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Eagle Nice (International) Holdings (HKSE:02368) Cyclically Adjusted FCF per Share : HK$0.26 (As of Sep. 2023)


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What is Eagle Nice (International) Holdings Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Eagle Nice (International) Holdings's adjusted free cash flow per share data for the fiscal year that ended in Mar. 2023 was HK$0.842. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is HK$0.26 for the trailing ten years ended in Mar. 2023.

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 Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Eagle Nice (International) Holdings was 37.00% per year. The lowest was 5.00% per year. And the median was 20.60% per year.

As of today (2024-06-03), Eagle Nice (International) Holdings's current stock price is HK$ 4.80. Eagle Nice (International) Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar. 2023 was HK$0.26. Eagle Nice (International) Holdings's Cyclically Adjusted Price-to-FCF of today is 18.46.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Eagle Nice (International) Holdings was 55.60. The lowest was 16.15. And the median was 25.47.


Eagle Nice (International) Holdings Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Eagle Nice (International) Holdings's Cyclically Adjusted FCF per Share 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.

Eagle Nice (International) Holdings Cyclically Adjusted FCF per Share Chart

Eagle Nice (International) Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.05 -0.01 0.10 0.17 0.26

Eagle Nice (International) Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Cyclically Adjusted FCF per Share 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 - 0.17 - 0.26 -

Competitive Comparison of Eagle Nice (International) Holdings's Cyclically Adjusted FCF per Share

For the Apparel Manufacturing subindustry, Eagle Nice (International) 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.


Eagle Nice (International) Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Eagle Nice (International) Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Eagle Nice (International) Holdings's Cyclically Adjusted Price-to-FCF falls into.



Eagle Nice (International) Holdings Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Eagle Nice (International) Holdings's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=0.842/115.4269*115.4269
=0.842

Current CPI (Mar. 2023) = 115.4269.

Eagle Nice (International) Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.018 95.749 0.022
201503 0.272 99.927 0.314
201603 0.031 102.785 0.035
201703 0.170 103.335 0.190
201803 -0.298 105.973 -0.325
201903 0.067 108.172 0.071
202003 0.647 110.920 0.673
202103 0.753 111.579 0.779
202203 0.023 113.558 0.023
202303 0.842 115.427 0.842

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Eagle Nice (International) Holdings  (HKSE:02368) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Eagle Nice (International) Holdings's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4.80/0.26
=18.46

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Eagle Nice (International) Holdings was 55.60. The lowest was 16.15. And the median was 25.47.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Eagle Nice (International) Holdings Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Eagle Nice (International) Holdings's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Eagle Nice (International) Holdings (HKSE:02368) Business Description

Traded in Other Exchanges
N/A
Address
70 Ta Chuen Ping Street, 9th Floor, Tower B, Regent Centre, Units 0902-0903 and 0905-0906, New Territories, Kwai Chung, HKG
Eagle Nice (International) Holdings Ltd is an investment holding company based in Hong Kong. The company, along with its subsidiaries, is primarily engaged in the manufacturing and trading of sportswear and garments. Some of the company's products include down Jackets, Tracksuits, Sweaters, and Sports pants, among others. Geographically, the company's reportable segments are Mainland China, USA, Europe, Japan, and Others. It derives a majority of revenue from Mainland China followed by the US and Europe.
Executives
Webb David Michael 2201 Interest of corporation controlled by you
Chung Yuk Sing 2101 Beneficial owner
Huang Yongbiao 2101 Beneficial owner
Chen Hsiao Ying 2101 Beneficial owner
Pou Chen Corporation 2201 Interest of corporation controlled by you
Yue Yuen Industrial (holdings) Limited 2201 Interest of corporation controlled by you
Time Easy Investment Holdings Limited
Excel Skill International Limited

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