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Billion Industrial Holdings (HKSE:02299) Cyclically Adjusted Price-to-FCF : 10.47 (As of Mar. 03, 2025)


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What is Billion Industrial Holdings Cyclically Adjusted Price-to-FCF?

As of today (2025-03-03), Billion Industrial Holdings's current share price is HK$4.50. Billion Industrial Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was HK$0.43. Billion Industrial Holdings's Cyclically Adjusted Price-to-FCF for today is 10.47.

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

HKSE:02299' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.81   Med: 11.02   Max: 73.63
Current: 10.52

During the past 13 years, Billion Industrial Holdings's highest Cyclically Adjusted Price-to-FCF was 73.63. The lowest was 7.81. And the median was 11.02.

HKSE:02299's Cyclically Adjusted Price-to-FCF is ranked better than
68.79% of 314 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 18.285 vs HKSE:02299: 10.52

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.

Billion Industrial Holdings's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was HK$-0.580. 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$0.43 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Billion Industrial Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Billion Industrial 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.

Billion Industrial Holdings Cyclically Adjusted Price-to-FCF Chart

Billion Industrial 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 55.55 44.28 12.39 8.73 10.47

Billion Industrial 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 - 8.73 - 10.47 -

Competitive Comparison of Billion Industrial Holdings's Cyclically Adjusted Price-to-FCF

For the Textile Manufacturing subindustry, Billion Industrial 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.


Billion Industrial Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Billion Industrial Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Billion Industrial 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.

Billion Industrial Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4.50/0.43
=10.47

* 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.

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

For example, Billion Industrial 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)
=-0.58/114.7809*114.7809
=-0.580

Current CPI (Dec23) = 114.7809.

Billion Industrial Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.118 99.000 0.137
201512 -0.035 100.600 -0.040
201612 0.765 102.600 0.856
201712 -0.141 104.500 -0.155
201812 -0.338 106.500 -0.364
201912 1.552 111.200 1.602
202012 -0.197 111.500 -0.203
202112 2.882 113.108 2.925
202212 0.102 115.116 0.102
202312 -0.580 114.781 -0.580

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.


Billion Industrial Holdings  (HKSE:02299) 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.


Billion Industrial Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Billion Industrial Holdings Business Description

Traded in Other Exchanges
N/A
Address
Fenglin Industrial Zone, Longhu Town, Fujian, Jinjiang City, CHN
Billion Industrial Holdings Ltd is an investment holding. The company develops, manufactures, and sells polyester filament yarns and polyester thin films, polyester products, polyester industrial yarns products and ES fiber products in the People's Republic of China. Its polyester filament yarns include drawn textured, fully drawn, and partially oriented yarns for use in the production of fabrics and textiles for various consumer products, including apparel, footwear, and home furnishings.
Executives
Zhong Guo Jie Neng Huan Bao Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Chong Qing Zhong Jie Neng Shi Ye You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Xiang Gang Rong An Tou Zi You Xian Gong Si 2101 Beneficial owner
Zhong Jie Neng Jie Neng Ke Ji You Xian Gong Si 2201 Interest of corporation controlled by you
Huang Shaorong 2201 Interest of corporation controlled by you
Ever Luxuriant Global Trading Limited 2101 Beneficial owner
Haibin International Investments Limited 2101 Beneficial owner
Kingom Power Limited 2401 A concert party to an agreement to buy shares
Sze Tin Yau 2401 A concert party to an agreement to buy shares
Lin Haibin 2306 Nominee for another person
Winwett Investments Limited 2101 Beneficial owner
Wu Jinbiao 2201 Interest of corporation controlled by you

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