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Fountain Set (Holdings) (FRA:FOV) Cyclically Adjusted Price-to-FCF : (As of Apr. 30, 2024)


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What is Fountain Set (Holdings) Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Fountain Set (Holdings) Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fountain Set (Holdings)'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.

Fountain Set (Holdings) Cyclically Adjusted Price-to-FCF Chart

Fountain Set (Holdings) 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 6.98 3.02 8.45 4.22 -

Fountain Set (Holdings) 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 8.45 - 4.22 - -

Competitive Comparison of Fountain Set (Holdings)'s Cyclically Adjusted Price-to-FCF

For the Textile Manufacturing subindustry, Fountain Set (Holdings)'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.


Fountain Set (Holdings)'s Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Fountain Set (Holdings)'s Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Fountain Set (Holdings)'s Cyclically Adjusted Price-to-FCF falls into.



Fountain Set (Holdings) 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.

Fountain Set (Holdings)'s Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Fountain Set (Holdings)'s adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.019/117.2957*117.2957
=0.019

Current CPI (Dec23) = 117.2957.

Fountain Set (Holdings) Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.015 99.707 0.018
201512 0.033 102.015 0.038
201612 0.005 103.225 0.006
201712 0.000 104.984 0.000
201812 0.020 107.622 0.022
201912 0.069 110.700 0.073
202012 0.042 109.711 0.045
202112 -0.034 112.349 -0.035
202212 0.073 114.548 0.075
202312 0.019 117.296 0.019

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.


Fountain Set (Holdings)  (FRA:FOV) 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.


Fountain Set (Holdings) Cyclically Adjusted Price-to-FCF Related Terms

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Fountain Set (Holdings) (FRA:FOV) Business Description

Traded in Other Exchanges
Address
29-39 Kwai Cheong Road, Block A, 6th Floor, Eastern Sea Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG
Fountain Set (Holdings) Ltd and its subsidiaries are circularly knitted fabric manufacturers. It provides vertically integrated operations in fabric knitting, dyeing, printing, and finishing. In addition, the group's product range also includes garments. The company supplies knitted fabric to garment manufacturers for apparel products like sportswear, casual wear, sleepwear, and innerwear. The operating segments of the company are the production and sales of dyed fabrics and yarns, and the Production and sales of garments. The group operates in Hong Kong, China, Taiwan, Korea, Sri Lanka, America, Europe, and Others.

Fountain Set (Holdings) (FRA:FOV) Headlines

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