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Allied Group (HKSE:00373) Cyclically Adjusted Price-to-FCF : 3.39 (As of Jun. 20, 2024)


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What is Allied Group Cyclically Adjusted Price-to-FCF?

As of today (2024-06-20), Allied Group's current share price is HK$1.49. Allied Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was HK$0.44. Allied Group's Cyclically Adjusted Price-to-FCF for today is 3.39.

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

HKSE:00373' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.2   Med: 35.33   Max: 48.86
Current: 3.37

During the past 13 years, Allied Group's highest Cyclically Adjusted Price-to-FCF was 48.86. The lowest was 3.20. And the median was 35.33.

HKSE:00373's Cyclically Adjusted Price-to-FCF is ranked better than
69.81% of 106 companies
in the Credit Services industry
Industry Median: 9.315 vs HKSE:00373: 3.37

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.

Allied Group's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was HK$0.293. 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$0.44 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Allied Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Allied Group'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.

Allied Group Cyclically Adjusted Price-to-FCF Chart

Allied Group 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 - 44.01 45.90 4.91 3.71

Allied Group 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 45.90 - 4.91 - 3.71

Competitive Comparison of Allied Group's Cyclically Adjusted Price-to-FCF

For the Credit Services subindustry, Allied Group'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.


Allied Group's Cyclically Adjusted Price-to-FCF Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Allied Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Allied Group 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.

Allied Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=1.49/0.44
=3.39

* 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.

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

For example, Allied Group'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)
=0.293/117.2957*117.2957
=0.293

Current CPI (Dec23) = 117.2957.

Allied Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.193 99.707 -0.227
201512 0.358 102.015 0.412
201612 0.247 103.225 0.281
201712 -0.850 104.984 -0.950
201812 -0.070 107.622 -0.076
201912 0.707 110.700 0.749
202012 0.633 109.711 0.677
202112 -0.304 112.349 -0.317
202212 3.493 114.548 3.577
202312 0.293 117.296 0.293

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.


Allied Group  (HKSE:00373) 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.


Allied Group Cyclically Adjusted Price-to-FCF Related Terms

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


Allied Group (HKSE:00373) Business Description

Traded in Other Exchanges
N/A
Address
138 Gloucester Road, 22nd Floor, Allied Kajima Building, Wanchai, Hong Kong, HKG
Allied Group Ltd is a Hong Kong-based investment holding company. The segments in which the company operates are investment and finance which includes investment and provision of mortgage loan and term loan financing. 2) Consumer finance segment includes the provision of consumer, SME and other financing. 3) Property development includes the business of development of properties. 4) Property investment includes property rental and hotel operations managed by third parties. 5) Property management includes the provision of property management, cleaning and security guarding services. 6) Elderly care services include the provision of elderly care services. 7) Corporate and other operations include corporate revenue and expenses, other operations and results of unallocated operations.
Executives
Lee Seng Hui
Minty Hongkong Limited
Cashplus Management Limited
Zealous Developments Limited
Lee Seng Huang
Lee Su Hwei
China Spirit Limited 2201 Interest of corporation controlled by you
Vigor Online Offshore Limited 2101 Beneficial owner
Chong Sok Un 2201 Interest of corporation controlled by you

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