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TGLVY (Top Glove Bhd) Cyclically Adjusted FCF per Share : $0.10 (As of Feb. 2025)


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What is Top Glove Bhd 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.

Top Glove Bhd's adjusted free cash flow per share for the three months ended in Feb. 2025 was $-0.001. 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 $0.10 for the trailing ten years ended in Feb. 2025.

During the past 12 months, Top Glove Bhd's average Cyclically Adjusted FCF Growth Rate was -7.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 58.10% 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 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 Top Glove Bhd was 128.90% per year. The lowest was 44.20% per year. And the median was 86.55% per year.

As of today (2025-04-14), Top Glove Bhd's current stock price is $0.7276. Top Glove Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Feb. 2025 was $0.10. Top Glove Bhd's Cyclically Adjusted Price-to-FCF of today is 7.28.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Top Glove Bhd was 938.00. The lowest was 5.21. And the median was 13.50.


Top Glove Bhd Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Top Glove Bhd'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.

Top Glove Bhd Cyclically Adjusted FCF per Share Chart

Top Glove Bhd Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.11 0.12 0.09 0.12

Top Glove Bhd Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 0.11 0.12 0.12 0.07 0.10

Competitive Comparison of Top Glove Bhd's Cyclically Adjusted FCF per Share

For the Medical Instruments & Supplies subindustry, Top Glove 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.


Top Glove Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Top Glove Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Top Glove Bhd's Cyclically Adjusted Price-to-FCF falls into.


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Top Glove Bhd 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, Top Glove Bhd's adjusted Free Cash Flow per Share data for the three months ended in Feb. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Feb. 2025 (Change)*Current CPI (Feb. 2025)
=-0.001/134.6241*134.6241
=-0.001

Current CPI (Feb. 2025) = 134.6241.

Top Glove Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201505 0.011 100.333 0.015
201508 0.004 100.548 0.005
201511 0.020 100.135 0.027
201602 0.005 100.040 0.007
201605 0.008 101.355 0.011
201608 -0.009 101.617 -0.012
201611 -0.001 101.829 -0.001
201702 -0.016 102.779 -0.021
201705 0.002 103.256 0.003
201708 0.004 103.587 0.005
201711 -0.002 104.072 -0.003
201802 -0.006 105.052 -0.008
201805 0.003 106.148 0.004
201808 -0.010 106.383 -0.013
201811 0.004 106.338 0.005
201902 0.010 106.649 0.013
201905 -0.021 108.048 -0.026
201908 -0.004 108.245 -0.005
201911 -0.010 108.519 -0.012
202002 0.014 109.139 0.017
202005 0.066 108.175 0.082
202008 0.237 109.662 0.291
202011 0.335 109.793 0.411
202102 0.270 110.968 0.328
202105 0.263 113.576 0.312
202108 -0.080 115.421 -0.093
202111 -0.029 117.269 -0.033
202202 -0.039 119.703 -0.044
202205 -0.025 123.323 -0.027
202208 0.002 124.958 0.002
202211 -0.020 125.607 -0.021
202302 -0.010 126.928 -0.011
202305 0.010 128.314 0.010
202308 -0.007 129.538 -0.007
202311 0.000 129.548 0.000
202402 -0.003 130.930 -0.003
202405 0.001 132.509 0.001
202408 -0.011 132.816 -0.011
202411 -0.004 133.110 -0.004
202502 -0.001 134.624 -0.001

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


Top Glove Bhd  (OTCPK:TGLVY) 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.

Top Glove Bhd's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.7276/0.10
=7.28

* 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 Top Glove Bhd was 938.00. The lowest was 5.21. And the median was 13.50.


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.


Top Glove Bhd Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Top Glove Bhd's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Top Glove Bhd Business Description

Traded in Other Exchanges
Address
16, Persiaran Setia Dagang, Top Glove Tower, Level 21, Setia Alam, Seksyen U13, Shah Alam, SGR, MYS, 40170
Top Glove Corp Bhd manufactures and sells gloves through several product lines to a diverse group of world-wide customers. Some of the different glove options include latex, nitrile, vinyl, PE, Polychloroprene, Polyisoprene, Flexylon, HDPE and surgical. Top Glove's products are utilized in an array of end markets such as aerospace, food, Personal care, medical care, oral care and home care. Traditionally, the company has derived over half of its sales from its nitrile and powdered latex product lines, with customers in Malaysia generating the majority demand.

Top Glove Bhd Headlines

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