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Asian Pac Holdings Bhd (XKLS:4057) Cyclically Adjusted FCF per Share : RM0.04 (As of Dec. 2023)


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What is Asian Pac 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.

Asian Pac Holdings Bhd's adjusted free cash flow per share for the three months ended in Dec. 2023 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 RM0.04 for the trailing ten years ended in Dec. 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 (2024-06-20), Asian Pac Holdings Bhd's current stock price is RM0.115. Asian Pac Holdings Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was RM0.04. Asian Pac Holdings Bhd's Cyclically Adjusted Price-to-FCF of today is 2.88.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Asian Pac Holdings Bhd was 4.17. The lowest was 2.25. And the median was 2.75.


Asian Pac Holdings Bhd Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Asian Pac 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.

* Premium members only.

Asian Pac Holdings Bhd Cyclically Adjusted FCF per Share Chart

Asian Pac Holdings Bhd 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 - - - 0.04 0.04

Asian Pac Holdings Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.04 0.04 0.04 0.04

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

For the Real Estate - Diversified subindustry, Asian Pac 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.


Asian Pac Holdings Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Asian Pac Holdings Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



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

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.013/129.4194*129.4194
=-0.013

Current CPI (Dec. 2023) = 129.4194.

Asian Pac Holdings Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.046 99.695 0.060
201406 -0.010 100.560 -0.013
201409 0.019 100.428 0.024
201412 -0.025 99.070 -0.033
201503 0.145 99.621 0.188
201506 -0.030 100.684 -0.039
201509 -0.003 100.392 -0.004
201512 0.061 99.792 0.079
201603 -0.047 100.470 -0.061
201606 0.016 101.688 0.020
201609 0.008 101.861 0.010
201612 0.021 101.863 0.027
201703 0.010 102.862 0.013
201706 0.006 103.349 0.008
201709 0.017 104.136 0.021
201712 -0.015 104.011 -0.019
201803 -0.007 105.290 -0.009
201806 -0.016 106.317 -0.019
201809 -0.010 106.507 -0.012
201812 0.020 105.998 0.024
201903 0.010 107.251 0.012
201906 -0.007 108.070 -0.008
201909 -0.001 108.329 -0.001
201912 -0.041 108.420 -0.049
202003 0.102 108.902 0.121
202006 -0.003 108.767 -0.004
202009 -0.004 109.815 -0.005
202012 -0.014 109.897 -0.016
202103 0.042 111.754 0.049
202106 -0.009 114.631 -0.010
202109 0.005 115.734 0.006
202112 -0.026 117.630 -0.029
202203 0.051 121.301 0.054
202206 -0.021 125.017 -0.022
202209 0.005 125.227 0.005
202212 -0.014 125.222 -0.014
202303 0.017 127.348 0.017
202306 -0.005 128.729 -0.005
202309 0.012 129.860 0.012
202312 -0.013 129.419 -0.013

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


Asian Pac Holdings Bhd  (XKLS:4057) 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.

Asian Pac Holdings Bhd's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.115/0.04
=2.88

* 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 Asian Pac Holdings Bhd was 4.17. The lowest was 2.25. And the median was 2.75.


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.


Asian Pac Holdings Bhd Cyclically Adjusted FCF per Share Related Terms

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


Asian Pac Holdings Bhd (XKLS:4057) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No.6, Lorong P. Ramlee, Ground Floor, Menara SMI, Kuala Lumpur, MYS, 50250
Asian Pac Holdings Bhd, through its subsidiaries, is engaged in property investment, property development activities, and car park operations in Malaysia. It has five reportable segments: Property development, Car park operations, and Mall operations. It generates the majority of its revenue from the Property development segment.

Asian Pac Holdings Bhd (XKLS:4057) Headlines

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