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Ekovest Bhd (XKLS:8877) Cyclically Adjusted FCF per Share : RM-0.10 (As of Mar. 2024)


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What is Ekovest 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.

Ekovest Bhd's adjusted free cash flow per share for the three months ended in Mar. 2024 was RM-0.055. 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-0.10 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 (2024-06-24), Ekovest Bhd's current stock price is RM0.45. Ekovest Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was RM-0.10. Ekovest Bhd's Cyclically Adjusted Price-to-FCF of today is .


Ekovest Bhd Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Ekovest 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.

Ekovest Bhd Cyclically Adjusted FCF per Share Chart

Ekovest Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.12 -0.11 -0.09

Ekovest Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 -0.11 -0.09 -0.09 -0.09 -0.10

Competitive Comparison of Ekovest Bhd's Cyclically Adjusted FCF per Share

For the Engineering & Construction subindustry, Ekovest 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.


Ekovest Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ekovest Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Ekovest 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, Ekovest 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)
=-0.055/131.7762*131.7762
=-0.055

Current CPI (Mar. 2024) = 131.7762.

Ekovest Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.006 100.560 -0.008
201409 -0.043 100.428 -0.056
201412 -0.039 99.070 -0.052
201503 -0.028 99.621 -0.037
201506 -0.044 100.684 -0.058
201509 -0.025 100.392 -0.033
201512 -0.094 99.792 -0.124
201603 -0.049 100.470 -0.064
201606 -0.024 101.688 -0.031
201609 -0.053 101.861 -0.069
201612 -0.041 101.863 -0.053
201703 -0.143 102.862 -0.183
201706 -0.007 103.349 -0.009
201709 -0.083 104.136 -0.105
201712 0.032 104.011 0.041
201803 -0.034 105.290 -0.043
201806 -0.090 106.317 -0.112
201809 -0.088 106.507 -0.109
201812 0.060 105.998 0.075
201903 -0.224 107.251 -0.275
201906 0.181 108.070 0.221
201909 -0.102 108.329 -0.124
201912 0.092 108.420 0.112
202003 -0.261 108.902 -0.316
202006 0.032 108.767 0.039
202009 -0.157 109.815 -0.188
202012 0.122 109.897 0.146
202103 -0.231 111.754 -0.272
202106 0.414 114.631 0.476
202109 -0.015 115.734 -0.017
202112 0.077 117.630 0.086
202203 -0.131 121.301 -0.142
202206 0.101 125.017 0.106
202209 -0.014 125.227 -0.015
202212 0.052 125.222 0.055
202303 -0.013 127.348 -0.013
202306 0.150 128.729 0.154
202309 0.018 129.860 0.018
202312 0.077 129.419 0.078
202403 -0.055 131.776 -0.055

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


Ekovest Bhd  (XKLS:8877) 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.


Ekovest Bhd Cyclically Adjusted FCF per Share Related Terms

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


Ekovest Bhd (XKLS:8877) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 118 Jalan Gombak, Ground Floor, Wisma Ekovest, Kuala Lumpur, SGR, MYS, 53000
Ekovest Bhd is a Malaysia-based company principally engaged in investment holding and civil engineering and building works. The group's operating segments are business units engaging in providing different products and services including Construction operations, Property development, Toll Operations, Plantation; Food and beverages; Property investment, and Others. The operations of the group are entirely carried out in Malaysia with the majority of the revenue generated from Construction operations.

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