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Luk Fook Holdings (International) (HKSE:00590) Cyclically Adjusted Price-to-FCF : 11.25 (As of May. 22, 2024)


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What is Luk Fook Holdings (International) Cyclically Adjusted Price-to-FCF?

As of today (2024-05-22), Luk Fook Holdings (International)'s current share price is HK$19.24. Luk Fook Holdings (International)'s Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 was HK$1.71. Luk Fook Holdings (International)'s Cyclically Adjusted Price-to-FCF for today is 11.25.

The historical rank and industry rank for Luk Fook Holdings (International)'s Cyclically Adjusted Price-to-FCF or its related term are showing as below:

HKSE:00590' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.46   Med: 36.48   Max: 374.94
Current: 11.39

During the past 13 years, Luk Fook Holdings (International)'s highest Cyclically Adjusted Price-to-FCF was 374.94. The lowest was 10.46. And the median was 36.48.

HKSE:00590's Cyclically Adjusted Price-to-FCF is ranked better than
54.85% of 423 companies
in the Retail - Cyclical industry
Industry Median: 12.95 vs HKSE:00590: 11.39

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.

Luk Fook Holdings (International)'s adjusted free cash flow per share data of for the fiscal year that ended in Mar23 was HK$2.102. 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$1.71 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Luk Fook Holdings (International) Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Luk Fook Holdings (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.

Luk Fook Holdings (International) Cyclically Adjusted Price-to-FCF Chart

Luk Fook Holdings (International) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.18 15.44 15.57 12.67 14.63

Luk Fook Holdings (International) Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 12.67 - 14.63 -

Competitive Comparison of Luk Fook Holdings (International)'s Cyclically Adjusted Price-to-FCF

For the Luxury Goods subindustry, Luk Fook Holdings (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.


Luk Fook Holdings (International)'s Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Luk Fook Holdings (International)'s Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Luk Fook Holdings (International)'s Cyclically Adjusted Price-to-FCF falls into.



Luk Fook Holdings (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.

Luk Fook Holdings (International)'s Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=19.24/1.71
=11.25

* 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.

Luk Fook Holdings (International)'s Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Luk Fook Holdings (International)'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)
=2.102/115.4269*115.4269
=2.102

Current CPI (Mar23) = 115.4269.

Luk Fook Holdings (International) Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.195 95.749 1.441
201503 0.413 99.927 0.477
201603 3.313 102.785 3.720
201703 0.960 103.335 1.072
201803 0.438 105.973 0.477
201903 -1.703 108.172 -1.817
202003 4.899 110.920 5.098
202103 3.929 111.579 4.064
202203 0.483 113.558 0.491
202303 2.102 115.427 2.102

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.


Luk Fook Holdings (International)  (HKSE:00590) 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.


Luk Fook Holdings (International) Cyclically Adjusted Price-to-FCF Related Terms

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Luk Fook Holdings (International) (HKSE:00590) Business Description

Traded in Other Exchanges
Address
No. 2 On Yiu Street, 15th, 20th, 25th & 27th Floors, Metropole Square, Shatin, New Territories, Hong Kong, HKG
Luk Fook Holdings (International) Ltd is a Hong Kong-based investment holding company. The company is engaged in the sourcing, designing, wholesaling, trademark licensing and retailing of a variety of gold and platinum jewelry and gem-set jewelry products. It operates through the following five segments: Retailing in Hong Kong, Macau and Overseas; Retailing in Mainland China; Wholesaling in Hong Kong; Wholesaling in Mainland China; and Licensing. The company generates maximum revenue from Retailing in Hong Kong, Macau and Overseas segments.

Luk Fook Holdings (International) (HKSE:00590) Headlines

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