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Carnival Group International Holdings (HKSE:00996) Cyclically Adjusted Price-to-FCF : (As of Jun. 09, 2024)


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What is Carnival Group International Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Carnival Group International Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Carnival Group International 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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Carnival Group International Holdings Cyclically Adjusted Price-to-FCF Chart

Carnival Group International Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted Price-to-FCF
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Carnival Group International Holdings Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
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Competitive Comparison of Carnival Group International Holdings's Cyclically Adjusted Price-to-FCF

For the Real Estate - Development subindustry, Carnival Group International 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.


Carnival Group International Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Carnival Group International Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Carnival Group International 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.

Carnival Group International Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec20 is calculated as:

For example, Carnival Group International Holdings's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec20 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec20 (Change)*Current CPI (Dec20)
=0.011/109.7105*109.7105
=0.011

Current CPI (Dec20) = 109.7105.

Carnival Group International Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201112 -3.804 87.944 -4.745
201212 -4.954 91.132 -5.964
201312 -6.505 95.090 -7.505
201412 -2.621 99.707 -2.884
201512 -1.688 102.015 -1.815
201612 -4.074 103.225 -4.330
201712 -0.147 104.984 -0.154
201812 -0.029 107.622 -0.030
201912 -0.070 110.700 -0.069
202012 0.011 109.711 0.011

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.


Carnival Group International Holdings  (HKSE:00996) 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.


Carnival Group International Holdings Cyclically Adjusted Price-to-FCF Related Terms

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Carnival Group International Holdings (HKSE:00996) Business Description

Traded in Other Exchanges
N/A
Address
61-65 Des Voeux Road, Suites 1106-08, 11th Floor, The Chinese Bank Building, Hong Kong, HKG
Carnival Group International Holdings Ltd is an investment holding company. It operates through four segments namely Property development and investment segment, which is the key revenue driver, includes developing residential and commercial properties in the PRC and Hong Kong for sales and leasing; Trading and investment business includes investing in securities and financial instruments; Hotel operations including hotel accommodation, food and banquet operations; Others providing retail-related consultancy, management services, operating kids edutainment center, touring carnival and operating restaurants in Hong Kong.
Executives
Great Sharp International Limited 2106 Person having a security interest in shares
Qian Tiwei 2201 Interest of corporation controlled by you
Fresh Idea Ventures Limited 2106 Person having a security interest in shares
Huarong International Financial Holdings Limited 2201 Interest of corporation controlled by you
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Chu Yuet Wah
Ample Cheer Limited 2201 Interest of corporation controlled by you
Kingston Finance Limited 2101 Beneficial owner
Better Joint Venture Limited
King Pak Fu
Elite Mile Investments Limited

Carnival Group International Holdings (HKSE:00996) Headlines

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