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Kai Yuan Holdings (HKSE:01215) Cyclically Adjusted Price-to-FCF : (As of Jun. 21, 2024)


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What is Kai Yuan Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Kai Yuan Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kai Yuan 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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Kai Yuan Holdings Cyclically Adjusted Price-to-FCF Chart

Kai Yuan 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 245.35 20.89 9.10 8.40 8.83

Kai Yuan 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 9.10 - 8.40 - 8.83

Competitive Comparison of Kai Yuan Holdings's Cyclically Adjusted Price-to-FCF

For the Lodging subindustry, Kai Yuan 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.


Kai Yuan Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

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

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



Kai Yuan 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.

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

For example, Kai Yuan 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)
=0.007/117.2957*117.2957
=0.007

Current CPI (Dec23) = 117.2957.

Kai Yuan Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -0.010 99.707 -0.012
201512 0.007 102.015 0.008
201612 -0.002 103.225 -0.002
201712 0.011 104.984 0.012
201812 -0.010 107.622 -0.011
201912 0.019 110.700 0.020
202012 -0.001 109.711 -0.001
202112 0.002 112.349 0.002
202212 -0.002 114.548 -0.002
202312 0.007 117.296 0.007

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.


Kai Yuan Holdings  (HKSE:01215) 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.


Kai Yuan Holdings Cyclically Adjusted Price-to-FCF Related Terms

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Kai Yuan Holdings (HKSE:01215) Business Description

Traded in Other Exchanges
N/A
Address
178 Gloucester Road, 28th Floor, Chinachem Century Tower, Wanchai, Hong Kong, HKG
Kai Yuan Holdings Ltd is an investment holding company. The company is organized into two segments - the Hotel Operation segment engaged in the operation of hotel businesses in Hong Kong and France, and the Money-Lending segment engaged in providing mortgage loans in Hong Kong. It generates maximum revenue from the hotel operation segment.

Kai Yuan Holdings (HKSE:01215) Headlines

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