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Future World Holdings (HKSE:00572) Cyclically Adjusted Price-to-FCF : (As of Jun. 25, 2024)


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What is Future World Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Future World Holdings Cyclically Adjusted Price-to-FCF Historical Data

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

Future World Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Future World Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Future World Holdings's Cyclically Adjusted Price-to-FCF

For the Capital Markets subindustry, Future World 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.


Future World Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Future World Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Future World 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.

Future World Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Future World Holdings'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)
=-0.283/117.2957*117.2957
=-0.283

Current CPI (Dec23) = 117.2957.

Future World Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -1.766 99.707 -2.078
201512 -3.829 102.015 -4.403
201612 -0.017 103.225 -0.019
201712 -12.295 104.984 -13.737
201812 -2.163 107.622 -2.357
201912 0.648 110.700 0.687
202012 -0.938 109.711 -1.003
202112 0.021 112.349 0.022
202212 0.194 114.548 0.199
202312 -0.283 117.296 -0.283

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.


Future World Holdings  (HKSE:00572) 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.


Future World Holdings Cyclically Adjusted Price-to-FCF Related Terms

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Future World Holdings (HKSE:00572) Business Description

Traded in Other Exchanges
N/A
Address
30 Harbour Road, Room 2601-2604 and 2637-2640, 26th Floor, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG
Future World Holdings Ltd is an investment holding company. The company and its subsidiaries are principally engaged in the businesses of High technology business; Property investment; Provision of financing services; Securities trading and investment and Trading business and related service. Majority of revenue is derived from Provision of financing services segment. The group's operations are located in Hong Kong and the PRC, of which key revenue is derived from Hong Kong.
Executives
Lai Long Wai 2201 Interest of corporation controlled by you
China Clean Energy Technology Limited 2101 Beneficial owner
Chu Mo Kwan 2101 Beneficial owner
Zhao Zhiqiang 2101 Beneficial owner
Fang Wen Wen
Chu Mo Kwan
Yip Chun Tat 2101 Beneficial owner
Yang Xuanzi 2101 Beneficial owner
Tan Jinkang 2101 Beneficial owner
Liu Mingzhong 2101 Beneficial owner
East Jumbo Development Limited 2501 Other
Or Den Fung Bonnie 2401 A concert party to an agreement to buy shares
Hrg Robotics International Limited
Ha Gong Da Ji Qi Ren Ji Tuan Shang Hai Ke Ji Fu Wu You Xian Gong Si
Ha Gong Da Ji Qi Ren Ji Tuan Gu Fen You Xian Gong Si

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