GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Langham Hospitality Investments and Langham Hospitality Investments Ltd (HKSE:01270) » Definitions » Cyclically Adjusted Price-to-FCF

Langham Hospitality Investments and Langham Hospitality Investments (HKSE:01270) Cyclically Adjusted Price-to-FCF : 3.11 (As of Jun. 13, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Langham Hospitality Investments and Langham Hospitality Investments Cyclically Adjusted Price-to-FCF?

As of today (2024-06-13), Langham Hospitality Investments and Langham Hospitality Investments's current share price is HK$0.56. Langham Hospitality Investments and Langham Hospitality Investments's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was HK$0.18. Langham Hospitality Investments and Langham Hospitality Investments's Cyclically Adjusted Price-to-FCF for today is 3.11.

The historical rank and industry rank for Langham Hospitality Investments and Langham Hospitality Investments's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

HKSE:01270' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.11   Med: 4.65   Max: 6.61
Current: 3.14

During the past 12 years, Langham Hospitality Investments and Langham Hospitality Investments's highest Cyclically Adjusted Price-to-FCF was 6.61. The lowest was 3.11. And the median was 4.65.

HKSE:01270's Cyclically Adjusted Price-to-FCF is ranked better than
93.41% of 349 companies
in the Travel & Leisure industry
Industry Median: 22.03 vs HKSE:01270: 3.14

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.

Langham Hospitality Investments and Langham Hospitality Investments's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was HK$0.087. 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$0.18 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Langham Hospitality Investments and Langham Hospitality Investments Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Langham Hospitality Investments and Langham Hospitality Investments'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.

Langham Hospitality Investments and Langham Hospitality Investments Cyclically Adjusted Price-to-FCF Chart

Langham Hospitality Investments and Langham Hospitality Investments 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 - - 4.28 6.07 3.75

Langham Hospitality Investments and Langham Hospitality Investments 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 4.28 - 6.07 - 3.75

Competitive Comparison of Langham Hospitality Investments and Langham Hospitality Investments's Cyclically Adjusted Price-to-FCF

For the Lodging subindustry, Langham Hospitality Investments and Langham Hospitality Investments'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.


Langham Hospitality Investments and Langham Hospitality Investments's Cyclically Adjusted Price-to-FCF Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Langham Hospitality Investments and Langham Hospitality Investments's Cyclically Adjusted Price-to-FCF falls into.



Langham Hospitality Investments and Langham Hospitality Investments 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.

Langham Hospitality Investments and Langham Hospitality Investments's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.56/0.18
=3.11

* 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.

Langham Hospitality Investments and Langham Hospitality Investments's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Langham Hospitality Investments and Langham Hospitality Investments'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)
=0.087/117.2957*117.2957
=0.087

Current CPI (Dec23) = 117.2957.

Langham Hospitality Investments and Langham Hospitality Investments Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.320 99.707 0.376
201512 0.215 102.015 0.247
201612 0.267 103.225 0.303
201712 0.222 104.984 0.248
201812 0.228 107.622 0.248
201912 0.162 110.700 0.172
202012 0.005 109.711 0.005
202112 0.028 112.349 0.029
202212 0.066 114.548 0.068
202312 0.087 117.296 0.087

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.


Langham Hospitality Investments and Langham Hospitality Investments  (HKSE:01270) 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.


Langham Hospitality Investments and Langham Hospitality Investments Cyclically Adjusted Price-to-FCF Related Terms

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


Langham Hospitality Investments and Langham Hospitality Investments (HKSE:01270) Business Description

Traded in Other Exchanges
N/A
Address
23 Harbour Road, Great Eagle Centre, Suite 2702, 27th Floor, Wanchai, Hong Kong, HKG
Langham Hospitality Investments and Langham Hospitality Investments Ltd is a holdings company involved in the lodging industry. The company operates through three business segments, Langham, Cordis, and Eaton. Langham invests in a portfolio of hotels with a focus on the Asian market. The business segments, Langham, Cordis, and Eaton are individual hotels based in Hong Kong. Langham is involved with the food, meeting, and conference space offerings at each of these hotels. The company generates all of its revenue in Hong Kong.
Executives
Great Eagle Holdings Limited 2201 Interest of corporation controlled by you
Lo Ka Shui 2201 Interest of corporation controlled by you
Hsbc International Trustee Limited 2301 Trustee

Langham Hospitality Investments and Langham Hospitality Investments (HKSE:01270) Headlines

No Headlines