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Pico Far East Holdings (Pico Far East Holdings) Cyclically Adjusted Price-to-FCF : 8.50 (As of May. 29, 2024)


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What is Pico Far East Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-05-29), Pico Far East Holdings's current share price is $0.17. Pico Far East Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Oct23 was $0.02. Pico Far East Holdings's Cyclically Adjusted Price-to-FCF for today is 8.50.

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

PCOFF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.89   Med: 13.55   Max: 21.47
Current: 10.29

During the past 13 years, Pico Far East Holdings's highest Cyclically Adjusted Price-to-FCF was 21.47. The lowest was 4.89. And the median was 13.55.

PCOFF's Cyclically Adjusted Price-to-FCF is ranked better than
64.84% of 364 companies
in the Media - Diversified industry
Industry Median: 16.445 vs PCOFF: 10.29

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.

Pico Far East Holdings's adjusted free cash flow per share data of for the fiscal year that ended in Oct23 was $0.042. 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 $0.02 for the trailing ten years ended in Oct23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pico Far East Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Pico Far East 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.

Pico Far East Holdings Cyclically Adjusted Price-to-FCF Chart

Pico Far East Holdings Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.10 7.12 9.83 7.82 8.24

Pico Far East Holdings Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 9.83 - 7.82 - 8.24

Competitive Comparison of Pico Far East Holdings's Cyclically Adjusted Price-to-FCF

For the Advertising Agencies subindustry, Pico Far East 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.


Pico Far East Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Pico Far East Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Pico Far East 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.

Pico Far East Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.17/0.02
=8.50

* 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.

Pico Far East Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Oct23 is calculated as:

For example, Pico Far East Holdings's adjusted Free Cash Flow per Share data for the fiscal year that ended in Oct23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Oct23 (Change)*Current CPI (Oct23)
=0.042/117.2957*117.2957
=0.042

Current CPI (Oct23) = 117.2957.

Pico Far East Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201410 0.010 99.267 0.012
201510 0.039 101.466 0.045
201610 0.011 102.675 0.013
201710 0.026 104.324 0.029
201810 -0.001 107.072 -0.001
201910 0.031 110.590 0.033
202010 0.012 110.150 0.013
202110 0.019 112.129 0.020
202210 0.006 114.108 0.006
202310 0.042 117.296 0.042

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.


Pico Far East Holdings  (OTCPK:PCOFF) 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.


Pico Far East Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Pico Far East Holdings (Pico Far East Holdings) Business Description

Traded in Other Exchanges
Address
Pico House, 4 Dai Fu Street, Tai Po Industrial Estate, New Territories, Hong Kong, HKG
Pico Far East Holdings Ltd is in brand activation. It promotes brands provides exhibition and event marketing services. Its services include events, exhibitions, visual identity, interior and retail, themed environment, venue management, conference and exhibition management, expo, and sports. The company's operating segment includes Exhibition, event and brand activation; Visual branding activation; Museum and themed environment and Meeting architecture activation. It generates maximum revenue from the Exhibition, event and brand activation segment. Geographically, it derives a majority of revenue from Greater China.

Pico Far East Holdings (Pico Far East Holdings) Headlines

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