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Easyknit International Holdings (HKSE:01218) Cyclically Adjusted Price-to-FCF : (As of Jun. 20, 2024)


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What is Easyknit International Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Easyknit International Holdings Cyclically Adjusted Price-to-FCF Historical Data

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

Easyknit International Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
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Easyknit International Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Competitive Comparison of Easyknit International Holdings's Cyclically Adjusted Price-to-FCF

For the Real Estate - Development subindustry, Easyknit 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.


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

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

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



Easyknit 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.

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

For example, Easyknit International Holdings'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)
=-1.878/115.4269*115.4269
=-1.878

Current CPI (Mar23) = 115.4269.

Easyknit International Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -9.753 95.749 -11.757
201503 0.883 99.927 1.020
201603 7.540 102.785 8.467
201703 -1.528 103.335 -1.707
201803 -0.801 105.973 -0.872
201903 4.760 108.172 5.079
202003 0.052 110.920 0.054
202103 2.832 111.579 2.930
202203 -5.769 113.558 -5.864
202303 -1.878 115.427 -1.878

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.


Easyknit International Holdings  (HKSE:01218) 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.


Easyknit International Holdings Cyclically Adjusted Price-to-FCF Related Terms

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Easyknit International Holdings (HKSE:01218) Business Description

Traded in Other Exchanges
N/A
Address
481-483 Castle Peak Road, Block A, 7th Floor, Hong Kong Spinners Building, Phase 6, Kowloon, Cheung Sha Wan, Hong Kong, HKG
Easyknit International Holdings Ltd is an investment holding company, that engages in the investment, development, and management of properties. The company operates through Property Investment, Property Development, Investment in Securities, and Loan Financing segments. The investment properties of the company include residential, commercial, and industrial properties. The firm's majority revenue comes from the Property Investment segment. Geographically, it derives revenue from Hong Kong.
Executives
Winterbotham Holdings Limited
Hooper Ivan Geoffrey Douglas
Hooper Christopher Geoffrey Douglas
Markson International Holding Limited
Koon Wing Yee 2101 Beneficial owner
Lui Yuk Chu 2202 Interest of your spouse
Sea Rejoice Limited 2101 Beneficial owner
Accumulate More Profits Limited 2201 Interest of corporation controlled by you
Hooper Christopher Geoffrey Douglas 2201 Interest of corporation controlled by you
Magical Profits Limited 2201 Interest of corporation controlled by you
The Winterbotham Trust Company Limited As Trustee Of The Magical 2000 Trust 2201 Interest of corporation controlled by you
Koon Ho Yan Candy

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