GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Chinney Kin Wing Holdings Ltd (HKSE:01556) » Definitions » Cyclically Adjusted Price-to-FCF

Chinney Kin Wing Holdings (HKSE:01556) Cyclically Adjusted Price-to-FCF : 3.79 (As of Dec. 12, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Chinney Kin Wing Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-12-12), Chinney Kin Wing Holdings's current share price is HK$0.265. Chinney Kin Wing Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was HK$0.07. Chinney Kin Wing Holdings's Cyclically Adjusted Price-to-FCF for today is 3.79.

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

HKSE:01556' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.89   Med: 3.64   Max: 4.14
Current: 3.88

During the past 10 years, Chinney Kin Wing Holdings's highest Cyclically Adjusted Price-to-FCF was 4.14. The lowest was 2.89. And the median was 3.64.

HKSE:01556's Cyclically Adjusted Price-to-FCF is ranked better than
90.36% of 550 companies
in the Construction industry
Industry Median: 17.825 vs HKSE:01556: 3.88

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.

Chinney Kin Wing Holdings's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was HK$0.095. 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$0.07 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chinney Kin Wing Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Chinney Kin Wing 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.

Chinney Kin Wing Holdings Cyclically Adjusted Price-to-FCF Chart

Chinney Kin Wing 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 - - - - 3.01

Chinney Kin Wing Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - - - 3.01 -

Competitive Comparison of Chinney Kin Wing Holdings's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, Chinney Kin Wing 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.


Chinney Kin Wing Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Chinney Kin Wing Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Chinney Kin Wing Holdings's Cyclically Adjusted Price-to-FCF falls into.



Chinney Kin Wing 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.

Chinney Kin Wing Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.265/0.07
=3.79

* 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.

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

For example, Chinney Kin Wing 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)
=0.095/117.2957*117.2957
=0.095

Current CPI (Dec23) = 117.2957.

Chinney Kin Wing Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.110 99.707 0.129
201512 0.143 102.015 0.164
201612 0.031 103.225 0.035
201712 0.022 104.984 0.025
201812 -0.038 107.622 -0.041
201912 -0.067 110.700 -0.071
202012 0.039 109.711 0.042
202112 0.088 112.349 0.092
202212 0.196 114.548 0.201
202312 0.095 117.296 0.095

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.


Chinney Kin Wing Holdings  (HKSE:01556) 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.


Chinney Kin Wing Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Chinney Kin Wing Holdings Business Description

Traded in Other Exchanges
N/A
Address
111 Connaught Road Central, Room 2308, 23rd Floor, Wing On centre, Hong Kong, HKG
Chinney Kin Wing Holdings Ltd is an investment holding company. The company's operating segment includes Foundation construction and ancillary services and Drilling and site investigation. It generates maximum revenue from the Foundation construction and ancillary services segment. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in Singapore.

Chinney Kin Wing Holdings Headlines

No Headlines