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VietNam Holding (VietNam Holding) Cyclically Adjusted Price-to-FCF : 11.88 (As of May. 14, 2024)


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What is VietNam Holding Cyclically Adjusted Price-to-FCF?

As of today (2024-05-14), VietNam Holding's current share price is $1.90. VietNam Holding's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 was $0.16. VietNam Holding's Cyclically Adjusted Price-to-FCF for today is 11.88.

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

VNMHF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.54   Med: 37.44   Max: 65.5
Current: 15.44

During the past 13 years, VietNam Holding's highest Cyclically Adjusted Price-to-FCF was 65.50. The lowest was 9.54. And the median was 37.44.

VNMHF's Cyclically Adjusted Price-to-FCF is ranked better than
57.79% of 507 companies
in the Asset Management industry
Industry Median: 20.77 vs VNMHF: 15.44

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.

VietNam Holding's adjusted free cash flow per share data of for the fiscal year that ended in Jun23 was $-0.047. 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 $0.16 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


VietNam Holding Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for VietNam Holding'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.

VietNam Holding Cyclically Adjusted Price-to-FCF Chart

VietNam Holding Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.75 40.00 33.38 12.91 11.46

VietNam Holding 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 - 12.91 - 11.46 -

Competitive Comparison of VietNam Holding's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, VietNam Holding'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.


VietNam Holding's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, VietNam Holding's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



VietNam Holding 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.

VietNam Holding's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.90/0.16
=11.88

* 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.

VietNam Holding's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, VietNam Holding's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=-0.047/128.7287*128.7287
=-0.047

Current CPI (Jun23) = 128.7287.

VietNam Holding Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.178 100.560 -0.228
201506 0.125 100.684 0.160
201606 0.178 101.688 0.225
201706 -0.535 103.349 -0.666
201806 0.181 106.317 0.219
201906 0.797 108.070 0.949
202006 -0.116 108.767 -0.137
202106 0.543 114.631 0.610
202206 1.930 125.017 1.987
202306 -0.047 128.729 -0.047

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.


VietNam Holding  (OTCPK:VNMHF) 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.


VietNam Holding Cyclically Adjusted Price-to-FCF Related Terms

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


VietNam Holding (VietNam Holding) Business Description

Traded in Other Exchanges
Address
1 Royal Plaza, Royal Avenue, Saint Peter Port, GGY, GY1 2HL
VietNam Holding Ltd is a closed-end investment holding company. Its investment objective is to achieve long-term capital appreciation by investing in a diversified portfolio of companies that have high growth potential at an attractive valuation. The Company is engaged in a single segment of business, being investment in Vietnam. The company's portfolio consists of the traded equity shares of Vietnamese companies or companies doing a portion of their business in Vietnam.

VietNam Holding (VietNam Holding) Headlines

From GuruFocus

VietNam Holding Ltd Investor Presentation Transcript

By GuruFocus Research 03-27-2024