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Hwa Fong Rubber (Thailand) PCL (Hwa Fong Rubber (Thailand) PCL) Cyclically Adjusted Price-to-FCF : 12.00 (As of Jun. 13, 2024)


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What is Hwa Fong Rubber (Thailand) PCL Cyclically Adjusted Price-to-FCF?

As of today (2024-06-13), Hwa Fong Rubber (Thailand) PCL's current share price is $0.24. Hwa Fong Rubber (Thailand) PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.02. Hwa Fong Rubber (Thailand) PCL's Cyclically Adjusted Price-to-FCF for today is 12.00.

The historical rank and industry rank for Hwa Fong Rubber (Thailand) PCL's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

HWAFF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.16   Med: 12.94   Max: 35
Current: 12.39

During the past years, Hwa Fong Rubber (Thailand) PCL's highest Cyclically Adjusted Price-to-FCF was 35.00. The lowest was 4.16. And the median was 12.94.

HWAFF's Cyclically Adjusted Price-to-FCF is ranked better than
70.04% of 494 companies
in the Vehicles & Parts industry
Industry Median: 21 vs HWAFF: 12.39

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.

Hwa Fong Rubber (Thailand) PCL's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.005. 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 $0.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hwa Fong Rubber (Thailand) PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hwa Fong Rubber (Thailand) PCL'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.

Hwa Fong Rubber (Thailand) PCL Cyclically Adjusted Price-to-FCF Chart

Hwa Fong Rubber (Thailand) PCL 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 12.64 18.04 33.13 20.28 12.70

Hwa Fong Rubber (Thailand) PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 15.85 12.86 12.67 12.70 11.00

Competitive Comparison of Hwa Fong Rubber (Thailand) PCL's Cyclically Adjusted Price-to-FCF

For the Auto Parts subindustry, Hwa Fong Rubber (Thailand) PCL'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.


Hwa Fong Rubber (Thailand) PCL's Cyclically Adjusted Price-to-FCF Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hwa Fong Rubber (Thailand) PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Hwa Fong Rubber (Thailand) PCL's Cyclically Adjusted Price-to-FCF falls into.



Hwa Fong Rubber (Thailand) PCL 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.

Hwa Fong Rubber (Thailand) PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.24/0.02
=12.00

* 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.

Hwa Fong Rubber (Thailand) PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hwa Fong Rubber (Thailand) PCL's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.005/131.7762*131.7762
=0.005

Current CPI (Mar. 2024) = 131.7762.

Hwa Fong Rubber (Thailand) PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.004 100.560 -0.005
201409 0.004 100.428 0.005
201412 0.001 99.070 0.001
201503 0.005 99.621 0.007
201506 0.005 100.684 0.007
201509 0.006 100.392 0.008
201512 0.005 99.792 0.007
201603 0.001 100.470 0.001
201606 0.003 101.688 0.004
201609 0.004 101.861 0.005
201612 0.007 101.863 0.009
201703 -0.004 102.862 -0.005
201706 0.000 103.349 0.000
201709 -0.005 104.136 -0.006
201712 -0.001 104.011 -0.001
201803 -0.004 105.290 -0.005
201806 -0.010 106.317 -0.012
201809 0.004 106.507 0.005
201812 0.001 105.998 0.001
201903 0.003 107.251 0.004
201906 0.006 108.070 0.007
201909 0.001 108.329 0.001
201912 0.003 108.420 0.004
202003 0.002 108.902 0.002
202006 0.003 108.767 0.004
202009 -0.001 109.815 -0.001
202012 0.011 109.897 0.013
202103 0.001 111.754 0.001
202106 0.000 114.631 0.000
202109 -0.011 115.734 -0.013
202112 0.008 117.630 0.009
202203 -0.001 121.301 -0.001
202206 0.003 125.017 0.003
202209 0.012 125.227 0.013
202212 0.015 125.222 0.016
202303 0.004 127.348 0.004
202306 0.004 128.729 0.004
202309 0.002 129.860 0.002
202312 0.007 129.419 0.007
202403 0.005 131.776 0.005

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.


Hwa Fong Rubber (Thailand) PCL  (OTCPK:HWAFF) 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.


Hwa Fong Rubber (Thailand) PCL Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Hwa Fong Rubber (Thailand) PCL's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Hwa Fong Rubber (Thailand) PCL (Hwa Fong Rubber (Thailand) PCL) Business Description

Traded in Other Exchanges
Address
No. 317 Moo 4, Soi 6C, Bangpoo Industrial Estate, Praksa, Muang Samut Prakan, Samut Prakarn, THA, 10280
Hwa Fong Rubber (Thailand) PCL is engaged in the manufacturing and distribution of tires and tubes for bicycles, motorcycles and small logistics vehicles such as trolley forklift, golf cart, and hiking cart. The company operates in two segments: Sale of goods and Investment. Geographically the business is spread across Asia, Europe, America, and others.

Hwa Fong Rubber (Thailand) PCL (Hwa Fong Rubber (Thailand) PCL) Headlines

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