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Grand T G Gold Holdings (HKSE:08299) Cyclically Adjusted Price-to-FCF : (As of May. 14, 2024)


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What is Grand T G Gold Holdings Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Grand T G Gold Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Grand T G Gold 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.

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Grand T G Gold Holdings Cyclically Adjusted Price-to-FCF Chart

Grand T G Gold Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Price-to-FCF
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Grand T G Gold Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Grand T G Gold Holdings's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Grand T G Gold 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.


Grand T G Gold Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Grand T G Gold Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Grand T G Gold Holdings's Cyclically Adjusted Price-to-FCF falls into.



Grand T G Gold 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.

Grand T G Gold Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Grand T G Gold Holdings's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0/116.0865*116.0865
=0.000

Current CPI (Sep. 2023) = 116.0865.

Grand T G Gold Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201003 0.000 81.239 0.000
201103 0.000 84.756 0.000
201203 0.000 88.934 0.000
201303 0.000 92.122 0.000
201403 0.000 95.749 0.000
201503 0.000 99.927 0.000
201506 0.000 99.267 0.000
201509 0.000 99.927 0.000
201512 0.000 102.015 0.000
201603 0.000 102.785 0.000
201606 0.000 101.686 0.000
201609 0.000 102.565 0.000
201612 0.000 103.225 0.000
201703 0.000 103.335 0.000
201706 0.000 103.664 0.000
201709 0.000 103.994 0.000
201712 0.000 104.984 0.000
201803 0.000 105.973 0.000
201806 0.000 106.193 0.000
201809 0.000 106.852 0.000
201812 0.000 107.622 0.000
201903 0.000 108.172 0.000
201906 0.000 109.601 0.000
201909 0.000 110.260 0.000
201912 0.000 110.700 0.000
202003 0.000 110.920 0.000
202006 0.000 110.590 0.000
202009 0.000 107.512 0.000
202012 0.000 109.711 0.000
202103 0.000 111.579 0.000
202106 0.000 111.360 0.000
202109 0.000 109.051 0.000
202112 0.000 112.349 0.000
202203 0.000 113.558 0.000
202206 0.000 113.448 0.000
202209 0.000 113.778 0.000
202212 0.000 114.548 0.000
202303 0.000 115.427 0.000
202306 0.000 115.647 0.000
202309 0.000 116.087 0.000

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.


Grand T G Gold Holdings  (HKSE:08299) 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.


Grand T G Gold Holdings Cyclically Adjusted Price-to-FCF Related Terms

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Grand T G Gold Holdings (HKSE:08299) Business Description

Traded in Other Exchanges
N/A
Address
305-313 Queen’s Road Central, Roon A-B, 8th Floor, Centre Mark II, Sheung Wan, Hong Kong, HKG
Grand T G Gold Holdings Ltd is an investment holding company. Its subsidiaries are principally engaged in gold exploration, mining, mineral processing, the sale of gold concentrate, and related products. Its segments are Gold mining and Corporate. The group's operations are located in Hong Kong and other parts of the People's Republic of China whereas the principal markets for the group's products are mainly located in other parts of the People's Republic of China.

Grand T G Gold Holdings (HKSE:08299) Headlines

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