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Clifford Modern Living Holdings (HKSE:03686) Cyclically Adjusted Price-to-FCF : 4.50 (As of Jun. 20, 2024)


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What is Clifford Modern Living Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-06-20), Clifford Modern Living Holdings's current share price is HK$0.45. Clifford Modern Living Holdings's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was HK$0.10. Clifford Modern Living Holdings's Cyclically Adjusted Price-to-FCF for today is 4.50.

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

HKSE:03686' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.25   Med: 5.33   Max: 7.6
Current: 4.49

During the past 11 years, Clifford Modern Living Holdings's highest Cyclically Adjusted Price-to-FCF was 7.60. The lowest was 4.25. And the median was 5.33.

HKSE:03686's Cyclically Adjusted Price-to-FCF is ranked better than
87.7% of 122 companies
in the Retail - Defensive industry
Industry Median: 15.04 vs HKSE:03686: 4.49

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.

Clifford Modern Living Holdings's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was HK$0.125. 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$0.10 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clifford Modern Living Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Clifford Modern Living 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.

Clifford Modern Living Holdings Cyclically Adjusted Price-to-FCF Chart

Clifford Modern Living 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 - - - 5.46 4.73

Clifford Modern Living Holdings Semi-Annual Data
Dec13 Dec14 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 - - 5.46 - 4.73

Competitive Comparison of Clifford Modern Living Holdings's Cyclically Adjusted Price-to-FCF

For the Grocery Stores subindustry, Clifford Modern Living 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.


Clifford Modern Living Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Clifford Modern Living Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Clifford Modern Living Holdings's Cyclically Adjusted Price-to-FCF falls into.



Clifford Modern Living 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.

Clifford Modern Living Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.45/0.1
=4.50

* 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.

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

For example, Clifford Modern Living 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)
=0.125/114.7809*114.7809
=0.125

Current CPI (Dec23) = 114.7809.

Clifford Modern Living Holdings Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.037 99.000 0.043
201512 0.067 100.600 0.076
201612 0.082 102.600 0.092
201712 0.079 104.500 0.087
201812 0.098 106.500 0.106
201912 0.091 111.200 0.094
202012 0.112 111.500 0.115
202112 0.105 113.108 0.107
202212 0.170 115.116 0.170
202312 0.125 114.781 0.125

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.


Clifford Modern Living Holdings  (HKSE:03686) 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.


Clifford Modern Living Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


Clifford Modern Living Holdings (HKSE:03686) Business Description

Traded in Other Exchanges
N/A
Address
8 Shiguang Road, Panyu, Guangdong, Guangzhou, CHN, 511496
Clifford Modern Living Holdings Ltd is an investment holding company. The group is engaged in the provision of services to residents in properties developed under the brand name Clifford, including retail services, catering services, property management services, laundry services, off-campus training services, property agency services, employment placement services, information technology services, renovation and fitting-out services, in the PRC Mainland. It is a diversified service portfolio comprising six main service segments; Property management services, Renovation and fitting-out services, Retail services, Off-campus training services, Information technology services and Ancillary Living Services.
Executives
Man Lai Hung 2101 Beneficial owner
Pang Lun Kee Clifford 2202 Interest of your spouse
Elland Holdings Limited 2101 Beneficial owner

Clifford Modern Living Holdings (HKSE:03686) Headlines

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