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.118 99.707 0.139
201512 -0.021 102.015 -0.024
201612 0.169 103.225 0.192
201712 -0.021 104.984 -0.023
201812 0.101 107.622 0.110
201912 0.178 110.700 0.189
202012 0.188 109.711 0.201
202112 0.018 112.349 0.019
202212 0.295 114.548 0.302
202312 0.382 117.296 0.382

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.


Henderson Land Development Co  (OTCPK:HLDCY) 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.


Henderson Land Development Co Cyclically Adjusted Price-to-FCF Related Terms

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


Henderson Land Development Co (Henderson Land Development Co) Business Description

Traded in Other Exchanges
Address
8 Finance Street, 72nd -76th Floor, Two International Finance Centre, Central, Hong Kong, HKG
Henderson Land Development is a leading property developer in Hong Kong with a focus on urban redevelopment and farmland conversion. The company was founded in 1976, listed in 1981. Founder Lee Shau Kee is the controlling shareholder, and a series of disposals in December 2017 reduced his stake to below 72.8%. The share disposals were the first since 1993, lessening the possibility of a privatization. Lee stepped down in May 2019, succeeded by his two sons as joint chairmen and managing directors. Henderson Land also controls four listed entities directly, including a 33.4% stake in Hong Kong Ferry, a 69% stake in Henderson Investment, a 41.5% stake in Hong Kong and China Gas, and a 50.1% stake in Miramar Hotel & Investment.

Henderson Land Development Co (Henderson Land Development Co) Headlines

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