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Apex Ace Holding (HKSE:06036) Cyclically Adjusted Price-to-FCF : (As of Dec. 14, 2024)


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What is Apex Ace Holding Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Apex Ace Holding Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Apex Ace Holding'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.

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Apex Ace Holding Cyclically Adjusted Price-to-FCF Chart

Apex Ace Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Apex Ace Holding Semi-Annual Data
Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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Competitive Comparison of Apex Ace Holding's Cyclically Adjusted Price-to-FCF

For the Electronics & Computer Distribution subindustry, Apex Ace Holding'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.


Apex Ace Holding's Cyclically Adjusted Price-to-FCF Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Apex Ace Holding's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Apex Ace Holding's Cyclically Adjusted Price-to-FCF falls into.



Apex Ace Holding 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.

Apex Ace Holding's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Apex Ace Holding'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)
=-0.265/114.7809*114.7809
=-0.265

Current CPI (Dec23) = 114.7809.

Apex Ace Holding Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.032 99.000 0.037
201512 -0.065 100.600 -0.074
201612 -0.121 102.600 -0.135
201712 -0.195 104.500 -0.214
201812 0.135 106.500 0.145
201912 0.106 111.200 0.109
202012 -0.238 111.500 -0.245
202112 0.002 113.108 0.002
202212 0.025 115.116 0.025
202312 -0.265 114.781 -0.265

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.


Apex Ace Holding  (HKSE:06036) 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.


Apex Ace Holding Cyclically Adjusted Price-to-FCF Related Terms

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Apex Ace Holding Business Description

Industry
Traded in Other Exchanges
N/A
Address
6011 Shennan Avenue, 26K, NEO Tower A, Futian District, Shenzhen, CHN
Apex Ace Holding Ltd is a distributor of semiconductors and other electronic components and is engaged in the supply of digital storage products and general electronic components along with the provision of complementary technical support. It focuses on identifying, sourcing, selling and distributing electronic components produced by upstream manufacturers to downstream manufacturers in the Mainland China and Hong Kong. Its Digital Storage products include DRAM, FLASH and MCP memory products, which are applied to multimedia and mobile devices such as set-top boxes, smart TVs, wearable devices, mobile phones. Its General components include switches, connectors, passive components, main chips, sensors, power semiconductors and analog-to-digital converters.
Executives
Best Sheen Limited 2101 Beneficial owner
Nicegoal Limited 2101 Beneficial owner
Lee Bing Kwong 2201 Interest of corporation controlled by you
Lo Yuen Lai 2202 Interest of your spouse

Apex Ace Holding Headlines

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