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Forise International (SGX:8A1) Cyclically Adjusted Price-to-FCF : 0.11 (As of May. 22, 2024)


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What is Forise International Cyclically Adjusted Price-to-FCF?

As of today (2024-05-22), Forise International's current share price is S$0.078. Forise International's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was S$0.70. Forise International's Cyclically Adjusted Price-to-FCF for today is 0.11.

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

SGX:8A1' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.06   Med: 0.15   Max: 0.73
Current: 0.11

During the past 13 years, Forise International's highest Cyclically Adjusted Price-to-FCF was 0.73. The lowest was 0.06. And the median was 0.15.

SGX:8A1's Cyclically Adjusted Price-to-FCF is ranked better than
99.2% of 498 companies
in the Asset Management industry
Industry Median: 20.18 vs SGX:8A1: 0.11

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.

Forise International's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was S$-0.010. 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$0.70 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Forise International Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Forise International'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.

Forise International Cyclically Adjusted Price-to-FCF Chart

Forise International 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 0.19 0.15 0.08 0.21 0.15

Forise International 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 0.08 - 0.21 - 0.15

Competitive Comparison of Forise International's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, Forise International'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.


Forise International's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Forise International's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



Forise International 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.

Forise International's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.078/0.7
=0.11

* 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.

Forise International's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Forise International'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)
=-0.01/129.4194*129.4194
=-0.010

Current CPI (Dec23) = 129.4194.

Forise International Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 5.288 99.070 6.908
201512 0.081 99.792 0.105
201612 0.003 101.863 0.004
201712 0.020 104.011 0.025
201812 0.020 105.998 0.024
201912 -0.003 108.420 -0.004
202012 -0.016 109.897 -0.019
202112 0.032 117.630 0.035
202212 -0.020 125.222 -0.021
202312 -0.010 129.419 -0.010

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.


Forise International  (SGX:8A1) 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.


Forise International Cyclically Adjusted Price-to-FCF Related Terms

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


Forise International (SGX:8A1) Business Description

Traded in Other Exchanges
N/A
Address
15 Scotts Road, No. 04-08, Suite 22, 15 Scotts, Singapore, SGP, 228218
Forise International Ltd is a Singapore-based investment holding company. The company operates in three segments: Corporate Advisory, Management consultancy, and All other segments. Its solutions include strategic planning, corporate advisory, financial restructuring advisory, management consultancy services, commercial Factoring, and asset Management. The company's geographical segments are China, Singapore, Denmark, and the United Arab Emirates, of which the majority of its revenue comes from Singapore.

Forise International (SGX:8A1) Headlines

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