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Alco Holdings (HKSE:00328) Cyclically Adjusted Price-to-FCF : (As of Jun. 06, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Alco Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Alco 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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Alco Holdings Cyclically Adjusted Price-to-FCF Chart

Alco Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
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Alco Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Competitive Comparison of Alco Holdings's Cyclically Adjusted Price-to-FCF

For the Consumer Electronics subindustry, Alco 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.


Alco Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Alco Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Alco 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.

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

For example, Alco 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)
=-0.075/115.4269*115.4269
=-0.075

Current CPI (Mar23) = 115.4269.

Alco Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -20.764 95.749 -25.031
201503 6.082 99.927 7.025
201603 5.987 102.785 6.723
201703 -15.496 103.335 -17.309
201803 -35.421 105.973 -38.581
201903 -19.948 108.172 -21.286
202003 -18.529 110.920 -19.282
202103 -17.614 111.579 -18.221
202203 -11.741 113.558 -11.934
202303 -0.075 115.427 -0.075

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.


Alco Holdings  (HKSE:00328) 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.


Alco Holdings Cyclically Adjusted Price-to-FCF Related Terms

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Alco Holdings (HKSE:00328) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2 On Yiu Street, 11th Floor, Metropole Square, Sha Tin, New Territories, Hong Kong, HKG
Alco Holdings Ltd is an investment holding company. The company's operating segment includes AV products and Notebook products. It generates maximum revenue from the Notebook products segment. The AV products segment is involved in the design, manufacture, and sale of consumer electronic products, including audio, video, and tablet products. Its Notebook products segment is engaged in the design, manufacture, and sale of commercial notebooks and personal computer products. Geographically, it derives a majority of its revenue from Asia and also has a presence in North America; Europe, and Other Countries.
Executives
Bong Ching Chung Bong Ching Chung 2101 Beneficial owner
Huatai Securities Co., Ltd. 2201 Interest of corporation controlled by you
Xu Jia Qi 2101 Beneficial owner
Toh Cheng Hock Kenneth 2106 Person having a security interest in shares
Webb David Michael 2201 Interest of corporation controlled by you
Preferable Situation Assets Limited 2101 Beneficial owner
Li Wing Yin 2101 Beneficial owner
Shundean Investments Limited 2101 Beneficial owner
Leung Wai Lap David 2101 Beneficial owner
Leung Wai Lap David 2101 Beneficial owner
Leung Kai Ching Kimen 2101 Beneficial owner
Leung Wai Sing Wilson 2101 Beneficial owner

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