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Hing Ming Holdings (HKSE:08425) 3-Year FCF Growth Rate : 3.60% (As of Sep. 2023)


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What is Hing Ming Holdings 3-Year FCF Growth Rate?

Hing Ming Holdings's Free Cash Flow per Share for the three months ended in Sep. 2023 was HK$0.00.

During the past 3 years, the average Free Cash Flow per Share Growth Rate was 3.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

During the past 9 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Hing Ming Holdings was 52.60% per year. The lowest was 3.60% per year. And the median was 28.10% per year.


Competitive Comparison of Hing Ming Holdings's 3-Year FCF Growth Rate

For the Rental & Leasing Services subindustry, Hing Ming Holdings's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate 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.


Hing Ming Holdings's 3-Year FCF Growth Rate Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hing Ming Holdings's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Hing Ming Holdings's 3-Year FCF Growth Rate falls into.



Hing Ming Holdings 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.


Hing Ming Holdings  (HKSE:08425) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.


Hing Ming Holdings 3-Year FCF Growth Rate Related Terms

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Hing Ming Holdings (HKSE:08425) Business Description

Traded in Other Exchanges
N/A
Address
83-87 Nathan Road, Room A4, 2nd Floor, Tsim Sha Tsui Mansion, Kowloon, Hong Kong, HKG
Hing Ming Holdings Ltd is engaged in the rental of temporary suspended working platforms and other equipment. It also provides trading of equipment and spare parts, such as permanently suspended working platforms, motors, and wire rope and the only operating segment of the Group is rental and related services and trading of equipment and spare parts.

Hing Ming Holdings (HKSE:08425) Headlines

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