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Three-A Resources Bhd (XKLS:0012) Cyclically Adjusted FCF per Share : RM0.05 (As of Jun. 2024)


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What is Three-A Resources 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.

Three-A Resources Bhd's adjusted free cash flow per share for the three months ended in Jun. 2024 was RM-0.013. 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 RM0.05 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Three-A Resources Bhd's average Cyclically Adjusted FCF Growth Rate was 25.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 18.60% 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 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 Three-A Resources Bhd was 18.60% per year. The lowest was 10.10% per year. And the median was 14.35% per year.

As of today (2024-09-20), Three-A Resources Bhd's current stock price is RM0.91. Three-A Resources Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was RM0.05. Three-A Resources Bhd's Cyclically Adjusted Price-to-FCF of today is 18.20.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Three-A Resources Bhd was 31.83. The lowest was 15.90. And the median was 21.00.


Three-A Resources Bhd Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Three-A Resources 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.

Three-A Resources Bhd Cyclically Adjusted FCF per Share Chart

Three-A Resources Bhd 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 0.03 0.03 0.05 0.04 0.05

Three-A Resources Bhd 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 0.04 0.05 0.05 0.05 0.05

Competitive Comparison of Three-A Resources Bhd's Cyclically Adjusted FCF per Share

For the Packaged Foods subindustry, Three-A Resources 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.


Three-A Resources Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Three-A Resources Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Three-A Resources Bhd's Cyclically Adjusted Price-to-FCF falls into.



Three-A Resources 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, Three-A Resources Bhd'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)
=-0.013/132.5538*132.5538
=-0.013

Current CPI (Jun. 2024) = 132.5538.

Three-A Resources Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.042 100.428 0.055
201412 0.000 99.070 0.000
201503 0.013 99.621 0.017
201506 -0.012 100.684 -0.016
201509 0.005 100.392 0.007
201512 -0.019 99.792 -0.025
201603 0.025 100.470 0.033
201606 0.011 101.688 0.014
201609 0.042 101.861 0.055
201612 0.024 101.863 0.031
201703 0.020 102.862 0.026
201706 -0.040 103.349 -0.051
201709 0.038 104.136 0.048
201712 0.029 104.011 0.037
201803 -0.017 105.290 -0.021
201806 -0.032 106.317 -0.040
201809 0.014 106.507 0.017
201812 -0.022 105.998 -0.028
201903 0.015 107.251 0.019
201906 0.038 108.070 0.047
201909 0.039 108.329 0.048
201912 0.010 108.420 0.012
202003 0.046 108.902 0.056
202006 -0.079 108.767 -0.096
202009 0.018 109.815 0.022
202012 0.007 109.897 0.008
202103 -0.006 111.754 -0.007
202106 0.039 114.631 0.045
202109 0.061 115.734 0.070
202112 0.004 117.630 0.005
202203 -0.064 121.301 -0.070
202206 -0.055 125.017 -0.058
202209 0.024 125.227 0.025
202212 0.027 125.222 0.029
202303 0.014 127.348 0.015
202306 0.006 128.729 0.006
202309 0.075 129.860 0.077
202312 0.031 129.419 0.032
202403 0.020 131.776 0.020
202406 -0.013 132.554 -0.013

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


Three-A Resources Bhd  (XKLS:0012) 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.

Three-A Resources Bhd's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.91/0.05
=18.20

* 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 Three-A Resources Bhd was 31.83. The lowest was 15.90. And the median was 21.00.


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.


Three-A Resources Bhd Cyclically Adjusted FCF per Share Related Terms

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


Three-A Resources Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Industri, U19, AI 308, Lot 590 & Lot 4196, Kampung Baru Sungai Buloh, Shah Alam, SGR, MYS, 40160
Three-A Resources Bhd is a food and beverage manufacturer. The activities of the company are involved in manufacturing and sale of food and beverages ingredients and investment holding. The company manufactures and trades in Liquid Caramel, Natural Fermented Vinegar, Distilled Vinegar, Glucose Syrup, Vinegar, High Maltose Syrup, Soya Protein Sauce, Hydrolyzed Vegetable Protein Powder, Caramel Powder, Soya Sauce Powder, and Maltodextrin. The majority of the revenue is collected from Malaysia with Singapore and others following.

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