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Tien Wah Press Holdings Bhd (XKLS:7374) Cyclically Adjusted Price-to-FCF : 5.93 (As of Jun. 10, 2024)


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What is Tien Wah Press Holdings Bhd Cyclically Adjusted Price-to-FCF?

As of today (2024-06-10), Tien Wah Press Holdings Bhd's current share price is RM0.89. Tien Wah Press Holdings Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was RM0.15. Tien Wah Press Holdings Bhd's Cyclically Adjusted Price-to-FCF for today is 5.93.

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

XKLS:7374' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.21   Med: 5.05   Max: 6.43
Current: 5.84

During the past years, Tien Wah Press Holdings Bhd's highest Cyclically Adjusted Price-to-FCF was 6.43. The lowest was 4.21. And the median was 5.05.

XKLS:7374's Cyclically Adjusted Price-to-FCF is ranked better than
85.37% of 369 companies
in the Business Services industry
Industry Median: 18.07 vs XKLS:7374: 5.84

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.

Tien Wah Press Holdings Bhd's adjusted free cash flow per share data for the three months ended in Mar. 2024 was RM-0.057. 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 RM0.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tien Wah Press Holdings Bhd Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Tien Wah Press Holdings Bhd'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.

Tien Wah Press Holdings Bhd Cyclically Adjusted Price-to-FCF Chart

Tien Wah Press Holdings Bhd 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 - - 5.51 5.14 5.82

Tien Wah Press Holdings Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.48 4.95 5.82 5.82 5.87

Competitive Comparison of Tien Wah Press Holdings Bhd's Cyclically Adjusted Price-to-FCF

For the Specialty Business Services subindustry, Tien Wah Press Holdings Bhd'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.


Tien Wah Press Holdings Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Tien Wah Press Holdings Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Tien Wah Press Holdings Bhd's Cyclically Adjusted Price-to-FCF falls into.



Tien Wah Press Holdings Bhd 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.

Tien Wah Press Holdings Bhd's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.89/0.15
=5.93

* 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.

Tien Wah Press Holdings Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Tien Wah Press Holdings Bhd's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.057/131.7762*131.7762
=-0.057

Current CPI (Mar. 2024) = 131.7762.

Tien Wah Press Holdings Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.037 100.560 0.048
201409 0.129 100.428 0.169
201412 0.115 99.070 0.153
201503 -0.061 99.621 -0.081
201506 0.078 100.684 0.102
201509 0.118 100.392 0.155
201512 0.235 99.792 0.310
201603 0.011 100.470 0.014
201606 0.151 101.688 0.196
201609 -0.039 101.861 -0.050
201612 -0.113 101.863 -0.146
201703 -0.161 102.862 -0.206
201706 -0.095 103.349 -0.121
201709 -0.288 104.136 -0.364
201712 0.049 104.011 0.062
201803 -0.048 105.290 -0.060
201806 -0.017 106.317 -0.021
201809 -0.185 106.507 -0.229
201812 0.092 105.998 0.114
201903 0.097 107.251 0.119
201906 0.097 108.070 0.118
201909 0.002 108.329 0.002
201912 0.087 108.420 0.106
202003 0.030 108.902 0.036
202006 0.154 108.767 0.187
202009 0.127 109.815 0.152
202012 0.216 109.897 0.259
202103 0.036 111.754 0.042
202106 0.133 114.631 0.153
202109 0.043 115.734 0.049
202112 0.060 117.630 0.067
202203 0.010 121.301 0.011
202206 0.111 125.017 0.117
202209 0.054 125.227 0.057
202212 -0.027 125.222 -0.028
202303 -0.007 127.348 -0.007
202306 0.004 128.729 0.004
202309 0.086 129.860 0.087
202312 -0.004 129.419 -0.004
202403 -0.057 131.776 -0.057

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.


Tien Wah Press Holdings Bhd  (XKLS:7374) 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.


Tien Wah Press Holdings Bhd Cyclically Adjusted Price-to-FCF Related Terms

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


Tien Wah Press Holdings Bhd (XKLS:7374) Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Jalan Prof. Khoo Kay Kim, Lot 03-8, 8th Floor, Menara Symphony, Seksyen 13, Petaling Jaya, SGR, MYS, 46200
Tien Wah Press Holdings Bhd is a print packaging company. It offers a packaging solution and produces mainly gravure and offset printed materials for tobacco packaging including cigarette packs, fast-moving consumer product packaging, and labels. Products of the group include flat unglued blanks, crash bottom or auto-lock cartons, labeled cartons, cartons with peelable labels/stickers, clamshells, and trays, UV coated cartons, glued skillet cartons, multiwall cartons comprising inner frames, cartons with CD inserts and barrier coated carton for grease and moisture resistance. The operating segment of the company is Printing and Trading and is managed on a worldwide basis and manufacturing facilities and sales offices are in Malaysia, Vietnam, Australia, United Arab Emirates, and Hong Kong.

Tien Wah Press Holdings Bhd (XKLS:7374) Headlines

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