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LET Group Holdings (HKSE:01383) Cyclically Adjusted Price-to-FCF : 1.43 (As of May. 27, 2024)


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What is LET Group Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-05-27), LET Group Holdings's current share price is HK$0.043. LET Group Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 was HK$0.03. LET Group Holdings's Cyclically Adjusted Price-to-FCF for today is 1.43.

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

HKSE:01383' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.35   Med: 4   Max: 7.5
Current: 1.35

During the past 13 years, LET Group Holdings's highest Cyclically Adjusted Price-to-FCF was 7.50. The lowest was 1.35. And the median was 4.00.

HKSE:01383's Cyclically Adjusted Price-to-FCF is not ranked
in the Travel & Leisure industry.
Industry Median: 21.9 vs HKSE:01383: 1.35

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.

LET Group Holdings's adjusted free cash flow per share data of for the fiscal year that ended in Dec22 was HK$-0.079. 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 Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


LET Group Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for LET Group 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.

LET Group Holdings Cyclically Adjusted Price-to-FCF Chart

LET Group Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 3.40

LET Group Holdings Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - - - 3.40 -

Competitive Comparison of LET Group Holdings's Cyclically Adjusted Price-to-FCF

For the Resorts & Casinos subindustry, LET Group 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.


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

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

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



LET Group 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.

LET Group Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.043/0.03
=1.43

* 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.

LET Group Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec22 is calculated as:

For example, LET Group Holdings's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec22 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=-0.079/114.5475*114.5475
=-0.079

Current CPI (Dec22) = 114.5475.

LET Group Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 -0.118 95.090 -0.142
201412 -0.233 99.707 -0.268
201512 0.693 102.015 0.778
201612 0.388 103.225 0.431
201712 0.040 104.984 0.044
201812 -0.003 107.622 -0.003
201912 -0.030 110.700 -0.031
202012 -0.277 109.711 -0.289
202112 -0.120 112.349 -0.122
202212 -0.079 114.548 -0.079

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.


LET Group Holdings  (HKSE:01383) 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.


LET Group Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


LET Group Holdings (HKSE:01383) Business Description

Traded in Other Exchanges
N/A
Address
168–200 Connaught Road, Unit 1705, 17th Floor, West Tower, Shun Tak Centre, Central, Hong Kong, HKG
LET Group Holdings Ltd develops and operates integrated resorts across Asia, including the Russian Federation, the Philippines, Japan, Hong Kong, The PRC and Vietnam. The group also operates in the mall operation segment.
Executives
Lo Kai Bong 2101 Beneficial owner
Major Success Group Limited 2101 Beneficial owner
Allied Group Limited 2201 Interest of corporation controlled by you
Lee Seng Hui 2103 Interests held jointly with another person
First Asian Holdings Limited 2103 Interests held jointly with another person
Sun Hung Kai & Co. Limited 2201 Interest of corporation controlled by you
United Asia Finance Limited 2201 Interest of corporation controlled by you
Wooco Secretarial Services Limited 2104 Agent
Lee Seng Huang 2201 Interest of corporation controlled by you
Lee Su Hwei 2201 Interest of corporation controlled by you
Lee Shu Yin 2103 Interests held jointly with another person
Apac Resources Limited 2201 Interest of corporation controlled by you
Champion Trade Group Limited 2101 Beneficial owner

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