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Toyo Ventures Holdings Bhd (XKLS:7173) Cyclically Adjusted FCF per Share : RM-0.07 (As of Mar. 2024)


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What is Toyo Ventures 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.

Toyo Ventures Holdings Bhd's adjusted free cash flow per share for the three months ended in Mar. 2024 was RM0.008. 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-0.07 for the trailing ten years ended in Mar. 2024.

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 (2024-06-13), Toyo Ventures Holdings Bhd's current stock price is RM1.31. Toyo Ventures Holdings Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was RM-0.07. Toyo Ventures Holdings Bhd's Cyclically Adjusted Price-to-FCF of today is .


Toyo Ventures Holdings Bhd Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Toyo Ventures 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.

Toyo Ventures Holdings Bhd Cyclically Adjusted FCF per Share Chart

Toyo Ventures Holdings Bhd Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Sep22 Sep23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.13 -0.08

Toyo Ventures Holdings Bhd Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Sep20 Dec20 Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.15 -0.15 -0.08 -0.08 -0.07

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

For the Specialty Chemicals subindustry, Toyo Ventures 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.


Toyo Ventures Holdings Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Toyo Ventures Holdings Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Toyo Ventures 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, Toyo Ventures Holdings Bhd's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.008/131.7762*131.7762
=0.008

Current CPI (Mar. 2024) = 131.7762.

Toyo Ventures Holdings Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201306 -0.363 98.518 -0.486
201309 -0.113 98.790 -0.151
201312 0.039 98.326 0.052
201403 -0.056 99.695 -0.074
201406 0.003 100.560 0.004
201409 0.010 100.428 0.013
201412 0.036 99.070 0.048
201503 0.001 99.621 0.001
201506 0.015 100.684 0.020
201509 0.013 100.392 0.017
201512 -0.007 99.792 -0.009
201603 -0.030 100.470 -0.039
201606 0.084 101.688 0.109
201609 -0.043 101.861 -0.056
201612 0.484 101.863 0.626
201703 -0.473 102.862 -0.606
201706 0.112 103.349 0.143
201709 -0.047 104.136 -0.059
201712 -0.022 104.011 -0.028
201803 -0.065 105.290 -0.081
201806 0.017 106.317 0.021
201809 -0.072 106.507 -0.089
201812 -0.041 105.998 -0.051
201903 0.120 107.251 0.147
201906 -0.110 108.070 -0.134
201909 -0.001 108.329 -0.001
201912 -0.010 108.420 -0.012
202009 -0.008 109.815 -0.010
202012 -0.006 109.897 -0.007
202103 -0.333 111.754 -0.393
202112 -0.246 117.630 -0.276
202203 0.057 121.301 0.062
202206 0.011 125.017 0.012
202209 0.049 125.227 0.052
202212 -0.057 125.222 -0.060
202303 -0.051 127.348 -0.053
202306 0.057 128.729 0.058
202309 0.630 129.860 0.639
202312 -0.014 129.419 -0.014
202403 0.008 131.776 0.008

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


Toyo Ventures Holdings Bhd  (XKLS:7173) 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.


Toyo Ventures Holdings Bhd Cyclically Adjusted FCF per Share Related Terms

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


Toyo Ventures Holdings Bhd (XKLS:7173) Business Description

Traded in Other Exchanges
N/A
Address
PT 3477, Jalan 6/1, Kawasan Perusahaan Seri Kembangan, Seri Kembangan, SGR, MYS, 43300
Toyo Ventures Holdings Bhd formerly Toyo Ink Group Bhd is a Malaysia-based investment holding company engaged in the manufacturing business and operation of power plant business. The company operates in three reporting segments: Manufacturing, Trading and investment holding, and Energy. The manufacturing segment includes Manufacturing printing ink, color pigment, colorants for plastic, EDM cut-the-wire, and graphic art. The Trading and investment holding segment includes Investment holding of the investments in subsidiary companies and property investment. The energy segment includes Investment and development of the thermal-electric power plant project in Vietnam. The majority of revenue is derived from the manufacturing segment.

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