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Raymond Industrial (HKSE:00229) Cyclically Adjusted Price-to-FCF : 11.22 (As of Jun. 09, 2024)


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What is Raymond Industrial Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Raymond Industrial's current share price is HK$1.01. Raymond Industrial's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was HK$0.09. Raymond Industrial's Cyclically Adjusted Price-to-FCF for today is 11.22.

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

HKSE:00229' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.3   Med: 20.4   Max: 131
Current: 11.1

During the past 13 years, Raymond Industrial's highest Cyclically Adjusted Price-to-FCF was 131.00. The lowest was 7.30. And the median was 20.40.

HKSE:00229's Cyclically Adjusted Price-to-FCF is ranked better than
69.19% of 185 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 17.63 vs HKSE:00229: 11.10

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.

Raymond Industrial's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was HK$0.102. 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 HK$0.09 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Raymond Industrial Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Raymond Industrial'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.

Raymond Industrial Cyclically Adjusted Price-to-FCF Chart

Raymond Industrial 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 13.41 13.05 13.12 7.83 8.35

Raymond Industrial 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 13.12 - 7.83 - 8.35

Competitive Comparison of Raymond Industrial's Cyclically Adjusted Price-to-FCF

For the Furnishings, Fixtures & Appliances subindustry, Raymond Industrial'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.


Raymond Industrial's Cyclically Adjusted Price-to-FCF Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Raymond Industrial's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Raymond Industrial's Cyclically Adjusted Price-to-FCF falls into.



Raymond Industrial 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.

Raymond Industrial's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.01/0.09
=11.22

* 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.

Raymond Industrial's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Raymond Industrial'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)
=0.102/117.2957*117.2957
=0.102

Current CPI (Dec23) = 117.2957.

Raymond Industrial Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.022 99.707 0.026
201512 0.138 102.015 0.159
201612 0.071 103.225 0.081
201712 0.087 104.984 0.097
201812 -0.108 107.622 -0.118
201912 0.201 110.700 0.213
202012 0.130 109.711 0.139
202112 -0.026 112.349 -0.027
202212 0.233 114.548 0.239
202312 0.102 117.296 0.102

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.


Raymond Industrial  (HKSE:00229) 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.


Raymond Industrial Cyclically Adjusted Price-to-FCF Related Terms

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


Raymond Industrial (HKSE:00229) Business Description

Traded in Other Exchanges
N/A
Address
8 On Ping Street, Rooms 1801-1813, 18th Floor, Grandtech Centre, Shatin, New Territories, Hong Kong, HKG
Raymond Industrial Ltd is engaged in the manufacture and sale of electrical home appliances. The company's geographical segment includes Japan, the United States, and the People's Republic of China (PRC), Europe, Asia (excluding Japan and the PRC) and Rest of the world. The PRC segment is involved in the manufacture of electrical household appliances. The Rest of the world segment covers sales of electrical home appliances to customers in Australia, Canada, South America and Africa. Its product categories comprise Environmental products, Battery, Health and personal care, Kitchen products and other small and medium-sized electrical household appliances.
Executives
Wong Ying Man John 2101 Beneficial owner
Webb David Michael 2101 Beneficial owner
Diamond-harvest Limited 2101 Beneficial owner
Wong Kin Lae Wilson 2201 Interest of corporation controlled by you
Zhong Guo Bing Qi Gong Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Bing Qi Zhuang Bei Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Bei Fang Gong Ye You Xian Gong Si 2201 Interest of corporation controlled by you
An Li Shi Ye You Xian Gong Si 2101 Beneficial owner
Sun Kwing Hai Amelia 2202 Interest of your spouse

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