GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hung Ching Development & Construction Co Ltd (TPE:2527) » Definitions » Cyclically Adjusted FCF per Share

Hung Ching Developmentnstruction Co (TPE:2527) Cyclically Adjusted FCF per Share : NT$-0.44 (As of Jun. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Hung Ching Developmentnstruction Co 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.

Hung Ching Developmentnstruction Co's adjusted free cash flow per share for the three months ended in Jun. 2024 was NT$-1.703. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is NT$-0.44 for the trailing ten years ended in Jun. 2024.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 16.30% 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 Hung Ching Developmentnstruction Co was 27.10% per year. The lowest was 16.30% per year. And the median was 21.70% per year.

As of today (2024-09-23), Hung Ching Developmentnstruction Co's current stock price is NT$33.15. Hung Ching Developmentnstruction Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was NT$-0.44. Hung Ching Developmentnstruction Co's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hung Ching Developmentnstruction Co was 67.02. The lowest was 53.69. And the median was 57.98.


Hung Ching Developmentnstruction Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Hung Ching Developmentnstruction Co'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.

Hung Ching Developmentnstruction Co Cyclically Adjusted FCF per Share Chart

Hung Ching Developmentnstruction Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.91 -0.82 -0.31 -0.74 -0.48

Hung Ching Developmentnstruction Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -0.47 0.42 -0.48 -0.55 -0.44

Competitive Comparison of Hung Ching Developmentnstruction Co's Cyclically Adjusted FCF per Share

For the Real Estate Services subindustry, Hung Ching Developmentnstruction Co'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.


Hung Ching Developmentnstruction Co's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hung Ching Developmentnstruction Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Hung Ching Developmentnstruction Co's Cyclically Adjusted Price-to-FCF falls into.



Hung Ching Developmentnstruction Co 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, Hung Ching Developmentnstruction Co's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-1.703/132.5538*132.5538
=-1.703

Current CPI (Jun. 2024) = 132.5538.

Hung Ching Developmentnstruction Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 14.751 100.428 19.470
201412 -1.997 99.070 -2.672
201503 -2.247 99.621 -2.990
201506 6.538 100.684 8.608
201509 -3.599 100.392 -4.752
201512 -1.627 99.792 -2.161
201603 -2.239 100.470 -2.954
201606 -3.538 101.688 -4.612
201609 -4.212 101.861 -5.481
201612 -2.900 101.863 -3.774
201703 -1.643 102.862 -2.117
201706 -2.273 103.349 -2.915
201709 -2.937 104.136 -3.738
201712 -2.162 104.011 -2.755
201803 -2.219 105.290 -2.794
201806 -1.043 106.317 -1.300
201809 3.531 106.507 4.395
201812 4.598 105.998 5.750
201903 0.029 107.251 0.036
201906 1.445 108.070 1.772
201909 12.366 108.329 15.131
201912 1.619 108.420 1.979
202003 0.404 108.902 0.492
202006 -0.082 108.767 -0.100
202009 1.198 109.815 1.446
202012 4.062 109.897 4.899
202103 1.369 111.754 1.624
202106 4.539 114.631 5.249
202109 -1.782 115.734 -2.041
202112 -0.153 117.630 -0.172
202203 -2.902 121.301 -3.171
202206 -2.263 125.017 -2.399
202209 -2.988 125.227 -3.163
202212 -2.647 125.222 -2.802
202303 -2.151 127.348 -2.239
202306 -4.639 128.729 -4.777
202309 3.553 129.860 3.627
202312 -7.440 129.419 -7.620
202403 -3.673 131.776 -3.695
202406 -1.703 132.554 -1.703

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


Hung Ching Developmentnstruction Co  (TPE:2527) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Hung Ching Developmentnstruction Co was 67.02. The lowest was 53.69. And the median was 57.98.


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.


Hung Ching Developmentnstruction Co Cyclically Adjusted FCF per Share Related Terms

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


Hung Ching Developmentnstruction Co Business Description

Traded in Other Exchanges
N/A
Address
Keelung Road, 10th Floor, No.420, Section 1, Taipei, TWN
Hung Ching Development & Construction Co Ltd is a Taiwan-based real estate company. It is engaged in the construction of national residential and commercial buildings for rent and sale. It is also engaged in the trading of various building materials. Reporting segments of the Group are divided into Real estate development, Construction, and Lease; Real estate is the key revenue driver for the company. Real estate development conducting sales of residential and commercial property and plant. Construction provides the building of residential and commercial property and plants. The leasing segment includes the lease of investment property.

Hung Ching Developmentnstruction Co Headlines

No Headlines