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Minmetals Land (HKSE:00230) Cyclically Adjusted Price-to-FCF : (As of Jun. 20, 2024)


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What is Minmetals Land Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Minmetals Land Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Minmetals Land'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.

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Minmetals Land Cyclically Adjusted Price-to-FCF Chart

Minmetals Land Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Minmetals Land Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Minmetals Land's Cyclically Adjusted Price-to-FCF

For the Real Estate - Development subindustry, Minmetals Land'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.


Minmetals Land's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Minmetals Land's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Minmetals Land 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.

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

For example, Minmetals Land'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)
=0.109/117.2957*117.2957
=0.109

Current CPI (Dec23) = 117.2957.

Minmetals Land Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.733 99.707 -0.862
201512 1.562 102.015 1.796
201612 -0.689 103.225 -0.783
201712 -0.059 104.984 -0.066
201812 -0.500 107.622 -0.545
201912 -0.530 110.700 -0.562
202012 -0.704 109.711 -0.753
202112 0.825 112.349 0.861
202212 -0.918 114.548 -0.940
202312 0.109 117.296 0.109

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.


Minmetals Land  (HKSE:00230) 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.


Minmetals Land Cyclically Adjusted Price-to-FCF Related Terms

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Minmetals Land (HKSE:00230) Business Description

Industry
Traded in Other Exchanges
N/A
Address
79 Chatham Road South, 18th Floor, China Minmetals Tower, Tsimshatsui, Kowloon, Hong Kong, HKG
Minmetals Land Ltd is a Hong Kong-based investment holding company. It is principally engaged in real estate development, specialised construction, property investment, and securities investment. The firm has four operating segments which are Real estate development, Specialised construction, Property investment, and Securities investment. Its real estate development business, which is the key revenue-generating segment, covers the development and sales of residential and commercial properties. The group operates in Hong Kong and Mainland China, of which a majority of revenue is derived from Mainland China.

Minmetals Land (HKSE:00230) Headlines

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