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Thelloy Development Group (HKSE:01546) Cyclically Adjusted Price-to-FCF : 3.10 (As of Jun. 20, 2024)


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What is Thelloy Development Group Cyclically Adjusted Price-to-FCF?

As of today (2024-06-20), Thelloy Development Group's current share price is HK$0.093. Thelloy Development Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 was HK$0.03. Thelloy Development Group's Cyclically Adjusted Price-to-FCF for today is 3.10.

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

HKSE:01546' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2   Med: 4.04   Max: 6.33
Current: 3.1

During the past 10 years, Thelloy Development Group's highest Cyclically Adjusted Price-to-FCF was 6.33. The lowest was 2.00. And the median was 4.04.

HKSE:01546's Cyclically Adjusted Price-to-FCF is ranked better than
93.03% of 588 companies
in the Construction industry
Industry Median: 17.445 vs HKSE:01546: 3.10

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.

Thelloy Development Group's adjusted free cash flow per share data of for the fiscal year that ended in Mar23 was HK$-0.032. 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 Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thelloy Development Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Thelloy Development Group'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.

Thelloy Development Group Cyclically Adjusted Price-to-FCF Chart

Thelloy Development Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 4.93

Thelloy Development Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - - - 4.93 -

Competitive Comparison of Thelloy Development Group's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, Thelloy Development Group'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.


Thelloy Development Group's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Thelloy Development Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Thelloy Development Group 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.

Thelloy Development Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.093/0.03
=3.10

* 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.

Thelloy Development Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Thelloy Development Group'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)
=-0.032/115.4269*115.4269
=-0.032

Current CPI (Mar23) = 115.4269.

Thelloy Development Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.023 95.749 0.028
201503 0.045 99.927 0.052
201603 -0.070 102.785 -0.079
201703 0.060 103.335 0.067
201803 0.218 105.973 0.237
201903 0.049 108.172 0.052
202003 -0.117 110.920 -0.122
202103 0.102 111.579 0.106
202203 -0.009 113.558 -0.009
202303 -0.032 115.427 -0.032

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.


Thelloy Development Group  (HKSE:01546) 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.


Thelloy Development Group Cyclically Adjusted Price-to-FCF Related Terms

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


Thelloy Development Group (HKSE:01546) Business Description

Traded in Other Exchanges
N/A
Address
79 Wing Hong Street, 19/F, The Globe, Lai Chi Kok, Kowloon, Hong Kong, HKG
Thelloy Development Group Ltd along with its subsidiaries provides building construction services and repair, maintenance, alteration, and additional work services in Hong Kong. The company earns key revenue from building construction operations. Geographically the company caters its services only to the Hong Kong market. The company's services are majorly used by government, quasi-government organizations, institutions, schools, and private residential properties.
Executives
Cheers Mate Holding Limited 2101 Beneficial owner
Cheng Pui Wah Theresa 2202 Interest of your spouse
Lam Kin Wing Eddie 2201 Interest of corporation controlled by you

Thelloy Development Group (HKSE:01546) Headlines

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