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King Fook Holdings (HKSE:00280) Cyclically Adjusted Price-to-FCF : 5.57 (As of Jun. 19, 2024)


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What is King Fook Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-06-19), King Fook Holdings's current share price is HK$0.39. King Fook Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 was HK$0.07. King Fook Holdings's Cyclically Adjusted Price-to-FCF for today is 5.57.

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

HKSE:00280' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.71   Med: 7.07   Max: 21.5
Current: 5.44

During the past 13 years, King Fook Holdings's highest Cyclically Adjusted Price-to-FCF was 21.50. The lowest was 4.71. And the median was 7.07.

HKSE:00280's Cyclically Adjusted Price-to-FCF is ranked better than
78.64% of 440 companies
in the Retail - Cyclical industry
Industry Median: 13.16 vs HKSE:00280: 5.44

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.

King Fook Holdings's adjusted free cash flow per share data of for the fiscal year that ended in Mar23 was HK$0.098. 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$0.07 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


King Fook Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for King Fook 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.

King Fook Holdings Cyclically Adjusted Price-to-FCF Chart

King Fook Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 18.36 5.30

King Fook Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 18.36 - 5.30 -

Competitive Comparison of King Fook Holdings's Cyclically Adjusted Price-to-FCF

For the Luxury Goods subindustry, King Fook 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.


King Fook Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, King Fook Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



King Fook 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.

King Fook Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.39/0.07
=5.57

* 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.

King Fook Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, King Fook Holdings's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.098/115.4269*115.4269
=0.098

Current CPI (Mar23) = 115.4269.

King Fook Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.029 95.749 0.035
201503 0.077 99.927 0.089
201603 -0.147 102.785 -0.165
201703 0.034 103.335 0.038
201803 0.116 105.973 0.126
201903 0.033 108.172 0.035
202003 0.099 110.920 0.103
202103 0.171 111.579 0.177
202203 0.178 113.558 0.181
202303 0.098 115.427 0.098

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.


King Fook Holdings  (HKSE:00280) 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.


King Fook Holdings Cyclically Adjusted Price-to-FCF Related Terms

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King Fook Holdings (HKSE:00280) Business Description

Traded in Other Exchanges
N/A
Address
30-32 Des Voeux Road Central, 9th Floor, King Fook Building, Hong Kong, HKG
King Fook Holdings Ltd is a Hong Kong-based investment holding company. It is engaged in Gold ornament, jewelry, watch and gift retailing, Bullion trading, and Diamond wholesaling activity. The majority of the revenue is generated from the retail of Gold ornaments, jewelry, watch, and gift. The Group has only one single reportable segment, which is retailing, bullion trading, and diamond wholesaling. Principally the group operates in Hong Kong.
Executives
Yeung Chi Shing Estates Limited 2101 Beneficial owner

King Fook Holdings (HKSE:00280) Headlines

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