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Lay Hong Bhd (XKLS:9385) Cyclically Adjusted FCF per Share : RM0.05 (As of Dec. 2024)


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What is Lay Hong 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.

Lay Hong Bhd's adjusted free cash flow per share for the three months ended in Dec. 2024 was RM0.024. 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 RM0.05 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Lay Hong Bhd's average Cyclically Adjusted FCF Growth Rate was 25.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 71.00% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Lay Hong Bhd was 71.00% per year. The lowest was 44.20% per year. And the median was 57.60% per year.

As of today (2025-05-29), Lay Hong Bhd's current stock price is RM0.335. Lay Hong Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2024 was RM0.05. Lay Hong Bhd's Cyclically Adjusted Price-to-FCF of today is 6.70.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Lay Hong Bhd was 39.50. The lowest was 6.10. And the median was 10.33.


Lay Hong Bhd Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Lay Hong 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.

Lay Hong Bhd Cyclically Adjusted FCF per Share Chart

Lay Hong Bhd Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.02 0.03 0.05

Lay Hong Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.05 0.05 0.05 0.05

Competitive Comparison of Lay Hong Bhd's Cyclically Adjusted FCF per Share

For the Farm Products subindustry, Lay Hong 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.


Lay Hong Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lay Hong Bhd's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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


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Lay Hong 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, Lay Hong Bhd's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.024/133.1571*133.1571
=0.024

Current CPI (Dec. 2024) = 133.1571.

Lay Hong Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 0.014 99.621 0.019
201506 0.008 100.684 0.011
201509 -0.003 100.392 -0.004
201512 0.177 99.792 0.236
201603 -0.028 100.470 -0.037
201606 -0.021 101.688 -0.027
201609 -0.019 101.861 -0.025
201612 -0.021 101.863 -0.027
201703 0.030 102.862 0.039
201706 -0.040 103.349 -0.052
201709 -0.009 104.136 -0.012
201712 -0.021 104.011 -0.027
201803 0.020 105.290 0.025
201806 -0.030 106.317 -0.038
201809 -0.030 106.507 -0.038
201812 -0.011 105.998 -0.014
201903 0.010 107.251 0.012
201906 -0.003 108.070 -0.004
201909 0.007 108.329 0.009
201912 0.006 108.420 0.007
202003 0.020 108.902 0.024
202006 0.018 108.767 0.022
202009 0.001 109.815 0.001
202012 0.004 109.897 0.005
202103 0.032 111.754 0.038
202106 -0.006 114.631 -0.007
202109 0.031 115.734 0.036
202112 -0.005 117.630 -0.006
202203 0.022 121.301 0.024
202206 0.012 125.017 0.013
202209 0.032 125.227 0.034
202212 0.014 125.222 0.015
202303 0.042 127.348 0.044
202306 -0.031 128.729 -0.032
202309 -0.007 129.860 -0.007
202312 0.127 129.419 0.131
202403 0.037 131.776 0.037
202406 0.001 132.554 0.001
202409 0.035 133.029 0.035
202412 0.024 133.157 0.024

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


Lay Hong Bhd  (XKLS:9385) 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.

Lay Hong Bhd's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.335/0.05
=6.70

* 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 Lay Hong Bhd was 39.50. The lowest was 6.10. And the median was 10.33.


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.


Lay Hong Bhd Cyclically Adjusted FCF per Share Related Terms

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


Lay Hong Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Empayar, Off Persiaran, Wisma Lay Hong, No. 2 Level 10-12, Sultan Ibrahim / KU1, Klang, SGR, MYS, 41150
Lay Hong Bhd is engaged in integrated livestock farming and Investment holding. The Company's three core businesses are Integrated livestock farming; Food manufacturing; and Retail business. It generates maximum revenue from the Integrated livestock farming segment.

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