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BKI Investment Co (ASX:BKI) Cyclically Adjusted Price-to-FCF : 16.75 (As of Apr. 30, 2024)


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What is BKI Investment Co Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), BKI Investment Co's current share price is A$1.675. BKI Investment Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 was A$0.10. BKI Investment Co's Cyclically Adjusted Price-to-FCF for today is 16.75.

The historical rank and industry rank for BKI Investment Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ASX:BKI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 14.13   Med: 19.75   Max: 22
Current: 17.69

During the past 13 years, BKI Investment Co's highest Cyclically Adjusted Price-to-FCF was 22.00. The lowest was 14.13. And the median was 19.75.

ASX:BKI's Cyclically Adjusted Price-to-FCF is ranked better than
52.94% of 510 companies
in the Asset Management industry
Industry Median: 20.185 vs ASX:BKI: 17.69

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.

BKI Investment Co's adjusted free cash flow per share data of for the fiscal year that ended in Jun23 was A$0.099. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is A$0.10 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


BKI Investment Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for BKI Investment Co's Cyclically Adjusted Price-to-FCF 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.

BKI Investment Co Cyclically Adjusted Price-to-FCF Chart

BKI Investment Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.95 17.36 20.29 18.53 18.06

BKI Investment Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cyclically Adjusted Price-to-FCF 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 - 18.53 - 18.06 -

Competitive Comparison of BKI Investment Co's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, BKI Investment Co'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.


BKI Investment Co's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BKI Investment Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where BKI Investment Co's Cyclically Adjusted Price-to-FCF falls into.



BKI Investment Co Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

BKI Investment Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.675/0.1
=16.75

* 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.

BKI Investment Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun23 is calculated as:

For example, BKI Investment Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.099/124.1700*124.1700
=0.099

Current CPI (Jun23) = 124.1700.

BKI Investment Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.075 98.352 0.095
201506 0.079 99.838 0.098
201606 0.075 100.859 0.092
201706 0.071 102.809 0.086
201806 0.077 104.945 0.091
201906 0.098 106.617 0.114
202006 0.067 106.246 0.078
202106 0.052 110.332 0.059
202206 0.135 117.112 0.143
202306 0.099 124.170 0.099

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


BKI Investment Co  (ASX:BKI) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


BKI Investment Co Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of BKI Investment Co's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


BKI Investment Co (ASX:BKI) Business Description

Traded in Other Exchanges
N/A
Address
1 Castlereagh Street, Suite 302, Level 3, Sydney, NSW, AUS, 2000
BKI Investment Co Ltd invests in a diversified portfolio of Australian shares, trusts, and interest-bearing securities. The objective of the company is to generate an increasing income stream for distribution to shareholders in the form of fully franked dividends to the extent of available imputation tax credits, through long-term investment in a portfolio of assets that are also able to deliver long-term capital growth to shareholders.

BKI Investment Co (ASX:BKI) Headlines

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