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Wing On Co International (HKSE:00289) Cyclically Adjusted Price-to-FCF : 11.92 (As of Jun. 15, 2024)


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What is Wing On Co International Cyclically Adjusted Price-to-FCF?

As of today (2024-06-15), Wing On Co International's current share price is HK$12.28. Wing On Co International's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was HK$1.03. Wing On Co International's Cyclically Adjusted Price-to-FCF for today is 11.92.

The historical rank and industry rank for Wing On Co International's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

HKSE:00289' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.41   Med: 13.73   Max: 17.5
Current: 11.86

During the past 13 years, Wing On Co International's highest Cyclically Adjusted Price-to-FCF was 17.50. The lowest was 9.41. And the median was 13.73.

HKSE:00289's Cyclically Adjusted Price-to-FCF is ranked better than
53.76% of 439 companies
in the Retail - Cyclical industry
Industry Median: 13.09 vs HKSE:00289: 11.86

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.

Wing On Co International's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was HK$0.660. 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$1.03 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wing On Co International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Wing On Co International'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.

Wing On Co International Cyclically Adjusted Price-to-FCF Chart

Wing On Co International 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 13.09 11.28 13.04 12.33 11.74

Wing On Co International 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 13.04 - 12.33 - 11.74

Competitive Comparison of Wing On Co International's Cyclically Adjusted Price-to-FCF

For the Department Stores subindustry, Wing On Co International'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.


Wing On Co International's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Wing On Co International's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Wing On Co International's Cyclically Adjusted Price-to-FCF falls into.



Wing On Co International 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.

Wing On Co International's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.28/1.03
=11.92

* 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.

Wing On Co International's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Wing On Co International'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)
=0.66/117.2957*117.2957
=0.660

Current CPI (Dec23) = 117.2957.

Wing On Co International Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 1.855 99.707 2.182
201512 1.297 102.015 1.491
201612 1.942 103.225 2.207
201712 1.092 104.984 1.220
201812 0.499 107.622 0.544
201912 1.312 110.700 1.390
202012 0.238 109.711 0.254
202112 0.344 112.349 0.359
202212 -0.021 114.548 -0.022
202312 0.660 117.296 0.660

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.


Wing On Co International  (HKSE:00289) 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.


Wing On Co International Cyclically Adjusted Price-to-FCF Related Terms

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


Wing On Co International (HKSE:00289) Business Description

Traded in Other Exchanges
N/A
Address
211 Des Voeux Road Central, 7th Floor, Wing On Centre, Hong Kong, HKG
Wing On Co International Ltd operates department stores. It also invests in properties. The company has two segments namely, Department Stores and Property Investment. Department stores segment operates department stores in Hong Kong, while the Property Investment segment engages in leasing commercial premises to generate rental income. Its investment property portfolio is spread across Hong Kong, Australia, and the United States of America. The firm derives most of its revenues from department stores.
Executives
Kee Wai Investment Company (bvi) Limited 2201 Interest of corporation controlled by you
Wing On Corporate Management (bvi) Limited 2201 Interest of corporation controlled by you
Wing On International Holdings Limited 2201 Interest of corporation controlled by you

Wing On Co International (HKSE:00289) Headlines

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