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Everbright Securities Co (FRA:0EC) Cyclically Adjusted Price-to-FCF : 14.13 (As of Sep. 21, 2024)


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What is Everbright Securities Co Cyclically Adjusted Price-to-FCF?

As of today (2024-09-21), Everbright Securities Co's current share price is €0.565. Everbright Securities Co's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was €0.04. Everbright Securities Co's Cyclically Adjusted Price-to-FCF for today is 14.13.

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

FRA:0EC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.62   Med: 32.71   Max: 87.82
Current: 12.62

During the past years, Everbright Securities Co's highest Cyclically Adjusted Price-to-FCF was 87.82. The lowest was 12.62. And the median was 32.71.

FRA:0EC's Cyclically Adjusted Price-to-FCF is ranked better than
65.49% of 226 companies
in the Capital Markets industry
Industry Median: 19.45 vs FRA:0EC: 12.62

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.

Everbright Securities Co's adjusted free cash flow per share data for the three months ended in Jun. 2024 was €0.239. 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 €0.04 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Everbright Securities Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Everbright Securities 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.

Everbright Securities Co Cyclically Adjusted Price-to-FCF Chart

Everbright Securities 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 - - 85.63 31.78 22.08

Everbright Securities 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 24.38 36.34 22.08 22.28 13.00

Competitive Comparison of Everbright Securities Co's Cyclically Adjusted Price-to-FCF

For the Capital Markets subindustry, Everbright Securities 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.


Everbright Securities Co's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Everbright Securities Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Everbright Securities 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.

Everbright Securities Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.565/0.04
=14.13

* 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.

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

For example, Everbright Securities 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)
=0.239/117.7354*117.7354
=0.239

Current CPI (Jun. 2024) = 117.7354.

Everbright Securities Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 0.337 97.948 0.405
201412 0.493 99.707 0.582
201503 0.041 99.927 0.048
201506 1.773 99.267 2.103
201509 -0.772 99.927 -0.910
201512 -0.812 102.015 -0.937
201603 0.227 102.785 0.260
201606 0.016 101.686 0.019
201609 -0.589 102.565 -0.676
201612 -0.286 103.225 -0.326
201703 -0.250 103.335 -0.285
201706 0.204 103.664 0.232
201709 -0.199 103.994 -0.225
201712 -0.948 104.984 -1.063
201803 0.124 105.973 0.138
201806 -0.119 106.193 -0.132
201809 -0.163 106.852 -0.180
201812 -0.350 107.622 -0.383
201903 0.721 108.172 0.785
201906 0.403 109.601 0.433
201909 0.019 110.260 0.020
201912 -0.123 110.700 -0.131
202003 0.652 110.920 0.692
202006 -0.455 110.590 -0.484
202009 -0.022 107.512 -0.024
202012 0.501 109.711 0.538
202103 0.186 111.579 0.196
202106 -0.282 111.360 -0.298
202109 0.201 109.051 0.217
202112 -0.250 112.349 -0.262
202203 0.548 113.558 0.568
202206 -0.162 113.448 -0.168
202209 -0.013 113.778 -0.013
202212 0.104 114.548 0.107
202303 0.059 115.427 0.060
202306 -0.096 115.647 -0.098
202309 -0.036 116.087 -0.037
202312 0.420 117.296 0.422
202403 0.106 117.735 0.106
202406 0.239 117.735 0.239

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.


Everbright Securities Co  (FRA:0EC) 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.


Everbright Securities Co Cyclically Adjusted Price-to-FCF Related Terms

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


Everbright Securities Co Business Description

Traded in Other Exchanges
Address
12/F, 108 Gloucester Road, Everbright Centre, Wan Chai, Hong Kong, HKG
Everbright Securities Co Ltd is a China-based company is engaged in providing brokerage and investment consulting services. The Company's business includes wealth management business segment, corporate financing business segment, institutional customer business segment, investment trading business segment, asset management business segment and equity investment business segment. The company generates the majority of its revenue from wealth management business segment.

Everbright Securities Co Headlines

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