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Hatcher Group (HKSE:08365) Cyclically Adjusted Price-to-FCF : (As of Jun. 21, 2024)


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What is Hatcher Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hatcher Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hatcher Group'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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Hatcher Group Cyclically Adjusted Price-to-FCF Chart

Hatcher Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Price-to-FCF
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Hatcher Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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Competitive Comparison of Hatcher Group's Cyclically Adjusted Price-to-FCF

For the Capital Markets subindustry, Hatcher Group'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.


Hatcher Group's Cyclically Adjusted Price-to-FCF Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Hatcher Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Hatcher Group's Cyclically Adjusted Price-to-FCF falls into.



Hatcher Group 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.

Hatcher Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Sep23 is calculated as:

For example, Hatcher Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Sep23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=-0.079/116.0865*116.0865
=-0.079

Current CPI (Sep23) = 116.0865.

Hatcher Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 -0.140 97.948 -0.166
201509 -2.073 99.927 -2.408
201609 0.503 102.565 0.569
201709 -0.415 103.994 -0.463
201809 1.804 106.852 1.960
201909 -0.642 110.260 -0.676
202009 -0.066 107.512 -0.071
202109 0.049 109.051 0.052
202209 -0.199 113.778 -0.203
202309 -0.079 116.087 -0.079

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.


Hatcher Group  (HKSE:08365) 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.


Hatcher Group Cyclically Adjusted Price-to-FCF Related Terms

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Hatcher Group (HKSE:08365) Business Description

Traded in Other Exchanges
N/A
Address
181 Queen’s Road Central, 21/F, Low Block, Grand Millennium Plaza, Hong Kong, HKG
Hatcher Group Ltd is a financial services provider. It has two operating segments; Licensed business; Provision of asset management services, corporate finance, advisory services, placing and, underwriting services, securities brokerage and margin financing, and Non-licensed business; Provision of accounting and taxation services, business consulting services, corporate secretarial services, ESG advisory services, human resources services, and risk management and internal control advisory services. majority of its revenue comes from non-licensed businesses.
Executives
Tanner Enterprises Group Limited
Li Man Keung Edwin
Gan Fanglun 2101 Beneficial owner
Jayden Wealth Limited 2101 Beneficial owner
Wan Ho Yan Letty 2201 Interest of corporation controlled by you
Li Chun Fung

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