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HKT Trust and HKT (HKT Trust and HKT) Cyclically Adjusted Price-to-FCF : 11.37 (As of May. 20, 2024)


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What is HKT Trust and HKT Cyclically Adjusted Price-to-FCF?

As of today (2024-05-20), HKT Trust and HKT's current share price is $11.60. HKT Trust and HKT's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was $1.02. HKT Trust and HKT's Cyclically Adjusted Price-to-FCF for today is 11.37.

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

HKTTY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.8   Med: 14.28   Max: 16.44
Current: 11.53

During the past 13 years, HKT Trust and HKT's highest Cyclically Adjusted Price-to-FCF was 16.44. The lowest was 10.80. And the median was 14.28.

HKTTY's Cyclically Adjusted Price-to-FCF is ranked better than
57.98% of 188 companies
in the Telecommunication Services industry
Industry Median: 13.09 vs HKTTY: 11.53

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.

HKT Trust and HKT's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was $1.052. 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 $1.02 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


HKT Trust and HKT Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for HKT Trust and HKT'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.

HKT Trust and HKT Cyclically Adjusted Price-to-FCF Chart

HKT Trust and HKT 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 14.25 13.76 14.53 12.83 11.81

HKT Trust and HKT Semi-Annual Data
Jun14 Dec14 Jun15 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 Premium Member Only 14.53 - 12.83 - 11.81

Competitive Comparison of HKT Trust and HKT's Cyclically Adjusted Price-to-FCF

For the Telecom Services subindustry, HKT Trust and HKT'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.


HKT Trust and HKT's Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, HKT Trust and HKT's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where HKT Trust and HKT's Cyclically Adjusted Price-to-FCF falls into.



HKT Trust and HKT 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.

HKT Trust and HKT's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=11.60/1.02
=11.37

* 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.

HKT Trust and HKT's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, HKT Trust and HKT'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)
=1.052/117.2957*117.2957
=1.052

Current CPI (Dec23) = 117.2957.

HKT Trust and HKT Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.698 99.707 0.821
201512 0.779 102.015 0.896
201612 0.881 103.225 1.001
201712 1.084 104.984 1.211
201812 1.011 107.622 1.102
201912 1.008 110.700 1.068
202012 0.983 109.711 1.051
202112 0.910 112.349 0.950
202212 0.965 114.548 0.988
202312 1.052 117.296 1.052

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.


HKT Trust and HKT  (OTCPK:HKTTY) 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.


HKT Trust and HKT Cyclically Adjusted Price-to-FCF Related Terms

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


HKT Trust and HKT (HKT Trust and HKT) Business Description

Traded in Other Exchanges
Address
979 King’s Road, Quarry Bay, 39th Floor, PCCW Tower, Taikoo Place, Hong Kong, HKG
HKT Trust and HKT Ltd is a triple-play telecommunications provider that operates through three segments, telecommunications services, mobile, and Other businesses. Telecommunication services are the larger business segment and generates revenue by providing voice services, broadband services, local and international data services, and the sales of equipment. The company's mobile segment generates revenue by selling mobile services and handsets. The Other Businesses segment primarily comprises new business areas such as Tap & Go mobile payment service and The Club program, and corporate support functions. The company owns fiber and mobile infrastructure. HKT Trust generate the vast majority of its revenue in Hong Kong.