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FFHOY (First Financial Holding Co) Cyclically Adjusted Price-to-FCF : (As of Sep. 24, 2024)


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What is First Financial Holding Co Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


First Financial Holding Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for First Financial Holding 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.

First Financial Holding Co Cyclically Adjusted Price-to-FCF Chart

First Financial Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.09 20.87 14.87 13.47 16.41

First Financial Holding Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 20.19 22.94 16.41 27.99 27.70

Competitive Comparison of First Financial Holding Co's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, First Financial Holding 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.


First Financial Holding Co's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Financial Holding Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where First Financial Holding Co's Cyclically Adjusted Price-to-FCF falls into.



First Financial Holding 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.

First Financial Holding Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, First Financial Holding Co's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=1.776/132.5538*132.5538
=1.776

Current CPI (Jun. 2024) = 132.5538.

First Financial Holding Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 -1.612 100.428 -2.128
201412 0.114 99.070 0.153
201503 1.269 99.621 1.689
201506 2.111 100.684 2.779
201509 -0.341 100.392 -0.450
201512 -0.529 99.792 -0.703
201603 -1.310 100.470 -1.728
201606 -0.630 101.688 -0.821
201609 0.676 101.861 0.880
201612 0.208 101.863 0.271
201703 -0.979 102.862 -1.262
201706 -0.474 103.349 -0.608
201709 0.250 104.136 0.318
201712 0.701 104.011 0.893
201803 -0.919 105.290 -1.157
201806 4.513 106.317 5.627
201809 -1.823 106.507 -2.269
201812 -1.121 105.998 -1.402
201903 -0.670 107.251 -0.828
201906 -0.198 108.070 -0.243
201909 1.582 108.329 1.936
201912 2.698 108.420 3.299
202003 -3.701 108.902 -4.505
202006 -0.687 108.767 -0.837
202009 3.427 109.815 4.137
202012 -1.499 109.897 -1.808
202103 1.590 111.754 1.886
202106 -1.010 114.631 -1.168
202109 0.753 115.734 0.862
202112 2.784 117.630 3.137
202203 -0.659 121.301 -0.720
202206 -1.087 125.017 -1.153
202209 0.742 125.227 0.785
202212 2.117 125.222 2.241
202303 -1.753 127.348 -1.825
202306 -0.810 128.729 -0.834
202309 -0.309 129.860 -0.315
202312 3.366 129.419 3.448
202403 -2.528 131.776 -2.543
202406 1.776 132.554 1.776

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.


First Financial Holding Co  (OTCPK:FFHOY) 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.


First Financial Holding Co Cyclically Adjusted Price-to-FCF Related Terms

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First Financial Holding Co Business Description

Traded in Other Exchanges
Address
No. 30, Chongqing South Road, 18th Floor, Section 1, Taipei, TWN, 100
First Financial Holding Co Ltd is a financial services holding company that consists of various subsidiaries. Most of the company's activities are overwhelmingly concentrated in Taiwan. Its largest revenue-contributing subsidiary, First Bank, derives most of its net revenue from net interest income. First Bank's expansion strategy targets China and Southeast Asia, as well as developed economies across the globe. First Bank emphasizes distribution chain financing and has adjusted its loan portfolio away from capital-intensive lending, together with a focus on fee-based businesses. The company also engages in asset management, securities trading, brokerage services, insurance, venture capital, consulting, and distressed asset investing.

First Financial Holding Co Headlines

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