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Wai Kee Holdings (HKSE:00610) Cyclically Adjusted Price-to-FCF : 3.95 (As of Jun. 23, 2024)


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What is Wai Kee Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-06-23), Wai Kee Holdings's current share price is HK$0.75. Wai Kee Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was HK$0.19. Wai Kee Holdings's Cyclically Adjusted Price-to-FCF for today is 3.95.

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

HKSE:00610' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.94   Med: 32.77   Max: 475
Current: 3.94

During the past 13 years, Wai Kee Holdings's highest Cyclically Adjusted Price-to-FCF was 475.00. The lowest was 3.94. And the median was 32.77.

HKSE:00610's Cyclically Adjusted Price-to-FCF is ranked better than
90.31% of 588 companies
in the Construction industry
Industry Median: 17.455 vs HKSE:00610: 3.94

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.

Wai Kee Holdings's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was HK$0.311. 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$0.19 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wai Kee Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Wai Kee 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.

* Premium members only.

Wai Kee Holdings Cyclically Adjusted Price-to-FCF Chart

Wai Kee Holdings 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 34.73 29.96 106.29 11.23 4.83

Wai Kee Holdings 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 106.29 - 11.23 - 4.83

Competitive Comparison of Wai Kee Holdings's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, Wai Kee 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.


Wai Kee Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Wai Kee Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Wai Kee 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.

Wai Kee Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.75/0.19
=3.95

* 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.

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

For example, Wai Kee 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)
=0.311/117.2957*117.2957
=0.311

Current CPI (Dec23) = 117.2957.

Wai Kee Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.188 99.707 0.221
201512 0.295 102.015 0.339
201612 -0.290 103.225 -0.330
201712 0.351 104.984 0.392
201812 0.763 107.622 0.832
201912 0.449 110.700 0.476
202012 -0.421 109.711 -0.450
202112 -1.076 112.349 -1.123
202212 1.209 114.548 1.238
202312 0.311 117.296 0.311

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.


Wai Kee Holdings  (HKSE:00610) 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.


Wai Kee Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Wai Kee Holdings (HKSE:00610) Business Description

Industry
Traded in Other Exchanges
N/A
Address
98 Granville Road, Unit 1103, 11th Floor, East Ocean Centre, Tsimshatsui, Kowloon, HKG
Wai Kee Holdings Ltd is engaged in construction and material businesses. It operates through four business segments. The Construction, sewage treatment and steam fuel segment, which is the key revenue generating segment, is engaged in the construction of civil engineering and building projects and operation of sewage treatment plant and steam fuel plant. Construction Materials segment is engaged in the production and sales of concrete and asphalt. Quarrying segment is engaged in the production and sales of quarry products. Property development and investment, toll road, investment and asset management segment is engaged in the strategic investment in Road King, an associate of the Group. Its prime geographical areas of operation includes Hong Kong and China.
Executives
Zen Wei Pao, William 2101 Beneficial owner
Zen Wei Peu 2402 A person making a loan or providing security
Cheng Yu Tung Family (holdings Ii) Limited 2201 Interest of corporation controlled by you
Cheng Yu Tung Family (holdings) Limited 2201 Interest of corporation controlled by you
Chow Tai Fook (holding) Limited 2201 Interest of corporation controlled by you
Chow Tai Fook Capital Limited 2201 Interest of corporation controlled by you
Chow Tai Fook Enterprises Limited 2201 Interest of corporation controlled by you
Century Acquisition Limited 2201 Interest of corporation controlled by you
Nws Holdings Limited 2201 Interest of corporation controlled by you
New World Development Company Limited 2201 Interest of corporation controlled by you

Wai Kee Holdings (HKSE:00610) Headlines

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