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Chinney Alliance Group (HKSE:00385) Cyclically Adjusted Price-to-FCF : 6.33 (As of Sep. 21, 2024)


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What is Chinney Alliance Group Cyclically Adjusted Price-to-FCF?

As of today (2024-09-21), Chinney Alliance Group's current share price is HK$0.38. Chinney Alliance Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was HK$0.06. Chinney Alliance Group's Cyclically Adjusted Price-to-FCF for today is 6.33.

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

HKSE:00385' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.92   Med: 10.43   Max: 46.33
Current: 6.55

During the past 13 years, Chinney Alliance Group's highest Cyclically Adjusted Price-to-FCF was 46.33. The lowest was 4.92. And the median was 10.43.

HKSE:00385's Cyclically Adjusted Price-to-FCF is ranked better than
83.51% of 558 companies
in the Construction industry
Industry Median: 17.21 vs HKSE:00385: 6.55

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.

Chinney Alliance Group's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was HK$0.144. 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$0.06 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chinney Alliance Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Chinney Alliance 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.

Chinney Alliance Group Cyclically Adjusted Price-to-FCF Chart

Chinney Alliance 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 50.06 - 29.07 16.72 6.12

Chinney Alliance Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - 16.72 - 6.12 -

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

For the Engineering & Construction subindustry, Chinney Alliance 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.


Chinney Alliance Group's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Chinney Alliance Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Chinney Alliance 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.38/0.06
=6.33

* 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.

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

For example, Chinney Alliance 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)
=0.144/117.2957*117.2957
=0.144

Current CPI (Dec23) = 117.2957.

Chinney Alliance Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.247 99.707 0.291
201512 0.471 102.015 0.542
201612 0.151 103.225 0.172
201712 0.060 104.984 0.067
201812 -0.388 107.622 -0.423
201912 -0.117 110.700 -0.124
202012 -0.525 109.711 -0.561
202112 0.234 112.349 0.244
202212 0.224 114.548 0.229
202312 0.144 117.296 0.144

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.


Chinney Alliance Group  (HKSE:00385) 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.


Chinney Alliance Group Cyclically Adjusted Price-to-FCF Related Terms

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


Chinney Alliance Group Business Description

Traded in Other Exchanges
N/A
Address
111 Connaught Road Central, 23rd Floor, Wing On Centre, Hong Kong, HKG
Chinney Alliance Group Ltd is an investment holding company. The company's operating segment includes Plastic and chemical products; Building related contracting services; Building construction; Foundation piling and ground investigation; the aviation segment and others. It generates maximum revenue from the Building related contracting services segment. The Building related contracting services segment consists of the provision of contracting services for both public and private sectors, including engineering contracting services in the air-conditioning industry and the provision of maintenance services. Geographically, it derives a majority of revenue from Hong Kong.
Executives
Wong Sai Wing, James 2201 Interest of corporation controlled by you

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