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Hiap Tong (SGX:5PO) Cyclically Adjusted Price-to-FCF : 1.62 (As of Dec. 14, 2024)


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What is Hiap Tong Cyclically Adjusted Price-to-FCF?

As of today (2024-12-14), Hiap Tong's current share price is S$0.081. Hiap Tong's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 was S$0.05. Hiap Tong's Cyclically Adjusted Price-to-FCF for today is 1.62.

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

SGX:5PO' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.5   Med: 2.04   Max: 3.73
Current: 1.54

During the past 13 years, Hiap Tong's highest Cyclically Adjusted Price-to-FCF was 3.73. The lowest was 1.50. And the median was 2.04.

SGX:5PO's Cyclically Adjusted Price-to-FCF is ranked better than
95.52% of 357 companies
in the Business Services industry
Industry Median: 18.29 vs SGX:5PO: 1.54

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.

Hiap Tong's adjusted free cash flow per share data of for the fiscal year that ended in Mar24 was S$0.047. 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 S$0.05 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hiap Tong Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Hiap Tong'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.

Hiap Tong Cyclically Adjusted Price-to-FCF Chart

Hiap Tong Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.29 1.78 1.78 1.85 1.65

Hiap Tong Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - 1.85 - 1.65 -

Competitive Comparison of Hiap Tong's Cyclically Adjusted Price-to-FCF

For the Rental & Leasing Services subindustry, Hiap Tong'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.


Hiap Tong's Cyclically Adjusted Price-to-FCF Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hiap Tong's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Hiap Tong 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.

Hiap Tong's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.081/0.05
=1.62

* 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.

Hiap Tong's Cyclically Adjusted FCF per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Hiap Tong's adjusted Free Cash Flow per Share data for the fiscal year that ended in Mar24 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=0.047/131.7762*131.7762
=0.047

Current CPI (Mar24) = 131.7762.

Hiap Tong Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201503 0.046 99.621 0.061
201603 0.042 100.470 0.055
201703 0.032 102.862 0.041
201803 0.047 105.290 0.059
201903 0.018 107.251 0.022
202003 0.056 108.902 0.068
202103 0.049 111.754 0.058
202203 0.033 121.301 0.036
202303 0.066 127.348 0.068
202403 0.047 131.776 0.047

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.


Hiap Tong  (SGX:5PO) 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.


Hiap Tong Cyclically Adjusted Price-to-FCF Related Terms

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


Hiap Tong Business Description

Industry
Traded in Other Exchanges
N/A
Address
22 Soon lee Road, Singapore, SGP, 628082
Hiap Tong Corp Ltd is mainly involved in renting cranes, prime movers, heavy machinery, and equipment and trading cranes and heavy equipment. The company's products are used by the marine, petrochemical, and construction industries. It operates in two segments namely lifting and haulage services, and manpower services. The company also provides load test and drop test services for marine offshore and engineering industries. Its geographical segments include Singapore and Malaysia, of which the majority of the revenue comes from Singapore.

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