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Kein Hing International Bhd (XKLS:7199) Cyclically Adjusted FCF per Share : RM0.15 (As of Apr. 2024)


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What is Kein Hing International 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.

Kein Hing International Bhd's adjusted free cash flow per share for the three months ended in Apr. 2024 was RM0.021. 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 RM0.15 for the trailing ten years ended in Apr. 2024.

During the past 12 months, Kein Hing International Bhd's average Cyclically Adjusted FCF Growth Rate was 15.40% 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.

As of today (2024-09-21), Kein Hing International Bhd's current stock price is RM1.37. Kein Hing International Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2024 was RM0.15. Kein Hing International Bhd's Cyclically Adjusted Price-to-FCF of today is 9.13.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Kein Hing International Bhd was 19.17. The lowest was 7.65. And the median was 9.87.


Kein Hing International Bhd Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Kein Hing International 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.

Kein Hing International Bhd Cyclically Adjusted FCF per Share Chart

Kein Hing International Bhd Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.11 0.13 0.15

Kein Hing International Bhd Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 0.13 0.13 0.14 0.15 0.15

Competitive Comparison of Kein Hing International Bhd's Cyclically Adjusted FCF per Share

For the Metal Fabrication subindustry, Kein Hing International 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.


Kein Hing International Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kein Hing International Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Kein Hing International Bhd's Cyclically Adjusted Price-to-FCF falls into.



Kein Hing International 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, Kein Hing International Bhd's adjusted Free Cash Flow per Share data for the three months ended in Apr. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=0.021/132.2892*132.2892
=0.021

Current CPI (Apr. 2024) = 132.2892.

Kein Hing International Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201407 0.010 100.520 0.013
201410 -0.023 100.176 -0.030
201501 -0.017 98.604 -0.023
201504 0.028 99.824 0.037
201507 0.015 100.691 0.020
201510 0.021 100.346 0.028
201601 0.010 99.957 0.013
201604 0.059 100.947 0.077
201607 0.054 101.524 0.070
201610 0.041 101.988 0.053
201701 -0.022 102.456 -0.028
201704 0.011 103.167 0.014
201707 0.014 103.278 0.018
201710 0.076 104.070 0.097
201801 0.025 104.578 0.032
201804 -0.015 105.708 -0.019
201807 0.076 106.324 0.095
201810 0.065 106.695 0.081
201901 0.035 106.200 0.044
201904 0.007 107.818 0.009
201907 0.080 108.250 0.098
201910 0.065 108.577 0.079
202001 0.041 108.841 0.050
202004 0.002 108.173 0.002
202007 0.064 109.318 0.077
202010 0.051 109.861 0.061
202101 -0.069 110.364 -0.083
202104 0.005 112.673 0.006
202107 0.039 115.183 0.045
202110 -0.052 116.696 -0.059
202201 0.086 118.619 0.096
202204 0.047 121.978 0.051
202207 0.043 125.002 0.046
202210 0.035 125.734 0.037
202301 0.000 126.223 0.000
202304 0.112 127.992 0.116
202307 0.054 128.974 0.055
202310 0.114 129.810 0.116
202401 0.048 130.124 0.049
202404 0.021 132.289 0.021

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


Kein Hing International Bhd  (XKLS:7199) 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.

Kein Hing International Bhd's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=1.37/0.15
=9.13

* 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 Kein Hing International Bhd was 19.17. The lowest was 7.65. And the median was 9.87.


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.


Kein Hing International Bhd Cyclically Adjusted FCF per Share Related Terms

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Kein Hing International Bhd Business Description

Traded in Other Exchanges
N/A
Address
Lot 1863, Jalan Kolej, Seri Kembangan, SGR, MYS, 43300
Kein Hing International Bhd is a Malaysia based investment holding company. The company's operating segment includes Manufacturing; Trading and Investment holding. It generates maximum revenue from the Manufacturing segment. Manufacturing segment includes sheet metal forming, precision machining, component assembly and manufacture and sale of gas appliances. Geographically, it derives a majority of its revenue is from Vietnam and also has a presence in Malaysia; America; Europe; Hong Kong; Thailand; Australia; Brazil and Other Countries.

Kein Hing International Bhd Headlines

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