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Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) Cyclically Adjusted Price-to-FCF : 46.45 (As of Jun. 09, 2024)


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What is Heavy Engineering Industries and Shipbuilding Co KSC Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Heavy Engineering Industries and Shipbuilding Co KSC's current share price is KWD0.929. Heavy Engineering Industries and Shipbuilding Co KSC's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was KWD0.02. Heavy Engineering Industries and Shipbuilding Co KSC's Cyclically Adjusted Price-to-FCF for today is 46.45.

The historical rank and industry rank for Heavy Engineering Industries and Shipbuilding Co KSC's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

KUW:SHIP' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 39.2   Med: 42.15   Max: 45.5
Current: 44.36

During the past years, Heavy Engineering Industries and Shipbuilding Co KSC's highest Cyclically Adjusted Price-to-FCF was 45.50. The lowest was 39.20. And the median was 42.15.

KUW:SHIP's Cyclically Adjusted Price-to-FCF is ranked worse than
79.52% of 581 companies
in the Construction industry
Industry Median: 17.76 vs KUW:SHIP: 44.36

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.

Heavy Engineering Industries and Shipbuilding Co KSC's adjusted free cash flow per share data for the three months ended in Mar. 2024 was KWD-0.019. 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 KWD0.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Heavy Engineering Industries and Shipbuilding Co KSC Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Heavy Engineering Industries and Shipbuilding Co KSC'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.

Heavy Engineering Industries and Shipbuilding Co KSC Cyclically Adjusted Price-to-FCF Chart

Heavy Engineering Industries and Shipbuilding Co KSC 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 - - - - 35.88

Heavy Engineering Industries and Shipbuilding Co KSC 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 - - - 35.88 38.95

Competitive Comparison of Heavy Engineering Industries and Shipbuilding Co KSC's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, Heavy Engineering Industries and Shipbuilding Co KSC'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.


Heavy Engineering Industries and Shipbuilding Co KSC's Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Heavy Engineering Industries and Shipbuilding Co KSC's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Heavy Engineering Industries and Shipbuilding Co KSC's Cyclically Adjusted Price-to-FCF falls into.



Heavy Engineering Industries and Shipbuilding Co KSC 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.

Heavy Engineering Industries and Shipbuilding Co KSC's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.929/0.02
=46.45

* 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.

Heavy Engineering Industries and Shipbuilding Co KSC's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Heavy Engineering Industries and Shipbuilding Co KSC'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)
=-0.019/131.7762*131.7762
=-0.019

Current CPI (Mar. 2024) = 131.7762.

Heavy Engineering Industries and Shipbuilding Co KSC Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201203 -0.012 96.783 -0.016
201206 -0.016 96.819 -0.022
201209 -0.011 97.633 -0.015
201212 -0.003 96.871 -0.004
201312 0.000 98.326 0.000
201412 0.000 99.070 0.000
201512 0.000 99.792 0.000
201603 0.030 100.470 0.039
201606 -0.010 101.688 -0.013
201609 0.023 101.861 0.030
201612 -0.009 101.863 -0.012
201703 0.007 102.862 0.009
201706 -0.025 103.349 -0.032
201709 0.016 104.136 0.020
201712 -0.016 104.011 -0.020
201803 0.013 105.290 0.016
201806 0.032 106.317 0.040
201809 0.005 106.507 0.006
201812 -0.024 105.998 -0.030
201903 -0.022 107.251 -0.027
201906 0.005 108.070 0.006
201909 -0.018 108.329 -0.022
201912 0.020 108.420 0.024
202003 0.038 108.902 0.046
202006 0.023 108.767 0.028
202009 -0.019 109.815 -0.023
202012 -0.010 109.897 -0.012
202103 0.039 111.754 0.046
202106 0.004 114.631 0.005
202109 0.040 115.734 0.046
202112 -0.004 117.630 -0.004
202203 0.014 121.301 0.015
202206 0.023 125.017 0.024
202209 -0.017 125.227 -0.018
202212 -0.013 125.222 -0.014
202303 0.000 127.348 0.000
202306 0.028 128.729 0.029
202309 -0.018 129.860 -0.018
202312 0.075 129.419 0.076
202403 -0.019 131.776 -0.019

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.


Heavy Engineering Industries and Shipbuilding Co KSC  (KUW:SHIP) 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.


Heavy Engineering Industries and Shipbuilding Co KSC Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Heavy Engineering Industries and Shipbuilding Co KSC's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) Business Description

Traded in Other Exchanges
N/A
Address
Shuwaik Port, Gate No.7, P.O. Box 21998, Safat, Kuwait, KWT, 13080
Heavy Engineering Industries and Shipbuilding Company is an Engineering, Procurement and Construction Contracting company based in Kuwait with a diversified range of business in Oil and Gas, Refineries, Petrochemicals, Power, Distillation and Desalination, Shipbuilding and Repair, Marine Services, and Construction sectors. It delivers diversified services to the industry with civil, mechanical, electrical and instrumentation constructions, maintenance, fabrication, galvanizing, shipyard services, and onshore & offshore operations.

Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) Headlines

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