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CSC Holdings (HKSE:00235) Cyclically Adjusted Price-to-FCF : (As of Jun. 13, 2024)


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What is CSC Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


CSC Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CSC 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.

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CSC Holdings Cyclically Adjusted Price-to-FCF Chart

CSC Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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CSC Holdings 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 CSC Holdings's Cyclically Adjusted Price-to-FCF

For the Capital Markets subindustry, CSC 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.


CSC Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

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

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



CSC 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.

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

For example, CSC 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)
=0.015/117.2957*117.2957
=0.015

Current CPI (Dec23) = 117.2957.

CSC Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.001 99.707 0.001
201512 -0.073 102.015 -0.084
201612 0.011 103.225 0.012
201712 -0.087 104.984 -0.097
201812 -0.027 107.622 -0.029
201912 0.024 110.700 0.025
202012 0.067 109.711 0.072
202112 0.031 112.349 0.032
202212 0.009 114.548 0.009
202312 0.015 117.296 0.015

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.


CSC Holdings  (HKSE:00235) 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.


CSC Holdings Cyclically Adjusted Price-to-FCF Related Terms

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CSC Holdings (HKSE:00235) Business Description

Traded in Other Exchanges
N/A
Address
26 Harbour Road, Rooms 3206-3210, 32nd Floor, China Resources Building, Wanchai, Hong Kong, HKG
CSC Holdings Ltd conducts operations through its subsidiaries. The company's core businesses consist of investment in securities, which generates dividend income and other income; the trading business, which includes trading of metal minerals and electronic components; the money-lending business, which generates interest income and arrangement fees; and Securities brokerage includes dealing in securities activities. The company generates its revenue from the trading business. It conducts operations in the People's Republic of China and Hong Kong, with the revenue generated from Hong Kong.
Executives
Courage Star Global Limited 2101 Beneficial owner
Pioneer Success Development Limited 2101 Beneficial owner
Cheng Kar Shun 2201 Interest of corporation controlled by you
Suen Cho Hung, Paul 2201 Interest of corporation controlled by you

CSC Holdings (HKSE:00235) Headlines

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