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Eduspec Holdings Bhd (XKLS:0107) Cyclically Adjusted FCF per Share : RM-0.20 (As of Nov. 2023)


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What is Eduspec Holdings 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.

Eduspec Holdings Bhd's adjusted free cash flow per share for the three months ended in Nov. 2023 was RM-0.002. 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 RM-0.20 for the trailing ten years ended in Nov. 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.

As of today (2024-06-14), Eduspec Holdings Bhd's current stock price is RM0.175. Eduspec Holdings Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Nov. 2023 was RM-0.20. Eduspec Holdings Bhd's Cyclically Adjusted Price-to-FCF of today is .


Eduspec Holdings Bhd Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Eduspec Holdings 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.

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Eduspec Holdings Bhd Cyclically Adjusted FCF per Share Chart

Eduspec Holdings Bhd Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.19 -0.19

Eduspec Holdings Bhd Quarterly Data
Dec18 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 -0.19 -0.19 -0.19 - -0.20

Competitive Comparison of Eduspec Holdings Bhd's Cyclically Adjusted FCF per Share

For the Education & Training Services subindustry, Eduspec Holdings 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.


Eduspec Holdings Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Eduspec Holdings Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Eduspec Holdings 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, Eduspec Holdings Bhd's adjusted Free Cash Flow per Share data for the three months ended in Nov. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=-0.002/129.5481*129.5481
=-0.002

Current CPI (Nov. 2023) = 129.5481.

Eduspec Holdings Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201309 -0.021 98.790 -0.028
201312 -0.092 98.326 -0.121
201403 -0.003 99.695 -0.004
201406 0.042 100.560 0.054
201409 -0.182 100.428 -0.235
201412 -0.114 99.070 -0.149
201503 0.080 99.621 0.104
201506 -0.263 100.684 -0.338
201509 -0.012 100.392 -0.015
201512 -0.079 99.792 -0.103
201603 -0.006 100.470 -0.008
201606 -0.077 101.688 -0.098
201609 -0.284 101.861 -0.361
201612 -0.044 101.863 -0.056
201703 -0.029 102.862 -0.037
201706 -0.055 103.349 -0.069
201709 -0.031 104.136 -0.039
201712 -0.085 104.011 -0.106
201803 0.054 105.290 0.066
201806 0.017 106.317 0.021
201812 -0.045 105.998 -0.055
201905 -0.019 108.048 -0.023
201908 0.017 108.245 0.020
201911 -0.065 108.519 -0.078
202002 -0.027 109.139 -0.032
202005 -0.007 108.175 -0.008
202008 -0.066 109.662 -0.078
202011 -0.012 109.793 -0.014
202102 -0.043 110.968 -0.050
202105 -0.023 113.576 -0.026
202108 0.033 115.421 0.037
202111 -0.009 117.269 -0.010
202202 -0.022 119.703 -0.024
202205 -0.001 123.323 -0.001
202208 0.000 124.958 0.000
202211 -0.002 125.607 -0.002
202302 0.002 126.928 0.002
202305 -0.006 128.314 -0.006
202308 0.000 129.538 0.000
202311 -0.002 129.548 -0.002

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


Eduspec Holdings Bhd  (XKLS:0107) 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.


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.


Eduspec Holdings Bhd Cyclically Adjusted FCF per Share Related Terms

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


Eduspec Holdings Bhd (XKLS:0107) Business Description

Traded in Other Exchanges
N/A
Address
No. 10, Jalan 15/22, Tiong Nam Industrial Park, Section 15, Darul Ehsan, Shah Alam, SGR, MYS, 40200
Eduspec Holdings Bhd provides consultancy, building teaching capacity, and deploying information technology systems in schools. It also offers online and learning education programs.

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