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China-Hongkong Photo Products Holdings (HKSE:01123) Cyclically Adjusted Price-to-FCF : 3.83 (As of Jul. 19, 2025)


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What is China-Hongkong Photo Products Holdings Cyclically Adjusted Price-to-FCF?

As of today (2025-07-19), China-Hongkong Photo Products Holdings's current share price is HK$0.115. China-Hongkong Photo Products Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar25 was HK$0.03. China-Hongkong Photo Products Holdings's Cyclically Adjusted Price-to-FCF for today is 3.83.

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

HKSE:01123' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.47   Med: 10.5   Max: 15.5
Current: 3.47

During the past 13 years, China-Hongkong Photo Products Holdings's highest Cyclically Adjusted Price-to-FCF was 15.50. The lowest was 3.47. And the median was 10.50.

HKSE:01123's Cyclically Adjusted Price-to-FCF is ranked better than
92.63% of 353 companies
in the Travel & Leisure industry
Industry Median: 21.06 vs HKSE:01123: 3.47

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.

China-Hongkong Photo Products Holdings's adjusted free cash flow per share data of for the fiscal year that ended in Mar25 was HK$0.043. 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$0.03 for the trailing ten years ended in Mar25.

Shiller PE for Stocks: The True Measure of Stock Valuation


China-Hongkong Photo Products Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for China-Hongkong Photo Products 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.

China-Hongkong Photo Products Holdings Cyclically Adjusted Price-to-FCF Chart

China-Hongkong Photo Products Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 20.40 13.80 7.10 3.56

China-Hongkong Photo Products Holdings Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
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 13.80 - 7.10 - 3.56

Competitive Comparison of China-Hongkong Photo Products Holdings's Cyclically Adjusted Price-to-FCF

For the Leisure subindustry, China-Hongkong Photo Products 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.


China-Hongkong Photo Products Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, China-Hongkong Photo Products Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China-Hongkong Photo Products Holdings's Cyclically Adjusted Price-to-FCF falls into.


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China-Hongkong Photo Products 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.

China-Hongkong Photo Products Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.115/0.03
=3.83

* 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.

China-Hongkong Photo Products Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar25 is calculated as:

For example, China-Hongkong Photo Products Holdings's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar25 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar25 (Change)*Current CPI (Mar25)
=0.043/119.3844*119.3844
=0.043

Current CPI (Mar25) = 119.3844.

China-Hongkong Photo Products Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201603 0.000 102.785 0.000
201703 -0.008 103.335 -0.009
201803 -0.017 105.973 -0.019
201903 -0.014 108.172 -0.015
202003 0.043 110.920 0.046
202103 0.110 111.579 0.118
202203 0.006 113.558 0.006
202303 0.053 115.427 0.055
202403 0.058 117.735 0.059
202503 0.043 119.384 0.043

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.


China-Hongkong Photo Products Holdings  (HKSE:01123) 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.


China-Hongkong Photo Products Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


China-Hongkong Photo Products Holdings Business Description

Traded in Other Exchanges
N/A
Address
220-248 Texaco Road, 8th Floor, Tsuen Wan Industrial Centre, Tsuen Wan, Hong Kong, HKG
China-Hongkong Photo Products Holdings Ltd is an investment holding company. The company's operating segment includes Merchandise; Service; Investment and Corporate and 0thers. Its Merchandise segment is engaged in the marketing and distribution of photographic developing, processing and printing products as well as the sale of photographic merchandise, skincare products, consumer electronic products, and household appliances. It generates maximum revenue from the Merchandise segment. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in the People's Republic of China.
Executives
Tricor Equity Trustee Limited 2301 Trustee
Sun Tai Lun
Sun Tao Hsi, Ryan 2305 Beneficiary of a trust

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